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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

Industry Impact

109.5K
109.5 Thousand total auto jobs in Massachusetts
2.30%
2.30% depend on the auto industry for jobs
$9.1B
Total Labor Income Annually
$24.5B
Total Car Sales in 2022
274.2K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.

Tax Revenue

$634.5M
total state tax revenue
1.74%
% of state tax revenue
$803.1M
new vehicle sales taxes
$929.7M
used vehicle sales taxes
$170.8M
sales tax on auto parts and services
$1.2B
vehicle use taxes (including gas taxes), licenses and fees
$26.7M
corporate profits tax
$257M
state income taxes

Registrations

5.4M
Registered

By Body Style

  • Cars 1,972,647 (36.21%)
  • UVs 2,371,754 (43.54%)
  • Pickups 709,446 (13.02%)
  • Vans/Minivans 302,027 (5.54%)

By Powertrain

  • ICE / Hybrid 5,376,296 (98.69%)
  • Electric 43,226 (0.79%)
  • Plug-In Hybrid 27,911 (0.51%)
  • Fuel Cell 4 (0%)
The Massachusetts average age of vehicles is 10.4 years; The national average is 12.2.

Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.

New Purchases

274.2K
Vehicles Sold

By Body Style

  • Cars 50,944 (18.58%)
  • UVs 174,293 (63.55%)
  • Pickups 38,600 (14.08%)
  • Vans/Minivans 10,406 (3.79%)

By Powertrain

  • ICE / Hybrid 251,976 (91.88%)
  • Electric 15,223 (5.55%)
  • Plug-In Hybrid 7,043 (2.57%)
  • Fuel Cell 1 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 443.3M 443.3 Million Total Exports
  • 7.9B 7.9 Billion Total Imports

Economic Activity from 2022

  • 8.4M 8.4 Million Total Exports
  • 747.9M 747.9 Million Total Imports

Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.

Fueling

  • Gasoline Stations 2,523
  • EV Level 2 Charging Ports 4593
  • EV Level 2 Charging Stations 2121
  • EV DC Fast Charging Ports 180
  • EV DC Fast Charging Stations 97

Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.

Consumers
$89.6K
Median Household Income
63.20%
Owner Occupied Housing
36.80%
Rental Occupied Housing
93.30%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (59.48%)
  • Carpool to Work (6.29%)
  • Take Public Transportation (4.50%)
  • Work From Home (23.71%)
  • Other (6.01%)

Housing Type

  • Single Family Home (51.60%)
  • 1-Unit (6.10%)
  • 2-4 Units (19.90%)
  • 5-9 Units (5.70%)
  • 10-19 Units (4%)
  • 20+ Units (12%)
  • Mobile / RV / Boat (0.70%)

Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.

Automaker's Facilities

Ford Motor Company Location Employees
Boston Regional Office Southborough, MA 16
General Motors Location Employees
GM Financial -- Boston Branch Office Southborough, MA 52
Honda Location Employees
American Honda Finance Corp. Office Holyoke, MA
Kia Location Employees
Kia Training Center Marlborough, MA 1
Magna Location Employees
Magna Operations MA 170
Stellantis Location Employees
Boston Parts Distribution Center Mansfield, MA 60