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Economy in Woburn, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWoburn, MAUnited States
Unemployment Rate6.90%9.10%
Recent Job Growth-0.43%-0.12%
Future Job Growth32.24%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$33,772$27,067
Household Income$68,338$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.68%12.10%
Income between 15K and 25K7.00%10.18%
Income between 25K and 35K7.27%10.56%
Income between 35K and 50K12.53%14.98%
Income between 50K and 75K20.88%19.53%
Income between 75K and 100K16.24%12.52%
Income between 100K and 150K18.53%12.14%
Income between 150K and 250K5.97%3.91%
Income between 250K and 500K3.48%3.34%
Income greater than 500K0.44%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations14.26%13.81%
Professional and Related Occupations27.16%22.68%
Service14.01%14.51%
Sales and Office27.86%25.22%
Farming, Fishing, and Forestry0.15%0.68%
Construction, Extraction, and Maintenance8.16%9.37%
Production, Transportation, and Material Moving11.53%15.86%
Median Household Income

The unemployment rate in Woburn, MA, is 6.90%, with job growth of -0.43%. Future job growth over the next ten years is predicted to be 32.24%.

Woburn, MA Taxes

Woburn, MA,sales tax rate is 5.00%. Income tax is 5.30%.

Woburn, MA Income and Salaries

The income per capita is $33,772, which includes all adults and children. The median household income is $68,338.


Woburn Economy SperlingViews

Shaker Hill Section of Woburn: We moved to the west side of Woburn (known as Shaker Hill) about 2 years ago. We are close to everything. Great restaurants, great shopping, the major highways etc. ... (read more)life in woburn : Woburn is about 11 miles north of Boston. We have 2 major roadways that pass through town. It is a great place to live and raise a family. We are close to shopping, we... (read more)Where I live: No comment at this... (read more)Have an opinion about Woburn? Leave a commentTo See All SperlingViews for Woburn Click Here