Taunton, MA (02780) is an attractive city for rental living due to its affordability. The median 2-bedroom rent in Taunton is $1,740, which is significantly lower than the national median of $1,430. Additionally, the grocery cost index in Taunton is 106 versus 100 in the US - making it a relatively affordable place to live. For those looking for employment opportunities, there are plenty of local companies operating in the area such as F&M Tool & Plastics, Enders Insurance Agency and SG&C Electric. These businesses represent just some of the diverse economic opportunities available within this vibrant city. With such affordable housing options and job opportunities, Taunton stands out as a destination for renters looking to get more out of their money while still retaining access to major cities like Boston and Providence.
Taunton (zip 02780) has an unemployment rate of 7.9%. The US average is 6.0%.
Taunton (zip 02780) has seen the job market decrease by -8.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Taunton (zip 02780)
- The Sales Tax Rate for Taunton (zip 02780) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Taunton (zip 02780) 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 Taunton (zip 02780)
- The average income of a Taunton (zip 02780) resident is $33,045 a year. The US average is $37,638 a year.
- The Median household income of a Taunton (zip 02780) resident is $63,524 a year. The US average is $69,021 a year.