Tewksbury, MA (01876) is a great place to live if you're looking for an affordable rent. The 2 Bedroom rent in Tewksbury is around $2,830 compared to the national average of $1,430. On top of that, the cost of groceries here is much lower than the US at 109 versus 100. This makes Tewksbury an ideal choice for those on a budget. Furthermore, there are plenty of local businesses in the area such as grocery stores like Market Basket and Price Rite Supermarkets; convenience stores such as 7-Eleven and Stop & Shop; banking centers like TD Bank and People’s United Bank; and retail outlets such as Homegoods and Kohl’s. With all these amenities available at your fingertips, Tewksbury is definitely a great place to call home.
Tewksbury (zip 01876) has an unemployment rate of 5.3%. The US average is 6.0%.
Tewksbury (zip 01876) has seen the job market decrease by -8.5% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.
Tax Rates for Tewksbury (zip 01876)
- The Sales Tax Rate for Tewksbury (zip 01876) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Tewksbury (zip 01876) 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 Tewksbury (zip 01876)
- The average income of a Tewksbury (zip 01876) resident is $50,304 a year. The US average is $37,638 a year.
- The Median household income of a Tewksbury (zip 01876) resident is $112,917 a year. The US average is $69,021 a year.