Economy in Framingham, Massachusetts
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Economy
| Unemployment Rate | 5.70% | 9.10% |
| Recent Job Growth | -0.07% | -0.12% |
| Future Job Growth | 34.16% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $33,857 | $27,067 |
| Household Income | $65,784 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.62% | 12.10% |
| Income between 15K and 25K | 8.05% | 10.18% |
| Income between 25K and 35K | 9.11% | 10.56% |
| Income between 35K and 50K | 12.29% | 14.98% |
| Income between 50K and 75K | 17.37% | 19.53% |
| Income between 75K and 100K | 14.03% | 12.52% |
| Income between 100K and 150K | 17.30% | 12.14% |
| Income between 150K and 250K | 6.35% | 3.91% |
| Income between 250K and 500K | 5.04% | 3.34% |
| Income greater than 500K | 0.85% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 18.13% | 13.81% |
| Professional and Related Occupations | 29.63% | 22.68% |
| Service | 17.08% | 14.51% |
| Sales and Office | 23.15% | 25.22% |
| Farming, Fishing, and Forestry | 0.12% | 0.68% |
| Construction, Extraction, and Maintenance | 5.65% | 9.37% |
| Production, Transportation, and Material Moving | 8.87% | 15.86% |
The unemployment rate in Framingham, MA, is 5.70%, with job growth of -0.07%. Future job growth over the next ten years is predicted to be 34.16%.
Framingham, MA Taxes
Framingham, MA,sales tax rate is 5.00%. Income tax is 5.30%.
Framingham, MA Income and Salaries
The income per capita is $33,857, which includes all adults and children. The median household income is $65,784.
Framingham Economy SperlingViews
Location: One of the reasons I moved here was for the ease of access to the city center of Boston, and also to get on the road in any direction... I still really appreciate that a... (read more)Commuting suburb.: Potential option for a dual career couple commuting between Boston and Worcester.OK but not great schools-ethnically diverse but with little crime.Not snooty but your... (read more)Framingham, MA: Framingham has a strong sense of community and bosts many services (trash pickup, town sidewalk ploughing, double filtered water and numerous parks. The health care in... (read more)Have an opinion about Framingham? Leave a commentTo See All SperlingViews for Framingham Click Here