Zip 02368 (Randolph, MA) Economy


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The cost of living in 02368 Randolph, MA is higher than the US average. On average, a two bedroom apartment will cost $2,400, which is higher than the national average of $1,430. Grocery costs index at 108 compared to the US baseline of 100.
02368 Randolph, MA has many local businesses that serve residents and visitors alike. Notable companies include Randolph Automotive Group, which offers car sales and maintenance services; U-Haul Moving & Storage of Randolph; and Target Realty Company, a real estate agency. There are also several local eateries such as Dandy's Bakery and Sub City Pizza on Main Street.

Randolph (zip 02368) has an unemployment rate of 5.8%. The US average is 6.0%.

Randolph (zip 02368) has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Randolph (zip 02368)
- The Sales Tax Rate for Randolph (zip 02368) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Randolph (zip 02368) 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 Randolph (zip 02368)
- The average income of a Randolph (zip 02368) resident is $28,139 a year. The US average is $28,555 a year.
- The Median household income of a Randolph (zip 02368) resident is $87,985 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRandolph, MassachusettsUnited States
  5.86
  -9.1%-6.2%
  40.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $39,596$37,638
  $87,985$69,021
  $98,813$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  6.5%6.8%
  7.0%10.0%
  1.1%2.5%
  11.3%11.0%
  5.9%4.8%
  0.2%0.8%
  1.9%1.9%
  6.6%4.7%
  1.1%1.9%
  6.5%7.6%
  0.3%0.1%
  4.2%4.2%
  10.6%9.3%
  21.8%14.0%
  0.6%2.1%
  4.8%7.0%
  4.6%4.8%
  4.7%4.7%
Health