Franklin Town, Massachusetts

Moving to or Living in Franklin Town Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Franklin Town, Massachusetts
Moving to Franklin Town In Massachusetts ? Find out the best and worst about to live, raise a family or retire in Franklin Town, the Pros and Cons of Living in Franklin Town.

Explore the life in Franklin Town based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Franklin Town
  2. Pros and Cons of Living In Franklin Town
  3. Crime In Franklin Town
  4. Cost of Living In Franklin Town
  5. Gender In Franklin Town
  6. Household Income For Franklin Town
  7. Education In Franklin Town
  8. Race & Ethnicity In Franklin Town
About Franklin Town, Massachusetts
Is Franklin Town, Massachusetts a good place to live?
Franklin Town is a city in Massachusetts state in USA with a population of 33644 residents.. The poverty rate of Franklin Town is 5.3%, which is 62% lower than national average. The typical household in Franklin Town earns $118193 a year, compared to the national median of $67,500. Nearly 19.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Franklin Town, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Franklin Town remained 4.2%, which is 11% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Franklin Town, only 55% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Franklin Town is 141, which is 41% higher than national average. Median home value in Franklin Town is $432800 , which is 88% higher than national average. While median income in Franklin Town remained $118193, which is 75% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
33644
Unemployment
4.2%
11% NAT AVG.
Poverty
5.3%
62% NAT AVG.
Overall Score
6
Median Home
$432800
88% NAT AVG.
Median Income
$118193
75% NAT AVG.
Median Rent
$1468
27% NAT AVG.
Cost Of Living
141
41% NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 24
People Earning < $10,000
1 in 43
People Earning < $50,000
19.7%
People with <= High School
1 in 4.8
People With Any Degree
1 in 1.6
Pros & Cons Overview

Jobs85%

Housing90%

Affordability80%

Safety85%

Amenities85%

Diversity60%

Education95%

Commute30%


Cost of Living
Expense Franklin Town Massachusetts National Avg.
Services 128 119 100
Groceries 112 112 100
Health 119 123 100
Housing 181 164 100
Transportation 115 109 100
Utilities 121 116 100
Cost of Living
Gender
Gender Franklin Town Massachusetts Country
Female 52% 51.5% 50.8%
Male 48% 48.5% 49.2%
Gender

Household Income


Income Franklin Town Massachusetts Country
Less than $10,000 2.3% 5% 5.8%
$10,000 to $14,999 2.6% 4.1% 4.1%
$15,000 to $24,999 4.7% 6.8% 8.5%
$25,000 to $34,999 4.4% 6.4% 8.6%
$35,000 to $49,999 5.7% 9% 12.0%
$50,000 to $74,999 11.8% 13.9% 17.2%
$75,000 to $99,999 11.5% 12% 12.8%
$100,000 to $149,999 18.1% 18% 15.6%
$150,000 to $199,999 14.2% 10.6% 7.1%
$200,000 or more 24.7% 14.2% 8.3%
Education


Education Franklin Town Massachusetts Country
< 9th Grade 1% 3% 5.0%
9-12th Grade 2% 5% 7.0%
High School or GED 18% 24% 27.0%
Other College 16% 15% 20.0%
Associate's Degree 8% 8% 9%
Bachelor's Degree 31% 25% 20.0%
Master's Degree 18% 14% 9.0%
Professional Degree 2% 3% 2.0%
Doctorate Degree 4% 3% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Franklin Town Massachusetts Country
White 87.6% 70.8% 60.1%
African American 1.4% 6.8% 12.2%
American Indian 0% 0.1% 0.6%
Asian 5.9% 6.7% 5.6%
Hawaiian 0% 0% 0.2%
Other 0.1% 0.8% 0.3%
Multiracial 2.3% 2.7% 2.8%
Hispanic 2.7% 12% 18.2%
Race / Ethnicity