Economy & Jobs — New Bedford, Massachusetts
Income & Employment
| Median Household Income (Census) | $56,981 |
|---|
| Estimated 2026 | ~$63,800 |
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| Per Capita Income | $30,475 |
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| Poverty Rate | 20.6% |
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| Unemployment Rate | 8.3% |
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| In Labor Force | 49,178 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 26.1% |
| Retail | 13.6% |
| Manufacturing | 10.9% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 462 |
| Fast Food | 413 |
| Law Offices | 259 |
| Coffee Shops | 210 |
| Dental Offices | 207 |
| Physician Offices | 188 |
| Auto Repair | 186 |
| Child Day Care | 184 |
| Beauty Salons | 175 |
| Real Estate Offices | 167 |
| Gas Stations | 166 |
| Convenience Stores | 154 |
| Insurance Agencies | 145 |
| Liquor Stores | 119 |
| Grocery Stores | 92 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
