Scituate, MA (02066) is an affluent coastal town located on the South Shore of Massachusetts. It has a population of 18,478 and is home to several local businesses and organizations such as South Shore Bank, The Country Store Café, The Scituate Harbor Yacht Club, and the South Shore Educational Collaborative. The 2 bedroom rent in this area is $2,330 which is significantly higher than the US average rent of $1,430. Furthermore, according to the Grocery Cost Index Scituate has a 112 score versus the US average score of 100, showing that groceries are slightly more expensive here than they are nationwide.
The higher cost of living in Scituate can be attributed to many factors; however its popularity with locals and tourists alike plays a big role in driving up prices. In addition to its natural beauty and diverse attractions available such as whale watching trips or golfing at Pinehills Golf Club, there are also other services provided by local businesses that make it appealing for people to live here. For example South Shore Bank provides banking services that make it easier for residents to manage their finances while The Country Store Café provides quality local dining experiences that bring people from all over New England into town. All these factors contribute to why living in Scituate comes at a higher price than other places in Massachusetts or across the country.
Scituate (zip 02066) has an unemployment rate of 7.1%. The US average is 6.0%.
Scituate (zip 02066) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.
Tax Rates for Scituate (zip 02066)
- The Sales Tax Rate for Scituate (zip 02066) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Scituate (zip 02066) 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 Scituate (zip 02066)
- The average income of a Scituate (zip 02066) resident is $75,436 a year. The US average is $37,638 a year.
- The Median household income of a Scituate (zip 02066) resident is $132,639 a year. The US average is $69,021 a year.