Living in Framingham, Massachusetts
Cost of living, income, home prices, rent and demographics of Framingham · Census data 2020–2024
Framingham has 72,399 residents with a median age of 37.5. The median household income is $107,419 (3% higher than the Massachusetts median), the median home value is $627,300, the median rent is $2,033/month.
Framingham at a glance
- Population
- 72,399
- Median age
- 37.5State: 40
- Median household income
- $107,419State: $103,960
- Median home value
- $627,300State: $562,100
- Median rent
- $2,033/moState: $1,762
- Homeowners
- 54.8%
- Bachelor's degree or higher
- 48.7%
- Average commute
- 30 min
Is Framingham a good place to live?
Pros: Median household income 3% higher than the Massachusetts median; unemployment of 4.8%.
Cons: Home values 12% higher than the state median; an average commute of 30 minutes; a poverty rate of 10.4%.
The weather is best in June to September.
Cost of living in Framingham
Housing is the biggest part of the cost of living. In Framingham the median home value is $627,300, 89% higher than the U.S. median. Renters pay a median of $2,033 per month, which is 31.6% of household income. Homeowners with a mortgage pay $2,928 a month in housing costs.
Framingham median household income
The median household income in Framingham is $107,419 and the income per person is $53,991. 10.4% of residents live below the poverty line (Massachusetts: 10%).
Housing in Framingham: homes for sale and rent
- Housing units
- 27,918
- Owner-occupied
- 54.8%
- Renter-occupied
- 45.2%
- Vacant
- 4%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.58
Framingham demographics
- Population
- 72,399
- Median age
- 37.5
- Under 18
- 21.7%
- 65 and older
- 15.1%
- Households
- 26,803
- Foreign-born
- 33.1%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Framingham ›
Education in Framingham
48.7% of adults 25 and older in Framingham have a bachelor's degree or higher (Massachusetts: 47.3%), and 20.2% have a graduate or professional degree.
Jobs and commute in Framingham
- Unemployment rate
- 4.8%State: 5.2%
- Average commute
- 30 minState: 29 min
- Work from home
- 19.6%
- Drive alone
- 60.5%
- Public transit
- 2.4%
- Walk to work
- 2.8%
- Homes with broadband
- 95.6%
Framingham vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Framingham | 72,399 | $107,419 | $627,300 | $2,033 |
| Ashland | 18,873 | $127,539 | $611,700 | $2,452 |
| Cochituate | 6,471 | $192,361 | $906,300 | $1,582 |
| Natick | 36,873 | $138,538 | $821,000 | $2,134 |
| Southborough | 10,493 | $196,808 | $821,100 | $2,496 |
| Cordaville | 2,989 | $165,375 | $765,900 | $1,844 |
| Sudbury | 19,306 | $236,250 | $988,900 | $1,445 |
| Wayland | 13,914 | $224,000 | $978,400 | $1,475 |
| Sherborn | 4,427 | $250,001 | $1,026,800 | $2,338 |
More for people moving to Framingham
Framingham ZIP code ›Weather and climate ›Living in Framingham: FAQ
What is the median household income in Framingham, MA?
The median household income in Framingham is $107,419, 3% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Framingham?
The median home value in Framingham is $627,300, compared with $562,100 in Massachusetts.
How much is rent in Framingham?
The median gross rent in Framingham is $2,033 per month, about 31.6% of household income.
Is Framingham, MA a good place to live?
Pluses: median household income 3% higher than the Massachusetts median; unemployment of 4.8%. Minuses: home values 12% higher than the state median; an average commute of 30 minutes; a poverty rate of 10.4%.
What is the median age in Framingham?
The median age in Framingham is 37.5 years (Massachusetts: 40).
How long is the commute in Framingham?
The average commute to work in Framingham is 30 minutes; 19.6% of workers work from home.
What is the unemployment rate in Framingham?
The unemployment rate in Framingham is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Framingham?
48.7% of adults in Framingham have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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