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AREA INFORMATION

02038 (Franklin, MA)

Explore the real estate in 02038 (Franklin, MA)

Area Highlights

02038 (Franklin, MA) residents have a median age of 40.9 years old, with employment highest in the education and administrative support industries.

33,271 Population

The population has increased by 0.1% since the year 2010.

12,479 Households

$133,166 /yr
Median Household Income

$732,450
Median Home Sale Price

29m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

40.9 Median Age

Average Household Size

2.6
persons per
household

61.5%

Married Households

Community Population By Education

Bachelors Degree 31%
Graduate Degree 25%
High School Graduate 17%
Some College 16%
Associates Degree 9%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 31.41% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
36.8% of households have children

Economics

$133,166 /yr
Median Household Income
$732,450
Median Sales Price
29 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 26.73% of the households.

Transportation to Work

  • Drive 76%
  • Work from Home 19%
  • Public Transit 4%
  • Walk or Bike 2%

Occupancy by Type

Owned 9,845 76%
Rented 2,634 20%
Vacant 522 4%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 40.9 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 85%
Asian 6%
Hispanic 4%
Black 2%
Other 1%
Native American <1%
The most prevalent ethnicity is White at 85%, followed by Asian at 6%, Hispanic at 4%, and Black at 2%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

83° July
Hottest Average Month
16° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
36°
Feb
17°
38°
Mar
26°
47°
Apr
35°
58°
May
45°
69°
Jun
55°
78°
Jul
60°
83°
Aug
59°
81°
Sep
50°
74°
Oct
39°
63°
Nov
31°
51°
Dec
21°
40°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$250,000
For sale
1.31 acres

0 Elm Street
Franklin, MA 02038

$999,000
For sale
4 beds • 3 baths • 1 half baths • 4,090 sqft

3 Sherborn Lane
Franklin, MA 02038

$599,900
For sale
2 beds • 2 baths • 1 half baths • 2,206 sqft

10 Birchtree Cir 10
Franklin, MA 02038

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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