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CENSUS TRACT

Census Tract 403

Massachusetts · Franklin County · 2,872 residents · 34.263 sq mi
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403
TRACT SHAPE · Franklin County, MA
The short version

Census Tract 403 is wealthier than most US places, with a median household income of $103,375. Population has declined 3% since 2020. Median home value has risen by half since 2020, reaching $375,800. With a median age of 48.9, the population is older than the US median of 38.9. Households here earn about 38% more than the Franklin County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 48.9
US median: 38.9
More educated
42% hold a bachelor's degree
US average: 36%
Less affordable
home values up 27%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,872
−3%since 2020
from 2,973 in 2020
2020 – 2024
Population density
84 / sq mi
−3%since 2020
from 87 / sq mi in 2020
US average: 281
Median age
48.9
+4%since 2020
from 47.1 in 2020
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Census Tract 403
20243K
20202024
Section 02

Income & economy

Median household income
$103,375
+12%inflation adjusted, since 2020
from $75,900 in 2020
US average: $82,259
2020 – 2024
Per capita income
$51,937
+27%since 2020
from $41,055 in 2020
US average: $44,673
Households earning $100K+
66.2%
+15.5 ptssince 2020
from 50.7% in 2020
US average: 53.3%
Poverty rate
6.8%
+2.7 ptssince 2020
from 4.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.391
−8%since 2020
from 0.422 in 2020
US average: 0.476
Workforce by industry, 2024
Information12.3%
US avg: 10.8%
Retail trade11.7%
US avg: 9.9%
Wholesale trade4.1%
US avg: 6.9%
Finance & insurance3.6%
US avg: 5.9%
Professional, scientific, technical2.5%
US avg: 5.1%
Arts, entertainment, food2.5%
US avg: 1.9%
Agriculture, forestry, fishing1.5%
US avg: 1.6%
Construction1.5%
US avg: 1.2%
Other services1.2%
US avg: 6.7%
Education & health services1.1%
US avg: 0.9%
Transportation & warehousing0.5%
US avg: 2.2%
Public administration0.3%
US avg: 4.8%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$375,800
+27%inflation adjusted, since 2020
from $244,300 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,142
+18%inflation adjusted, since 2020
from $796 in 2020
US average: $1,442
Owner-occupied
85.1%
+1.0 ptssince 2020
from 84.2% in 2020
14.9% rent
Vacancy rate
7.8%
−6.1 ptssince 2020
from 13.9% in 2020
US average: 10.0%
Owner cost-burdened
17.8%
−1.3 ptssince 2020
from 19.1% in 2020
US average: 22.9%
Renter cost-burdened
49.2%
−15.6 ptssince 2020
from 64.9% in 2020
US average: 47.4%
Afford Score
3.6
+13%since 2020
from 3.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 403 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic93.2%(2,772)
Black0.3%(8)
Hispanic / Latino4.1%(121)
Asian0.2%(6)
Other2.2%(66)
Diversity Score16.1%(477)
2024
White, non-Hispanic89.8%(2,578)
Black0.7%(19)
Hispanic / Latino5%(144)
Asian0%(1)
Other4.5%(130)
Diversity Score23.7%(681)
Diversity Score
24
+48%since 2020
from 16 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
42.4%
−2.8 ptssince 2020
from 45.2% in 2020
US average: 35.6%
High school or higher
94.2%
+0.8 ptssince 2020
from 93.3% in 2020
US average: 89.6%
Graduate degree
16.8%
−3.4 ptssince 2020
from 20.2% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
31.4 min
+34%since 2020
from 23.5 min in 2020
US average: 26.5
Drive alone to work
74.8%
+1.2 ptssince 2020
from 73.5% in 2020
US average: 68.9%
Carpooled to work
6.0%
−2.9 ptssince 2020
from 8.9% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
16.5%
+2.8 ptssince 2020
from 13.8% in 2020
US average: 15.0%
Walked to work
0.7%
−0.8 ptssince 2020
from 1.5% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
1.7%
−4.1 ptssince 2020
from 5.8% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.6%
+0.2 ptssince 2020
from 4.4% in 2020
US average: 5.2%
Labor force participation
65.4%
−3.9 ptssince 2020
from 69.3% in 2020
US average: 63.5%
Self-employed
21.3%
−0.1 ptssince 2020
from 21.5% in 2020
US average: 13.1%
Management & professional
42.5%
−9.3 ptssince 2020
from 51.8% in 2020
US average: 42.5%
Section 08

People & community

Male
51.1%
+4.1 ptssince 2020
from 47.0% in 2020
Female
48.9%
−4.1 ptssince 2020
from 53.0% in 2020
Foreign born
2.6%
−2.1 ptssince 2020
from 4.7% in 2020
US average: 14.1%
Veterans
5.8%
−1.7 ptssince 2020
from 7.5% in 2020
US average: 6.2%
With a disability
14.2%
−6.1 ptssince 2020
from 20.3% in 2020
US average: 13.3%
Uninsured
3.2%
+0.4 ptssince 2020
from 2.8% in 2020
US average: 8.4%
Broadband at home
88.2%
+1.6 ptssince 2020
from 86.6% in 2020
US average: 91.0%
English only at home
94.6%
−0.3 ptssince 2020
from 94.9% in 2020
US average: 77.7%
Spanish at home
3.4%
+1.3 ptssince 2020
from 2.1% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 2,872 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $103,375 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $375,800, and the typical rent is about $1,142 a month.

How educated are people in this census tract?

About 42.4% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 6.8% of people in this census tract 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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