Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
86,768
86,768 Total Auto Jobs in Massachusetts
1.79%
1.79% is dependent on the Auto Industry for Jobs.
$5.82B
Total Labor Income Annually
$11.65B
Total Car Sales in 2018
355.7K
Total New Car Sold in 2018
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.
Tax Revenue
$364.8M
Total State Tax revenue
1.2%
Percent of State Tax Revenue
$667.8M
New Vehicle Sales Taxes
$378.7M
Used Vehicle Sales Taxes
$148.1M
Sales Tax on Auto Parts and Services
$1.32B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$13.8M
Corporate Profits Tax
$89M
State Income Taxes
Registrations
5,382,570
Registered
By Body Style
By Powertrain
The Massachusetts average age of vehicles is 9.84 years.
Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.New Purchases
355,731
Vehicles Sold
By Body Style
By Powertrain
$6.16B
$6.16 Billion Total Imports$775.7M
$775.7 Million Total Exports$820M
$820 Million Total Imports$50.6M
$50.6 Million Total ExportsGasoline Stations 3654
Electric Charging Stations 596
Biodiesel Stations 2
Compressed Natural Gas Stations 12
Hydrogen Stations 1
Liquefied Natural Gas Stations 1
Liquefied Petroleum Gas Stations 33
$32,738
$32,738 Average MSRP Per New Car
$77,385
$77,385 Median Household Income
$6,449
$6,449 Median Monthly Household Income
$499
$499 Median Monthly New Car Payment
7.73%
7.73% Monthly Car Payment As A Percent Of Monthly Income (%)
Commuting to Work
Automakers' Facilities
Ford Motor Company |
Location | Employees | |
|---|---|---|---|
| Boston Regional Office | Southborough | 16 |
General Motors |
Location | Employees | |
|---|---|---|---|
| GM Financial -- Boston Branch Office | Southborough | 52 |
Honda |
Location | Employees | |
|---|---|---|---|
| American Honda Finance Corporation Regional Office | Holyoke | 136 |
Kia |
Location | Employees | |
|---|---|---|---|
| Kia Training Center | Marlborough | 1 |
Stellantis |
Location | Employees | |
|---|---|---|---|
| Boston Parts Distribution Center | Mansfield | 49 |
©2020 Alliance for Automotive Innovation
©2020 Alliance for Automotive Innovation