01151 Springfield, MA is a great place to live with its beautiful scenery, ample amenities, and numerous local companies. In this area, the average 2 Bedroom Rent is $1,230 which is slightly lower than the US average of $1,430. Additionally, this area has an impressive Grocery Cost Index of 104 versus 100 in the US.
Some local companies include MassLive Media LLC, Highpoint Technology Group Inc., and Bancroft Engineering Corporation. There are also plenty of amenities available to those living in this area such as museums, galleries, parks and outdoor recreation activities. With all these great factors combined, 01151 Springfield MA offers an ideal residential environment for any family or individual looking for a place to call home.
Springfield (zip 01151) has an unemployment rate of 11.2%. The US average is 6.0%.
Springfield (zip 01151) 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 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Springfield (zip 01151)
- The Sales Tax Rate for Springfield (zip 01151) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Springfield (zip 01151) 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 Springfield (zip 01151)
- The average income of a Springfield (zip 01151) resident is $22,478 a year. The US average is $37,638 a year.
- The Median household income of a Springfield (zip 01151) resident is $47,234 a year. The US average is $69,021 a year.