Wellesley, MA (02457) is an affluent suburban town located just outside of Boston. It offers a combination of quality education, cultural attractions, and access to urban amenities. The average two-bedroom rent in Wellesley is $3,290, which is significantly higher than the US average of $1,430. Additionally, grocery costs in Wellesley have an index of 110 compared to 100 nationally. Notable companies in the area include Akamai Technologies, Staples Inc., and TripAdvisor LLC. There are also many smaller businesses and startups operating out of Wellesley which help to make it an attractive place to live.
Wellesley (zip 02457) has an unemployment rate of 5.8%. The US average is 6.0%.
Wellesley (zip 02457) 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 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Wellesley (zip 02457)
- The Sales Tax Rate for Wellesley (zip 02457) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wellesley (zip 02457) 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 Wellesley (zip 02457)
- The average income of a Wellesley (zip 02457) resident is $4,882 a year. The US average is $37,638 a year.
- The Median household income of a Wellesley (zip 02457) resident is $0 a year. The US average is $69,021 a year.