Life in Franklin Town research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Franklin Town over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Franklin Town:
The population in Franklin Town is 32,777.
The median home value in Franklin Town is $628,950.
The median income in Franklin Town is $138,062.
The cost of living in Franklin Town is 142 which is 1.4x higher than the national average.
The median rent in Franklin Town is $1,792.
The unemployment rate in Franklin Town is 5.4%.
The poverty rate in Franklin Town is 4.6%.
The average high in Franklin Town is 59.9° and the average low is 39.0°.
Cost of living in Franklin Town summary. We use data on the cost of living to determine how expensive it is to live in Franklin Town. Real estate prices drive most of the variance in cost of living around Massachusetts. Key points include:
The cost of living in Franklin Town is 142 with 100 being average.
The cost of living in Franklin Town is 1.4x higher than the national average.
The median home value in Franklin Town is $628,950.
The median income in Franklin Town is $138,062.
Living Expense | Franklin Town | Massachusetts | National Average | |
---|---|---|---|---|
Overall | 142 | 143 | 100 | |
Services | 136 | 126 | 100 | |
Groceries | 114 | 108 | 100 | |
Health | 121 | 117 | 100 | |
Housing | 185 | 202 | 100 | |
Transportation | 105 | 114 | 100 | |
Utilities | 120 | 123 | 100 |
The average high in Franklin Town is 59.9° and the average low is 39.0°.
There are 81.0 days of precipitation each year.
Expect an average of 49.5 inches of precipitation each year with 42.1 inches of snow.
Stat | Franklin Town |
---|---|
Average Annual High | 59.9 |
Average Annual Low | 39.0 |
Annual Precipitation Days | 81.0 |
Average Annual Precipitation | 49.5 |
Average Annual Snowfall | 42.1 |
The current population in Franklin Town is 32,777. The population has increased 5.7% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 32,777 | -0.7% |
2021 | 33,022 | 0.5% |
2020 | 32,843 | -0.1% |
2019 | 32,873 | 0.4% |
2018 | 32,731 | 1.0% |
2017 | 32,393 | 1.0% |
2016 | 32,064 | 1.0% |
2015 | 31,760 | 1.4% |
2014 | 31,317 | 0.9% |
2013 | 31,023 | - |
86.4% White with 28,312 White residents.
1.5% African American with 489 African American residents.
0.0% American Indian with 0 American Indian residents.
5.6% Asian with 1,842 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.1% Other with 29 Other residents.
2.3% Two Or More with 748 Two Or More residents.
4.1% Hispanic with 1,357 Hispanic residents.
Race | Franklin Town | MA | USA |
---|---|---|---|
White | 86.4% | 68.9% | 58.9% |
African American | 1.5% | 6.6% | 12.1% |
American Indian | 0.0% | 0.1% | 0.6% |
Asian | 5.6% | 6.9% | 5.7% |
Hawaiian | 0.0% | 0.0% | 0.2% |
Other | 0.1% | 1.0% | 0.4% |
Two Or More | 2.3% | 3.9% | 3.5% |
Hispanic | 4.1% | 12.6% | 18.7% |
Franklin Town is 52.2% female with 17,121 female residents.
Franklin Town is 47.8% male with 15,656 male residents.
Gender | Franklin Town | MA | USA |
---|---|---|---|
Female | 52.2% | 51.0% | 50.4% |
Male | 47.8% | 49.0% | 49.6% |
2.0% of adults in Franklin Town completed < 9th grade.
1.0% of adults in Franklin Town completed 9-12th grade.
18.0% of adults in Franklin Town completed high school / ged.
15.0% of adults in Franklin Town completed some college.
9.0% of adults in Franklin Town completed associate's degree.
31.0% of adults in Franklin Town completed bachelor's degree.
17.0% of adults in Franklin Town completed master's degree.
2.0% of adults in Franklin Town completed professional degree.
5.0% of adults in Franklin Town completed doctorate degree.
Education | Franklin Town | MA | USA |
---|---|---|---|
< 9th Grade | 2.0% | 3.0% | 4.0% |
9-12th Grade | 1.0% | 5.0% | 6.0% |
High School / GED | 18.0% | 23.0% | 26.0% |
Some College | 15.0% | 15.0% | 20.0% |
Associate's Degree | 9.0% | 8.0% | 9.0% |
Bachelor's Degree | 31.0% | 25.0% | 21.0% |
Master's Degree | 17.0% | 15.0% | 10.0% |
Professional Degree | 2.0% | 3.0% | 2.0% |
Doctorate Degree | 5.0% | 3.0% | 2.0% |
2.1% of households in Franklin Town earn Less than $10,000.
2.0% of households in Franklin Town earn $10,000 to $14,999.
3.5% of households in Franklin Town earn $15,000 to $24,999.
3.6% of households in Franklin Town earn $25,000 to $34,999.
3.8% of households in Franklin Town earn $35,000 to $49,999.
10.4% of households in Franklin Town earn $50,000 to $74,999.
10.0% of households in Franklin Town earn $75,000 to $99,999.
19.0% of households in Franklin Town earn $100,000 to $149,999.
15.1% of households in Franklin Town earn $150,000 to $199,999.
30.4% of households in Franklin Town earn $200,000 or more.
Income | Franklin Town | MA | USA |
---|---|---|---|
Less than $10,000 | 2.1% | 4.4% | 4.9% |
$10,000 to $14,999 | 2.0% | 3.7% | 3.8% |
$15,000 to $24,999 | 3.5% | 5.9% | 7.0% |
$25,000 to $34,999 | 3.6% | 5.6% | 7.4% |
$35,000 to $49,999 | 3.8% | 7.8% | 10.7% |
$50,000 to $74,999 | 10.4% | 12.7% | 16.1% |
$75,000 to $99,999 | 10.0% | 11.3% | 12.8% |
$100,000 to $149,999 | 19.0% | 17.7% | 17.1% |
$150,000 to $199,999 | 15.1% | 11.6% | 8.8% |
$200,000 or more | 30.4% | 19.3% | 11.4% |