Massachusetts Demography
Massachusetts, located in the New England region of the United States, is home to a population of approximately 7,001,399 people. With an annual growth rate of 7.37%, the state continues to see an increase in its population. Out of the total population, around 5,671,133 individuals are over the age of 18.
Massachusetts Business Landscape
Massachusetts boasts a thriving business landscape, with a strong economy and a diverse range of industries. In 2023, the state's GDP reached $741,343 million, experiencing a growth rate of 9.3%. The corporate tax rate stands at 8%, providing a favorable environment for businesses to flourish. As of 2024, there are 296,368 registered businesses in Massachusetts, with a yearly change rate of 2.4%.
Ruby-on-Rails Development Services Globally and in Massachusetts
The global market size for Ruby-on-Rails Development services is valued at $1,664,694, with a growth rate of 2.6%. The United States holds a significant share of approximately 65% in this market, amounting to $1,082,051.
Ruby-on-Rails Development Services in the US
Ruby-on-Rails Development services play a crucial role in the US market, catering to the growing demand for web application development. With its robust framework and efficient development process, Ruby-on-Rails has become a popular choice for businesses across various industries.
Top Massachusetts Cities: Economic Insights
Several cities in Massachusetts contribute significantly to the state's economy. Here are some key insights into the economic landscape of the top cities:
| City | Population (2023) | Income per Capita |
|---|---|---|
| Nantucket | 10,224 | $47,331 |
| Norfolk | 677,296 | $44,692 |
| Barnstable | 215,449 | $36,142 |
| Plymouth | 497,386 | $35,220 |
| Essex | 750,808 | $35,167 |
| Berkshire | 130,545 | $29,294 |
| Franklin | 71,408 | $29,259 |
| Hampden | 465,144 | $25,817 |
Ruby-on-Rails Development Price in Massachusetts
When it comes to the pricing of Ruby-on-Rails Development services in Massachusetts, the following breakdown is observed:
- 35.1% of projects have a budget below $10,000
- 37.1% of projects have a budget between $10,000 and $50,000
- 19.3% of projects have a budget between $50,000 and $200,000
- 1.2% of projects have a budget between $200,000 and $1 million
- 0.2% of projects have a budget between $1 million and $10 million
- 0.2% of projects have a budget over $10 million
According to statistics from Qualified.One, the average project size for Ruby-on-Rails Development in Massachusetts is $55,783.