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Economy in Massachusetts

GDP, income, output and the industries that drive the economy.

Topics

Dive into each indicator for Massachusetts.

$754 B
GDP
11th in the U.S.
$107,300
GDP per capita
2nd in the U.S.
4.2%
Unemployment rate
2024
$62,700
Median annual wage
2nd in the U.S.
17 companies
Fortune 500 HQs
Biotech, education & healthcare
Leading sectors

Historical data

Coming soon

Long-run charts for this indicator are on the way.

Data table

GDP$754 B11th in the U.S.
GDP per capita$107,3002nd in the U.S.
Unemployment rate4.2%2024
Median annual wage$62,7002nd in the U.S.
Fortune 500 HQs17 companies
Leading sectorsBiotech, education & healthcare

Compared to the United States

Coming soon

Side-by-side comparison of Massachusetts vs. the U.S. average.

National ranking

Coming soon

The national ranking against every other state will appear here as more states are published.