HomeMassachusettsMiddlesex CountyFramingham city
Framingham city, Massachusetts: commercial real estate data.
Framingham city is a Census city of 72,399 people across 25.04 square miles of land, in Middlesex County. Median household income is $107,419, 54.8 percent of occupied homes are owned, and the SBA record carries 97 7(a) approvals to borrowers here worth $23.4 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Framingham
What Framingham is
- Census place typecity
- Land area25.04 sq mi
- Water area1.46 sq mi
- Population per square mile of land2,891
- County holding the largest share of its areaMiddlesex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Framingham
How many people live in Framingham
- Population72,399
- Median age37.5
- Population under 1815,692
- Share under 1821.7 percent
- Population 65 and over10,923
- Share 65 and over15.1 percent
- Households26,803
- Family households18,105
- Share of households that are families67.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Framingham
Income and work in Framingham
- Median household income$107,419
- Per capita income$53,991
- Civilian labor force41,923
- Employed39,895
- Unemployed2,028 plus or minus 414
- Unemployment rate4.8 percent plus or minus 1.0
- Adults 25 and over49,677
- Adults 25 and over with a high school diploma or higher87.1 percent
- Adults 25 and over with a bachelor degree or higher48.7 percent
- Adults 25 and over with a graduate degree20.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Framingham
Housing in Framingham
- Housing units27,918
- Occupied units26,803
- Vacant units1,115 plus or minus 364
- Vacancy rate4.0 percent plus or minus 1.3
- Owner occupied14,680
- Renter occupied12,123
- Ownership rate54.8 percent
- Median owner-occupied home value$627,300
- Median gross rent, monthly$2,033
- Annual rent as a share of median income22.7 percent
- Single family units15,903
- Share single family57.0 percent
- Units in buildings of two or more12,015
- Share in buildings of two or more43.0 percent
- Mobile homes0
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Framingham
How Framingham gets to work
- Workers 16 and over who commute31,428
- Commuting under 15 minutes6,141
- Share commuting under 15 minutes19.5 percent
- Commuting 30 minutes or more15,899
- Share commuting 30 minutes or more50.6 percent
- Drove alone60.5 percent
- Carpooled6.0 percent plus or minus 1.2
- Public transport2.4 percent plus or minus 0.7
- Walked2.8 percent plus or minus 0.6
- Worked from home19.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Framingham
SBA loans in Framingham (7(a))
- Approvals97
- Gross approval$23,422,900
- Average approval$241,473
- Median approval$88,000
- Ninetieth percentile approval$683,400
- Largest approval$2,486,000
- Jobs supported936
- Jobs per approval9.6
- Loans with a final outcome21
- Paid in full20
- Charged off1
- Charge-off rate over resolved loans4.8 percent
- Median term120 months
- Share on real estate terms of 20 years or more2.1 percent
- Share to franchises4.1 percent
- Distinct lenders27
- Distinct industries by NAICS55
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Framingham
SBA loans in Framingham (504)
- Approvals28
- Gross approval$18,083,000
- Average approval$645,821
- Median approval$472,000
- Largest approval$3,075,000
- Jobs supported185
- Loans with a final outcome3
- Charged off0
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Middlesex County, not Framingham
Middlesex County context, not Framingham figures
These are Middlesex County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Framingham measurements.
- Establishments in Middlesex County44,624
- Employment at those establishments, Middlesex County963,417
- Covered employment, Middlesex County926,104
- Average annual pay, Middlesex County$113,704
- Average weekly wage, Middlesex County$2,187
- Housing units permitted, Middlesex County3,495
- Of those, single family, Middlesex County889
- County product, 2024, Middlesex County$240,665,230,000
- County product change over the prior year, Middlesex County5.8 percent
- Average income of an arriving household, Middlesex County$129,274
Every figure in this section is published for Middlesex County as a whole and is not a measurement of Framingham. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Framingham questions, answered from the record.
How many people live in Framingham, Massachusetts?
72,399, in 26,803 households. Framingham city covers 25.04 square miles of land, which is 2,891 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Framingham in?
Middlesex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Framingham?
$107,419. The median owner-occupied home is valued at $627,300. Median gross rent is $2,033 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Framingham businesses?
97 7(a) approvals totalling $23.4 m, across 27 lenders, median approval $88,000, plus 28 504 approvals worth $18.1 m. These count approvals to borrowers whose address is in Framingham, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Framingham borrowers get paid back?
Of the 21 loans that have reached a final outcome, 20 were paid in full and 1 charged off, a charge off rate of 4.8 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Framingham figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Middlesex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Framingham.
Is zoning published for Framingham?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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