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Economic Atlas
Places/MA/Worcester
County profile

Worcester

United States · GDP 2024
#97 of 3,127 US counties by GDP50th-percentile growthmore diversified than 93% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$60.9B
GDP growth
+4.4%
Jobs tracked
319,255
Employers
19,181
Avg. wage
$68.6k
Population
888,502
Labor & formation
Unemployment
4.1%
Median HH income
$95.9k±$1.1k
Business applications
7,975 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1BJ's Wholesale Club Holdings, Inc.Consumer Defensive$21.5B70B2The Hanover Insurance Group, Inc.Financial Services$6.6B82B+3Waters CorporationHealthcare$3.2B81B+4Aspen Aerogels, Inc.Industrials$271.1M43D5Kopin Corp.Technology$39.3M61C6Precision Optics Corporation, Inc.Healthcare$19.1M61C7Micron Solutions, Inc.Healthcare$17.5M——8SideChannel, Inc.Technology$7.4M48D9Vystar CorporationBasic Materials$54.8k27D10ThermoEnergy CorporationIndustrials$2.8k——

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
Health care32%
Retail trade19%
Manufacturing17%
Food & accommodation13%
Professional services11%
Education8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
888,502
residents · 2025 · +3.7% since 2020
Income per capita $71.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−4,343
International migration+30,997
Natural change+4,853

GDP trend

2019–2024 · nominal
$45.8B
2019
$46.2B
2020
$50.9B
2021
$55.0B
2022
$58.4B
2023
$60.9B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$423.7k±$3.4k
Median gross rent
$1.4k/mo±$19/mo
Vacancy rate
5.5%±0.3%
Affordability
6.2× wages
Residential permits
1,690 (1.9/1k pop)
FEMA risk score
93.5
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Ice storm 99Strong wind 97Hurricane 97
FHFA HOUSE PRICE INDEX · 2016–2025
801
2016
844
2017
891
2018
931
2019
971
2020
1100
2021
1252
2022
1360
2023
1452
2024
1501
2025

Transport access

BTS · FAA · USACE
Nearest interstate
7.7 km
I-190
Nearest freight rail
2.9 km
PW
Nearest port
68.5 km
AMELIA EARHART DAM PIER
Nearest commercial airport
9.7 km
WORCESTER RGNL
Filing activity
SEC EDGAR

26 filings from 8 companies here in the last 90 days.

8-KBJ's Wholesale Club Holdings, Inc.06-18
8-KKopin Corp.06-18
8-KKopin Corp.06-04
10-QBJ's Wholesale Club Holdings, Inc.05-28
8-KKopin Corp.05-28
8-KWaters Corporation05-22
8-KBJ's Wholesale Club Holdings, Inc.05-22
8-KAspen Aerogels, Inc.05-18
10-QPrecision Optics Corporation, Inc.05-13
8-KThe Hanover Insurance Group, Inc.05-13
Wage trend
BLS QCEW · 2019–2023
$68.6k
avg. annual pay · +20% since 2019
Similar US counties
nearest by GDP
Essex$60.7BKent$60.3BChester$60.2BSnohomish$62.0BDeKalb$59.3BTulsa$59.3B
The read

Worcester's economy produced $60.9B in 2024, growing 4.4% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.

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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