01253 Otis, MA is a small town located in Massachusetts that offers its residents an array of local amenities. It has plenty of shops, restaurants, and other services to meet the needs of the locals for everyday living. The cost of living here is slightly higher than the national average with two bedroom rent averaging $1,760 compared to the US’s $1,430. Grocery costs are also higher than usual here with a grocery cost index of 106 versus 100 in the US. The town also has its own school district and many parks and trails for outdoor recreation. Popular local companies include Otis Insurance Company, Granville Golf Course, and Otis General Store. All in all, 01253 Otis MA provides great opportunities for those looking for a safe place to live with quality local businesses and amenities nearby.
Otis (zip 01253) has an unemployment rate of 8.0%. The US average is 6.0%.
Otis (zip 01253) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Otis (zip 01253)
- The Sales Tax Rate for Otis (zip 01253) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Otis (zip 01253) 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 Otis (zip 01253)
- The average income of a Otis (zip 01253) resident is $33,233 a year. The US average is $28,555 a year.
- The Median household income of a Otis (zip 01253) resident is $93,625 a year. The US average is $69,021 a year.