Zip 01474 (West Townsend, MA) Economy


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01474 West Townsend, MA is a great place to live and call home. This charming town is located in Worcester County and offers its residents many amenities and activities to explore. The average two-bedroom rent in 01474 West Townsend is $2,230 which is slightly higher than the US average of $1,430. Grocery costs index in this area is 106 versus the US index of 100, demonstrating how it’s a more expensive place to buy food items than other areas.
The local economy of 01474 West Townsend consists primarily of small businesses and services such as Smith Brothers Automotive Repair shop, Liberty Property Group that offers property management services, Advance Flooring Solutions and The Academy at Charlemont which provides educational programs for children ages 2-14 years old. 01474 West Townsend also has plenty of restaurants such as El Rincon Mexicano Mexican Restaurant that serves traditional Mexican cuisine and The Old Mill Pub that offers a family friendly atmosphere with amazing pub food.

West Townsend (zip 01474) has an unemployment rate of 5.2%. The US average is 6.0%.

West Townsend (zip 01474) has seen the job market increase by 4.1% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for West Townsend (zip 01474)
- The Sales Tax Rate for West Townsend (zip 01474) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for West Townsend (zip 01474) 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 West Townsend (zip 01474)
- The average income of a West Townsend (zip 01474) resident is $40,677 a year. The US average is $28,555 a year.
- The Median household income of a West Townsend (zip 01474) resident is $108,068 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Townsend, MassachusettsUnited States
  5.26
  -8.9%-6.2%
  41.3%33.5%
  6.3%6.2%
  5.1%4.6%
  $48,031$37,638
  $108,068$69,021
  $147,868$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.0%6.8%
  13.6%10.0%
  3.5%2.5%
  12.7%11.0%
  0.7%4.8%
  0.0%0.8%
  1.5%1.9%
  1.4%4.7%
  0.0%1.9%
  14.7%7.6%
  0.0%0.1%
  1.8%4.2%
  10.9%9.3%
  8.8%14.0%
  6.2%2.1%
  4.7%7.0%
  6.9%4.8%
  4.6%4.7%
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