The 01718 Village Of Nagog Woods, MA is a quaint suburban village located just outside of Boston. The cost of living here is higher than the US average, primarily due to its proximity to a larger city and access to amenities such as grocery stores, restaurants, parks, and entertainment venues. The 2 bedroom rent in this area is $2,370 on average compared to the national average of $1,430. Additionally, the Grocery Cost Index in this area is 107 versus 100 for the US.
Nagog Woods boasts many local businesses that contribute to its unique culture. Some of these include Chelsea Groceries, Silver Garden Cafe & Bakery, JT's Curb Appeal Landscaping Services and More, and Aroma Pizza & Pasta. Each business offers something special that adds flavor to the town's essence.
Overall, while the cost of living in 01718 Village Of Nagog Woods may be more expensive than other locations throughout the US due its advantageous location near Boston and wide array of amenities it provides for residents; it also provides an enjoyable atmosphere that cannot be found elsewhere with its abundance of local businesses.
Village Of Nagog Woods (zip 01718) has an unemployment rate of 4.4%. The US average is 6.0%.
Village Of Nagog Woods (zip 01718) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Village Of Nagog Woods (zip 01718)
- The Sales Tax Rate for Village Of Nagog Woods (zip 01718) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Village Of Nagog Woods (zip 01718) 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 Village Of Nagog Woods (zip 01718)
- The average income of a Village Of Nagog Woods (zip 01718) resident is $54,822 a year. The US average is $37,638 a year.
- The Median household income of a Village Of Nagog Woods (zip 01718) resident is $173,000 a year. The US average is $69,021 a year.