Zip 02564 (Siasconset, MA) Economy


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United States / Massachusetts / No Metro Area / Nantucket County / No City / Siasconset (zip 02564)
02564 Siasconset, MA is a beautiful seaside village located on the island of Nantucket. The area is known for its stunning coastal vistas and quaint local businesses. In terms of housing costs, a 2 bedroom rental in Siasconset will cost you around $4,990 per month. This is significantly higher than the national average of $1,430 per month. Grocery prices in Siasconset also tend to be higher with an index of 123 versus 100 in the US.
Local businesses in Siasconset include Bartlett's Farm, Town Pool & Tennis Club, Great Point Properties Real Estate Sales & Rentals, and The Summer House Restaurant. Each business offers something unique and contributes to the charm of this small town atmosphere. Whether you're looking for a place to call home or just passing through on vacation, Siasconect has something special to offer everyone who visits.

Siasconset (zip 02564) has an unemployment rate of 14.8%. The US average is 6.0%.

Siasconset (zip 02564) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Siasconset (zip 02564)
- The Sales Tax Rate for Siasconset (zip 02564) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Siasconset (zip 02564) 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 Siasconset (zip 02564)
- The average income of a Siasconset (zip 02564) resident is $28,862 a year. The US average is $37,638 a year.
- The Median household income of a Siasconset (zip 02564) resident is $119,519 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySiasconset, MassachusettsUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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