Self-Employed Tax Calculator for Worcester, MA
Updated 2026 · Local data pre-filled
Self-employed workers in Worcester pay 15.3% self-employment tax on 92.35% of net income, plus federal and Massachusetts state income tax. At the median income of $71,400, that's roughly $10,088 in SE tax alone before income tax. Quarterly estimated payments are required to avoid penalties.
✓ Calculator below is pre-filled with Worcester local data
How Worcester Compares to the National Average
Understanding how Worcester stacks up helps you calibrate your financial planning.
| Metric | Worcester, MA | US Average | Difference |
|---|---|---|---|
| Median Home Price | $380,000 | $420,800 | -9.7% |
| Median Monthly Rent | $1,650 | $1,713 | -3.7% |
| Median Household Income | $71,400 | $74,580 | -4.3% |
| Property Tax Rate | 1.06% | 1.10% | -3.6% |
| Cost of Living Index | 116 | 100 | +16.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Worcester Financial Snapshot
- Population (Metro)
- 1,000,000
- Unemployment
- 3.6%
- Avg Commute
- 27 min
- Median Age
- 37
- Price-to-Rent Ratio
- 19.2x
- Annual Property Tax
- $4,028
Self-Employed Tax Calculator in Other Massachusetts Cities
Frequently Asked Questions — Worcester
What is the median home price in Worcester, MA?
The median home price in Worcester is $380,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Worcester?
Median monthly rent in Worcester is $1,650. That works out to $19,800/year, or 28% of the median household income — within the commonly recommended 30% of income guideline.
Is Worcester affordable?
Worcester's cost of living index is 116 vs. the national average of 100. With a median household income of $71,400/year and a median home price of $380,000, the price-to-income ratio is 5.3x. Worcester falls in the middle of the affordability spectrum for US cities.
What is the property tax rate in Worcester?
The effective property tax rate in Worcester is 1.06% of assessed value. On the median home of $380,000, that's roughly $4,028/year ($336/month).