Housing data for Franklin Town, MA

Franklin Town, MA has an estimated 33,154 residents and 13,011 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Norfolk County.

21.8% of households rent.

The median gross rent is $1,899 a month.

Its population shrank measurably since 2015–2019 (−0.3%).

Figures last updated on .

Residents
33,154 (±30)
Housing units
13,011 (±359)
Households that rent
21.8%
Median gross rent
$1,899
Residents since 2015–2019
−0.3%

What stands out in Franklin Town

Rental vacancy rate: 12.1% (±4.8 points) in Franklin Town, higher than in Norfolk County (4.0%).

Households without a vehicle: 3.3% (±1.4 points) in Franklin Town, lower than in Norfolk County (9.2%).

Commuting by public transportation: 3.0% (±0.9 points) in Franklin Town, lower than in Norfolk County (8.7%).

Households that rent: 21.8% (±2.3 points) in Franklin Town, lower than in Norfolk County (31.3%).

Housing in Franklin Town at a glance

Franklin Town against Norfolk County, its state and the nation

Estimate (90% margin of error)
Franklin TownNorfolk CountyMassachusettsUnited States
Residents33,154 (±30)730,082 (exact)7,044,056 (exact)334,922,499
Housing units13,011 (±359)295,227 (±233)3,030,406 (±453)143,775,355
Households that rent21.8% (±2.3 points)31.3% (±0.7 points)37.5% (±0.3 points)34.8%
Median gross rent$1,899 (±$156)$2,149 (±$29)$1,762 (±$9)$1,413
Median household income$145,773 (±$9,492)$130,739 (±$2,551)$103,960 (±$527)$80,734
Median home value$611,700 (±$17,310)$683,900 (±$5,690)$562,100 (±$2,169)$332,700
Median real estate taxes (a year)$7,044 (±$252)$7,261 (±$65)$5,992 (±$18)$3,119
Built before 198041.2% (±4.2 points)67.3% (±1.0 points)67.4% (±0.4 points)49.7%
Average commute32.5 minutes (±1.8)32.5 minutes (±0.4)29.1 minutes (±0.1)26.4 minutes
Households with broadband96.7% (±1.0 points)94.8% (±0.3 points)92.8% (±0.1 points)91.0%
Median age of residents41.3 years (±1.9)40.9 years (±0.2)40.0 years (±0.1)38.9 years

Franklin Town covers 26.6 square miles of land, about 1,245 residents per square mile (Census Bureau Gazetteer).

How Franklin Town has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents33,256 (±36)33,154 (±30)−0.3%Measurable decrease
Housing units12,192 (±277)13,011 (±359)+6.7%Measurable increase
Median gross rent$1,378 (±$116)$1,899 (±$156)+37.8%No measurable change after inflation
Median home value$432,700 (±$9,692)$611,700 (±$17,310)+41.4%Up after inflation
Median household income$122,607 (±$4,209)$145,773 (±$9,492)+18.9%No measurable change after inflation
Median owner cost with a mortgage$2,465 (±$65)$2,904 (±$91)+17.8%No measurable change after inflation
Median real estate taxes$5,428 (±$199)$7,044 (±$252)+29.8%Up after inflation
Households that rent19.3% (±2.3 points)21.8% (±2.3 points)+2.5 percentage pointsNot a measurable change
Rental vacancy rate3.2% (±3.3 points)12.1% (±4.8 points)+8.9 percentage pointsMeasurable increase

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Franklin Town

In 2025, the Franklin Police Department reported 71 violent and 203 property crimes per 100,000 residents to the FBI.

Across Norfolk County, the departments that report recorded 175 violent and 838 property crimes per 100,000 residents that year.

ZIP codes in Franklin Town

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
02038100%33,154$1,899$611,700$145,773

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Franklin Town

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Bellingham3.3 mi$1,836$450,70021.1%
Wrentham3.5 mi$1,184$654,90018.0%
Bellingham (community)3.5 mi$2,009$431,20031.2%
Norfolk4.7 mi$2,019$725,2005.1%
Medway5.0 mi$1,575$617,30014.1%
Plainville6.3 mi$1,977$476,00029.6%
Millis-Clicquot6.5 mi$1,820$545,60024.2%
Millis6.6 mi$1,696$603,50016.8%

Places in Massachusetts most like Franklin Town

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Bridgewater Town$2,092$533,100$112,65124.4%
Raynham$1,749$524,400$124,01221.9%
Mansfield$1,803$603,500$125,27326.9%
Shrewsbury$2,116$592,300$139,30227.8%
Norton$1,911$501,400$124,53516.2%
Plymouth$1,933$527,400$116,94121.0%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Massachusetts.

HUD Fair Market Rent for Franklin Town, fiscal year 2027

Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$2,440$2,518$3,008$3,584$3,953

HUD income limits for Franklin Town, fiscal year 2026

Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$36,000$60,000$96,000
2 people$41,150$68,600$109,700
3 people$46,300$77,150$123,400
4 people$51,400$85,700$137,100
5 people$55,550$92,600$148,100
6 people$59,650$99,450$159,050
7 people$63,750$106,300$170,050
8 people$67,850$113,150$181,000

These are the limits HUD sets for its housing programs in the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $164,600.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Franklin Town

What is the average rent in Franklin Town, MA?

The Census Bureau publishes the median rather than the average: the median gross rent in Franklin Town is $1,899 (±$156) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Franklin Town?

The median gross rent for a one-bedroom home in Franklin Town, MA is $1,641 (±$260) a month (2020–2024 American Community Survey).

Are renters in Franklin Town rent-burdened?

47.9% of renting households in Franklin Town pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Franklin Town?

Franklin Town has an estimated 2,699 (±314) renting households, 21.8% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Franklin Town?

The median household income in Franklin Town is $145,773 (±$9,492) a year (2020–2024 American Community Survey).

What is the average home value in Franklin Town, MA?

The Census Bureau publishes the median: $611,700 (±$17,310) for owner-occupied homes in Franklin Town (2020–2024 American Community Survey).

Is Franklin Town growing?

In Franklin Town, the number of residents went from 33,256 in 2015–2019 to 33,154 in 2020–2024 (−0.3%), a measurable decrease.

What ZIP codes are in Franklin Town?

The ZIP code that covers Franklin Town is 02038.

What is the median rent in ZIP code 02038?

The median gross rent in ZIP Code Tabulation Area 02038 is $1,899 (±$156) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin Town city, Massachusetts (place:25172, in state:25).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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