Zip 01259 (Southfield, MA) Economy


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The town of Southfield, Massachusetts is a great place to live due to its many amenities and close proximity to larger cities. The average two bedroom rent in Southfield is $1,680, which is slightly higher than the US average two bedroom rent of $1,430. Additionally, the grocery cost index in Southfield is 109 compared to 100 in the US.
Southfield offers plenty of recreational activities both indoors and outdoors for residents. Popular local businesses include Stoughton House of Pizza, Café Al Dente, and Jia Asian Bistro & Bar. There are also several popular fitness centers such as Maxx Fitness 24/7 and Anytime Fitness. For shopping, there’s Southfield Commons Shopping Center and Walmart Supercenter. Residents also have access to several medical facilities including Southfield Medical Center and AFC Urgent Care Southfield.

Southfield (zip 01259) has an unemployment rate of 8.0%. The US average is 6.0%.

Southfield (zip 01259) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Southfield (zip 01259)
- The Sales Tax Rate for Southfield (zip 01259) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Southfield (zip 01259) 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 Southfield (zip 01259)
- The average income of a Southfield (zip 01259) resident is $38,970 a year. The US average is $28,555 a year.
- The Median household income of a Southfield (zip 01259) resident is $110,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouthfield, MassachusettsUnited States
  86
  -9.1%-6.2%
  29.6%33.5%
  6.3%6.2%
  5.1%4.6%
  $48,422$37,638
  $110,417$69,021
  $118,750$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  11.3%6.8%
  4.9%10.0%
  4.4%2.5%
  21.5%11.0%
  0.0%4.8%
  0.0%0.8%
  3.2%1.9%
  2.9%4.7%
  0.0%1.9%
  13.4%7.6%
  0.0%0.1%
  0.0%4.2%
  15.4%9.3%
  10.2%14.0%
  0.9%2.1%
  2.0%7.0%
  5.8%4.8%
  0.0%4.7%
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