Salary & Cost of Living in Taunton, MA
Taunton, MA: $71,547 median salary, cost of living index 138.5, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$71,547
$34/hr
Cost of Living
138.5
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.3%
rate
Taunton, MA Overview
Population
58,241
Median Salary
$71,547
Average Salary
$80,133
Avg Commute
21 min
Median Home Price
$578,000
Median Rent
$2,341/mo
Job Growth
+1.9%
Sales Tax
6.25%
Taunton is located in Massachusetts with a population of 58,241. The median household salary is $71,547 per year ($34/hour), which is $12,163 above the national median of $59,384. The average commute time is 21 minutes, and the city has a job growth rate of +1.9%.
Taunton Salary by Experience Level (2026)
Wage distribution in Taunton, MA based on BLS percentile breakdown of the $71,547 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 | $44,359 | $21.33/hr | 0–2 years |
| Mid-Level (Median) | $71,547 | $34.40/hr | 3–7 years |
| Senior-Level | $101,597 | $48.85/hr | 8–15 years |
| Top 10% (90th Percentile) | $127,354 | $61.23/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.
Taunton Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Taunton, MA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$55,142
$4,595.16/month · $2,120.84/biweekly · Effective Rate: 22.9%
Gross Pay
$71,547
Federal Tax
-$7,354
State Tax
-$3,577
Local Tax
$0
FICA
-$5,473
Net Pay
$55,142
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,962.25 | $71,547.00 |
| Federal Income Tax | -$612.86 | -$7,354.34 |
| Massachusetts State Tax (5%) | -$298.11 | -$3,577.35 |
| Social Security (6.2%) | -$369.66 | -$4,435.91 |
| Medicare (1.45%) | -$86.45 | -$1,037.43 |
| Net Take-Home Pay | $4,595.16 | $55,141.96 |
Salary Comparison: Taunton vs Other Cities
See how Taunton's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Taunton, MA | $71,547 | 138.5 | $51,658 |
| National Average | $59,384 | 100 | $59,384 |
| Carson, CA | $71,555 | 140.8 | $50,820 |
| Monterey Park, CA | $71,637 | 159.4 | $44,942 |
| Temecula, CA | $71,677 | 125.6 | $57,068 |
| Camden, NJ | $71,415 | 129.1 | $55,318 |
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 Taunton
Taunton's cost of living index is 138.5 (national average = 100). Living in Taunton is 38.5% more expensive than the national average.
Median Home Price
$578,000
Median Monthly Rent
$2,341
Annual Rent Cost
$28,092
Your Salary's Purchasing Power
Your $55,142 annual take-home pay in Taunton has the purchasing power of approximately $39,814 in an average-cost US area. You would need to earn $99,093 in Taunton to match a $71,547 salary in an average-cost city.
Top Industries in Taunton
Taunton's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $71,547.
Salary Tips for Taunton Workers
- Negotiate for cost of living. Taunton has a cost of living 38.5% 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. Taunton's top industries include Biotech, Education, Finance. Targeting roles in these sectors can help you earn above the $71,547 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.
Methodology & Local Economy Data Sources
How we calculate Taunton salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Taunton-MA metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Taunton indexed at 138.5.
- Median salary calculation: weighted average of Taunton's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $71,547 annual median.
- Tax burden reflects Massachusetts state income tax (5%) (no local income tax), sales tax (6.25%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Taunton: 3.3%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Biotech, Education, Finance — based on QCEW employment concentration data.
- Job growth: 1.9% projected through 2034, derived from BLS Employment Projections program for Massachusetts.
- Housing context: median home price $578,000, median rent $2,341/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Taunton, MA:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Taunton unemployment rate
- U.S. Census Bureau — Taunton QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Massachusetts — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Taunton's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Massachusetts labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the median salary in Taunton, MA?
The median salary in Taunton, MA is $71,547 per year, or $34 per hour. The average salary is $80,133. This is $12,163 above the national median of $59,384.
What is the cost of living in Taunton, MA?
Taunton's cost of living index is 138.5 (national average = 100), meaning it is 38.5% more expensive compared to the national average. The median home price is $578,000 and the median monthly rent is $2,341.
What are the best industries in Taunton?
The top industries in Taunton, MA include Biotech, Education, Finance. The city has a job growth rate of 1.9% and an unemployment rate of 3.3%. Workers in these industries often earn above the city's median salary of $71,547.
How does Taunton's salary compare to other cities?
Taunton's median salary of $71,547 is 20.5% above the national median of $59,384. However, when adjusted for cost of living (index: 138.5), the real purchasing power is approximately $51,658.
What is the minimum wage in Taunton, MA?
The minimum wage in Taunton, 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.