2024 Compare Cities Economy:
Groton, CT vs Southborough, MA

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Highlights
- Household income in Southborough, is 130% more than it is in Groton and is 59% above the National Average.
- Groton unemployment rate is 9.2%.
- Southborough unemployment rate is 4.4%.
 Groton, CTSouthborough, MAUnited States
 Unemployment Rate9.2%4.4%6.0%
 Recent Job Growth0.2%3.2%1.6%
 Future Job Growth31.1%36.7%33.5%
 Sales Taxes6.4%6.3%6.2%
 Income Taxes5.0%5.1%4.6%
 Income per Cap.$40,786$82,164$37,638
 Household Income$73,999$170,223$69,021
 Family Median Income$88,932$204,514$85,028
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 Est. Households By Income
 Groton, CTSouthborough, MAUnited States
 Income Less Than 15K6.4%5.3%9.4%
 Income between 15K and 20K3.2%0.3%3.8%
 Income between 20K and 30K6.6%3.7%8.1%
 Income between 30K and 40K8.8%2.2%8.0%
 Income between 40K and 50K7.6%2.4%7.6%
 Income between 50K and 60K7.3%4.4%7.2%
 Income between 60K and 75K10.5%3.4%9.6%
 Income between 75K and 100K15.4%7.9%12.8%
 Income between 100K and 150K16.1%15.1%16.3%
 Income between 150K and 200K8.8%12.9%7.8%
 Income greater than 200K9.2%42.4%9.5%
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 Population By Occupation
 Groton, CTSouthborough, MAUnited States
 Management, business, finance16.7%31.8%16.4%
 Engineering, computers, science11.5%13.5%6.5%
 Community, social services1.7%1.9%1.8%
 Legal1.0%2.2%1.2%
 Education, library7.9%3.6%6.2%
 Arts, design, media, sports, entertainment1.8%2.0%2.0%
 Healthcare practitioners and technology6.5%9.0%6.2%
 Healthcare support3.8%1.5%3.3%
 Firefighters, law enforcement1.6%0.4%2.1%
 Food preparation, serving8.5%1.7%5.4%
 Building maintenance3.4%1.9%3.6%
 Personal care3.2%3.2%2.6%
 Sales, office, administrative support18.2%19.6%20.9%
 Farming, fishing, forestry0.0%1.1%0.6%
 Construction, extraction, maintenance/repair6.1%3.0%8.1%
 Production, transportation, material moving8.1%3.5%13.1%
Reviews for Groton    0 Reviews

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Reviews for Southborough    3 Reviews

Over 4 years ago

My son has been a student at Fay School for 7 years and is now in the lower school. He is thriving at Fay academically, socially, and in the athletics program. I  More

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Over 7 years ago

As an alum of Fay, I can say that my experiences there have shaped my life forever. During the years that I spent at Fay, I became a more confident student, person and  More

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Over 7 years ago

Fay School has provided a rigorous and supportive environment. In addition to the academic challenge, students are encouraged to participate in extra-curricular  More

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