Zip 01077 (Southwick, MA) Economy


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01077 Southwick, MA is a great place to live. With a 2 bedroom rent of $1,270, compared to the US average of $1,430, it's a great value for your money. The cost of living in 01077 is also lower than the US average; the grocery cost index here is 107 versus 100 in the US. Companies located in 01077 include Bunker Hill Farm LLC, CVS Pharmacy and Stop & Shop Supermarket. Additionally, there are numerous family-owned restaurants where you can find delicious local cuisine at affordable prices. Whether you're looking for a place to call home or just visiting for the weekend, you'll find plenty to do in 01077 Southwick!

Southwick (zip 01077) has an unemployment rate of 8.5%. The US average is 6.0%.

Southwick (zip 01077) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Southwick (zip 01077)
- The Sales Tax Rate for Southwick (zip 01077) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Southwick (zip 01077) 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 Southwick (zip 01077)
- The average income of a Southwick (zip 01077) resident is $44,361 a year. The US average is $37,638 a year.
- The Median household income of a Southwick (zip 01077) resident is $100,337 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouthwick, MassachusettsUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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