Worcester, MA Metro Area is a great place to live. With rental costs slightly higher than the US average at $1,530 for two bedroom units and grocery cost index of 106 versus 100 in the US, it offers many advantages. The city has many large employers such as UMass Memorial Health Care and the Norton Company that offer well-paying jobs. It also boasts a lively culture with numerous attractions such as the Worcester Art Museum, Ecotarium museum, The Hanover Theatre for Performing Arts, and the Tower Hill Botanic Garden. With plenty of opportunities to explore its history and cultural heritage, Worcester is a great place to call home.
Worcester Metro Area has an unemployment rate of 6.7%. The US average is 6.0%.
Worcester Metro Area has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Worcester Metro Area
- The Sales Tax Rate for Worcester Metro Area is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Worcester Metro Area is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Worcester Metro Area
- The average income of a Worcester Metro Area resident is $40,750 a year. The US average is $37,638 a year.
- The Median household income of a Worcester Metro Area resident is $80,333 a year. The US average is $69,021 a year.