Groundwork

Real estate · Metro area · Massachusetts

Property management companies in the Worcester, MA metro area

Competitor counts, household spending and official business counts for property management companies in the Worcester, MA metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 75 out of 100: High

Ranked #17 of 374 scored metro areas
#1 of 6 scored metro areas based in Massachusetts

Listings
76
4 chain locations (5%)
Official establishments
140
−1.4% since 2019
Household spending a year
$6.6B
On rent and homeowner costs · $19,573 a household
Housing spending per listing (U.S. = 100)
156
56% above the U.S.
Listings per 10k households
2.3
23% below the U.S.
Population, 2025
888,502
+3.7% since 2020

See the property management companies around any address in the Worcester metro area

The site report maps the property management companies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Worcester metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Worcester metro area scores 75 (high) on the Groundwork market score for property management companies, ranking #17 of 374 scored metro areas and #1 of 6 scored metro areas based in Massachusetts. That puts it in the top 10% of metro areas for property management companies.

As of September 2026, map listings count 76 property management companies in the Worcester metro area. Chain locations make up 5% of them, against 4% across the U.S. That comes to 2.3 for every 10,000 households, 23% below the U.S. rate of 3.0.

At $19,573 per household (17% above the U.S. average), households in the Worcester metro area spend about $6.6B a year on rent and homeowner costs. Housing spending per company is 56% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

In 2023, official counts showed 140 businesses with payroll in the Worcester metro area classed as residential and commercial property managers, down 1.4% from 2019. That is one for every 2,399 households, against one for every 1,638 across the U.S. Since fiscal 2022, 4 SBA-backed loans worth $1.2M have gone to businesses classed as residential and commercial property managers in the Worcester metro area. Between 2020 and 2025, the population of the Worcester metro area grew 3.7%, faster than the U.S. (+3.1%).

How the Worcester metro area compares

The same measures for Massachusetts and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Worcester, MA metro area compared with Massachusetts and the U.S.
MeasureWorcester metro areaMassachusettsU.S.
Listings per 10k households2.33.13.0
Housing spending per listing (U.S. = 100)156118100
Households per official establishment2,3991,3401,638
Official establishment growth, 2019–2023−1.4%+20.2%+11.4%
Population growth, 2020–2025+3.7%+2.4%+3.1%
Spending per household on rent and homeowner costs$19,573$20,433$16,661
Median household income$95,939$103,960$80,734
Groundwork market score7559

Official counts and lending

Businesses

Official establishments, 2019 to 2023
140−1.4% over the period
Employees, 2023
760
Annual payroll, 2023
$51.6M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
764 chain locations
Listings at the U.S. rate for this spending
118The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
4
Amount
$1.2M

SBA-backed loans to businesses classed as residential and commercial property managers in the Worcester metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Worcester metro area

Population, 2025 estimate
888,502+3.7% since 2020
Households
335,826
Median age
41.3
Homes lived in by their owners
66%
Vehicles per household
1.8
Land area
1,511 sq. mi.
People per square mile
574
Median household income
$95,939
Average household income
$124,653
Median home value
$423,700
Jobs located here
355,505
Daytime population
797,239Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Worcester metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the property management companies on map listings by name and distance.

Or open the report at the center of the Worcester metro area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Property management across Massachusetts

Every Massachusetts market ranked →

The highest-scoring metro areas in Massachusetts for property management companies, numbered among those based in Massachusetts (a market based in another state is listed without a number), with the Worcester metro area marked.

Top metro areas in Massachusetts

Metro areas in Massachusetts ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Worcester, MA75762.3156+3.7%#17 of 374
2Amherst Town-Northampton, MA72172.7124+10.4%#25 of 374
Providence-Warwick, RI-MA641592.4143+2.1%#70 of 374
3Pittsfield, MA53132.3143−1.2%#157 of 374
4Springfield, MA52512.8113+0.2%#166 of 374
5Boston-Cambridge-Newton, MA-NH526783.5110+2.3%#167 of 374
6Barnstable Town, MA49383.699+2.4%#199 of 374

Other business types in the Worcester metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in the Worcester, MA metro area?

The Worcester metro area has 76 property management companies on map listings as of September 2026. 4 of them (5%) are chain locations. The listings count property management companies. Official counts show 140 businesses with payroll classed as residential and commercial property managers in 2023, down 1.4% from 2019.

How much do households in the Worcester, MA metro area spend on rent and homeowner costs?

About $6.6B a year, or $19,573 per household. That is 17% above the U.S. average (an index of 117, where 100 is the U.S. average). For the 76 property management companies on map listings, housing spending per company is 56% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 335,826 households in the Worcester metro area and national spending patterns by income.

How does the Worcester, MA metro area compare with the U.S. for property management companies?

The Worcester metro area has 2.3 property management companies per 10,000 households, 23% below the U.S. rate of 3.0. The index of housing spending per company is 156, where 100 is the U.S. At the national ratio of property management companies to household spending, the Worcester metro area would have about 118, against 76 on map listings. There is one business with payroll in the industry for every 2,399 households, against one for every 1,638 across the U.S. The official count fell 1.4% from 2019 to 2023, against +11.4% for the U.S.

How fast is the Worcester, MA metro area growing?

Population estimates put the Worcester metro area at 888,502 people in 2025, up 3.7% since 2020, faster than the U.S. (+3.1%). It has 335,826 households. The median household income in the Worcester metro area is $95,939 a year, 19% above the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Worcester metro area scores 75 for property management companies (high), #17 of 374 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Worcester metro area. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for property management companies · All 56 business types in the Worcester metro area

Screening a site or an acquisition in the Worcester metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Worcester metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.