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Massachusetts · Census place 25172

Franklin Town city, MA

Quick answer

Franklin Town city has 33,067 residents, ranking #45 of 248 places in Massachusetts. Median household income is $142,788, the median home is worth $567,100 and median gross rent runs $1,856 a month.

Population
33,067Franklin Town city residents
Median household income
$142,788Past 12 months, inflation adjusted
Median home value
$567,100Owner-occupied units
Median gross rent
$1,856Rent plus utilities, monthly
Median age
42.1 yrsAll residents
Homeownership rate
78.4%Owner-occupied households

What the numbers mean in Franklin Town city

Housing cost measured against local earnings.

A household earning the Franklin Town city median would spend about 15.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.5% of residents and 78.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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