Town40,876 people

Woburn, MA

Discover how far your salary goes in Woburn. Compare taxes, rent, and living costs.

Cost Index
170
💰 Expensive
Population

40,876

State Tax

5.0%

1BR Rent

$1,995

/month

vs National

+43%

above avg

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Rent Prices in Woburn

🏠

Studio

$1,596

/month

$19,152/year

Most Common
🛏️

1 Bedroom

$1,995

/month

$23,940/year

🏡

2 Bedroom

$2,693

/month

$32,316/year

🏘️

3 Bedroom

$3,491

/month

$41,892/year

Taxes in Massachusetts

State Income Tax

Massachusetts

5.0%

For a $100k salary, that's ~$5,000/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Woburn, MA?

Woburn has a cost of living index of 170, which is 70% above the national average. A 1-bedroom apartment costs around $1,995/month.

What is the state income tax in Massachusetts?

Massachusetts has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.

How much is rent in Woburn?

The median rent for a 1-bedroom apartment in Woburn is $1,995/month. For a 2-bedroom, expect to pay around $2,693/month. This is 43% above the national average.

Is Woburn a good place to live?

Woburn is a town with a population of 40,876. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Woburn

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