City Of Franklin Town MA Demographic Data and Boundary Map

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City Of Franklin Town, MA

The City Of Franklin Town is a County Subdivision of Norfolk County. The subdivision has a C5 Census Class Code which indicates that the City Of Franklin Town is an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent.

Also See: Norfolk County Data | Cities in Norfolk County | County Subdivisions in Norfolk County

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  1. City Of Franklin Town 2019 Demographic Data
  2. Growth Rates for City Of Franklin Town (Historical & 5-Year Forecast)
  3. Neighborhoods Demographics (Home Values, Household Income, etc.)
  4. Massachusetts Research Tools (Easy Tools & Current Data)
  5. Massachusetts Data Comparison Tool - 2019 Demographics

City Of Franklin Town Boundary Map


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City Of Franklin Town Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

City Of Franklin Town Housing Affordability Index is 113
State of Massachusetts Housing Affordability Index is 87
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

City Of Franklin Town Wealth Index is 224
State of Massachusetts Wealth Index is 139
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

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POPULATION

Total Population 34,174
Population in Households 33,307
Population in Familes 29,366
Population in Group Qrtrs 867
Population Density 1,284
Diversity Index1 25
 

INCOME

Median Household Income $122,849
Average Household Income $155,500
Per Capita Income $53,606
Wealth Index3 224

HOUSING

Total Housing Units 12,133 (100%)
Owner Occupied HU 9,340 (77.0%)
Renter Occupied HU 2,430 (20.0%)
Vacant Housing Units 363 ( 3.0%)
Median Home Value $494,732
Housing Affordability Index2 113
 

HOUSEHOLDS

Total Households 11,770
Average Household Size 2.83
Family Households 8,793
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATES

2010-2019 2019-2024
Population 0.84% 0.7%
Households 0.74% 0.62%
Families 0.71% 0.61%
Median Household Income   2.88%
Per Capita Income   2.53%

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