Franklin Town, MA demographics:
population, income, and more

Total population
33,154
0.3% year-over-year change
Median household income
$145,773/yr
2.1% year-over-year change
Housing units
13,011
0.9% year-over-year change

Franklin Town population

How many people live in Franklin Town

Franklin Town is home to 33,154 residents, according to the most recent Census data. Gender-wise, 48.2% of Franklin Town locals are male, and 51.8% are female.

Total population
33,154
0.3% year-over-year change
Gender ratio
Male
48.2%
15,988
Female
51.8%
17,166
Value Percent YoY change
Male 15,988 48.2% 0.7%
Female 17,166 51.8% -0.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Franklin Town is 41, with the population distributed as follows: about 16.3% are children under 15, then 15.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.1% of the population, while another 30.3% fall into the 45 to 64 bracket. Finally, around 14.7% are 65 or older.

Median age
41.3
Age breakdown
Under 15
16.3%
15 to 24
15.6%
25 to 44
23.1%
45 to 64
30.3%
Over 65
14.7%
Value Percent YoY change
Under 15 5,411 16.3% 9.3%
15 to 24 5,176 15.6% -4.6%
25 to 44 7,649 23.1% 1.0%
45 to 64 10,046 30.3% -4.2%
Over 65 4,872 14.7% 5.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Franklin Town, 88.5% of the population are US-born citizens, while 7.9% have gained naturalized citizenship. At the same time, 3.5% of residents are non-citizens. As for race, 83.9% of locals are Caucasian, 2.1% are African American and 6.1% have Asian roots. There’s also a share of 6.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
88.5%
Non-U.S.-born citizens
7.9%
Non-citizens
3.5%
Value Percent YoY change
U.S.-born citizens 29,353 88.5% -0.2%
Non-U.S.-born citizens 2,630 7.9% 2.4%
Non-citizens 1,171 3.5% 7.8%
Racial breakdown
White
83.9%
Black or African American
2.1%
American Indian and Alaska Native
0.1%
Asian
6.1%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.3%
Other
1.6%
Value Percent
White 27,815 83.9%
Black or African American 699 2.1%
American Indian and Alaska Native 28 0.1%
Asian 2,010 6.1%
Two or more races 2,087 6.3%
Other 515 1.6%

Households in Franklin Town

A peek inside Franklin Town households

Franklin Town has 12,370 households, with an average of 3 members in each. Of these, 73.5% are families, while the remaining 26.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
12,370
0.2% year-over-year change
Average people per household
3
Non-family households
3,282
Family households
9,088
Value Percent YoY change
Non-family households 3,282 26.5% 1.1%
Family households 9,088 73.5% -0.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Franklin Town

The housing landscape of Franklin Town

Franklin Town's housing consists of 13,011 units, with 62.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 9.9% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.2% of the housing landscape.

Housing units
13,011
0.9% year-over-year change
Housing types
Value Percent
1 unit, detached 8,129 62.5%
1 unit, attached 1,287 9.9%
2 units 554 4.3%
3 or 4 units 663 5.1%
5 to 9 units 614 4.7%
10 to 19 units 436 3.4%
20 to 49 units 385 3%
50 or more units 906 7%
Mobile home 27 0.2%
Boat, RV, van, etc. 10 0.1%
Homes built since 2020
144
77.8% year-over-year change

The age of buildings in Franklin Town

In Franklin Town, the median construction year is 1985. About 13.8% of homes were built before the 1940s, with another 1.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 10.6% of homes were added from 2000 to 2009, 10.4% between 2010 and 2019, and 1.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 1,800 13.8% 3.1%
Built between 1940 and 1949 198 1.5% -21.4%
Built between 1950 and 1959 1,011 7.8% -1.4%
Built between 1960 and 1969 1,464 11.2% 7.4%
Built between 1970 and 1979 886 6.8% -0.8%
Built between 1980 and 1989 2,223 17.1% -0.3%
Built between 1990 and 1999 2,559 19.7% -9.9%
Built between 2000 and 2009 1,377 10.6% 7.5%
Built between 2010 and 2019 1,349 10.4% 14.6%
Built in 2020 or later 144 1.1% 77.8%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Franklin Town occupancy rates

Out of the 12,370 occupied housing units in Franklin Town, 78.2% are owner-occupied, while 21.8% are lived in by tenants. Meanwhile, 4.9% of all homes on the local market sit vacant.

Occupied housing units
12,370
0.2% year-over-year change
Occupancy breakdown
Renter occupied
2,699
Owner occupied
9,671
Value Percent YoY
change
Renter occupied 2,699 21.8% 1.1%
Owner occupied 9,671 78.2% 0.0%
Unoccupied housing units
4.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Franklin Town housing costs

Housing costs in Franklin Town come to a median of $2,337 per month, while tenants specifically pay a median gross rent of $1,899.

Median housing costs per month
$2,337/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Franklin Town
$1,899/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Franklin Town

Franklin Town education at a glance

About 21.7% of the population in Franklin Town went to high school, while 15.7% pursued college studies. Another 9% earned an associate degree and 31.4% hold a bachelor’s. Meanwhile, 21.1% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 264 1% -29.2%
High school diploma 5,684 21.7% -6.1%
College diploma 4,110 15.7% -2.3%
Associate degree 2,363 9% -0.8%
Bachelor's degree 8,213 31.4% 4.6%
Graduate degree 5,520 21.1% -1.5%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Franklin Town

How much people earn in Franklin Town

The average annual household income in Franklin Town was $172,490 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.4% change from the previous year. At the same time, the median income stood at $145,773, reflecting a +2.1% shift over the same period.

Average household income in Franklin Town
$172,490/year
2.4% year-over-year change
Median household income in Franklin Town
$145,773/year
2.1% year-over-year change

Franklin Town income by age

In Franklin Town, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $162,763. Those with someone between 45 and 64 in charge, often well established professionally, earn $186,461 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $100,781, while those led by someone over 65, many of whom may be retired, have about $88,682 in earnings. Overall, 94.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $100,781 10.0%
25 - 44 $162,763 0.9%
45 - 64 $186,461 5.8%
Over 65 $88,682 0.6%
Above poverty level
30,022
Below poverty level
1,887
Value Percent YoY
change
Above poverty level 30,022 94.1% -0.3%
Below poverty level 1,887 5.9% 7.6%

Average renter income in Franklin Town

To get a better sense of what renters earn on average in Franklin Town, their median household income was $62,171 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 36.7%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$62,171
Rent-to-income ratio
36.7%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Franklin Town

Workforce and job types in Franklin Town

The job market in Franklin Town is powered by 18,386 working residents, spread across a range of industries and roles. 86.9% of the working population are employed in professional or administrative positions, while 13.1% are in hands-on or service-based jobs. Also, 7.9% run their own businesses, 69.5% are employed by private companies, and 12.6% work in the public sector.

Workforce demographics

Working population
18,386
-0.7% year-over-year change
White collar
15,971
Blue collar
2,415
Value Percent YoY change
White collar 15,971 86.9% -0.7%
Blue collar 2,415 13.1% -0.9%
Employer type
Self employees
7.9%
Private companies
69.5%
Governmental workers
12.6%
Not for profit companies
10%
Value Percent YoY change
Self employees 1,457 7.9% 9.9%
Private companies 12,778 69.5% -1.0%
Governmental workers 2,308 12.6% -4.0%
Not for profit companies 1,843 10% -1.7%
Unemployment rate
5.2%
0.5% year-over-year change

Available workforce

The unemployment rate in Franklin Town stands at 5.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Franklin Town

How people get around in Franklin Town

Commuting methods vary: 71.6% of residents travel by personal vehicle and 1.7% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 12,855 71.6% -0.9%
Taxicab 31 0.2% 3.3%
Bus or trolleybus 25 0.1% -7.4%
Subway or elevated 63 0.4% N/A
Railroad 455 2.5% -14.6%
Walk 306 1.7% 1.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Franklin Town by zipcode?

Zipcode Population Number of households Median income Average income
02038 33,154 12,370 $145,773 $172,490

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FAQs about Franklin Town demographics 

What is the total population of Franklin Town?

Franklin Town has a total population of 33,154 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.3% compared to a year ago.

What is the gender ratio in Franklin Town?

The gender ratio in Franklin Town is as follows:
  • 48.2% males (15,988 residents)
  • 51.8% females (17,166 residents)

What is the median age in Franklin Town?

The median age in Franklin Town is 41.3.

What is the age distribution of the population in Franklin Town?

The age distribution in Franklin Town is as follows:
  • Under 15: 16.3% (5,411 residents)
  • Ages 15-24: 15.6% (5,176 residents)
  • Ages 25-44: 23.1% (7,649 residents)
  • Ages 45-64: 30.3% (10,046 residents)
  • Over 65: 14.7% (4,872 residents)

What is the racial and ethnic makeup of Franklin Town?

The racial and ethnic makeup of Franklin Town is as follows:
  • White: 83.9% (27,815 residents)
  • Black or African American: 2.1% (699 residents)
  • American Indian and Alaska Native: 0.1% (28 residents)
  • Asian: 6.1% (2,010 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 6.3% (2,087 residents)
  • Other: 1.6% (515 residents)

What percentage of the population in Franklin Town are U.S.-born citizens?

U.S.-born citizens represent 88.5% of the population in Franklin Town.

How many housing units are there in Franklin Town?

There are 13,011 housing units in Franklin Town, reflecting a +0.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Franklin Town and what is the average household size?

Franklin Town has a total of 12,370 households, with an average of 3 people in each.

What is the median household income in Franklin Town?

Franklin Town has a median household income of $145,773, representing a +2.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Franklin Town?

The employment rate is 94.8% in Franklin Town, with a workforce of 18,386 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 86.9% (15,971 residents)
  • Blue-collar workers: 13.1% (2,415 residents)

Places of employment:
  • Self-employed: 7.9% (1,457 residents)
  • Private companies: 69.5% (12,778 residents)
  • Governmental workers: 12.6% (2,308 residents)
  • Not-for-profit companies: 10% (1,843 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025