Boston’s colleges and universities have a major impact on the city and region’s economy. Not only are they major employers, but they also attract high-tech industries to the city and surrounding region, including computer hardware and software companies as well as biotechnology companies like Millennium Pharmaceuticals, Merck & Co., Millipore, Genzyme, and Biogen Idec.

Major companies headquartered within the city include the Liberty Mutual insurance company, Gillette (now owned by Procter & Gamble), and Teradyne, one of the world’s leading manufacturers of semiconductor and other electronic test equipment. New Balance has its headquarters in the city.

Quick Facts

Population: 581,616
Mean Travel Time to Work (in minutes): 28.8
Homeownership Rate: 32.3

Median Salaries (5 Years Experience)

1. Advertising Sales Agents: $61,190+ commission
2. Sales Managers (non-retail): $82,310+ commission
3. Financial Services Sales Agents: $105,110+ commission
4. Sales Reps. Technical & Scientific Products: $85,090+ commission
5. Sales Engineers: $84,740+ commission

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#7: San Francisco, CA