01772 Southborough, MA is a great place to live with lots of local amenities and businesses. This charming town is home to several reputable companies such as Agero, Inc., MassVentures, and Rosco Manufacturing Company. Living in Southborough comes with a higher cost of living compared to the US average. The average 2 bedroom rent in 01772 is $2,070 while the US average is $1,430. Furthermore, the local grocery cost index (113) is higher than the index in the US (100). Despite these costs, locals have access to an array of quality businesses and services that make it worth it for those looking for an enjoyable lifestyle.
Southborough (zip 01772) has an unemployment rate of 4.4%. The US average is 6.0%.
Southborough (zip 01772) has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.
Tax Rates for Southborough (zip 01772)
- The Sales Tax Rate for Southborough (zip 01772) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Southborough (zip 01772) 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 Southborough (zip 01772)
- The average income of a Southborough (zip 01772) resident is $81,681 a year. The US average is $37,638 a year.
- The Median household income of a Southborough (zip 01772) resident is $173,056 a year. The US average is $69,021 a year.