Salary & Cost of Living in Dracut, MA
Dracut, MA: $72,672 median salary, cost of living index 126.4, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$72,672
$35/hr
Cost of Living
126.4
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.7%
rate
Dracut, MA Overview
Population
31,826
Median Salary
$72,672
Average Salary
$81,393
Avg Commute
18 min
Median Home Price
$513,000
Median Rent
$2,068/mo
Job Growth
+2.5%
Sales Tax
6.25%
Dracut is located in Massachusetts with a population of 31,826. The median household salary is $72,672 per year ($35/hour), which is $13,288 above the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +2.5%.
Dracut Salary by Experience Level (2026)
Wage distribution in Dracut, MA based on BLS percentile breakdown of the $72,672 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $45,057 | $21.66/hr | 0–2 years |
| Mid-Level (Median) | $72,672 | $34.94/hr | 3–7 years |
| Senior-Level | $103,194 | $49.61/hr | 8–15 years |
| Top 10% (90th Percentile) | $129,356 | $62.19/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Dracut Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Dracut, MA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$55,877
$4,656.43/month · $2,149.12/biweekly · Effective Rate: 23.1%
Gross Pay
$72,672
Federal Tax
-$7,602
State Tax
-$3,634
Local Tax
$0
FICA
-$5,559
Net Pay
$55,877
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,056.00 | $72,672.00 |
| Federal Income Tax | -$633.49 | -$7,601.84 |
| Massachusetts State Tax (5%) | -$302.80 | -$3,633.60 |
| Social Security (6.2%) | -$375.47 | -$4,505.66 |
| Medicare (1.45%) | -$87.81 | -$1,053.74 |
| Net Take-Home Pay | $4,656.43 | $55,877.15 |
Salary Comparison: Dracut vs Other Cities
See how Dracut's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Dracut, MA | $72,672 | 126.4 | $57,494 |
| National Average | $59,384 | 100 | $59,384 |
| Norwood, MA | $72,668 | 126.3 | $57,536 |
| La Habra, CA | $72,666 | 154.8 | $46,942 |
| Vacaville, CA | $72,689 | 149.5 | $48,621 |
| Severna Park, MD | $72,689 | 104.2 | $69,759 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Dracut
Dracut's cost of living index is 126.4 (national average = 100). Living in Dracut is 26.400000000000006% more expensive than the national average.
Median Home Price
$513,000
Median Monthly Rent
$2,068
Annual Rent Cost
$24,816
Your Salary's Purchasing Power
Your $55,877 annual take-home pay in Dracut has the purchasing power of approximately $44,207 in an average-cost US area. You would need to earn $91,857 in Dracut to match a $72,672 salary in an average-cost city.
Top Industries in Dracut
Dracut's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $72,672.
Salary Tips for Dracut Workers
- Negotiate for cost of living. Dracut has a cost of living 26.400000000000006% above the national average. When negotiating salary, factor in the higher housing and living costs to ensure your real purchasing power stays competitive.
- Research top industries. Dracut's top industries include Biotech, Education, Finance. Targeting roles in these sectors can help you earn above the $72,672 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Dracut, MA?
The median salary in Dracut, MA is $72,672 per year, or $35 per hour. The average salary is $81,393. This is $13,288 above the national median of $59,384.
What is the cost of living in Dracut, MA?
Dracut's cost of living index is 126.4 (national average = 100), meaning it is 26.400000000000006% more expensive compared to the national average. The median home price is $513,000 and the median monthly rent is $2,068.
What are the best industries in Dracut?
The top industries in Dracut, MA include Biotech, Education, Finance. The city has a job growth rate of 2.5% and an unemployment rate of 3.7%. Workers in these industries often earn above the city's median salary of $72,672.
How does Dracut's salary compare to other cities?
Dracut's median salary of $72,672 is 22.4% above the national median of $59,384. However, when adjusted for cost of living (index: 126.4), the real purchasing power is approximately $57,494.
What is the minimum wage in Dracut, MA?
The minimum wage in Dracut, MA is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.