On February 6, 2020, Massachusetts will celebrate 232 years as the 6th state admitted to the union. To celebrate, we used Data-Z to find fun facts about Massachusetts and to learn more about the Bay State.
Massachusetts is ranked 47th in our 2019 Financial State of the States report. The state needs $82 billion to pay its bills, but the state earned 84/100 points on our Financial Transparency Report.
Massachusetts has a Taxpayer Burden of $31,200, which means each taxpayer would have to pay an extra $31,200 to fully pay Massachusetts' bills.
Massachusetts has an unemployment rate of 3.4 percent, which is lower than the 50 state average of 3.79
In 2017, the bay state spent $202 million on parks and recreation. This is divided between the 145 state parks.
The state also spent $3.1 billion on its 606 miles of highways that same year.
In Massachusetts, the median value for a home is $396,750, which makes it the 3rd most expensive state to buy a home behind Hawaii and California.
Massachusetts spent $922 million on police protection expenditures in 2017.
In 2018, the poverty rate in MA was 28 percent lower than the national average.
Massachusetts has the largest percentages of both 25+ with a bachelor's degree at 44. 5 percent and 25+ years old with an advanced degree at 21 percent. Boston has been called "the world's capital of learning," with 48 colleges in the Boston metropolitan area and another 56 in the state of Massachusetts.
You can learn more about Massachusetts and make your own charts using Data-Z. And we at Truth in Accounting wish Massachusetts a very happy 232nd birthday!