The small town of Cheshire, MA (01225) is a great place to live and work due to its relatively low 2 bedroom rent at $1,640. This is significantly lower than the US average of $1,430 making it quite affordable for people living in the area. Additionally, Cheshire’s grocery cost index is 103 compared to the US which is 100 meaning that groceries here are slightly more expensive but still economically feasible. Local companies in Cheshire include The Landmark Inn, Dick’s Auto Parts & Towing, John Sugg Trucking LLC, Mraz Surveying Services and Smart Data Recruiters.
Cheshire (zip 01225) has an unemployment rate of 8.0%. The US average is 6.0%.
Cheshire (zip 01225) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Cheshire (zip 01225)
- The Sales Tax Rate for Cheshire (zip 01225) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cheshire (zip 01225) 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 Cheshire (zip 01225)
- The average income of a Cheshire (zip 01225) resident is $38,249 a year. The US average is $37,638 a year.
- The Median household income of a Cheshire (zip 01225) resident is $69,069 a year. The US average is $69,021 a year.