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CITY · 2010 ACS

Franklin

Massachusetts · 31,635 residents · 26.639 sq mi
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The short version

Franklin is significantly wealthier than the US average, with a median household income of $89,330. Population has held roughly steady since 2011. 47% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value is $391,600. Poverty is rare here, at 4.4% of residents. Households here earn about 38% more than the Massachusetts median.

At a glance
Wealthier
above the US median
US median: $52,703
Mid-age
median age 38.7
US median: 37.2
More educated
47% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
31,635
+1%vs 2011
vs 31,317 in 2011
2010 – 2025
Population density
1,188 / sq mi
+1%vs 2011
vs 1,176 / sq mi in 2011
US average: 261
Median age
38.7
+5%vs 2011
vs 37.0 in 2011
US average: 37.2
Population, 2010 – 2024
31K32K32K33K33K201020202024Franklin
202433K
201020202024
Section 02

Income & economy

Median household income
$89,330
Unchangedinflation adjusted, since 2011
vs $92,066 in 2011
US average: $52,703
2010 – 2024
Per capita income
$37,559
−4%vs 2011
vs $39,043 in 2011
US average: $27,286
Households earning $100K+
60.9%
−1.4 ptsvs 2011
vs 62.3% in 2011
US average: 33.3%
Poverty rate
4.4%
+0.8 ptsvs 2011
vs 3.6% in 2011
US average: 13.8%
Income inequality (Gini)
0.400
−1%vs 2011
vs 0.405 in 2011
US average: 0.461
Workforce by industry, 2010
Information13.2%
US avg: 11.5%
Retail trade12.1%
US avg: 10.9%
Other services9.7%
US avg: 7%
Public administration8.3%
US avg: 4.9%
Wholesale trade6.7%
US avg: 7.2%
Finance & insurance3.2%
US avg: 5.1%
Arts, entertainment, food2.8%
US avg: 2.4%
Transportation & warehousing2.2%
US avg: 3.1%
Professional, scientific, technical2.2%
US avg: 4.2%
Education & health services1%
US avg: 0.9%
Agriculture, forestry, fishing0.1%
US avg: 1.9%
Construction0.1%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$391,600
+2%inflation adjusted, since 2011
vs $396,600 in 2011
US average: $225,659
2010 – 2024
Median gross rent
$1,135
+4%inflation adjusted, since 2011
vs $1,122 in 2011
US average: $853
Owner-occupied
66.2%
−13.6 ptsvs 2011
vs 79.8% in 2011
20.3% rent
Vacancy rate
3.5%
+0.2 ptsvs 2011
vs 3.3% in 2011
US average: 12.1%
Owner cost-burdened
33.1%
+0.9 ptsvs 2011
vs 32.3% in 2011
US average: 30.9%
Renter cost-burdened
38.2%
+2.1 ptsvs 2011
vs 36.1% in 2011
US average: 46.8%
Afford Score
4.4
+2%vs 2011
vs 4.3 in 2011
2010 – 2024
RELATED:See current rent listings in Franklin on RentDataNow
Section 04

Race & ethnicity

2011
White, non-Hispanic91.1%(28,530)
Black0.8%(256)
Hispanic / Latino2.7%(845)
Asian3.7%(1,145)
Other1.7%(541)
Diversity Score21%(6,562)
2010
White, non-Hispanic91.4%(28,926)
Black1.3%(416)
Hispanic / Latino2%(620)
Asian3.8%(1,193)
Other1.1%(340)
Diversity Score19.3%(6,103)
Diversity Score
19
−8%vs 2011
vs 21 in 2011
2010 – 2024
Section 05

Education

Bachelor's degree or higher
46.9%
−1.1 ptsvs 2011
vs 48.0% in 2011
US average: 27.9%
High school or higher
96.3%
−0.9 ptsvs 2011
vs 97.1% in 2011
US average: 84.9%
Graduate degree
16.4%
−1.1 ptsvs 2011
vs 17.4% in 2011
US average: 10.2%
Section 06

Commute & transportation

Average commute
32.1 min
+1%vs 2011
vs 31.9 min in 2011
US average: 25.2
Drive alone to work
79.1%
−0.8 ptsvs 2011
vs 80.0% in 2011
US average: 76.2%
Carpooled to work
5.5%
−0.1 ptsvs 2011
vs 5.6% in 2011
US average: 10.4%
Public transit
7.0%
+0.6 ptsvs 2011
vs 6.4% in 2011
US average: 4.7%
Worked from home
6.7%
+1.1 ptsvs 2011
vs 5.6% in 2011
US average: 4.1%
Walked to work
1.1%
−0.9 ptsvs 2011
vs 2.0% in 2011
US average: 2.8%
Biked to work
0.3%
−0.1 ptsvs 2011
vs 0.4% in 2011
US average: 0.5%
No vehicle available
3.4%
−0.3 ptsvs 2011
vs 3.7% in 2011
US average: 8.7%
Section 07

Work & employment

Self-employed
12.6%
−1.2 ptsvs 2011
vs 13.8% in 2011
US average: 12.9%
Management & professional
49.6%
−1.6 ptsvs 2011
vs 51.2% in 2011
US average: 35.2%
Section 08

People & community

Male
50.0%
+0.4 ptsvs 2011
vs 49.6% in 2011
Female
50.0%
−0.4 ptsvs 2011
vs 50.4% in 2011
Foreign born
8.7%
+1.8 ptsvs 2011
vs 6.9% in 2011
US average: 12.8%
Veterans
7.7%
+0.9 ptsvs 2011
vs 6.7% in 2011
US average: 9.9%
Drill deeper

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Head to head

Compare Franklin to nearby cities

FRANKLIN VS
Milford
Income$93,310+4%
Home value$464,700+19%
Population27,731−18%
SEE FULL COMPARISON →
FRANKLIN VS
Woonsocket
Income$61,059−32%
Home value$311,000−21%
Population44,580+31%
SEE FULL COMPARISON →
FRANKLIN VS
Cumberland Hill
Income$130,506+46%
Home value$394,300+1%
Population8,648−75%
SEE FULL COMPARISON →
FRANKLIN VS
North Attleborough
Income$112,665+26%
Home value$482,200+23%
Population31,506−7%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin, Massachusetts?

Franklin, Massachusetts has about 31,635 residents according to the 2010 American Community Survey.

What is the median household income in Franklin, Massachusetts?

The typical household in Franklin, Massachusetts earns about $89,330 a year. Half of households make more than that, and half make less.

Is Franklin, Massachusetts expensive?

In Franklin, Massachusetts, the median home is worth about $391,600, and the typical rent is about $1,135 a month.

How educated are people in Franklin, Massachusetts?

About 46.9% of adults age 25 and over in Franklin, Massachusetts hold a bachelor's degree or higher.

What is the poverty rate in Franklin, Massachusetts?

About 4.4% of people in Franklin, Massachusetts live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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