Worcester Business Journal Special Editions

2014 Central Mass By the Numbers

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Sponsored by: November 3, 2014 • Voume 25 • Number 22 • www.wbjournal.com • $19.95 By The Numbers Our annual quantitative snapshots of the region's economy $368.8M 21 Number of bank branches in Framingham, second only to Worcester in Central Mass. The value of construction costs throughout Central Mass. in 2013, a jump of 27 percent over 2012. $10,111 Spending per pupil in the Grafton Public Schools in fiscal year 2013, the lowest in Central Mass. 63.1% Average occupancy rate from January through August for hotels in Worcester County, up from 60.5 percent last year. Property foreclosures in Central Mass. from September 2013 to August 2014, representing 28 percent of all Mass. forecloseures. 19.3% Office vacancy rate in Worcester during the third quarter of 2014. $36.2M Value of tax-exempt property in Boxborough, representing the lowest percentage – 3.7% – within Central Mass. 94% Percentage of Grafton 1oth-graders scoring "proficient" or better on the MCAS English test. 153 NUMBER OF BANKS IN CENTRAL MASSACHUSETTS 33.9% Population growth in Upton from 2000 to 2013, the highest of any community in Central Mass . 702 14.03% (State average: $14,021) (State average: 90 percent) 3.5% Unemployment rate for Stow in July 2014, the lowest of any community in Central Mass. 374 Number of patents issued in 2013 to EMC Corp. of Hopkinton, a jump of 17% from 319 the previous year. 39 Building permits for single-family homes issued last year in Leominster, a 255 percent jump from 2009 Operating margin for fiscal year 2013 for Saint Vincent Hospital in Worcester, the highest of any Central Mass. hospital. The gap between the residential ($18.29) and commercial/ industrial ($40.92) property tax rates in Framingham in fiscal year 2014, the widest among the 17 Central Mass. communities with dual rates. $22.63 50 Number of LEED (Leadership in Energy & Environmental Design) certified buildings in Central Mass.

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