02421 Lexington, MA is a popular area in Massachusetts for families and young professionals alike. The average 2 bedroom rent in the area is $3,950 which is nearly triple the US average of $1,430. This cost of living is also reflected in the Grocery Cost Index which is 118 versus 100 in the US. Popular companies that can be found in this zip code are Raytheon Technologies, Fidelity Investments, and IBM. There are also dozens of small businesses such as local restaurants, coffee shops, and specialty stores making 02421 Lexington a great place to live and work.
Lexington (zip 02421) has an unemployment rate of 5.2%. The US average is 6.0%.
Lexington (zip 02421) has seen the job market decrease by -8.9% 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 Lexington (zip 02421)
- The Sales Tax Rate for Lexington (zip 02421) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lexington (zip 02421) 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 Lexington (zip 02421)
- The average income of a Lexington (zip 02421) resident is $91,738 a year. The US average is $37,638 a year.
- The Median household income of a Lexington (zip 02421) resident is $191,140 a year. The US average is $69,021 a year.