What percentage of people rent in Franklin Town, MA?

21.8% (±2.3 points) of the occupied homes in Franklin Town, MA are rented (2020–2024 American Community Survey).

That is 2,699 renting households against 9,671 that own their home.

In Franklin Town, the share of households that rent went from 19.3% in 2015–2019 to 21.8% in 2020–2024 (+2.5 percentage points), not a measurable change.

Figures last updated on .

Households that rent
21.8% (±2.3 points)
Renting households
2,699 (±314)
Median renter income
$61,779 (±$11,395)

Who rents and who owns in Franklin Town

Tenure, estimate (90% margin of error)
Franklin TownNorfolk CountyMassachusettsUnited States
Renter-occupied share21.8% (±2.3 points)31.3% (±0.7 points)37.5% (±0.3 points)34.8%
Renting households2,699 (±314)88,556 (±2,152)1,043,884 (±6,942)45,017,354
Owning households9,671 (±351)194,812 (±2,140)1,741,158 (±8,598)84,210,142
Average renter household size1.8 (±0.2)2.0 (±0.0)2.1 (±0.0)2.3
Average owner household size2.8 (±0.1)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$61,779 (±$11,395)$74,159 (±$3,427)$60,987 (±$576)$52,966
Median owner household income$180,420 (±$11,915)$166,233 (±$2,455)$135,402 (±$770)$100,009

In Franklin Town, the renter share is lower than in Norfolk County (31.3%).

It is also lower than in Massachusetts (37.5%).

It is lower than the national figure (34.8%).

In Norfolk County, Franklin Town ranks 13 of 28 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 142 of 351.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Franklin Town has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent19.3% (±2.3 points)21.8% (±2.3 points)+2.5 percentage pointsNot a measurable change
Median gross rent$1,378 (±$116)$1,899 (±$156)+37.8%No measurable change after inflation
Median household income$122,607 (±$4,209)$145,773 (±$9,492)+18.9%No measurable change after inflation

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.

Households that rent in places near Franklin Town

Nearest places with a published estimate, compared with Franklin Town
PlaceDistanceHouseholds that rentCompared with this place
Franklin Town—21.8% (±2.3 points)—
Bellingham3.3 mi21.1% (±4.7 points)Not measurably different
Wrentham3.5 mi18.0% (±4.3 points)Not measurably different
Bellingham (community)3.5 mi31.2% (±10.0 points)Not measurably different
Norfolk4.7 mi5.1% (±2.7 points)Lower
Medway5.0 mi14.1% (±3.5 points)Lower
Plainville6.3 mi29.6% (±6.3 points)Higher
Millis-Clicquot6.5 mi24.2% (±6.6 points)Not measurably different
Millis6.6 mi16.8% (±3.9 points)Lower

Nearby places with a measurably lower figure: Norfolk, MA (5.1%), Medway, MA (14.1%), Millis, MA (16.8%).

Nearby places with a measurably higher figure: Plainville, MA (29.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Norfolk County, place by place

RankPlaceHouseholds that rent
7Dedham26.6% (±3.6 points)
8Canton26.4% (±3.0 points)
9Foxborough26.3% (±3.5 points)
10Stoughton25.9% (±3.1 points)
11Avon24.3% (±8.1 points)
12Braintree Town22.4% (±2.4 points)
13Franklin Town21.8% (±2.3 points)
14Bellingham21.1% (±4.7 points)
15Wrentham18.0% (±4.3 points)
16Cohasset17.0% (±4.4 points)
17Needham16.9% (±2.1 points)
18Millis16.8% (±3.9 points)
19Walpole16.5% (±2.6 points)

Showing 13 of 28 places in Norfolk County, ranked from highest to lowest.

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in Franklin Town

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Questions about Franklin Town

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).

Is renting growing in Franklin Town?

In Franklin Town, the share of households that rent went from 19.3% in 2015–2019 to 21.8% in 2020–2024 (+2.5 percentage points), not a measurable change.

How big are renting households in Franklin Town?

A renting household in Franklin Town has 1.8 people on average, against 2.8 in an owned home.

How much do renters earn in Franklin Town?

The median renting household in Franklin Town, MA has an income of $61,779 (±$11,395) a year, against $180,420 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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