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Franklin, MA Area and Community Summary Information


Community Summary

Franklin Massachusetts
Community Characteristics
Population 29,507 6,413,424
Population Density 1,103 782
Educational Climate Index 4
Median Age 34.96 37.44
Median Dwelling Age 25 44
In Current Residence 5+ years 53 % 47 %
Median Home Sale Price $350,000
Average household Income $95,035 $80,123
Median Value of Home Equity $249,365 $199,280
Median Mortgage Debt $542,670 $423,313
Total Household Expenditure 131 116
Total Crime Risk 20 73
Weather Risk 106 96
Air Pollution Index 99 99
Median Travel Time to Work 29.37 22.21
     

Population Characteristics

Franklin Massachusetts
Population 29,507 6,413,424
Population Density 1,103 782
     
Male Population 14,591 3,115,055
Female Population 14,916 3,298,369
     
Population Change Since 1990 34 % 7 %
Population Change Since 2000 0 % 1 %
     

Age

Franklin Massachusetts
Median Age 34.96 37.44
     
Population: Age 0-4 2,683 396,123
Population: Age 5-9 2,522 387,613
Population: Age 10-14 2,282 402,689
Population: Age 15-19 2,178 420,554
Population: Age 20-24 1,297 423,079
Population: Age 25-29 1,222 425,307
Population: Age 30-34 2,053 432,746
Population: Age 35-39 2,692 463,472
Population: Age 40-44 2,926 505,793
Population: Age 45-49 2,497 507,719
Population: Age 50-54 1,965 460,639
Population: Age 55-59 1,477 401,552
Population: Age 60-64 1,181 318,623
Population: Age 65-69 788 228,530
Population: Age 70-74 562 183,653
Population: Age 75-79 460 164,498
Population: Age 80-84 382 139,350
Population: Age 85+ 340 151,484
     

Race Distribution

Franklin Massachusetts
Race: White 27,149 5,319,252
Race: American Indian, Eskimo, Aleut 17 13,856
Race: Asian or Pacific Islander 1,215 328,371
Race: Other 71 219,443
Race: Hawaiian / Pacific Islander 1 378
Race: Black 827 388,376
     

Hispanic Distribution

Franklin Massachusetts
Population: Hispanic 457 535,768
Population: Not Hispanic 29,050 5,877,656
     

Education

Franklin Massachusetts
Education: Less than 9th Grade 273 204,860
Education: Some High School 763 275,327
Education: High School Graduate 4,156 1,202,664
Education: Some College 2,940 681,691
Education: Associate Degree 1,816 345,603
Education: Bachelors Degree 5,529 949,827
Education: Graduate Degree 3,068 723,394
     

Marital Status

Franklin Massachusetts
Never Married 4,827 1,604,017
Now Married 14,165 2,578,645
Separated 663 246,544
Widowed 1,123 361,655
Divorced 1,306 434,975
     

Households

Franklin Massachusetts
Households 10,108 2,449,728
Average Household Size
     
Households: Family 7,635 1,566,993
Households: Non-Family 2,473 882,735
     
Households: With Children 4,630 812,615
Households: No Children 5,478 1,637,113
     

Housing Characteristics

Franklin Massachusetts
Median Dwelling Age 25 44
Median Home Sale Price $350,000
Average household Income $95,035 $80,123
Median Value of Home Equity $249,365 $199,280
Median Mortgage Debt $542,670 $423,313
     

Home Ownership

Franklin Massachusetts
Vacant Dwellings 495 263438
Owner-Occupied Dwellings 8416 1590112
Renter-Occupied Dwellings 1692 859616
     

Turnover

Franklin Massachusetts
In Current Residence 5+ years 53 % 47 %
Annual Residential Turnover 11 % 14 %
     
Median Years in Residence 5.78 4.67
     

Income Characteristics

Franklin Massachusetts
Median household income $86,536 $60,921
Average household Income $95,035 $80,123
Per capita income $32,778 $31,576
Median Disposable Income $68,556 $50,399
     

Income Growth

Franklin Massachusetts
Change in Avg. Household Income Since 1990 71 % 65 %
Change in Avg. Household Income Since 2000 22 % 20 %
     

Household Income

Franklin Massachusetts
Household Income: $0-$10,000 267 190,010
Household Income: $10,000-$15,000 254 99,325
Household Income: $15,000-$20,000 338 108,438
Household Income: $20,000-$25,000 282 107,918
Household Income: $25,000-$30,000 252 106,579
Household Income: $30,000-$35,000 196 100,352
Household Income: $35,000-$40,000 290 96,077
Household Income: $40,000-$45,000 349 104,845
Household Income: $45,000-$50,000 349 95,279
Household Income: $50,000-$60,000 623 200,934
Household Income: $60,000-$75,000 1,059 252,167
Household Income: $75,000-$100,000 1,640 341,457
Household Income: $100,000-$125,000 1,481 227,196
Household Income: $125,000-$150,000 985 138,986
Household Income: $150,000-$200,000 906 130,006
Household Income: $200,000-$250,000 324 46,678
Household Income: $250,000-$500,000 328 57,815
Household Income: $500,000+ 185 45,666
     

Median Income

Franklin Massachusetts
Median Income: Age < 25 $39,333 $37,413
Median Income: Age 25-34 $84,241 $57,700
Median Income: Age 35-44 $99,764 $68,586
Median Income: Age 45-54 $97,755 $74,984
Median Income: Age 55-64 $85,763 $67,452
Median Income: Age 65-74 $54,024 $48,647
Median Income: Age 75+ $38,547 $36,007
     

Cost of Living Index

Franklin Massachusetts
Total Household Expenditure 131 116
Contributions 143 121
Personal Insurance 142 119
Apparel 132 116
Education 147 122
Entertainment 133 116
Food And Beverages 127 114
Health Care 122 113
Household Furnishings And Equipment 137 118
Shelter 133 116
Household Operations 142 119
Miscellaneous Expenses 126 114
Personal Care 130 115
Reading 131 116
Tobacco 112 109
Transportation 130 114
Utilities 123 113
Gifts 141 120
     
Sales Tax Rate 5 %
     

Financial Characteristics

Franklin Massachusetts
Median Household Net Worth $235,743 $174,042
Average Household Net Worth $747,976 $577,681
Median Value of Home Equity $249,365 $199,280
Median Mortgage Debt $542,670 $423,313
     

Net Worth

Franklin Massachusetts
Net Worth: $0 or Less 919 266,712
Net Worth: $1-$5,000 1,028 300,600
Net Worth: $5,000-$10,000 601 159,594
Net Worth: $10,000-$25,000 1,163 289,089
Net Worth: $25,000-$50,000 1,358 321,160
Net Worth: $50,000-$100,000 1,732 404,216
Net Worth: $100,000-$250,000 2,176 487,761
Net Worth: $250,000-$500,000 921 198,374
Net Worth: Greater Than $500,000 558 113,300
     

Investments and Debt

Franklin Massachusetts
Median Value of Transaction Accounts $38,622 $30,695
Median Value of Certificates of Deposit $8,907 $7,606
Median Value of Savings Bonds $1,446 $1,202
Median Value of Bonds (Not US Savings) $19,517 $14,465
Median Value of Stocks $60,799 $45,617
Median Value of Mutual Funds $48,208 $36,664
Median Value of Retirement Accounts $105,175 $79,765
Median Value of Cash Value Life Ins $8,859 $7,007
Median Value of Other Managed Accounts $24,287 $18,955
Median Value of Other Financial Assets $6,957 $5,376
Median Value of Any Financial Assets $322,777 $247,353
Median Value of Vehicles Owned $23,114 $19,387
Median Value of Investment Property Equity $59,189 $45,521
Median Value of Business Equity $40,974 $31,572
Median Value of Other Non-Financial Assets $161,767 $121,125
Median Value of Any Non-Financial Assets $8,260 $6,428
Median Installment Loan Debt $88,763 $69,630
Median Lines of Credit Debt $12,217 $9,189
Median Credit Card Debt $1,041 $792
Median Investment Real Estate Debt $10,528 $9,259
Median Other Debt $22,491 $17,674
Median Total Debts $287,500 $206,654
     

Occupation

Franklin Massachusetts
     
Occupations: White Collar 10,599 2,857,747
Occupations: Blue Collar 2,880 660,023
     
Business Counts: Professional Specialty Occupations 2,296 657,653
Business Counts: Sales Professionals 326 94,612
Business Counts: Technologies and Technicians 407 138,338
Business Counts: Sales Workers and Clerks 1,228 284,015
Business Counts: Administrative Support 2,511 670,684
Business Counts: Technical, Sales and Administrative: Field Occupations 12 8,700
Business Counts: Private Household 2 121
Business Counts: Protective Services 183 57,083
Business Counts: Other Services: Site Based 1,759 445,600
Business Counts: Other Services: Field Based 44 23,847
Business Counts: Farming, Forestry, and Fishing 303 65,919
Business Counts: Precision, Craft, and Repair: Site Based 1,110 250,573
Business Counts: Construction, Repair and Mining: Field Based 422 105,008
Business Counts: Machine Operators, Assemblers and Inspectors 397 74,469
Business Counts: Transportation Materials Moving Workers 328 84,262
Business Counts: Handlers, Helpers and Laborers 320 79,792
     
Employees: Agricultural, Forestry, Fishing 225 27,532
Employees: Mining 5 1,986
Employees: Construction 472 140,751
Employees: Manufacturing 2,621 354,806
Employees: Transportation and Communications 440 134,962
Employees: Wholesale Trade 1,406 154,804
Employees: Retail Trade 2,713 684,372
Employees: Finance, Insurance and Real Estate 635 283,960
Employees: Services 4,759 1,566,459
Employees: Public Administration 203 168,138
     

Transportation & Commute

Franklin Massachusetts
Median Travel Time to Work 29.37 22.21
Transportation to Work: Public 7 % 9 %
Transportation to Work: Drive / Carpool 87 % 83 %
Transportation to Work: Walk / Bike / Other 2 % 5 %
Transportation to Work: Work at Home 4 % 3 %
     

Crime Risk

Franklin Massachusetts
Total Crime Risk 20 73
     
Personal Crime Risk 28 97
Murder Risk 17 39
Rape Risk 33 85
Robbery Risk 8 86
Assault Risk 29 106
     
Property Crime Risk 18 70
Burglary Risk 11 72
Larceny Risk 38 66
Motor Vehicle Theft Risk 12 90
     

Temperature & Rain

Franklin Massachusetts
Average January High Temperature 37.5 35.21
Average January Low Temperature 13.3 17.07
Average July High Temperature 84.3 81.18
Average July Low Temperature 60.3 61.11
     
Annual Precipitation 48.75 46.68
     

Weather Risk Index

Franklin Massachusetts
Weather Risk 106 96
Earthquake Risk 63 70
Hail Index 175 75
Hurricane Index 135 128
Tornado Index 46 56
Wind Index 185 115
     

Environmental Quality Index

Franklin Massachusetts
Air Pollution Index 99 99
Ozone Index 95 101
Carbon Monoxide Index 88 94
Lead Index 109 103
NO2 Index 109 102
Particulate Matter Index 92 95
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
02038
$86,537
Median Value of Home Equity
Zip
1
02038
$249,414
Fastest Growing (change since 2000)
Zip
1
02038
0 %
Longest Commute
Zip
1
02038
29.37
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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