Worcester, MA 01604 is a lovely city in New England with many great local companies and amenities. The average 2 bedroom rent in Worcester is $1,810 per month, which is higher than the average US 2 bedroom rent of $1,430 per month. Additionally, the Grocery Cost Index in Worcester (105) is higher than the national index of 100. There are several great businesses located throughout the city like Commerce Bank, Hanover Insurance Group, UMass Memorial Health Care, and Reliant Medical Group. For those looking to take advantage of all that Worcester has to offer there are plenty of amenities such as shopping centers like Greendale Mall, restaurants like The Sole Proprietor or Firefly's BBQ, parks like Green Hill Park and Elm Park and so much more.
Worcester (zip 01604) has an unemployment rate of 7.6%. The US average is 6.0%.
Worcester (zip 01604) has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Worcester (zip 01604)
- The Sales Tax Rate for Worcester (zip 01604) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Worcester (zip 01604) 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 Worcester (zip 01604)
- The average income of a Worcester (zip 01604) resident is $25,798 a year. The US average is $28,555 a year.
- The Median household income of a Worcester (zip 01604) resident is $63,107 a year. The US average is $69,021 a year.