Massachusetts Economic Profile
Population, income, employment, GDP, and federal spending analysis for Massachusetts.
Population
7.1M
2025
Median Income
N/A
Fed Spending / Capita
$6K
Spending as % GDP
N/A
GDP
N/A
Poverty Rate
N/A
Bachelor's Degree %
N/A
Median Age
N/A
Federal Spending Over Time
$019
$020
$021
$022
$023
$240.08B24
$110.05B25
$43.05B26
Per-Capita Spending
$34K24
$15K25
$6K26
Population Trend
$7.0M19
$7.0M20
$7.0M21
$7.0M22
$7.1M23
$7.1M24
$7.1M25
Spending & Economic Context
| Year | Spending | Per Capita | % GDP | Real (2024$) | Unemployment |
|---|---|---|---|---|---|
| 2019 | $0 | — | — | — | — |
| 2020 | $0 | — | — | — | — |
| 2021 | $0 | — | — | — | — |
| 2022 | $0 | — | — | — | — |
| 2023 | $0 | — | — | — | — |
| 2024 | $240.08B | $34K | — | — | — |
| 2025 | $110.05B | $15K | — | — | — |
| 2026 | $43.05B | $6K | — | — | — |