Zip 01060 (Northampton, MA) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
01060 Northampton, MA is a thriving town located in Hampshire County. With a population of 27,811 people, residents of 01060 enjoy access to various local companies offering goods and services at competitive prices. Companies like Big Y Foods, Walmart Supercenter, Amherst Farmers Supply Co., Home Depot and Target are all available for convenient shopping within the area. For those looking for housing in 01060, the average 2 Bedroom rent is slightly higher than the US average at $1,660 compared to $1,430 respectively. The area has also seen a slight increase in their grocery cost index with an index rate of 109 compared to 100 in the US.

Northampton (zip 01060) has an unemployment rate of 4.5%. The US average is 6.0%.

Northampton (zip 01060) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Northampton (zip 01060)
- The Sales Tax Rate for Northampton (zip 01060) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Northampton (zip 01060) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Northampton (zip 01060)
- The average income of a Northampton (zip 01060) resident is $48,050 a year. The US average is $37,638 a year.
- The Median household income of a Northampton (zip 01060) resident is $70,467 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorthampton, MassachusettsUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.