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Places/MD/Worcester
County profile

Worcester

United States · GDP 2024
#789 of 3,127 US counties by GDPtop-quartile growthmore diversified than 19% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$4.1B
GDP growth
+8.6%
Jobs tracked
20,249
Employers
2,256
Avg. wage
$44.3k
Population
54,459
Labor & formation
Unemployment
4.2%
Median HH income
$81.7k±$4.1k
Business applications
732 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Calvin B. Taylor Bankshares, Inc.Financial Services$51.2M67B

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Food & accommodation43%
Retail trade23%
Health care15%
Other services7%
Construction7%
Arts & recreation5%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
54,459
residents · 2025 · +3.7% since 2020
Income per capita $73.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+3,068
International migration+470
Natural change−1,568

GDP trend

2019–2024 · nominal
$3.0B
2019
$2.8B
2020
$3.3B
2021
$3.6B
2022
$3.8B
2023
$4.1B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$374.7k±$9.5k
Median gross rent
$1.2k/mo±$85/mo
Vacancy rate
57.6%±1.0%
Affordability
8.5× wages
Residential permits
242 (4.4/1k pop)
FEMA risk score
68.2
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 92Coastal flooding 88Winter weather 74
FHFA HOUSE PRICE INDEX · 2016–2025
283
2016
294
2017
304
2018
322
2019
332
2020
378
2021
439
2022
506
2023
525
2024
539
2025

Transport access

BTS · FAA · USACE
Nearest interstate
135.0 km
I-595
Nearest freight rail
0.4 km
MDDE
Nearest port
18.1 km
ELLIOTT JOS
Nearest commercial airport
20.8 km
SALISBURY-OCEAN CITY WICOMICO RGNL
Wage trend
BLS QCEW · 2019–2023
$44.3k
avg. annual pay · +25% since 2019
Similar US counties
nearest by GDP
Dinwiddie$4.1BMississippi$4.2BPope$4.2BFauquier$4.2BSandusky$4.1BVermilion$4.2B
The read

Worcester's economy produced $4.1B in 2024, growing 8.6% year over year — faster than most US counties. Its largest employment sector is food & accommodation.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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