01541 Princeton, MA is a great place to live. With a two bedroom rent costing only $1,600, the cost of living is very affordable compared to the US average of $1,430. Additionally, grocery costs in 01541 are 8% higher than national averages, but still remain relatively low. In terms of businesses and entertainment options, 01541 boasts plenty of options such as Princeton Marketplace for shopping and movies at Regal Cinemas Wachusett. For dining out there are several chain restaurants like Applebee's and Friendly's as well as locally owned eateries like Gary's Pizza House and Galvin's Restaurant & Bar. There are also some locally owned retail stores like The Beehive Boutique and New England Outdoor that offer unique goods not found everywhere else.
Princeton (zip 01541) has an unemployment rate of 6.7%. The US average is 6.0%.
Princeton (zip 01541) 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 Princeton (zip 01541)
- The Sales Tax Rate for Princeton (zip 01541) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Princeton (zip 01541) 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 Princeton (zip 01541)
- The average income of a Princeton (zip 01541) resident is $47,716 a year. The US average is $28,555 a year.
- The Median household income of a Princeton (zip 01541) resident is $148,438 a year. The US average is $69,021 a year.