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Zip 01862 (North Billerica, MA) Economy


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01862 North Billerica, MA is an excellent place to live due to its affordability and convenient lifestyle. With 2 bedroom rent at $2,140, it is still lower than the average US rent of $1,430. Additionally, the cost of groceries in the area is slightly higher compared to the US average index of 100 at 109, but still more affordable than many other cities.
The thriving economy in 01862 North Billerica, MA offers plenty of job opportunities with leading companies such as Raytheon Technologies Corporation and Boston Scientific Corporation located nearby. The area also has ample recreational activities for all ages with parks, museums, libraries and golf courses within close proximity.
Overall, 01862 North Billerica, MA is a great place to live due to its affordability and convenient location among excellent job opportunities and entertainment activities that make up for an enjoyable living experience.

North Billerica (zip 01862) has an unemployment rate of 5.2%. The US average is 6.0%.

North Billerica (zip 01862) has seen the job market decrease by -8.5% over the last year. Future job growth over the next ten years is predicted to be 43.0%, which is higher than the US average of 33.5%.

Tax Rates for North Billerica (zip 01862)
- The Sales Tax Rate for North Billerica (zip 01862) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for North Billerica (zip 01862) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for North Billerica (zip 01862)
- The average income of a North Billerica (zip 01862) resident is $43,063 a year. The US average is $37,638 a year.
- The Median household income of a North Billerica (zip 01862) resident is $106,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Billerica, 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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