01080 Palmer Town, MA is a small town situated near the Connecticut River. With a population of approximately 8,600 people, it is the perfect balance between a relaxed small-town lifestyle and modern amenities. The 2 bedroom rent in Palmer Town is $1,190, which is lower than the national average of $1,430. Additionally, the grocery cost index in Palmer Town is 104 versus 100 in the US, making it an affordable place to live. Residents can enjoy local companies such as Palmer Motors and The American House for a variety of needs. All in all, 01080 Palmer Town offers comfortable living that won't break the bank.
Palmer Town (zip 01080) has an unemployment rate of 8.5%. The US average is 6.0%.
Palmer Town (zip 01080) has seen the job market increase by 3.6% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Palmer Town (zip 01080)
- The Sales Tax Rate for Palmer Town (zip 01080) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Palmer Town (zip 01080) 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 Palmer Town (zip 01080)
- The average income of a Palmer Town (zip 01080) resident is $21,878 a year. The US average is $28,555 a year.
- The Median household income of a Palmer Town (zip 01080) resident is $80,087 a year. The US average is $69,021 a year.