What is the population of Franklin Town city?

Franklin Town city has 33,067 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #45 of 248 in Massachusetts.

What is the median household income in Franklin Town city?

Median household income in Franklin Town city is $142,788 a year, 81.8% above the national figure of $78,538.

How much does it cost to rent or buy in Franklin Town city?

Median gross rent is $1,856 a month and the median home value is $567,100, so rent absorbs about 15.6% of median household income.

Is Franklin Town city affordable compared with the rest of the US?

Homes cost about 4× the local median income here versus roughly 3.9× nationally, so Franklin Town city is less affordable to buy in than the typical US market, and rent takes 15.6% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Massachusetts · Census place 25172

Franklin Town, MA population, income and ZIP codes

Quick answer

The population of the city of Franklin Town, Massachusetts (Franklin Town, MA — Census place “Franklin Town city”) is 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. Looking for the Franklin Town Massachusetts ZIP code list? 1 ZIP codes serve Franklin Town, MA: 02038.

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

Franklin Town ZIP codes (Massachusetts)

Census ZCTAs whose delivery area overlaps Franklin Town.

The Franklin Town MA ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

02038

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

Franklin Town city, MA in context

How this area compares with national benchmarks.

Franklin Town city is a small city in Massachusetts, with 33,067 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #45 of 248 ranked by population — larger than 82% of them. The median age here is 42.1 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Franklin Town city earn a median of $142,788 a year, 81.8% above the national figure of $78,538 and 43% above the $99,537 median for the 222 Massachusetts cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 5.5% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Franklin Town city is valued at $567,100, 86.9% above the national figure and 14% above the $497,400 peer median, while median gross rent runs $1,856 a month, 32% above the national figure, or roughly $22,272 across a full year. A household on the local median income would put about 15.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 4×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 78.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

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Frequently asked questions

Common questions about this area.

What is the population of Franklin Town city?: Franklin Town city has 33,067 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #45 of 248 in Massachusetts.
What is the median household income in Franklin Town city?: Median household income in Franklin Town city is $142,788 a year, 81.8% above the national figure of $78,538.
How much does it cost to rent or buy in Franklin Town city?: Median gross rent is $1,856 a month and the median home value is $567,100, so rent absorbs about 15.6% of median household income.
Is Franklin Town city affordable compared with the rest of the US?: Homes cost about 4× the local median income here versus roughly 3.9× nationally, so Franklin Town city is less affordable to buy in than the typical US market, and rent takes 15.6% of median income against the 30% cost-burden line.
How current is this Franklin Town city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.