FAST FACTS & DATA

*Photo Credit: Ideal Video Strategies

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All the Facts Point to Marlborough, MA

Companies choose Marlborough, MA, because of its central location, quality properties, educated workforce, affordable housing, and high quality of life. Here are some of the fast facts* to keep in mind when deciding whether our city is right for your business.

Premier Companies:
Cytiva, Boston Scientific, Quest Diagnostics, Hologic, Raytheon, The TJX Companies, BJ’s Wholesale Club, DuPont, Ken’s Foods, Lifeward, Sartorius

Top Industries:
Life Sciences and Biotech, Manufacturing, High Technology

Higher Education:
A 40-minute drive or less from leading higher education institutions, including Massachusetts Institute of Technology, Harvard University, Boston College, Boston University, Northeastern University, University of Massachusetts, Tufts University and others. Only 20-minutes away from Worcester Polytechnic Institute, College of the Holy Cross, Worcester State, Framingham State, Wellesley College, and more than a dozen other 2- and 4-year postsecondary schools.

 

Airports:
A 60-minute drive or less from four major airports: Logan International Airport, Manchester-Boston Airport, T.F. Green Airport and Worcester Airport.

Highways:
Located at the hub of I-495, I-290, I-90, and Routes 9, 20, & 85

 

FY 2025 Tax Rates

Commercial Tax Rate

16.96

Residential Tax Rate

 9.86

Demographics

2024
  • 41,194 Population
  • 32,011 Population Age 20+
  • 39 Median Age
  • 16,859 Number of Households
  • 9,030 Number of Families

Talent

2024
  • 24,478 Labor Force
  • 34,204 Total Employees
  • 48% Population with College Degree or Higher
  • 83 Post-Secondary Schools within 25 miles [1]

Economy

2024
  • 2,574 Total Establishments
  • $1,907 Average Weekly Wage [2]
  • 8,378 Households with Income >$100K
  • $83,611 Average Household Expenditure

Quality of Life

2024
  • $99,176 Median Household Income
  • $550,173 Average Home Value [3]
  • 28 minutes Average Commute Travel Time
  • 15+ Major Lakes & Parks within 5 Miles

NOTE: Unless otherwise indicated, all figures are sourced from MassEcon, 2024. For more information, visit MassEcon.

*Figures in this section represent the City of Marlborough only
[1] Source: National Center for Education Statistics
[2] Source: Executive Office of Labor and Workforce Development
[3] Source: Zillow