The average Massachusettsan is taxed at a rate of 1.04% for property, a maximum of 5.10% for income and 6.25% for sales. Compared to the national averages Massachusetts earns a score of average for property taxes, average for income taxes and good 👍 for combined local and state sales tax. Quick links to regions of Massachusetts with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Massachusetts
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On average, real estate listings in Massachusetts are on the market for 72 days. The Market Health Index for Massachusetts is 3.73. Middlesex is the wealthiest of all counties in Massachusetts. The least wealthy of all counties in Massachusetts is Hampden.
Daily state facts: Massachusetts is one of the top four states for receiving small business innovation research awards from the National Institutes of Health.
According to the Bureau of Labor Statistics, Massachusetts employment in June 2019 was 3,838,790, unemployment was 113,504 or 3.0% of total jobs.