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Economy, jobs and prices in Framingham, Massachusetts: official figures

The median household income in Framingham was $107,419 a year in the 2020-2024 American Community Survey (in 2024 dollars), 182nd highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Massachusetts median $103,960.

Median household income
$107,419
2020-2024
Unemployment rate (ACS)
4.8%
2020-2024
Mean travel time to work
30.4 min
2020-2024
Median gross rent (monthly)
$2,033
2020-2024
Median home value (owner-occupied)
$627,300
2020-2024
Homes occupied by their owners
54.8%
2020-2024
Households with a broadband subscription
95.6%
2020-2024

What is the per capita income in Framingham?

Income per resident (per capita income) in Framingham averaged $53,991 a year in 2020-2024, 167th highest of 823 US cities of 50,000 or more (US: $44,673; Massachusetts: $57,897).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Framingham?

Framingham's Gini index of household income inequality was 0.462 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 296th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Framingham, Massachusetts?

4.8% of the civilian labor force in Framingham was unemployed on average over 2020-2024 (2,028 people), 329th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Massachusetts' 5.2%.

Source: U.S. Census Bureau · saved copy

What share of people in Framingham are working?

72.1% of Framingham's 58,168 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 80th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Framingham have jobs?

39,895 residents of Framingham held civilian jobs, 68.6% of those aged 16 and over (US: 59.7%), and 26 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Framingham?

The largest industry group for working residents of Framingham was education, health care and social assistance (23.6% of employed residents), followed by professional, scientific, management and administrative services (20.1%) and retail trade (11.2%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Framingham work in manufacturing?

Manufacturing employed 6.1% of working residents of Framingham, 171st lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 20.1% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Framingham, Massachusetts?

Commuters in Framingham took 30.4 minutes on average to get to work in 2020-2024, 133rd longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 14.1% travelled an hour or more and 19.5% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Framingham get to work?

19.6% of workers living in Framingham worked from home in 2020-2024, 213th highest of 823 US cities of 50,000 or more (US: 15.1%). 60.5% drove to work alone, 6.0% carpooled, 2.4% used public transport and 2.8% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Framingham, Massachusetts?

The median gross rent (rent plus utilities) in Framingham was $2,033 a month in 2020-2024, 152nd highest of 823 US cities of 50,000 or more (US: $1,413; Massachusetts: $1,762).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Framingham?

Owner-occupied homes in Framingham had a median value of $627,300 in 2020-2024 as estimated by their owners, 163rd highest of 823 US cities of 50,000 or more (US: $332,700; Massachusetts: $562,100).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Framingham?

The median home value in Framingham was 5.8 times the median household income, 230th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Framingham, Massachusetts own their home?

54.8% of the 26,803 occupied homes in Framingham were lived in by their owners in 2020-2024 and 12,123 were rented, 323rd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Massachusetts: 62.5%).

Source: U.S. Census Bureau · saved copy

What share of homes in Framingham have broadband?

95.6% of households in Framingham had a broadband internet subscription of some type in 2020-2024, 139th highest of 823 US cities of 50,000 or more (US: 91.0%; Massachusetts: 92.8%).

Source: U.S. Census Bureau · saved copy

How many households in Framingham have no internet?

2.8% of households in Framingham (750) had no internet access at home in 2020-2024, 175th lowest of 823 US cities of 50,000 or more (US: 6.5%); 10.7% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Framingham compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Framingham ranks 182 of 823, highest first.

RankCityMedian household income (2024 dollars)
179San Diego$108,077
180Chula Vista$108,032
181Norwalk$107,616
182Framingham$107,419
183Beaumont$107,118
184Palm Beach Gardens$106,947
185Hoffman Estates$106,806
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Framingham ranks 167 of 823, highest first.

RankCityPer capita income (2024 dollars)
164Gaithersburg$54,861
165Plainfield$54,333
166Shawnee$54,157
167Framingham$53,991
168Chandler$53,946
169Westminster$53,904
170Lakewood$53,749
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Framingham ranks 296 of 823, highest first.

RankCityGini index of household income inequality
293Corpus Christi0.463
294San Jose0.462
295Sunnyvale0.462
296Framingham0.462
297Encinitas0.462
298Thousand Oaks0.462
299Brockton0.462
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Framingham ranks 495 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
492Lexington4.9%
493Pico Rivera4.9%
494Longmont4.8%
495Framingham4.8%
496Santa Ana4.8%
497Urban Honolulu4.8%
498Grand Junction4.8%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Framingham ranks 80 of 823, highest first.

RankCityLabor force participation rate (16 and over)
77Medford72.2%
78Gilbert72.2%
79Aurora72.1%
80Framingham72.1%
81Manchester72.1%
82Plainfield72.1%
83Holly Springs72.0%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Framingham ranks 133 of 823, highest first.

RankCityMean travel time to work (minutes)
130La Habra30.5
131Kent30.4
132Thornton30.4
133Framingham30.4
134Missouri City30.4
135San Francisco30.4
136Highland30.4
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Framingham ranks 213 of 823, highest first.

RankCityWorkers who worked from home
210Bonita Springs19.7%
211Sacramento19.7%
212Buckeye19.6%
213Framingham19.6%
214Loveland19.5%
215Novato19.5%
216Mableton19.5%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Framingham ranks 217 of 823, highest first.

RankCityWorkers commuting by public transportation
214Santa Clara2.5%
215Murray2.5%
216Fort Lauderdale2.4%
217Framingham2.4%
218Baldwin Park2.4%
219Roanoke2.4%
220San Jose2.4%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Framingham ranks 653 of 823, highest first.

RankCityEmployed residents working in manufacturing
650Walnut Creek6.1%
651Edmond6.1%
652Killeen6.1%
653Framingham6.1%
654Rapid City6.0%
655Richmond6.0%
656Daly City6.0%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Framingham ranks 353 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
350Broken Arrow23.6%
351Rocklin23.6%
352Oak Lawn23.6%
353Framingham23.6%
354Kyle23.6%
355Oshkosh23.6%
356Bradenton23.6%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Framingham ranks 152 of 823, highest first.

RankCityMedian gross rent per month
149Escondido$2,046
150Boynton Beach$2,041
151Surprise$2,033
152Framingham$2,033
153Oxnard$2,032
154Seattle$2,030
155Ontario$2,030
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Framingham ranks 163 of 823, highest first.

RankCityMedian value of owner-occupied homes
160Antioch$629,700
161Johns Creek$629,400
162Bellingham$627,500
163Framingham$627,300
164Millcreek$627,200
165Stamford$624,400
166Fairfield$624,300
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Framingham ranks 227 of 820, highest first.

RankCityMedian home value as a multiple of median household income
224Brentwood5.9x
225Galveston5.9x
226Fort Lauderdale5.9x
227Framingham5.8x
228Medford5.8x
229Apple Valley5.8x
230Coral Springs5.8x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Framingham ranks 501 of 823, highest first.

RankCityOccupied homes lived in by their owners
498Rockford54.9%
499Redding54.8%
500Normal54.8%
501Framingham54.8%
502Longview54.7%
503Madera54.7%
504Richmond54.7%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Framingham ranks 139 of 823, highest first.

RankCityHouseholds with a broadband subscription
136Olathe95.7%
137South Fulton95.7%
138Wheaton95.7%
139Framingham95.6%
140Palatine95.6%
141Surprise95.6%
142Carrollton95.6%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Framingham ranks 649 of 823, highest first.

RankCityHouseholds with no internet access
646Madison2.8%
647Rockville2.8%
648Blaine2.8%
649Framingham2.8%
650Vacaville2.8%
651Rancho Cordova2.8%
652Arvada2.7%
Source: U.S. Census Bureau · saved copy

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Sources

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