Needham, MA (02492) is an ideal place to live with its beautiful landscape and many activities available. The average 2 bedroom rent in Needham is $2,290 which is higher than the US average of $1,430 due to the high cost of living in this desirable area. Not only does the area boast a variety of entertainment options, but it also has many local businesses that help create jobs and stimulate economic growth. Some of the major businesses located in Needham are Roche Brothers Supermarket, Munroe Shoes, El Pelon Taqueria, Stuft Pizza Bar & Grill and Post Office Square Financial Center. With these businesses and more throughout town, Needham provides an excellent quality of life for its residents while still maintaining affordability.
Needham (zip 02492) has an unemployment rate of 5.8%. The US average is 6.0%.
Needham (zip 02492) 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 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Needham (zip 02492)
- The Sales Tax Rate for Needham (zip 02492) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Needham (zip 02492) 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 Needham (zip 02492)
- The average income of a Needham (zip 02492) resident is $87,500 a year. The US average is $37,638 a year.
- The Median household income of a Needham (zip 02492) resident is $190,651 a year. The US average is $69,021 a year.