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Worcester city, MA
ZIP 01602 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle ClassLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Worcester city, MA (01602)
Median Income
$94,351
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,217
Wealth inflow
Population
25,791
Unemployment
5.3%
1.6pp above US avg
IRS migration statistics show a net inflow of about 1,217 for ZIP 01602 (Worcester city, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 01602 (2020–Present)
Since 2020, population grew 5.9%, median income rose 12.5% (inflation-adjusted), home values increased 26.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $94,351 |
| Unemployment | 5.3% |
| Establishments | 313 |
| Employees | 2,706 |