Also See: Franklin, MA ZIP Codes & ZIP Code Maps | Local Area Photos
The City of Franklin Town had a population of 34,174 as of July 1, 2019.
The primary coordinate point for Franklin Town city is located at latitude 42.0862 and longitude -71.4113 in Norfolk County. The formal boundaries for the City of Franklin Town encompass a land area of 26.63 sq. miles and a water area of 0.4 sq. miles.
The City of Franklin Town (GNIS ID: 618321) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Alternate Unofficial Names for Franklin Town city: City of Franklin, Town of Franklin.
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HOUSING AFFORDABILITY INDEX | |
|---|---|
| Franklin Town city, MA Housing Affordability Index is 115 State of Massachusetts Housing Affordability Index is 87 |
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| 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 | |
|---|---|
| Franklin Town city, MA Wealth Index is 224 State of Massachusetts Wealth Index is 139 |
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| 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. | |
These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Massachusetts address.
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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 | 1,283 |
| 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 | 115 |
HOUSEHOLDS | |
| Total Households | 11,770 |
| Average Household Size | 2.83 |
| Family Households | 8,793 |
| Average Family Size | 3 |
GROWTH RATE / YEAR |
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% |
The table below compares Franklin Town city to the other 246 incorporated cities, towns and CDPs in Massachusetts by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
| Variable Description | Rank | Percentile |
|---|---|---|
| Total Population | # 42 | 83rd |
| Population Density | # 132 | 47th |
| Diversity Index | # 114 | 54th |
| Median Household Income | # 26 | 90th |
| Per Capita Income | # 54 | 78th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Massachusetts Census Data Comparison Tool.
