Zip 02568 (Vineyard Haven, MA) Economy


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United States / Massachusetts / Vineyard Haven Metro Area / Dukes County / No City / Vineyard Haven (zip 02568)
02568 Vineyard Haven, MA is a small municipality located on Martha's Vineyard Island off the coast of Massachusetts. It has a population of about 2,200 people and is a popular summer destination. The median rent for a two-bedroom apartment in 02568 Vineyard Haven, MA is $1,300 compared to $1,430 in the US overall. With regards to the grocery cost index, it is 114 versus 100 in the US. There are several local businesses in 02568 Vineyard Haven, MA such as Mermaid Farm & Dairy, Kestrel Realty Group LLC, Island Home Services Inc., and Viera Realty Inc.. People who live in or visit 02568 Vineyard Haven can enjoy its natural beauty while having access to all that these local businesses offer.

Vineyard Haven (zip 02568) has an unemployment rate of 10.3%. The US average is 6.0%.

Vineyard Haven (zip 02568) has seen the job market increase by 3.6% 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 Vineyard Haven (zip 02568)
- The Sales Tax Rate for Vineyard Haven (zip 02568) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Vineyard Haven (zip 02568) 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 Vineyard Haven (zip 02568)
- The average income of a Vineyard Haven (zip 02568) resident is $31,020 a year. The US average is $28,555 a year.
- The Median household income of a Vineyard Haven (zip 02568) resident is $70,197 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVineyard Haven, MassachusettsUnited States
  10.36
  -5.7%-6.2%
  33.7%33.5%
  6.3%6.2%
  5.1%4.6%
  $51,304$37,638
  $70,197$69,021
  $101,081$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  16.2%6.8%
  2.0%10.0%
  0.3%2.5%
  12.3%11.0%
  1.5%4.8%
  0.0%0.8%
  0.0%1.9%
  2.0%4.7%
  1.3%1.9%
  13.9%7.6%
  0.0%0.1%
  8.7%4.2%
  12.8%9.3%
  11.1%14.0%
  2.2%2.1%
  4.5%7.0%
  7.9%4.8%
  3.3%4.7%
Health