Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
- Activity at Ports
- Fueling
- Consumers
- Automaker Facilities
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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
$9.14B
Total Labor Income Annually
$24.54B
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
$634.49M
total state tax revenue
1.74%
% of state tax revenue
$803.13M
new vehicle sales taxes
$929.75M
used vehicle sales taxes
$170.78M
sales tax on auto parts and services
$1.22B
vehicle use taxes (including gas taxes), licenses and fees
$26.72M
corporate profits tax
$257.01M
federal income taxes
Registrations
5.45M
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
- 443.34M 443.34 Million Total Exports
- 7.88B 7.88 Billion Total Imports
Economic Activity from 2022
- 8.38M 8.38 Million Total Exports
- 747.94M 747.94 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 |