Zip 01543 (Rutland, MA) Economy


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01543 Rutland, MA is a small town located in Central Massachusetts. The town is home to about 8,000 people and offers an array of local businesses, schools and community attractions. The 2 bedroom rent is $1,450 per month which is slightly higher than the US average of $1,430. Grocery cost index in 01543 is also higher at 107 compared to 100 nationally.
For employment opportunities there are several local companies such as the Big Y corporate office located on Route 122A which provides jobs for many locals. Rutland also has two elementary schools; Naquag Elementary School and Glenwood Elementary School that serve the area's students from pre-kindergarten to grade 5. In terms of entertainment options the town is home to Rutland State Park which offers over 700 acres of outdoor recreation for hiking and camping enthusiasts; as well as many community events hosted by the Rutland Lions Club throughout the year.

Rutland (zip 01543) has an unemployment rate of 6.7%. The US average is 6.0%.

Rutland (zip 01543) has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Rutland (zip 01543)
- The Sales Tax Rate for Rutland (zip 01543) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Rutland (zip 01543) 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 Rutland (zip 01543)
- The average income of a Rutland (zip 01543) resident is $46,331 a year. The US average is $37,638 a year.
- The Median household income of a Rutland (zip 01543) resident is $132,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRutland, MassachusettsUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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