Franklin is a medium-sized city located in the state of Massachusetts. With a population of 33,656 people and seven associated neighborhoods, Franklin is the 52nd largest community in Massachusetts.
Housing costs in Franklin are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Also of interest is that Franklin has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 19.10% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Franklin is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Franklin’s overall crime rate is lower than average for the country.
One downside of living in Franklin is that it can take a long time to commute to work. In Franklin, the average commute to work is 34.13 minutes, which is quite a bit higher than the national average.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Franklin. 55.61% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Franklin in 2022 was $61,841, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $247,364 for a family of four.
Franklin is a somewhat ethnically-diverse city. The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be White, followed by Asian. Important ancestries of people in Franklin include Irish, Italian, English, German, and French Canadian.
The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Chinese.