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Devens: Economy & Jobs

Devens reports a median household income of $189,250 (2.0× higher than Worcester County median $95,939; 1.8× higher than Massachusetts median $103,960), with homes at a median value of $556,800. The surrounding county supports 926,104 jobs (avg $113,704).

Income & Affordability

Median household income $189,250 — above the Massachusetts median ($97,344). Poverty rate 25.3% (U.S. average ~12.5%).

Affordability · Price To Income Ratio2.9×
Affordability · Rent To Income Pct9.5%
Affordability · AffordableYes
Affordability · Interpretationvery affordable
Irs Income · IRS tax returns filed$825,030
Irs Income · Total Adjusted Gross Income (thousands)$125,597,401
Irs Income · Average AGI per return$152,234 (vs Massachusetts $122,612)
Irs Income · Year2022
Income Estimate$128,907
Median Household Income$189,250 (vs Massachusetts $97,344)
Poverty Rate25.3%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelaffluent
Economic Character · Median Income$189,250

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.2% — below the U.S. average of ~4%. 28% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct28.5%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)926,104
Employment · Total annual wages (county)$105,301,558,486
Employment · Average annual pay$113,704
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,643,450
Unemployment Rate1.2% (vs Massachusetts 3.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms92
Agriculture · Land In Farms Acres3,407
Agriculture · Avg Farm Size Acres37.00
Agriculture · Top CommoditiesCrop Totals, Horticulture Totals, Floriculture Totals, Bedding Plant Totals, Vegetable Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)44,541
Business Patterns · Total Employees935,121
Business Patterns · Annual Payroll Thousands93,253,866
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores291
Local Businesses · Convenience Stores365
Local Businesses · Liquor Stores298
Local Businesses · Gas Stations257
Local Businesses · Department Stores11
Local Businesses · General Merchandise73
Local Businesses · Clothing Stores140
Local Businesses · Pet Stores46

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants1,381
Dining Scene · Fast Food1,238
Dining Scene · Bars81
Dining Scene · Coffee Snacks560

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (10)

Middlesex Savings Bank
ROUTE 9 FRAMINGHAM BRANCH · 598 Worcester Rd · 01702
Eastern Bank
FELLSWAY PLAZA BRANCH · 503 Riverside Avenue · 02155
Watertown Savings Bank
LEXINGTON BRANCH · 1075 Waltham St · 02421
Rockland Trust Company
WAKEFIELD BRANCH · 381 Main St · 01880
Santander Bank, N.A.
MIDDLESEX NORTH BRANCH · 182a Cambridge St · 01803
Reading Co-operative Bank
BURLINGTON OFFICE BRANCH · 10 Wall St · 01803
NorthEast Community Bank
FRAMINGHAM BRANCH OFFICE BRANCH · 35 Edgell Rd · 01701
TD Bank, National Association
ACTON BRANCH · 408 Massachusetts Ave · 01720
Avidia Bank
AVIDIA FINANCIAL CENTER · 17 Pope St · 01749
UniBank for Savings
HOPKINTON BRANCH · 87 W Main St · 01748

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (1)

Rapid Refill 125
Convenience Store · 4 Andrews Pkwy
Nearest Snap · NameRapid Refill 125
Nearest Snap · Total In Area1

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameMIDDLESEX WEST CHAMBER OF COMMERCE INC

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$24,099,134,977
Federal Spending · Per Capita14,766.61 (vs Massachusetts $12,525)
Federal Spending · Population1,632,002 people (vs Massachusetts 59,354)

Sources: USAspending API

Other

Pct Drove Alone39.4%
Pct Public Transit5.9%
Pct Walked28.5%
Retirement Score · Median age48.6 years (vs Massachusetts 38.6y)
Retirement Score · Ss Household Pct27.2%
Retirement Score · Hospitals Nearby10
Retirement Score · Va AccessYes
Retirement Score · AffordableYes
Retirement Score · Factorsolder population, hospital access, VA nearby, affordable
Retirement Score · Ratingexcellent

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12