Sheffield, MA (01257) is a small town located in Berkshire County. This idyllic city offers a peaceful and serene atmosphere while still boasting some of the lowest 2 bedroom rental costs in the United States at $1,420. The Grocery Cost Index for Sheffield, MA is also more affordable than the national average at 106 versus 100.
The residents of Sheffield, Massachusetts are fortunate to have access to local businesses that offer goods and services ranging from restaurants to clothing stores to hardware outlets. Some of the prominent companies in the area include JK's Firewood & Logging, Silloway Maple, Nataraj Indian Cuisine, and The Hardware Store of Sheffield. These businesses provide employment opportunities for residents while adding to the vibrant culture of this charming town.
Sheffield (zip 01257) has an unemployment rate of 8.0%. The US average is 6.0%.
Sheffield (zip 01257) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Sheffield (zip 01257)
- The Sales Tax Rate for Sheffield (zip 01257) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sheffield (zip 01257) 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 Sheffield (zip 01257)
- The average income of a Sheffield (zip 01257) resident is $74,854 a year. The US average is $37,638 a year.
- The Median household income of a Sheffield (zip 01257) resident is $64,531 a year. The US average is $69,021 a year.