Cost of Living in Worcester, MA
Population: 205,501 • 2026 Data
$67,544
Median Household Income
-13% vs national
$1,415
Median Monthly Rent
+5% vs national
$339,500
Median Home Value
+0% vs national
6.4%
Unemployment Rate
Housing in Worcester
The median home value in Worcester, MA is $339,500. Monthly rent for a typical unit averages $1,415, while total monthly housing costs (including utilities and insurance) average $1,521.
Rent-to-income ratio: 25.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Worcester, MA is $67,544. The unemployment rate stands at 6.4%, with a labor force of 109,932 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.