Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive Massachusetts Forward

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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 Exports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.
Gasoline 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