Worcester, MA (population: 174,854) has eight real estate schools within a 100-mile radius of its city center. Massachusetts Institute of Technology, the highest ranked school in this group with a real estate program, has a total student population of 10,384. It is the 12th highest ranked school in the USA and the 2nd highest in the state of Massachusetts (#1 is Harvard University).
Real Estate students from Worcester schools who go on to become real estate agents, real estate brokers, real estate managers, real estate analysts, etc. have a good chance at finding employment. For example, there are 151,550 people working as real estate sales agents alone in the US, and their average annual salary is $53,100. Also, Appraisers and assessors of real estate make on average $53,520 per year and there are about 64,770 of them employed in the US today. In fact, in the Worcester-CT area alone, there are 90 employed appraisers and assessors of real estate earning an average salary of $53,260. Real estate sales agents in this area earn $39,980/yr and there are ** employed.
Worcester lies in Worcester county, which is one of the 12 counties in Massachusetts. Overall, the Worcester-CT area has 239,370 total employed workers according to the US Bureau of Labor Statistics, with a 1.7% unemployment rate, $22.49/hr average worker wage, and a $46,790 average annual salary. Thus, about ** out of every 1000 jobs in Worcester are held by real estate sales agents, and 0.371/1000 are held by appraisers and assessors of real estate.
Of the 8 real estate schools with a 100-mile radius of Worcester, only 4 have a student population over 10k. After taking into account tuition, living expenses, and financial aid, Northeastern University comes out as the most expensive ($32,703/yr) for real estate students, with Community College of Rhode Island as the lowest, reported at only $3,892/yr.
|Name||State||Population||# of Schools||Avg School Rank||Total Programs||Distance from Worcester|
|North Attleborough||MA||43,307||0||-||0||32.2 miles|
|Chestnut Hill||MA||-||2||53.2355||134||32.9 miles|
|East Providence||RI||48,249||1||29.3002||11||39.9 miles|