Zip 01701 (Framingham, MA) Economy


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Framingham, MA (01701) is an attractive area to call home. Its location in Middlesex County means that residents have access to some of the best entertainment, dining and shopping options in the region. The median 2 Bedroom rent in Framingham is around $2,590 which is more than the US average of $1,430. Additionally, the grocery cost index for Framingham is 109 compared to 100 for the US. Given its moderate cost of living and close proximity to major cities like Boston and Worcester, this city offers the perfect combination of urban amenities with a suburban lifestyle.
The 01701 zip code contains many local businesses such as TD Garden, Harvard Square Shopping Center and Keefe Technical High School. It also has plenty of recreational facilities including Framingham Country Club and Framingham State University Park. Notable landmarks include Edmands House Museum and Cochituate State Park Trail System - both great places to explore on a day off or on a weekend trip! With several job opportunities available, beautiful scenery and plenty of shopping and dining options nearby - 01701 Framingham is an ideal place to live.

Framingham (zip 01701) has an unemployment rate of 5.2%. The US average is 6.0%.

Framingham (zip 01701) has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Framingham (zip 01701)
- The Sales Tax Rate for Framingham (zip 01701) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Framingham (zip 01701) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Framingham (zip 01701)
- The average income of a Framingham (zip 01701) resident is $59,216 a year. The US average is $37,638 a year.
- The Median household income of a Framingham (zip 01701) resident is $120,811 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFramingham, MassachusettsUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Framingham
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Over 18 years ago

extremely overpopulated. roads and highways overcrowded. influx of brazilian immigrants in schools. majority need to learn english which includes school expense.will  More

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