38 Worcester Business Journal | October 19, 2026 | wbjournal.com
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City of Worcester
Tax status Value in FY 2026 Percent of total
Taxable residential property $20 billion 59.1%
Taxable commercial & industrial property $3.9 billion 11.5%
Taxable personal property $1.5 billion 4.4%
Tax-exempt property $8.4 billion 25.0%
Total Taxable and Tax-Exempt Property $33.8 billion 100.0%
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
$71,042
Personal income
in Worcester
Source: Census Reporter, American Community Survey, 2024
Per capita income
$38,792
