02562 Sagamore, MA is a wonderful town located on Cape Cod with plenty of local businesses and amenities for residents to enjoy. The rent for a two bedroom in the area is $2120, which is significantly higher than the US average of $1430. Despite this cost difference, living in Sagamore is quite affordable thanks to its lower Grocery Cost Index score of 108 compared to the national average of 100. Residents will find plenty to do in Sagamore from going out to eat at popular local restaurants such as Jolly Oyster and Bayside American Cafe or shopping at some of the high-end stores like Southwinds and Countryside Farmstand. Local parks, such as Swifts Beach Park, are also available for recreational activities like walking and biking trails. With all these options, it’s no surprise why so many people choose to call 02562 Sagamore their home.
Sagamore (zip 02562) has an unemployment rate of 9.0%. The US average is 6.0%.
Sagamore (zip 02562) has seen the job market decrease by -11.3% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Sagamore (zip 02562)
- The Sales Tax Rate for Sagamore (zip 02562) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sagamore (zip 02562) 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 Sagamore (zip 02562)
- The average income of a Sagamore (zip 02562) resident is $50,392 a year. The US average is $37,638 a year.
- The Median household income of a Sagamore (zip 02562) resident is $110,233 a year. The US average is $69,021 a year.