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Worcester, MA Insightsas of Oct 2026
Population size
210 K People
Population growth
1.0%
Median age
34.1 years
Age distribution - Under 15 years
16.43 %
Age distribution - 65 and over
14.5 %
Household size
2.42 People
Household composition - Families
57.4 %
Household composition - Non-family
42.6 %
Education level
91.73 %
Education level
32.0 %
Median household income
70,102 USD
Employment rate
65.2 %
Unemployment rate
4.9 %
Job growth
2.5 %
Dominant industries
Health Care & Social Assistance sector
Dominant industries
Educational Services sector
Dominant industries
Retail Trade sector
Cost of living index
111.5 index
Retail sales per capita
11,911 USD
Disposable income per capita
37,221 USD
Spending behavior by category - Apparel
1,200 USD
Spending behavior by category - Dining
2,500 USD
Spending behavior by category - Electronics
800 USD
Existing retail mix
Mixed-use shopping centers type
Number of competitors
500 stores
Market saturation
Low level
Presence of anchor tenants
Yes presence
Foot traffic from nearby businesses
High level
Rent costs
20 USD per sq ft
Property values
165 USD per sq ft
Zoning laws
BL-1 Commercial zone
Business permits
Available status
Availability of retail space
316,544 sq ft
Proximity to major roads
Excellent rating
Public transportation access
Good rating
Parking availability
Ample level
Pedestrian traffic
Moderate level
Vehicle traffic
High level
Public transport accessibility
High level
Commute times
19.87 minutes
Work patterns
Drive alone mode
Shopping preferences
In-store and online mix preference
Brand affinity
Value brands affinity
Consumer loyalty
Moderate level
Entertainment and leisure trends
Cultural events trends
Crime statistics
Moderate level
Shoplifting rates
530 incidents
Public safety measures
Enhanced measures
Tourist spending
1,300,000,000 USD
Tourist footfall
500,000 visitors
Major local events
Worcester Food & Wine Festival event
Seasonal attractions
EcoTarium attraction
E-commerce penetration
15 %
Click-and-collect adoption
Growing trend
Local preference for in-store shopping
60 %
Total retail space
5,000,000 sq ft
Retail space per capita
23.7 sq ft
Projected growth in retail space
2 %
Retail leakage rate
10 %
Sustainable retail demand
High demand
Major upcoming retail projects
CitySquare project
Grocery market share distribution - Top 1
Stop & Shop retailer
Grocery market share distribution - Top 2
Hannaford retailer
Grocery market share distribution - Top 3
Market Basket retailer
Consumer spending patterns
Value-oriented patterns
Grocery expenditure trends
Increasing trends
Luxury retail performance
Moderate performance
Top mall shopping preferences
Solomon Pond Mall mall
Shopping trips to other cities - % of residents
20 %
Key drivers for mall visits
Convenience driver
Preferred brand categories - Value fashion
TJ Maxx category
Preferred brand categories - Luxury fashion
Limited category
Number of existing malls
3 malls
Total retail footfall - annual visits across malls
5,000,000 visits
Retail market gaps
Supermarkets gap
Trade area population
860,000 people
Retail potential in catchment area
High potential
Projected retail growth rate
2.5 %
Preferred mall layouts
Open-air layout
Public transport access
Good access
Walkability score
56 score
Road infrastructure & car access
Excellent access
Parking capacity in comparable malls
4,300 spaces
Surrounding land use & future developments
Mixed-use use
Retail Destinations in Worcester, MA
Browse 1 retail destination in Worcester, MA, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Worcester, MA at a Glance
- Total Properties1
- CountryUnited States
