FRANKLIN, MA  02038

Total Population: 33,067

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Median Home Value

$567,100

Owner-occupied units

Median Household Income

$142,788

Across all households

Median Age

42.1 yrs

Across all residents

Bachelor's Degree+

56.4%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)83.8%
Asian (Non-Hispanic)6.1%
Hispanic or Latino5.0%
Two or More Races2.7%
Black (Non-Hispanic)2.0%
Other Race0.5%

Under 18 Years

20.0%

65 Years and Over

14.0%

Male

48.0%

Female

52.0%

U.S. Citizens (18+)

96.2%

No Health Insurance

1.3%

Education

3 fields

High School Graduate or Higher (25+)

97.2%

Bachelor's Degree or Higher (25+)

56.4%

Enrolled in College (18+)

10.2%

Economics

6 fields

Median Household Income

$142,788

Mean Household Income

$168,389

Per Capita Income

$63,724

Unemployment Rate (16+)

5.1%

In Labor Force (19–64)

83.2%

SNAP / Food Stamps

5.9%

Housing & Households

13 fields

Median Home Value

$567,100

Median Rent

$1,856/mo

Total Housing Units

12,889

Owner-Occupied

78.4%

Renter-Occupied

21.6%

Vacancy Rate

4.3%

Married Couple Households

61.2%

Cohabiting Couple Households

5.7%

Male Householder, No Partner

11.0%

Female Householder, No Partner

22.2%

Average Household Size

2.59

Broadband Internet Access

96.2%

Housing Built Since 2010

9.8%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 02038.