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Economy in Framingham, Massachusetts

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyFramingham, MAUnited States
Unemployment Rate5.70%9.10%
Recent Job Growth-0.07%-0.12%
Future Job Growth34.16%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income per Cap.$33,857$27,067
Household Income$65,784$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K9.62%12.10%
Income between 15K and 25K8.05%10.18%
Income between 25K and 35K9.11%10.56%
Income between 35K and 50K12.29%14.98%
Income between 50K and 75K17.37%19.53%
Income between 75K and 100K14.03%12.52%
Income between 100K and 150K17.30%12.14%
Income between 150K and 250K6.35%3.91%
Income between 250K and 500K5.04%3.34%
Income greater than 500K0.85%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations18.13%13.81%
Professional and Related Occupations29.63%22.68%
Service17.08%14.51%
Sales and Office23.15%25.22%
Farming, Fishing, and Forestry0.12%0.68%
Construction, Extraction, and Maintenance5.65%9.37%
Production, Transportation, and Material Moving8.87%15.86%
Median Household Income

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