Worcester Business Journal Special Editions

2014 Central Mass By the Numbers

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www.wbjournal.com Worcester Business Journal • 2014 Central Mass By The Numbers 41 49 66 93 90% 41% $12,646,008 $18,266,089 $21,037,380 66% 15% 6 9 11 83% 22% $1,617,017 $3,118,730 $3,901,338 141% 25% 21 17 16 -24% -6% $2,850,000 $2,307,143 $2,171,429 -24% -6% 9 8 14 56% 75% $2,854,910 $2,000,000 $3,413,950 20% 71% 6 7 11 83% 57% $1,351,850 $2,225,000 $2,845,010 110% 28% 47 11 4 -91% -64% $13,820,468 $4,148,944 $1,540,149 -89% -63% 20 14 21 5% 50% $2,761,150 $2,105,000 $5,484,960 99% 161% 13 48 40 208% -17% $3,361,600 $12,134,283 $10,152,847 202% -16% 11 18 24 118% 33% $2,913,319 $4,463,500 $6,649,554 128% 49% 13 16 6 -54% -63% $2,604,566 $1,136,972 $1,136,972 -56% 0% 7 8 12 71% 50% $1,310,000 $1,257,650 $1,642,000 25% 31% 19 7 11 -42% 57% $3,248,992 $2,329,500 $2,620,000 -19% 12% 13 30 24 85% -20% $2,616,275 $6,627,603 $5,965,477 128% -10% 4 4 3 -25% -25% $788,700 $692,228 $470,097 -40% -32% 9 33 15 67% -55% $3,371,000 $10,569,000 $4,511,000 34% -57% 9 9 9 0% 0% $1,834,272 $1,650,590 $1,996,500 9% 21% 20 2 21 5% 950% $2,336,505 $460,000 $2,900,400 24% 531% 8 8 4 -50% -50% $1,173,948 $1,558,500 $542,000 -54% -65% 6 30 60 900% 100% $1,728,675 $4,571,361 $10,294,127 495% 125% 10 22 19 90% -14% $3,325,250 $5,009,280 $6,254,944 88% 25% 38 29 27 -29% -7% $4,782,581 $3,649,864 $3,398,149 -29% -7% 110 44 53 -52% 20% $10,579,500 $5,171,540 $7,159,526 -32% 38% 1393 1373 1817 30% 32% $258,634,385 $291,027,805 $368,815,036 43% 27% REAL ESTATE Property tax rates Residential tax rates in Central Massachusetts for fiscal year 2014 range from a low of $11.68 per $1,000 assessed valuation in Dudley to $22.29 in Maynard. The 17 communities with separate rates for residential and commercial/industrial property are highlighted in yellow. Municipality Residential commercial Shrewsbury Southborough Southbridge Spencer Sterling Stow Sturbridge Sudbury Sutton templeton townsend Upton Uxbridge Warren Wayland Webster West Boylston West Brookfield Westborough Westminster Winchendon Worcester totAL central Mass. Source: U.S. Bureau of the Census Building Permit Survey NC - Not Calculable Note: Some estimates included 2009 2012 2013 change change 2009 2012 2013 change change Municipality Permits Permits Permits 2009-2013 2012-2013 construction cost construction cost construction cost 2009-2013 2012-2013 Source: Massachusetts Department of Revenue Municipality Residential commercial Municipality Residential commercial Princeton $17.24 $17.24 Royalston $12.29 $12.29 Rutland $17.11 $17.11 Sherborn $20.34 $20.34 Shirley $16.75 $16.75 Shrewsbury $12.17 $12.17 Southborough $16.18 $16.18 Southbridge $19.64 $19.64 Spencer $13.15 $13.15 Sterling $16.93 $16.93 Stow $19.17 $19.17 Sturbridge $19.20 $21.65 Sudbury $18.03 $24.94 Sutton $16.88 $16.88 templeton $16.24 $16.24 townsend $19.57 $19.57 Upton $16.95 $16.95 Uxbridge $17.31 $17.31 Warren $19.10 $19.10 Wayland $18.33 $18.33 Webster $13.29 $19.40 West Boylston $17.66 $17.66 West Brookfield $14.19 $14.19 Westborough $19.29 $19.29 Westminster $18.98 $18.98 Winchendon $15.96 $15.96 Worcester $19.54 $30.83 Holliston $19.88 $19.88 Hopedale $16.29 $26.22 Hopkinton $17.63 $17.63 Hubbardston $14.52 $14.52 Hudson $17.42 $34.45 Lancaster $18.91 $18.91 Leicester $14.53 $14.53 Leominster $18.89 $18.89 Littleton $17.41 $29.22 Lunenburg $17.99 $17.99 Marlborough $16.11 $28.22 Maynard $22.29 $32.28 Medway $18.84 $18.84 Mendon $16.02 $16.02 Milford $17.69 $30.68 Millbury $17.10 $17.10 Millis $17.06 $17.06 Millville $17.18 $17.18 natick $14.18 $14.18 new Braintree $16.34 $16.34 north Brookfield $15.24 $15.24 northborough $16.59 $16.59 northbridge $13.26 $13.26 oakham $12.96 $12.96 oxford $15.00 $15.00 Paxton $20.51 $20.51 Pepperell $15.86 $15.86 Petersham $15.93 $15.93 Phillipston $16.29 $16.29 Acton $19.45 $19.45 Ashburnham $19.83 $19.83 Ashby $19.10 $19.10 Ashland $17.39 $17.39 Athol $18.43 $18.43 Auburn $17.29 $23.38 Ayer $14.08 $28.55 Barre $16.06 $16.06 Bellingham $14.66 $17.91 Berlin $16.67 $23.91 Blackstone $18.83 $18.83 Bolton $21.20 $21.20 Boxborough $17.69 $17.69 Boylston $17.39 $17.39 Brookfield $18.70 $18.70 charlton $12.66 $12.66 clinton $16.15 $30.19 douglas $16.23 $16.23 dudley $11.68 $11.68 east Brookfield $17.42 $17.42 Fitchburg $19.83 $26.32 Framingham $18.29 $40.92 Franklin $14.45 $14.45 Gardner $18.87 $18.87 Grafton $15.26 $15.26 Groton $17.38 $17.38 Hardwick $15.82 $15.82 Harvard $17.09 $17.09 Holden $17.75 $17.75

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