Boston’s colleges and universities contribute to the economy in ways beyond providing a work force to city businesses and maintaining a stable workforce of approximately 50,000 jobs.
What is the most common job in Boston?
The top ten most common jobs in Boston, MA are:
- Research Assistant.
- Sales Associate.
- Cashier.
- Customer Service Representative.
- Volunteer.
- Office Assistant.
- Security Officer.
- Consultant.
What is Boston’s main industry?
The most significant industry sectors among Boston’s largest employers are Health Care, Finance and Insurance, and Higher Education. These three industries account for approximately 74% of all employment in Boston’s largest employers, or roughly 142,000 jobs across 61 companies.
What is the population of Boston 2022?
The current metro area population of Boston in 2022 is 4,327,000, a 0.28% increase from 2021. The metro area population of Boston in 2021 was 4,315,000, a 0.14% increase from 2020. The metro area population of Boston in 2020 was 4,309,000, a 0.05% increase from 2019.
How many people are employed in MA?
3,664,200
Employment now stands at 3,664,200. Since the employment trough in April 2020, Massachusetts gained 613,200 jobs.
What is a good salary in Boston?
A good salary in Boston, MA is anything over $53,000. That’s because the median income in Boston is $53,000, which means if you earn more than that you’re earning more than 50% of the people living in Boston. The average salary in Boston is $63,751.
What salary do you need to live in Boston?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $38,027 | $75,096 |
| Annual taxes | $8,891 | $17,558 |
| Required annual income before taxes | $46,918 | $92,654 |
Who is the largest employer in Massachusetts?
General Electric
Detailed List Of The 100 Biggest Companies In Massachusetts
| Rank | Company | Employees |
|---|---|---|
| 1 | General Electric | 283,000 |
| 2 | Dunkin’ Brands | 270,000 |
| 3 | The TJX Companies | 270,000 |
| 4 | National Amusements | 133,269 |
What is Boston is famous for?
Share. Boston is best known for its famous baked beans, Fenway Park, The Boston Marathon, and of course for the bar from Cheers, but dig a little deeper below the surface and you’ll find a surprising wealth of things that make Boston one of the best cities in America—and the world.
How is Boston economy?
The US average is $28,555 a year. – The Median household income of a Boston resident is $54,485 a year. The US average is $53,482 a year.
Income and Salaries for Boston.
| ECONOMY | Boston, Massachusetts | United States |
|---|---|---|
| Recent Job Growth | -9.1% | -6.2% |
| Future Job Growth | 42.5% | 33.5% |
| Sales Taxes | 6.3% | 6.2% |
| Income Tax | 5.1% | 4.6% |
Is Boston overpopulated?
Boston is one of the nation’s most densely populated cities; although the city occupies less than 1% of Massachusetts’ land area, 9.5% of the state’s population lived in Boston in 2008.
Is Boston a white city?
Over the last four decades, Boston has become a much more racially and ethnically diverse place. In 1970, close to 70% of Boston’s population was white. Today, whites comprise only 47% of the city’s population, making Boston a “majority-minority” city for the second consecutive Census.
What percent of Boston is black?
24.2%
Table
| Population | ||
|---|---|---|
| White alone, percent | 52.1% | 75.8% |
| Black or African American alone, percent(a) | 24.2% | 13.6% |
| American Indian and Alaska Native alone, percent(a) | 0.3% | 1.3% |
| Asian alone, percent(a) | 9.8% | 6.1% |
What is the unemployment rate in Boston?
BOSTON, MA – The state’s June total unemployment rate is down one-tenth of a percentage point at 4.9 percent following a revision to the May unemployment rate of 5.0 percent, the Executive Office of Labor and Workforce Development announced Friday.
What is the poverty rate in Boston?
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $76,298 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $46,845 |
| Persons in poverty, percent | 18.0% |
What is the main source of income in Massachusetts?
The economy of Massachusetts today is based largely on technological research and development and the service sector (including tourism).
Is it easy to get a job in Boston?
Employment in Boston
Finding a job in Boston is not going to be easy since there is highly skilled competition in the area. Unsolicited applications might be a good idea, especially because there is a large hidden job market in the US.
What is middle class income in Boston?
between $50,000 and $125,000
Boston’s middle class is broadly defined as households with annual incomes between $50,000 and $125,000.
Is Boston expensive to live?
Living in the Hub is not cheap—Boston is among the most expensive cities in the US. According to Numbeo’s cost of living index, which factors the cost of consumer goods prices, including groceries, restaurants, transportation, and utilities, Boston’s steep price point earns it a score of 88.27 out of 100 in July 2020.
Where is the cheapest place to live in Boston?
What are the Most Affordable Neighborhoods in Boston?
- Allston-Brighton.
- Dorchester.
- East Boston.
- Roslindale.
- Hyde Park.
How much does a house in Boston cost?
Single-Family Home Prices in Greater Boston 2019
| City/Town | 2018 Median Price | Ten-Year Change |
|---|---|---|
| Boston | $615,000 | 76% |
| Boxborough | $675,000 | 8% |
| Boxford | $687,500 | 25% |
| Braintree | $498,000 | 45% |