Cost of Living in Framingham, MA
Population: 72,013 • 2026 Data
$98,179
Median Household Income
+27% vs national
$1,853
Median Monthly Rent
+37% vs national
$600,600
Median Home Value
+77% vs national
4.4%
Unemployment Rate
Housing in Framingham
The median home value in Framingham, MA is $600,600. Monthly rent for a typical unit averages $1,853, while total monthly housing costs (including utilities and insurance) average $2,014.
Rent-to-income ratio: 22.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Framingham, MA is $98,179. The unemployment rate stands at 4.4%, with a labor force of 40,699 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.