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
Compare with nearby places
Places of similar size in Massachusetts.
- Watertown Town city 35,270
- Randolph Town city 34,683
- Lexington CDP 34,085
- Needham CDP 32,059
- Norwood CDP 31,380
- North Attleborough Town city 30,842
- Wellesley CDP 29,906
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