Colrain, Massachusetts is a small, rural town located in the foothills of the Berkshire Mountains. It has a population of around 1,500 people and is known for its idyllic countryside scenery. The cost of living in Colrain is relatively low, with a two-bedroom rent averaging around $1,190 compared to the US average of $1,430. Grocery costs are also lower than the national average with an index of 105 versus 100 for the US as a whole.
The town offers plenty to do for its residents and visitors alike. There are several local businesses such as Colrain Lumber Company which has been operating since 1950 and specializes in lumber, hardware, and building materials. There are also several popular attractions including the Colrain Historical Society which showcases artifacts from the town's past and hosts occasional special events. Nature lovers can explore nearby Glendale Falls State Park or take a hike along one of many scenic trails in the area. With its quiet atmosphere and beautiful landscapes, Colrain is perfect for those looking to escape from everyday life.
Colrain has an unemployment rate of 7.2%. The US average is 6.0%.
Colrain has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Colrain
- The Sales Tax Rate for Colrain is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Colrain is 5.1%. The US average is 4.6%.
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Income and Salaries for Colrain
- The average income of a Colrain resident is $34,785 a year. The US average is $37,638 a year.
- The Median household income of a Colrain resident is $63,750 a year. The US average is $69,021 a year.