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Franklin Town city, Massachusetts Demographics & Population 2026

As of 2026, Franklin Town city, Massachusetts has a total population of 33,067, the 45th largest city in Massachusetts, with a median household income of $142,788, which is 41% higher than the state average. The poverty rate is 5.5%.

Key Takeaways

Franklin Town city Quick Facts

Population 33,067
Median Household Income $142,788
Median Home Value $567,100
Poverty Rate 5.5%
Unemployment Rate 5.1%
Median Age 42.1 years
Homeownership Rate 78.3%
Affordability Ratio 4.0x
Bachelor's Degree or Higher 56.4%
High School Graduation Rate 97.2%
Diversity Index 29/100
Population 33,067 45th of 248
Median Income $142,788 top 20%
Poverty Rate 5.5% 56% lower national
Median Home Value $567,100 average

How Franklin Town city Compares

Economy & Housing

Employment

5.1% Unemployment Rate State: 5.1% | National: 5.2%
70.8% Labor Force Participation

Housing Overview

Owner 78.3%
Renter 21.7%
Affordability Index Moderate
4.0x home value to income ratio

People & Demographics

Diversity Index

29out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 60

Education

Franklin Town city Rankings in Massachusetts

#45 Population of 248
#33 Median Income of 248
#70 Education of 248
#98 Home Value of 248

Other Cities in Norfolk County

CityPopulationMedian IncomePovertyHome Value
Quincy city 101,361 $95,711 11.4% $598,100
Weymouth Town city 57,786 $100,077 7.7% $516,200
Braintree Town city 38,762 $125,305 5.2% $623,200
Randolph Town city 34,683 $103,129 7.4% $463,500

Cities Similar to Franklin Town city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Watertown Town city35,270$123,422$737,60067.2%6.1%
Melrose city29,488$126,854$796,10062.0%3.7%
North Attleborough Town city30,842$109,426$462,70046.8%5.4%
Randolph Town city34,683$103,129$463,50034.7%7.4%
Braintree Town city38,762$125,305$623,20047.1%5.2%

Population Overview

Franklin Town city is a mid-sized community located in Massachusetts, within Norfolk County. The total population is 33,067. It ranks as the 45th most populous out of 248 cities and towns in Massachusetts.

Age Demographics

The median age in Franklin Town city is 42.1 years. This is 5% higher than the state median of 40.0 years.

Economy, Income & Housing

The median household income in Franklin Town city is $142,788. This is 41% higher than the state median of $101,341. Compared to the national median of $78,538, household income here is 82% higher. The poverty rate stands at 5.5%. This is 45% lower than the state poverty rate of 10.0%. The unemployment rate is 5.1%. The median home value is $567,100. Housing costs are 8% higher than the state median of $525,800. The home-value-to-income ratio is 4.0x. 78.3% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Franklin Town city is White (non-Hispanic), making up 83.8% of the population. Asian residents account for 6.1%. The Black or African American population (2.0%) is well below the state average of 6.5%. The Hispanic or Latino population (5.0%) is well below the state average of 12.9%.

Education

56.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% higher than the state rate of 46.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.2%. Notably, 24.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Franklin Town city, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Franklin Town city, Massachusetts?

Franklin Town city, Massachusetts has a population of 33,067 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklin Town city, MA?

The median household income in Franklin Town city is $142,788, which is 82% higher the national median of $78,538.

What is the poverty rate in Franklin Town city, MA?

The poverty rate in Franklin Town city is 5.5%. This means approximately 1,762 residents live below the federal poverty line.

What is the racial makeup of Franklin Town city, Massachusetts?

Franklin Town city's population is 83.8% White, 2.0% Black, 5.0% Hispanic/Latino, and 6.1% Asian.

What is the median home value in Franklin Town city, MA?

The median home value in Franklin Town city is $567,100. The home-value-to-income ratio is 4.0x.

How educated is Franklin Town city, Massachusetts?

56.4% of adults (25+) in Franklin Town city hold a bachelor's degree or higher, and 24.4% hold a graduate or professional degree.