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Framingham, Massachusetts Mortgage and Housing Information
Population: 66,910
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Value of Houses and Condos
| U.S. | Massachusetts | Framingham | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $370,400 | $385,000 |
Monthly Owner Costs
| U.S. | Massachusetts | Framingham | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,925 | $1,949 |
| Without a mortgage | $399 | $616 | $717 |
Ownership of Houses and Condos
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 3,603 | 24.5% |
| First Mortgage Only | 8,047 | 54.6% |
| Second Mortgage and/or Home Equity Loan | 3,079 | 20.9% |
| Total | 14,729 | 100% |
Tenancy in Framingham
| Owner-occupied homes | 14,729 |
|---|---|
| Renter-occupied homes | 10,979 |
| Homes for sale | 0 |
| Homes for rent | 0 |
| Total | 25,708 |
Age of Framingham Residents
| Males | 35 |
|---|---|
| Females | 37 |
Income
| U.S. | Massachusetts | Framingham | |
|---|---|---|---|
| Median Earnings | $27,239 | $32,711 | $31,216 |
| Median Earnings, Males | $32,396 | $40,907 | $40,190 |
| Median Earnings, Females | $22,097 | $26,662 | $23,548 |
Males earn $16,642 (70.7%) more than Females in Framingham.
Commuting in Framingham
| Means of Transport | Number of People |
|---|---|
| Car, solo | 26,995 |
| Carpooled | 3,938 |
| Public Transit | 1,741 |
| Bicycle | 89 |
| Walking | 882 |
| Other Means | 102 |
| Total, Commuted | 33,747 |
| Worked from home | 1,170 |
| Total | 34,917 |
Time Spent Commuting in Framingham
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 811 |
| 5-9 | 2,889 |
| 10-14 | 5,280 |
| 15-19 | 4,951 |
| 20-24 | 3,642 |
| 25-29 | 1,571 |
| 30-34 | 4,918 |
| 35-39 | 1,333 |
| 40-44 | 1,696 |
| 45-59 | 4,006 |
| 60-89 | 2,170 |
| Over 90 | 480 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 2,813 | 12.4% | 3,465 | 15.3% |
| Associate Degree | 1,680 | 7.4% | 1,578 | 6.9% |
| Bachelor's Degree | 5,308 | 23.4% | 6,970 | 30.7% |
| Master's Degree | 2,760 | 12.2% | 2,738 | 12.1% |
| Professional Degree | 361 | 1.6% | 379 | 1.7% |
| Doctorate Degree | 312 | 1.4% | 413 | 1.8% |
| Total (at least some college) | 13,234 | 58.3% | 15,543 | 65.3% |
| Total over 25 | 22,714 | 100% | 23,816 | 100% |
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