South Barre, Massachusetts (01074) is an affluent suburb located in Central Mass. It has a population of 2,741 and is known for its small-town charm. The median two bedroom rent price in the area is $1,380 which is below the US average of $1,430. Grocery costs are also lower than the US index, coming in at 106 versus the US rate of 100. Given this low cost of living, South Barre is an ideal place to live for those looking for a quieter lifestyle.
The town offers plenty of amenities for residents and visitors alike. Notable local companies include: EJ Packing Meat Company, which offers quality meats sold locally; Barre Furniture Co., a family run furniture store; Pishon Crafts & Antiques, a purveyor of handmade crafts and antiques; and Rock Creek Farms, a sustainable farm that grows vegetables and flowers for sale to the public. With its low cost of living and abundance of local businesses, South Barre continues to be a desirable place for many New Englanders.
South Barre (zip 01074) has an unemployment rate of 6.7%. The US average is 6.0%.
South Barre (zip 01074) has seen the job market increase by 4.0% 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 South Barre (zip 01074)
- The Sales Tax Rate for South Barre (zip 01074) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for South Barre (zip 01074) 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 South Barre (zip 01074)
- The average income of a South Barre (zip 01074) resident is $20,456 a year. The US average is $28,555 a year.
- The Median household income of a South Barre (zip 01074) resident is $81,681 a year. The US average is $69,021 a year.