Zip 01982 (South Hamilton, MA) Economy


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In 01982 South Hamilton, MA, the 2 Bedroom rent is $2,140 which is higher than the US average of $1,430. The Grocery Cost Index in this area is also higher than the national average, with a score of 112 versus 100 in the US. The small town of South Hamilton has easy access to amenities and local businesses such as Yankee Farmstands and Garden Center, Smith’s Country Cheese, and Red Apple Farm. It is a great place for young professionals and families alike who are looking for more affordable rents than nearby cities and towns.

South Hamilton (zip 01982) has an unemployment rate of 7.4%. The US average is 6.0%.

South Hamilton (zip 01982) 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 38.7%, which is higher than the US average of 33.5%.

Tax Rates for South Hamilton (zip 01982)
- The Sales Tax Rate for South Hamilton (zip 01982) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for South Hamilton (zip 01982) 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 Hamilton (zip 01982)
- The average income of a South Hamilton (zip 01982) resident is $46,834 a year. The US average is $28,555 a year.
- The Median household income of a South Hamilton (zip 01982) resident is $116,955 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Hamilton, MassachusettsUnited States
  7.46
  -9.4%-6.2%
  38.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $50,632$37,638
  $116,955$69,021
  $135,645$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  7.3%6.8%
  6.4%10.0%
  1.5%2.5%
  9.4%11.0%
  0.2%4.8%
  1.2%0.8%
  2.8%1.9%
  6.0%4.7%
  0.7%1.9%
  18.6%7.6%
  0.5%0.1%
  3.9%4.2%
  17.0%9.3%
  12.0%14.0%
  2.4%2.1%
  4.5%7.0%
  3.2%4.8%
  1.7%4.7%
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