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Massachusetts state Economy Profile

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

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 Massachusetts United States
StateMassachusetts
Total population6,349,097 281,421,906
Male3,058,816138,053,563
Female3,290,281143,368,343
Median age (years)36.535.3
Total households2,443,580105,480,101
Median household income (dollars)50,50241,994

Massachusetts state Economy

66.21% of people are in the labor force of Massachusetts. The total population of Massachusetts is 6,349,097 people. Per capita income in Massachusetts is equal to twenty-five thousand, nine hundred and fifty-two dollars. On an average, male full-time, year-round workers in Massachusetts, receive $43,048, female full-time, year-round workers in Massachusetts, are paid $32,059. There are 61,880 families with female householder, no husband present.

Self-employed workers in own not incorporated business make up 6.37% of workers in Massachusetts. 79.99% comprise private wage and salary workers in Massachusetts. There are 5,647 Unpaid family workers in Massachusetts. One hundred and thirty-four thousand, three hundred and sixty-five people are involved in public administration. 23.75% of workers provide educational, health and social services in Massachusetts. The percentage of people involved into transportation and warehousing, and utilities in Massachusetts is as follows: 4.17%.

 Massachusetts %, Massachusetts United States
Population 16 years and over5,010,241  217,168,077
In labor force3,317,479 66.21%63.92%
- Civilian labor force3,312,039 66.11%63.39%
- - Employed3,161,087 63.09%59.73%
- - Unemployed150,952 3.01%3.66%
- - - Percent of civilian labor force4.6  5.8
- Armed Forces5,440 0.11%0.53%
Not in labor force1,692,762 33.79%36.08%
 
Females 16 years and over2,640,235 52.7%51.66%
In labor force1,595,998 31.85%29.72%
- Civilian labor force1,595,032 31.84%29.65%
- - Employed1,525,552 30.45%27.92%
 
Own children under 6 years461,589 9.21%10.05%
All parents in family in labor force280,379  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over3,102,837  128,279,228
Car, truck, or van -- drove alone2,290,258 73.81%75.7%
Car, truck, or van -- carpooled279,111 9.0%12.19%
Public transportation (including taxicab)270,742 8.73%4.73%
Walked134,566 4.34%2.93%
Other means30,656 0.99%1.19%
Worked at home97,504 3.14%3.26%
Mean travel time to work (minutes)27.0  25.5
 
Employed civilian population 16 years and over3,161,087  129,721,512
 
OCCUPATION
Management, professional, and related occupations1,298,704 41.08%33.65%
Service occupations444,298 14.06%14.86%
Sales and office occupations818,844 25.9%26.69%
Farming, fishing, and forestry occupations6,642 0.21%0.73%
Construction, extraction, and maintenance occupations235,876 7.46%9.45%
Production, transportation, and material moving occupations356,723 11.28%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining12,440 0.39%1.87%
Construction173,940 5.5%6.78%
Manufacturing405,368 12.82%14.1%
Wholesale trade103,333 3.27%3.6%
Retail trade353,019 11.17%11.73%
Transportation and warehousing, and utilities131,820 4.17%5.2%
Information118,432 3.75%3.08%
Finance, insurance, real estate, and rental and leasing259,538 8.21%6.89%
Professional, scientific, management, administrative, and waste management services365,561 11.56%9.3%
Educational, health and social services750,610 23.75%19.92%
Arts, entertainment, recreation, accommodation and food services214,026 6.77%7.87%
Other services (except public administration)138,635 4.39%4.87%
Public administration134,365 4.25%4.79%
 
CLASS OF WORKER
Private wage and salary workers2,528,648 79.99%78.47%
Government workers425,573 13.46%14.59%
Self-employed workers in own not incorporated business201,219 6.37%6.63%
Unpaid family workers5,647 0.18%0.31%
 Massachusetts %, Massachusetts United States
INCOME IN 1999
Households2,444,588  105,539,122
Less than $10,000214,700 8.78%9.54%
$10,000 to $14,999137,187 5.61%6.31%
$15,000 to $24,999248,208 10.15%12.83%
$25,000 to $34,999253,125 10.35%12.81%
$35,000 to $49,999355,195 14.53%16.53%
$50,000 to $74,999490,998 20.09%19.46%
$75,000 to $99,999312,741 12.79%10.23%
$100,000 to $149,999267,300 10.93%7.72%
$150,000 to $199,99980,640 3.3%2.2%
$200,000 or more84,494 3.46%2.37%
Median household income (dollars)50,502  41,994
With earnings1,959,211 39.1%39.12%
- Mean earnings (dollars)68,437  56,604
With Social Security income640,561 12.79%12.47%
- Mean Social Security income (dollars)11,085  11,320
With Supplemental Security Income119,743 2.39%2.13%
- Mean Supplemental Security Income (dollars)6,632  6,320
With public assistance income70,183 1.4%1.67%
- Mean public assistance income (dollars)3,894  3,032
With retirement income403,769 8.06%8.13%
- Mean retirement income (dollars)16,000  17,376
 
Families1,587,537  72,261,780
Less than $10,00071,198 4.48%5.75%
$10,000 to $14,99951,086 3.22%4.31%
$15,000 to $24,999124,034 7.81%10.74%
$25,000 to $34,999142,948 9.0%12.02%
$35,000 to $49,999225,470 14.2%17.13%
$50,000 to $74,999359,202 22.63%22.32%
$75,000 to $99,999251,231 15.83%12.47%
$100,000 to $149,999222,234 14.0%9.6%
$150,000 to $199,99968,196 4.3%2.75%
$200,000 or more71,938 4.53%2.92%
Median family income (dollars)61,664  50,046
 
Per capita income (dollars)25,952  21,587
Median earnings (dollars):
Male full-time, year-round workers43,048  37,057
Female full-time, year-round workers32,059  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families105,619  6,620,945
With related children under 18 years81,762 77.41%77.87%
- With related children under 5 years38,672 36.61%38.7%
 
Families with female householder, no husband present61,880  3,315,916
With related children under 18 years55,625 89.89%88.68%
- With related children under 5 years26,564 42.93%42.27%
 
Individuals573,421  33,899,812
18 years and over396,038 69.07%65.35%
- 65 years and over71,435 12.46%9.7%
Related children under 18 years170,795 29.79%33.59%
- Related children 5 to 17 years122,354 21.34%23.52%
Unrelated individuals 15 years and over230,045 40.12%31.63%
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The data is taken from www.census.gov reports.