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Franklin Town, Massachusetts

city · Norfolk County

At a glance

33,154
Population
$611,700
Median home value (all homes)
102% above U.S. median
$781,743
Typical market value
Zillow, county-wide, 2026-07
$1,899/mo
Median rent
41% above U.S. median
$145,773
Median household income
86% above U.S. median
32.5 min
Average commute
96.7%
Homes with broadband
90.12%
Locations with fiber available
5.2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 136 — 36% above the national average. how it's computed

Housing119% above
Goods & services2% above
Utilities29% above
Taxes7% below
Insurance5% above
Commute cost21% above
For business: Massachusetts is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college0 mi
Nearest community college13 mi
Nearest technical college1 mi
High school graduates97.6%
College graduates58.1%

Doing business here

Economic development contacts, most local first:

city Franklin Economic Development
Town of Franklin economic development information and services, including opportunities to expand, relocate, or explore tax increment financing, and links to the Economic Development Subcommittee (EDC) meeting agendas and minutes.
state MassDevelopment
MassDevelopment provides financing, real estate, and community development solutions to grow businesses, create opportunity, and energize cities and towns across Massachusetts. It aims to revitalize communities, expand housing, and create jobs.
state Massachusetts Alliance for Economic Development
MassEcon is a private, non-profit partnership of business, industry leaders, and government dedicated to the economic growth of Massachusetts. MassEcon's mission is to promote and champion Massachusetts as the best place to start, grow and locate a business.
State sales taxYes
State income taxYes
Right-to-work stateNo

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