Economy in Worcester, Massachusetts
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| Unemployment Rate | 6.90% | 8.60% |
| Recent Job Growth | 0.07% | 0.35% |
| Future Job Growth | 33.24% | 32.10% |
| Sales Taxes | 5.00% | 5.00% |
| Income Taxes | 5.30% | 4.70% |
| Income per Cap. | $23,038 | $26,154 |
| Household Income | $44,576 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 16.92% | 12.37% |
| Income between 15K and 25K | 11.27% | 10.53% |
| Income between 25K and 35K | 11.65% | 10.88% |
| Income between 35K and 50K | 15.11% | 15.37% |
| Income between 50K and 75K | 19.19% | 20.14% |
| Income between 75K and 100K | 11.40% | 12.41% |
| Income between 100K and 150K | 9.95% | 11.27% |
| Income between 150K and 250K | 3.33% | 5.01% |
| Income between 250K and 500K | 1.07% | 1.86% |
| Income greater than 500K | 0.11% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.94% | 14.04% |
| Professional and Related Occupations | 22.97% | 20.61% |
| Service | 17.31% | 14.45% |
| Sales and Office | 26.29% | 26.75% |
| Farming, Fishing, and Forestry | 0.06% | 0.70% |
| Construction, Extraction, and Maintenance | 6.48% | 9.42% |
| Production, Transportation, and Material Moving | 15.95% | 14.05% |
The unemployment rate in Worcester, MA, is 6.90%, with job growth of 0.07%. Future job growth over the next ten years is predicted to be 33.24%.
Worcester, MA Taxes
Worcester, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Worcester, MA Income and Salaries
The income per capita is $23,038, which includes all adults and children. The median household income is $44,576.
Worcester Economy SperlingViews
Lots of colleges here!: If you are looking for academia, this meduim sized city has lots to offer. And, many other colleges within an hour's... (read more)Plenty to Do: Worcester has a lot going for it. Housing costs much less than Boston. There are plenty of great places to eat and drink on the cheap. Worcester has great theaters,... (read more)Disagree with good schools in the country, Worcest: That whole area has the WORST schools in the country. Yes, great colleges, but the test scores are at the very bottom. Check out greatschools.com for... (read more)Have an opinion about Worcester? Leave a commentTo See All SperlingViews for Worcester Click Here
