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Boston, Massachusetts Economy Profile

Official State Website URL- http://www.mass.gov

QuickFacts


 Boston, Massachusetts United States
StateMassachusetts
CityBoston
Total population589,141 281,421,906
Male283,588138,053,563
Female305,553143,368,343
Median age (years)31.135.3
Total households239,528105,480,101
Median household income (dollars)39,62941,994

Boston, Massachusetts Economy

63.59% of people are in the labor force of Boston, Massachusetts. The total population of Boston, Massachusetts is 589,141 people. Per capita income in Boston, Massachusetts is equal to twenty-three thousand, three hundred and fifty-three dollars. On an average, male full-time, year-round workers in Boston, Massachusetts, receive $37,435, female full-time, year-round workers in Boston, Massachusetts, are paid $32,421. There are 11,275 families with female householder, no husband present.

Self-employed workers in own not incorporated business make up 4.54% of workers in Boston, Massachusetts. 82.05% comprise private wage and salary workers in Boston, Massachusetts. There are 309 Unpaid family workers in Boston, Massachusetts. Fourteen thousand, six hundred and eighty-two people are involved in public administration. 26.76% of workers provide educational, health and social services in Boston, Massachusetts. The percentage of people involved into transportation and warehousing, and utilities in Boston, Massachusetts is as follows: 4.07%.

 Boston, Massachusetts %, Boston, Massachusetts United States
Population 16 years and over484,995  217,168,077
In labor force308,395 63.59%63.92%
- Civilian labor force308,107 63.53%63.39%
- - Employed285,859 58.94%59.73%
- - Unemployed22,248 4.59%3.66%
- - - Percent of civilian labor force7.2  5.8
- Armed Forces288 0.06%0.53%
Not in labor force176,600 36.41%36.08%
 
Females 16 years and over254,891 52.56%51.66%
In labor force152,910 31.53%29.72%
- Civilian labor force152,864 31.52%29.65%
- - Employed142,635 29.41%27.92%
 
Own children under 6 years35,204 7.26%10.05%
All parents in family in labor force19,969  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over278,463  128,279,228
Car, truck, or van -- drove alone115,618 41.52%75.7%
Car, truck, or van -- carpooled25,662 9.22%12.19%
Public transportation (including taxicab)89,906 32.29%4.73%
Walked36,323 13.04%2.93%
Other means4,361 1.57%1.19%
Worked at home6,593 2.37%3.26%
Mean travel time to work (minutes)28.8 0.01%25.5
 
Employed civilian population 16 years and over285,859  129,721,512
 
OCCUPATION
Management, professional, and related occupations123,850 43.33%33.65%
Service occupations50,839 17.78%14.86%
Sales and office occupations73,199 25.61%26.69%
Farming, fishing, and forestry occupations223 0.08%0.73%
Construction, extraction, and maintenance occupations14,118 4.94%9.45%
Production, transportation, and material moving occupations23,630 8.27%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining296 0.1%1.87%
Construction10,848 3.79%6.78%
Manufacturing17,297 6.05%14.1%
Wholesale trade5,517 1.93%3.6%
Retail trade24,375 8.53%11.73%
Transportation and warehousing, and utilities11,645 4.07%5.2%
Information12,675 4.43%3.08%
Finance, insurance, real estate, and rental and leasing29,799 10.42%6.89%
Professional, scientific, management, administrative, and waste management services42,625 14.91%9.3%
Educational, health and social services76,508 26.76%19.92%
Arts, entertainment, recreation, accommodation and food services26,227 9.17%7.87%
Other services (except public administration)13,365 4.68%4.87%
Public administration14,682 5.14%4.79%
 
CLASS OF WORKER
Private wage and salary workers234,558 82.05%78.47%
Government workers38,004 13.29%14.59%
Self-employed workers in own not incorporated business12,988 4.54%6.63%
Unpaid family workers309 0.11%0.31%
 Boston, Massachusetts %, Boston, Massachusetts United States
INCOME IN 1999
Households239,603  105,539,122
Less than $10,00037,230 15.54%9.54%
$10,000 to $14,99915,764 6.58%6.31%
$15,000 to $24,99927,276 11.38%12.83%
$25,000 to $34,99927,496 11.48%12.81%
$35,000 to $49,99935,928 14.99%16.53%
$50,000 to $74,99941,496 17.32%19.46%
$75,000 to $99,99923,784 9.93%10.23%
$100,000 to $149,99918,496 7.72%7.72%
$150,000 to $199,9995,491 2.29%2.2%
$200,000 or more6,642 2.77%2.37%
Median household income (dollars)39,629  41,994
With earnings189,454 39.06%39.12%
- Mean earnings (dollars)60,165  56,604
With Social Security income44,831 9.24%12.47%
- Mean Social Security income (dollars)9,243  11,320
With Supplemental Security Income17,158 3.54%2.13%
- Mean Supplemental Security Income (dollars)6,569  6,320
With public assistance income9,766 2.01%1.67%
- Mean public assistance income (dollars)3,917  3,032
With retirement income26,234 5.41%8.13%
- Mean retirement income (dollars)15,498  17,376
 
Families116,657  72,261,780
Less than $10,00012,602 10.8%5.75%
$10,000 to $14,9997,118 6.1%4.31%
$15,000 to $24,99913,348 11.44%10.74%
$25,000 to $34,99913,548 11.61%12.02%
$35,000 to $49,99917,595 15.08%17.13%
$50,000 to $74,99922,545 19.33%22.32%
$75,000 to $99,99912,909 11.07%12.47%
$100,000 to $149,99910,061 8.62%9.6%
$150,000 to $199,9993,175 2.72%2.75%
$200,000 or more3,756 3.22%2.92%
Median family income (dollars)44,151  50,046
 
Per capita income (dollars)23,353  21,587
Median earnings (dollars):
Male full-time, year-round workers37,435  37,057
Female full-time, year-round workers32,421  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families17,892  6,620,945
With related children under 18 years13,811 77.19%77.87%
- With related children under 5 years6,534 36.52%38.7%
 
Families with female householder, no husband present11,275  3,315,916
With related children under 18 years9,801 86.93%88.68%
- With related children under 5 years4,549 40.35%42.27%
 
Individuals109,128  33,899,812
18 years and over79,629 72.97%65.35%
- 65 years and over10,432 9.56%9.7%
Related children under 18 years28,928 26.51%33.59%
- Related children 5 to 17 years21,062 19.3%23.52%
Unrelated individuals 15 years and over49,147 45.04%31.63%
View more about Boston, Massachusetts: population  |   housing  |   education  |   economy  |   neighborhood


The data is taken from www.census.gov reports.