Zip 02145 (Somerville, MA) 

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Economy in Zip 02145 (Somerville, MA)

Somerville (zip 02145) has an unemployment rate of 4.4%. The US average is 6.0%.

Somerville (zip 02145) has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.

Tax Rates for Somerville (zip 02145)
- The Sales Tax Rate for Somerville (zip 02145) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Somerville (zip 02145) 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 Somerville (zip 02145)
- The average income of a Somerville (zip 02145) resident is $30,625 a year. The US average is $28,555 a year.
- The Median household income of a Somerville (zip 02145) resident is $55,774 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYSomerville, MassachusettsUnited States
  4.4%6.0%
  -9.1%-6.2%
  44.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $34,795$31,177
  $68,553$57,652
  $71,092$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  0.3%0.6%
  6.6%6.2%
  6.6%10.4%
  1.6%2.7%
  9.3%11.6%
  3.3%4.1%
  0.2%0.9%
  2.5%2.1%
  4.0%4.7%
  1.6%1.9%
  10.3%6.7%
  0.3%0.1%
  4.4%4.3%
  12.1%9.3%
  12.8%13.8%
  1.6%2.2%
  11.8%7.4%
  6.2%4.9%
  4.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Somerville (zip 02145)


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