Zip 01360 (Northfield, MA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Massachusetts / No Metro Area / Franklin County / No City / Northfield (zip 01360)
01360 Northfield, MA is a popular residential area located in the northern part of Massachusetts. The average two bedroom rent in this area is $1,110 which is much less than the average two bedroom rent for the United States at $1,430. Additionally, this area also has a grocery cost index of 106 versus 100 in the US - indicating that groceries are slightly more expensive here as compared to national averages.
Northfield, MA offers a variety of amenities and activities for its residents. Some popular local companies include Northfield Mountain Recreation and Environmental Center (offering outdoor recreation activities such as skiing, hiking and fishing), MacKay's Restaurant and Pub (a cozy dining option for locals) and Booth’s Country Store (an old-fashioned country store with a deli). Residents can also find plenty of shopping centers and convenience stores throughout town.

Northfield (zip 01360) has an unemployment rate of 5.9%. The US average is 6.0%.

Northfield (zip 01360) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.

Tax Rates for Northfield (zip 01360)
- The Sales Tax Rate for Northfield (zip 01360) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Northfield (zip 01360) 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 Northfield (zip 01360)
- The average income of a Northfield (zip 01360) resident is $31,588 a year. The US average is $28,555 a year.
- The Median household income of a Northfield (zip 01360) resident is $83,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorthfield, MassachusettsUnited States
  5.96
  -7.8%-6.2%
  36.1%33.5%
  6.3%6.2%
  5.1%4.6%
  $41,106$37,638
  $83,750$69,021
  $89,483$85,028
  Population by Occupation
  6.2%1.2%
  0.5%0.5%
  3.4%6.8%
  5.8%10.0%
  4.3%2.5%
  9.7%11.0%
  1.3%4.8%
  1.0%0.8%
  2.4%1.9%
  2.9%4.7%
  1.3%1.9%
  8.3%7.6%
  0.5%0.1%
  1.3%4.2%
  16.8%9.3%
  10.4%14.0%
  0.6%2.1%
  10.5%7.0%
  4.2%4.8%
  8.6%4.7%
Health