Salary & Cost of Living in Worcester, MA
Worcester, MA: $62,000 median salary, cost of living index 108, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$62,000
$30/hr
Cost of Living
108
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.8%
rate
Worcester, MA Overview
Population
206,518
Median Salary
$62,000
Average Salary
$69,000
Avg Commute
25 min
Median Home Price
$320,000
Median Rent
$1,400/mo
Job Growth
+1.5%
Sales Tax
6.25%
Worcester is located in Massachusetts with a population of 206,518. The median household salary is $62,000 per year ($30/hour), which is $2,616 above the national median of $59,384. The average commute time is 25 minutes, and the city has a job growth rate of +1.5%.
Worcester Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Worcester, MA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$48,756
$4,062.96/month · $1,875.21/biweekly · Effective Rate: 21.4%
Gross Pay
$62,000
Federal Tax
-$5,402
State Tax
-$3,100
Local Tax
$0
FICA
-$4,743
Net Pay
$48,756
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,166.67 | $62,000.00 |
| Federal Income Tax | -$450.13 | -$5,401.50 |
| Massachusetts State Tax (5%) | -$258.33 | -$3,100.00 |
| Social Security (6.2%) | -$320.33 | -$3,844.00 |
| Medicare (1.45%) | -$74.92 | -$899.00 |
| Net Take-Home Pay | $4,062.96 | $48,755.50 |
Salary Comparison: Worcester vs Other Cities
See how Worcester's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Worcester, MA | $62,000 | 108 | $57,407 |
| National Average | $59,384 | 100 | $59,384 |
| Tempe, AZ | $62,000 | 105 | $59,048 |
| Wilmington, DE | $62,000 | 105 | $59,048 |
| Fort Lauderdale, FL | $62,000 | 118 | $52,542 |
| Miramar, FL | $62,000 | 112 | $55,357 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Worcester
Worcester's cost of living index is 108 (national average = 100). Living in Worcester is 8% more expensive than the national average.
Median Home Price
$320,000
Median Monthly Rent
$1,400
Annual Rent Cost
$16,800
Your Salary's Purchasing Power
Your $48,756 annual take-home pay in Worcester has the purchasing power of approximately $45,144 in an average-cost US area. You would need to earn $66,960 in Worcester to match a $62,000 salary in an average-cost city.
Top Industries in Worcester
Worcester's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $62,000.
Salary Tips for Worcester Workers
- Research top industries. Worcester's top industries include Healthcare, Education, Biotech. Targeting roles in these sectors can help you earn above the $62,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Worcester, MA?
The median salary in Worcester, MA is $62,000 per year, or $30 per hour. The average salary is $69,000. This is $2,616 above the national median of $59,384.
What is the cost of living in Worcester, MA?
Worcester's cost of living index is 108 (national average = 100), meaning it is 8% more expensive compared to the national average. The median home price is $320,000 and the median monthly rent is $1,400.
What are the best industries in Worcester?
The top industries in Worcester, MA include Healthcare, Education, Biotech. The city has a job growth rate of 1.5% and an unemployment rate of 3.8%. Workers in these industries often earn above the city's median salary of $62,000.
How does Worcester's salary compare to other cities?
Worcester's median salary of $62,000 is 4.4% above the national median of $59,384. However, when adjusted for cost of living (index: 108), the real purchasing power is approximately $57,407.
What is the minimum wage in Worcester, MA?
The minimum wage in Worcester, MA is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.