Neighborhood Profile

Framingham

Columbus, OH | Franklin County
Scored premium profile
Best Neighborhoods USA Index
25.7
National rank: #14,112 of 14,967
Stability and Strength
23.5
Score
Value Opportunity
36.3
Score
Momentum
14.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationColumbus, OH
CountyFranklin County
National rank#14,112 of 14,967
State rank#440 of 481
City rank#190 of 202
County rank#203 of 215
National percentile5.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$194,415
Year-over-year home value change-3.4%
Month-over-month home value change-0.35%
Home value to income ratio4.65
Median household income$41,851
Bachelor's degree or higher9.9%
Civilian unemployment rate11.4%
Homeownership rate43.3%
Housing vacancy rate3.7%
Rent burden 30% or higher51.8%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Framingham

What is the Best Neighborhoods USA ranking for Framingham?

Framingham is ranked #190 of 202 eligible neighborhoods in Columbus; #440 of 481 eligible neighborhoods in OH; and #14,112 of 14,967 eligible neighborhoods in the United States.

Is Framingham one of the best neighborhoods in Columbus?

Framingham has a Best Neighborhoods USA Index of 25.7 and a city ranking of #190 of 202 eligible neighborhoods in Columbus.

How much are homes worth in Framingham?

The current Zillow Home Value Index for Framingham is approximately $194,415.

Are home values rising or falling in Framingham?

Zillow neighborhood values changed -3.4% year over year and -0.35% month over month.

What is the Neighborhood Momentum Score for Framingham?

Framingham has a Neighborhood Momentum Score of 14.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Framingham?

The NDS-derived neighborhood median household income is approximately $41,851.

How affordable is Framingham relative to household income?

The current Zillow home-value-to-household-income ratio is 4.65. Price-to-income affordability is a major Value Opportunity input.

Is Framingham primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 43.3%.

What is the unemployment rate in Framingham?

The NDS-derived civilian unemployment rate is approximately 11.4%.

How educated are residents of Framingham?

Approximately 9.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Framingham face high rent burden?

Approximately 51.8% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Framingham?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications118
Estimated originations59
Home-purchase applications50
Origination rate50.0%
Home-purchase share42.5%
Average application loan$158,584
Total application loan amount$18,733,188
National application rank#3,717 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 15.9% YoY; originations 14.8% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.