Worcester Business Journal

November 3, 2025

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32 Worcester Business Journal | November 3, 2025 | wbjournal.com BUSINESS LEADERS HALL OF FAME AWARDS & BUSINESS LEADERS HALL OF FAME AWARDS & Winners will be profiled in a March 2026 edition and will be honored at a special ceremony in late March. Know someone worthy of one of these awards? NOMINATE THEM TODAY! Nomination deadline: December 1, 2025 Further details and nomination form at www.wbjournal.com/businessleaders This special edition and event honors top business leaders in Central Massachusetts for their companies' successes and contributions to the community. Our Business Leaders of the Year will be recognized in the categories of small and large business, nonprofit, innovator and family business leader of the year. In addition, we'll induct another select group of Central Mass business leaders in our 10th annual Hall of Fame awards. CALL FOR NOMINATIONS! PRESENTING SPONSOR City of Worcester Tax status Value in 2024 Percent of total Taxable residential property $17.6 billion 59.6% Taxable commercial & industrial property $3.6 billion 12.1% Taxable personal property $1.1 billion 3.8% Tax-exempt property $7.2 billion 24.4% Total taxable and tax-exempt property $29.5 billion Sources: Mass. Division of Local Services and City of Worcester Assessing Department, courtesy of Worcester Regional Research Bureau Value of Worcester property Median household income $69,262 Personal income in Worcester Source: Census Reporter, American Community Survey, 2023 Per capita income $36,808

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