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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.

2.5%

UNEMPLOYMENT

17%  

JOB GROWTH SINCE 2012

14%  

COMMERCIAL VACANCY

17%

OFFICE VACANCY

Premier Companies:
Cytiva, Boston Scientific, Quest Diagnostics, Hologic, Raytheon, The TJX Companies, Dupont, Sunovion Pharmaceuticals, Ken’s Foods, GE Healthcare

Top Industries:
Life Sciences and BiotechManufacturingHigh Technology

Higher Education:
A 40-minute drive or less from leading higher education institutions, including Massachusetts Institute of TechnologyHarvard UniversityBoston CollegeBoston UniversityNortheastern UniversityUniversity of MassachusettsTufts University and others. Only 20-minutes away from Worcester Polytechnic InstituteCollege of the Holy CrossFramingham StateWellesley 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, and 85

FY21 Tax Rates

Commercial Tax Rate
24.47

Residential Tax Rate
13.80

DEMOGRAPHICS

Population
39,969

Population Age 20+
30,960

Median Age
37

Number of Households
15,922

Number of Families
10,006

TALENT

Labor Force
24,053

Total Employees
32,239

Population with College Degree or Higher
50.4%

Post-Secondary Schools Within 25 miles
90

ECONOMY

Unemployment Rate
2.5%

Total Establishments
2,440

Average Weekly Wage [2]
$1,732

Households with Income >$100K
6,634

Average Household Expenditure
$75,845

QUALITY OF LIFE

Median Household Income
$83,420

Median Home Price [3]
$395,677

Population with Health Insurance [4]
93.8%

Average Commute Travel Time
28 minutes

Major Lakes & Parks within 5 Miles
15+

NOTE: Unless otherwise indicated, all figures are sourced from MassEcon, 2020. 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
[4] Source: 
U.S. Census Bureau