Zip 01612 (Paxton, MA) Economy


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In 01612 Paxton, Massachusetts the average two-bedroom rent is $1,450 per month, just slightly higher than the national average of $1,430. The grocery cost index is 107 in Paxton compared to the US index of 100 – making groceries a bit more expensive than normal.
The small city of Paxton offers plenty for its residents and visitors alike. Some notable local businesses include the D&L Country Store with their signature homemade deli sandwiches and farm fresh produce; and Carpenters & Sons Tax Services & Electrical Contractors – family owned and operated since 1993 – offering experienced electrical repairs and tax preparation services. Other local establishments include specialty shops like Lisa’s Alterations Boutique; restaurants such as Anita's Kitchen Mexican Grill; and many other entertainment options including live music at The Brookside Inn.

Paxton (zip 01612) has an unemployment rate of 6.7%. The US average is 6.0%.

Paxton (zip 01612) has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Paxton (zip 01612)
- The Sales Tax Rate for Paxton (zip 01612) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Paxton (zip 01612) 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 Paxton (zip 01612)
- The average income of a Paxton (zip 01612) resident is $37,488 a year. The US average is $28,555 a year.
- The Median household income of a Paxton (zip 01612) resident is $123,958 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPaxton, MassachusettsUnited States
  6.76
  -8.6%-6.2%
  38.5%33.5%
  6.3%6.2%
  5.1%4.6%
  $49,419$37,638
  $123,958$69,021
  $145,469$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.5%6.8%
  13.0%10.0%
  2.7%2.5%
  12.2%11.0%
  2.2%4.8%
  0.3%0.8%
  2.2%1.9%
  3.2%4.7%
  1.0%1.9%
  8.1%7.6%
  0.2%0.1%
  2.5%4.2%
  15.8%9.3%
  12.0%14.0%
  1.9%2.1%
  5.7%7.0%
  3.1%4.8%
  6.1%4.7%
Reviews for Paxton
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Over 17 years ago

Great place to raise a  More

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