Massachusetts

Last Updated: April 17, 2021

Overview

Commonwealth of Massachusetts is the official name of the state. It is the most populous in the New England region of the United States. It is the seventh smallest state in the U.S. On February 6, 1788, Massachusetts became the sixth state to ratify the United States Constitution. Boston is the capital of Massachusetts and the populous city in New England. 

The states surrounding places are the Atlantic Ocean to the east, Connecticut state and Rhode Island to the South, New Hampshire and Vermont to the north, and New York to the west.  The four largest and famous cities in Massachusetts are Boston, Worcester, Springfield and Cambridge. There are 50 cities and 301 towns in Massachusetts. 

Contemporary Massachusetts is a global leader in biotechnology, engineering, higher education, finance and maritime trade. Both Harvard and MIT in Cambridge are ranked among the top five academic institutions in the world. In 2018, Massachusetts overall educational system was ranked the top among all fifty U.S states. Thus, the state is home to 121 higher education institutions.

If you want to visit or read then Massachusetts can undeniably be one of the best choices. Massachusetts is the 6th most popular tourist destination for foreign travellers. Some of the best tourist attractions in the state are the Museum of Fine Arts Boston, Freedom Trail, Faneuil Hall Marketplace, New England Aquarium, Boston Common, Fenway Park, Boston Harbour, Harvard University etc.

Key Facts:

  • Some of the sectors that greatly support the Massachusetts economy are Higher Education, Biotechnology, Information Technology, Finance, health care, tourism, manufacturing and defence.
  • In 2019, the real GDP of Massachusetts was about $518.72 billion.
  • The unemployment rate in the state was 8.9% as of 2019.
  • In 2019, the average annual pay of employees in Massachusetts amounted to $75,473 US dollars.
  • As of 2019, the Per Capita real GDP of employees in Massachusetts totalled 75, 258 US dollars.