Top Industries in Somerville
Somerville is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Somerville include:
Technology
The technology sector in Somerville is thriving, with numerous startups and established companies driving innovation. The city's proximity to Boston's tech ecosystem provides ample opportunities for tech professionals.
Range: $80-$150k
Growth rate: 15%
Some job openings:Formlabs is hiring: Software Engineer, Product Manager
Healthcare
Healthcare remains a vital industry in Somerville, with a strong network of hospitals and clinics. The demand for healthcare professionals continues to rise, driven by an aging population and advancements in medical technology.
Range: $60-$120k
Growth rate: 10%
Education
Education is a cornerstone of Somerville's economy, with numerous public and private institutions providing employment opportunities. The city's commitment to educational excellence supports a steady demand for educators and administrative staff.
Range: $50-$100k
Growth rate: 8%
Hospitality
The hospitality industry in Somerville is growing, fueled by the city's vibrant cultural scene and tourism. There is a consistent demand for skilled workers in hotels, restaurants, and event management.
Range: $30-$70k
Growth rate: 12%
Retail
Retail remains a significant sector in Somerville, with a mix of local boutiques and national chains. The retail landscape is evolving with the integration of e-commerce and in-store experiences.
Range: $25-$60k
Growth rate: 5%
Some job openings:Target is hiring: Sales Associate, Store Manager
Assembly Row is hiring: Retail Manager, Customer Service Representative
Employment Trends and Growth Rates
Somerville's employment trends in 2024 indicate a robust job market with a focus on technology and healthcare sectors.
The city's job growth rate is projected to outpace the national average, driven by innovation and strategic investments.
Income inequality remains a concern, with efforts underway to bridge the gap through education and workforce development programs.
Job turnover rates are relatively stable, with increased retention efforts in key industries such as tech and healthcare.
Job Market for Remote and Freelance Workers in Somerville
Remote work continues to be a significant trend in Somerville, with approximately 35% of the workforce engaged in remote roles.
The tech industry leads in offering remote positions, followed by marketing and design sectors.
Local companies like Formlabs and Ginkgo Bioworks are expanding their remote work offerings, reflecting a broader national trend.
Somerville's job boards and networking events increasingly cater to remote job seekers, providing resources and support.
Job Resources and Networking
Somerville offers a variety of job resources, including local job boards and career fairs tailored to the city's workforce.
Key resources include the Somerville Career Center and the annual Somerville Job Fair, which connect job seekers with employers.
Local platforms such as SomervilleJobs.com provide listings for city-specific opportunities.
Entrepreneurial hubs like Greentown Labs support tech startups and innovation, offering networking and growth opportunities.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings