Wellesley, MA is located in Norfolk County and has a population of 28,637 according to the 2010 Census. It is an affluent suburb of Boston located just west of the city. The 2 Bedroom rent in Wellesley is $3,860 while the US average for 2 Bedrooms is $1,430. In terms of grocery cost index, Wellesley's index is 121 compared to 100 for the US as a whole. Wellesley is home to many prominent businesses such as Roche Bros Supermarkets and Tufts Health Plan. Furthermore, it is also the home of notable institutions including Wellesley College and Babson College. With its vibrant economy and diverse culture, Wellesley continues to be a desirable destination for both local residents and visitors alike.
Wellesley (zip 02481) has an unemployment rate of 5.8%. The US average is 6.0%.
Wellesley (zip 02481) has seen the job market increase by 4.3% 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 02481)
- The Sales Tax Rate for Wellesley (zip 02481) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wellesley (zip 02481) 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 02481)
- The average income of a Wellesley (zip 02481) resident is $81,123 a year. The US average is $28,555 a year.
- The Median household income of a Wellesley (zip 02481) resident is $249,375 a year. The US average is $69,021 a year.