The town of Russell, MA (01071) is a great place to live with an average rent for 2 bedrooms costing $1,040, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Russell is 106 versus 100 in the US. Residents can shop at local stores such as Four Corners Market and Big Y or they can get groceries delivered to their door through companies like Instacart and Peapod.
Russell (zip 01071) has an unemployment rate of 8.5%. The US average is 6.0%.
Russell (zip 01071) 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 Russell (zip 01071)
- The Sales Tax Rate for Russell (zip 01071) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Russell (zip 01071) 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 Russell (zip 01071)
- The average income of a Russell (zip 01071) resident is $33,864 a year. The US average is $28,555 a year.
- The Median household income of a Russell (zip 01071) resident is $94,286 a year. The US average is $69,021 a year.