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Massachusetts has a population of approximately 6,991,852 and experiences a population change rate of 10.12%. The population density is 896.4 / sq mi .
The median household income for Massachusetts is $89,026, with 2,714,448 households and an average household size of 2.48.
The median value of a home in Massachusetts is $557,300 with an appreciation rate of 13.10%. 56.87% of housing in the state is owned while 34.23% is rented.
The cost of living in Massachusetts is 139 %.
The unemployment rate in Massachusetts is 2.60%, and recent job growth is at 0.44%. Future job growth is projected at 39.02%.
The sales tax rate in Massachusetts is 6.25%, while the income tax rate is 5.00% .
School expenditures in Massachusetts are $22,249, and the school ratio is 12.2:1.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 48.5 inches per year, with 47 inches of snow per year.