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Useful Statistics for businesses looking for office space in Framingham
  Framingham MA State
2016 Estimated Population 70,743 6,742,143
Median Age 38.1 39.4
Housing Units 28,605 2,836,658
Occupied 27,688 2,558,889
Owned 14,993 1,588,743
Rented 12,695 970,146
Average Household Size 2.43 2.54
Rental Vacancy Rate 1.9% 4.1%
Homeowner Vacancy Rate 0.2% 1.1%
Median Home Value $360,400 $341,000
Median Monthly Rental Cost $1,231 $1,129
Estimated Mean Income $110,409 $116,766
Median Household Income $70,706 $70,954
Percent of Individuals below poverty level 11.2% 11.4%
Educational Attainment: Percent high school graduate or higher 89.3% 90.1%
Educational Attainment: Percent high school graduate 22.9% 25.1%
Educational Attainment: Percent with some College 13.4% 16%
Educational Attainment: Percent bachelor degree or higher 48.2% 41.2%
Average Commute time in minutes 28.8 29
Commute 38,824 3,399,796
Commute by car, truck or other vehicle - Drive Alone 29,283 2,418,342
Commute by car, truck or other vehicle - Carpool 4,274 255,853
Use Public Transportation 1,486 338,273
Work from Home 1,581 158,396
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