Massachusetts Economic Profile
Population, income, employment, GDP, and federal spending analysis for Massachusetts.
Population
N/A
2025
Median Income
N/A
Fed Spending / Capita
$364.7
Spending as % GDP
0.3%
GDP
$820.10B
Poverty Rate
N/A
Bachelor's Degree %
N/A
Median Age
N/A
Federal Spending Over Time
$018
$019
$020
$021
$022
$023
$5.94B24
$4.97B25
$2.60B26
Per-Capita Spending
$831.7424
$695.8725
$364.726
Population Trend
$6.6M10
$6.6M11
$6.7M12
$6.7M13
$6.8M14
$6.8M15
$6.8M16
$6.9M17
$6.9M18
$6.9M19
$7.0M20
$7.0M21
$7.0M22
$7.1M23
$7.1M24
Spending & Economic Context
| Year | Spending | Per Capita | % GDP | Real (2024$) | Unemployment |
|---|---|---|---|---|---|
| 2018 | $0 | — | — | — | — |
| 2019 | $0 | — | — | — | — |
| 2020 | $0 | — | — | — | — |
| 2021 | $0 | — | — | — | — |
| 2022 | $0 | — | — | — | — |
| 2023 | $0 | — | — | — | — |
| 2024 | $5.94B | $831.74 | 0.8% | — | — |
| 2025 | $4.97B | $695.87 | 0.6% | — | — |
| 2026 | $2.60B | $364.7 | 0.3% | — | — |