Zip 02188 (Weymouth Town, MA) Economy


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Weymouth Town, MA 02188 is an affluent suburb of Boston with a population of 54,859. The median 2 bedroom rent in the area is $2,340, which is significantly higher than the US average of $1,430. Additionally, grocery costs index in Weymouth Town stands at 108 compared to the national average of 100. Major employers in the area include South Shore Hospital and South Shore Plaza Shopping Center. Other businesses include Monihans Service Station, Wolf Hill Garden Center, Curran Volkswagen Hyundai and Premier Auto Group. Consequently, Weymouth Town provides plenty of employment opportunities for local residents.

Weymouth Town (zip 02188) has an unemployment rate of 6.9%. The US average is 6.0%.

Weymouth Town (zip 02188) 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 40.1%, which is higher than the US average of 33.5%.

Tax Rates for Weymouth Town (zip 02188)
- The Sales Tax Rate for Weymouth Town (zip 02188) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Weymouth Town (zip 02188) 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 Weymouth Town (zip 02188)
- The average income of a Weymouth Town (zip 02188) resident is $37,683 a year. The US average is $28,555 a year.
- The Median household income of a Weymouth Town (zip 02188) resident is $98,327 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWeymouth Town, MassachusettsUnited States
  6.96
  -9.1%-6.2%
  40.1%33.5%
  6.3%6.2%
  5.1%4.6%
  $47,005$37,638
  $98,327$69,021
  $119,231$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.5%6.8%
  8.7%10.0%
  2.2%2.5%
  9.4%11.0%
  4.4%4.8%
  1.8%0.8%
  1.8%1.9%
  6.6%4.7%
  0.5%1.9%
  8.7%7.6%
  0.1%0.1%
  2.5%4.2%
  7.8%9.3%
  19.2%14.0%
  1.3%2.1%
  5.0%7.0%
  5.3%4.8%
  5.2%4.7%
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