Centrally located at the intersection of Rt. 128 and 93, Woburn serves as a hub of innovation. With a strategic location, a skilled workforce, and a professional permitting staff, the city is an ideal destination for those seeking to establish their presence in the Greater Boston area. Woburn is business-friendly with a thriving life sciences sector, state of the art office parks, and a diverse mix of small businesses, which makes it an attractive place to work and live. The City is committed to promoting a high quality of life for its residents and businesses through various initiatives, programs, and amenities. With its strong economy, diverse business landscape, and focus on quality of life, Woburn is a great place to work and live.
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POPULATION
40,297
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MEDIAN AGE
39.7
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MEDIAN HOUSEHOLD INCOME
$92,084
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MEDIAN PROPERTY VALUE
$486,600
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WORKING EMPLOYEES
22,559
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BOND RATING
AAA
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BIOREADY COMMUNITY LEVEL
PLATINUM
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NUMBER OF BUSINESSES
3,791
The Commercial, Industrial, and Personal Property (CIP) tax rate for fiscal year 2023 is $21.14
Woburn has zoning laws and regulations that determine which types of businesses are allowed in which areas. It is always best to consult with City Hall staff to determine whether your business is allowed and what specific steps you need to take to comply with any regulations.
Economic Development staff can provide guidance on various aspects of starting a business, such as licensing and permits, financing, and marketing. Reach out to them for assistance in understanding the specific steps required to open your business in Woburn.
Each business is unique and requires different permits. It is best to contact Economic Development Staff early so they can coordinate with the Inspectional Services Department to determine exactly which permits your business will need.
Depending on the type of establishment and proposed location, you may need a Special Permit from the City Council.
If you plan on doing any construction in your space, you will need permits from the Inspectional Service Department.
Businesses that serve food will require permits from the Health Department.
If you would plan to serve alcohol at your business, you will need permits from the License Commission.
Businesses may also need to apply for a Business Certificate from the City Clerk’s Office
Yes! There are a range of available properties in all parts of Woburn. Economic Development Staff is aware of available properties in the City and can help connect you with land lords and brokers.
Woburn offers a variety of programs and incentives to companies doing business here. We’d love to help you take advantage of any of the opportunities listed below. Reach out to the Economic Development Office for more information about any of these programs.
The Woburn Chamber of Commerce
The Small Business Administration
Massachusetts Growth Capital Corporation (MGCC)
The Woburn Redevelopment Authority (WRA) offers matching grants for signs and loans for façade improvements within the Woburn Center area. The matching grants will fund up to $2,000 for signs and up to $15,000 for façade improvements. Economic Development Staff works closely with the WRA to administer the Storefront Improvement Program and can help you apply or answer more questions about the program.