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Franklin Town, MA Demographics

Franklin Town, MA Population by Gender

The total population of Franklin Town is estimated to be 32,777 with 15,656 males (47.77%) and 17,121 females (52.23%). There are 1,465 more females than males in Franklin Town.

Franklin Town, MA Median Household Income: Trends, Analysis, and Key Findings

The median household income in Franklin Town was $137,933 in 2021, which marked an an increase of 4,004(2.99%) from $133,929 in 2020. This income is 184.88% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).

Franklin Town, MA Median Household Income By Age

Per the latest American Community Survey by the Census Bureau, Franklin Town sees its highest median household income among householders in the age group of 45 to 64 years old, at $174,139. Overall, the median household income for the city of Franklin Town stands at $137,933.

Franklin Town, MA Income by Gender

In Franklin Town, the median income for all workers aged 15 years and older, regardless of work hours, was $79,232 for males and $45,270 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $110,793 for males and $82,763 for females.

Franklin Town, MA Median Household Income By Race

In Franklin Town, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $270,229, while Black or African American households represent the opposite end with the lowest median household income of $60,126.

Franklin Town, MA Population by Year

In 2022, the population of Franklin Town was 33,656, a 1.57% increase year-by-year from 2021. Previously, in 2021, Franklin Town's population was 33,136, an increase of 2.46% compared to a population of 32,341 in 2020.

Franklin Town, MA Population by Age

The median age in Franklin Town, MA is 41.0, as per 2021 ACS 5-Year Estimates. Of the total population, 16.62% were under the age of 15, 20.93% aged 15 to 29, 49.43% aged 30 to 64, 11.65% aged 65 to 84, and 1.36% were 85 years of age and older.

Franklin Town, MA Population by Race & Ethnicity

Racial distribution of Franklin Town population: 88.04% are White, 1.69% are Black or African American, 0.03% are American Indian and Alaska Native, 6.26% are Asian, 0.41% are some other race and 3.57% are multiracial.