City of Methuen Master Plan
City of Methuen Master Plan
City of Methuen Master Plan
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Economic Development<br />
MAJOR EMPLOYERS<br />
<strong>Methuen</strong>’s largest private employer in <strong>Methuen</strong> is Holy Family Hospital, with approximately 1,800<br />
employees (see Table 25). 10 The <strong>City</strong> <strong>of</strong> <strong>Methuen</strong>, including its school department, employs<br />
approximately 1,200 people. 11<br />
Table 25: Largest Private Employers<br />
Employer Name Establishment Type Estimated # Employees<br />
Holy Family Hospital & Med Ctr Hospitals 1,000 to 4,999<br />
3M Touch Systems<br />
Computer Supplies &<br />
Parts-Manufacturers<br />
250 to 499<br />
Aulson Co Ro<strong>of</strong>ing Contractors 250 to 499<br />
Parlex Corp<br />
Printed & Etched Circuits-<br />
350<br />
Mfrs<br />
Shaws Perishable Distribution Wholesale 250 to 499<br />
General Mills, Inc./Yoplait-Colombo Food Manufacturer 200 +<br />
Bugaboo Creek Steak House Restaurants 100 to 249<br />
Collins Building Svc Laundries-Self Service 100 to 249<br />
DeMoulas Supermarket Grocers-Retail 100 to 249<br />
Genesys S<strong>of</strong>tware Systems Inc Computer S<strong>of</strong>tware 100 to 249<br />
Home Depot Home Centers 100 to 249<br />
Mariner Healthcare Group Inc<br />
Nursing & Convalescent<br />
100 to 249<br />
Homes<br />
Market Basket Grocers-Retail 100 to 249<br />
Nevins Nursing & Rehab Ctr<br />
Nursing & Convalescent<br />
100 to 249<br />
Homes<br />
St Ann's Home Non-Pr<strong>of</strong>it Organizations 100 to 249<br />
Valley Medical Assoc Physicians & Surgeons 100 to 249<br />
Source: Reference USA<br />
TAX BASE AND TAX RATE<br />
The 2006 total assessed valuation in <strong>Methuen</strong> was approximately $4.87 billion. Table 26 summarizes the<br />
existing distribution <strong>of</strong> assessed property valuation among taxable classifications. Based on property<br />
assessment data provided by the Massachusetts Department <strong>of</strong> Revenue, Division <strong>of</strong> Local Services,<br />
<strong>Methuen</strong>’s tax base is heavily reliant upon its residential properties with 88% <strong>of</strong> its total value attributed<br />
to residential properties. As shown, commercial, industrial, and personal property valuations contribute<br />
12% to the total valuation.<br />
Table 26: Assessed Value by Class: 2006<br />
Classification Assessed Value % <strong>of</strong> Total<br />
Residential $4,267,426,852 88%<br />
Open Space $0 0%<br />
Commercial $353,520,884 7%<br />
Industrial $153,055,220 3%<br />
Personal Property $100,709,550 2%<br />
Total $4,874,712,506 100%<br />
Source: Mass. Department <strong>of</strong> Revenue, Division <strong>of</strong> Local<br />
Services<br />
10 Per phone discussion with Human Resource <strong>of</strong>fice.<br />
11 Estimate given by Human Resource department, roughly 400 employed with the <strong>City</strong>, and 800 with its School<br />
Department.<br />
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