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![]() | We Buy Homes |
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Investors
Interested in purchasing investment houses in the 01702 zip code in Framingham, MA?
Detailed Demographic Statistics
The zip code 01702 is in Middlesex county, is in the state of Massachusetts. The total land area is 8.1 square miles and the water area is 0.8 square miles.
The zip 01702 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 40,233 in 2019 and 37,206 in 2010. This further breaks down to 19,660 males (48.9%) and 20,573 females (51.1%). The median age of residents is 35.3 years. The population density (people per square mile) is 4,972. This zip code has a combined total of 16,224 houses and condos. There are 9,957 rented appartments. 64% of residents rent versus the 64% of residents in the state who rent.
The average individual gross adjusted income is $52,896 and the average salary is $48,745. The estimated median household income of individuals is around $68,129. This zip code has a mean commute time to work of 32.3 minutes. The unemployment rate is 5.3%. 10.8% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 136.9. The educational breakdown is 86.5% have a high school education or higher, 38.1% have a bachelor's degree or higher, and 15.5% have some kind of profesional degree.
The average size of households is 2.4 people. Individuals who are single and have never been married are 39.1%, 45.1% are now married, 1.9% are separated, 4.2% are widowed, and 9.7% are divorced. The average yearly contribution amount given by people to charity was $2,501 versus the state average of $4,208. The percent of residents who gave to charity was 21.8%.
The estimated median value of houses and condos is $393,204. The median monthly owner costs of mortgage holders was $2,319, where as the costs for those who don't have a mortgage are $859. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $5,309. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 1.4% which amounted to an average tax amount of $5,386. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $5,158. Reported taxable interest for persons was $1,230, dividends $4,596, capital gains +$6,098, and itemized deductions $22,310. The average earned income tax credit is $2,056. The percent of individuals that use a tax preparer is 57.7%. The total average income taxes paid by individuals was $10,024. Businesses reported an average profit of $15,923.Local Restaurants
Legal Sea Foods
50 Worcester Rd # 60, Framingham, MA 01702
Bollywood Grill
50 Worcester Rd Ste 1, Framingham, MA 01702
Sofacafe
181 Concord St, Framingham, MA 01702
Franklin St Cafe
134 Franklin St, Framingham, MA 01702
J&M Diner
50 Worcester Rd, Framingham, MA 01702
Top Shelf Restaurant
250 Worcester Rd, Framingham, MA 01702
Merengue Restaurant
55 Frederick St, Framingham, MA 01702
Sabor De Minas Restaurant
240 Howard St, Framingham, MA 01702
La Cabana
16 Irving St, Framingham, MA 01702
Lacantina Restaurant
911 Waverley St, Framingham, MA 01702
El Mariachi Restaurant
358 Waverley St, Framingham, MA 01702
Rincon Latino
39 Hollis St, Framingham, MA 01702
Pho Dakao
101 Concord St, Framingham, MA 01702
Star House Chinese
595 Waverley St, Framingham, MA 01702
Joy Luck Club
57 Hollis St, Framingham, MA 01702
Frescafe
82 Concord St, Framingham, MA 01702
Nearby Restaurants
Ken's Steak House
95 Worcester Rd, Framingham, MA 01701 (1.3 miles away)