Zip 02667 (Wellfleet, MA) Economy


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Located on the shores of Cape Cod, Wellfleet, Massachusetts is a small town with a population of 2,700. As of 2020, the median rent for a two-bedroom apartment in Wellfleet is $1,880 per month; significantly higher than the national average of $1,430. The cost of living in Wellfleet is also higher than the US average with a grocery cost index of 112 compared to 100 nationally.
Wellfleet benefits from several local businesses and amenities including: Pamet River Carpentry, Wellfleet Hardware Store, Sesuit Harbor Café, Mac's Seafood Market and Restaurant, as well as Pat Brody Shelter for Cats. Other popular activities include visiting the National Seashore Park or paddle boarding on one of its many picturesque lakes.

Wellfleet (zip 02667) has an unemployment rate of 9.0%. The US average is 6.0%.

Wellfleet (zip 02667) has seen the job market increase by 3.7% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for Wellfleet (zip 02667)
- The Sales Tax Rate for Wellfleet (zip 02667) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wellfleet (zip 02667) 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 Wellfleet (zip 02667)
- The average income of a Wellfleet (zip 02667) resident is $34,979 a year. The US average is $28,555 a year.
- The Median household income of a Wellfleet (zip 02667) resident is $90,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellfleet, MassachusettsUnited States
  96
  -11.3%-6.2%
  35.8%33.5%
  6.3%6.2%
  5.1%4.6%
  $42,155$37,638
  $90,625$69,021
  $115,673$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  16.3%6.8%
  2.6%10.0%
  2.3%2.5%
  15.9%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.9%4.7%
  1.8%1.9%
  6.5%7.6%
  0.0%0.1%
  1.6%4.2%
  10.3%9.3%
  9.7%14.0%
  3.7%2.1%
  17.4%7.0%
  4.1%4.8%
  4.3%4.7%
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