HomeMassachusettsNorfolk CountyFranklin Town city
Franklin Town city, Massachusetts: commercial real estate data.
Franklin Town city is a Census city of 33,154 people across 26.64 square miles of land, in Norfolk County. Median household income is $145,773, 78.2 percent of occupied homes are owned, and the SBA record carries 67 7(a) approvals to borrowers here worth $11.4 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Franklin Town
What Franklin Town is
- Census place typecity
- Land area26.64 sq mi
- Water area0.39 sq mi
- Population per square mile of land1,245
- County holding the largest share of its areaNorfolk County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Town
How many people live in Franklin Town
- Population33,154
- Median age41.3
- Population under 187,000
- Share under 1821.1 percent
- Population 65 and over4,872
- Share 65 and over14.7 percent
- Households12,370
- Family households9,088
- Share of households that are families73.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Town
Income and work in Franklin Town
- Median household income$145,773
- Per capita income$65,125
- Civilian labor force19,389
- Employed18,386
- Unemployed1,003 plus or minus 322
- Unemployment rate5.2 percent plus or minus 1.7
- Adults 25 and over22,567
- Adults 25 and over with a high school diploma or higher97.6 percent
- Adults 25 and over with a bachelor degree or higher58.1 percent
- Adults 25 and over with a graduate degree24.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Town
Housing in Franklin Town
- Housing units13,011
- Occupied units12,370
- Vacant units641 plus or minus 183
- Vacancy rate4.9 percent plus or minus 1.4
- Owner occupied9,671
- Renter occupied2,699
- Ownership rate78.2 percent
- Median owner-occupied home value$611,700
- Median gross rent, monthly$1,899
- Annual rent as a share of median income15.6 percent
- Single family units9,416
- Share single family72.4 percent
- Units in buildings of two or more3,558
- Share in buildings of two or more27.3 percent
- Mobile homes27 plus or minus 32
- Median year structure built1985
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Town
How Franklin Town gets to work
- Workers 16 and over who commute13,986
- Commuting under 15 minutes3,365
- Share commuting under 15 minutes24.1 percent
- Commuting 30 minutes or more7,462
- Share commuting 30 minutes or more53.4 percent
- Drove alone67.7 percent
- Carpooled3.9 percent plus or minus 1.2
- Public transport3.0 percent plus or minus 0.9
- Walked1.7 percent plus or minus 0.6
- Worked from home22.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin Town
SBA loans in Franklin Town (7(a))
- Approvals67
- Gross approval$11,367,700
- Average approval$169,667
- Median approval$63,000
- Ninetieth percentile approval$500,000
- Largest approval$1,163,000
- Jobs supported497
- Jobs per approval7.4
- Loans with a final outcome20
- Paid in full19
- Charged off1
- Charge-off rate over resolved loans5.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises10.4 percent
- Distinct lenders22
- Distinct industries by NAICS34
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin Town
SBA loans in Franklin Town (504)
- Approvals17
- Gross approval$13,306,000
- Average approval$782,706
- Median approval$392,000
- Largest approval$3,361,000
- Jobs supported121
- Loans with a final outcome3
- Charged off0
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Norfolk County, not Franklin Town
Norfolk County context, not Franklin Town figures
These are Norfolk County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Franklin Town measurements.
- Establishments in Norfolk County20,745
- Employment at those establishments, Norfolk County337,287
- Covered employment, Norfolk County346,327
- Average annual pay, Norfolk County$84,497
- Average weekly wage, Norfolk County$1,625
- Housing units permitted, Norfolk County1,224
- Of those, single family, Norfolk County647
- County product, 2024, Norfolk County$75,071,231,000
- County product change over the prior year, Norfolk County5.1 percent
- Average income of an arriving household, Norfolk County$141,216
Every figure in this section is published for Norfolk County as a whole and is not a measurement of Franklin Town. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Franklin Town questions, answered from the record.
How many people live in Franklin Town, Massachusetts?
33,154, in 12,370 households. Franklin Town city covers 26.64 square miles of land, which is 1,245 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Franklin Town in?
Norfolk County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Franklin Town?
$145,773. The median owner-occupied home is valued at $611,700. Median gross rent is $1,899 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Franklin Town businesses?
67 7(a) approvals totalling $11.4 m, across 22 lenders, median approval $63,000, plus 17 504 approvals worth $13.3 m. These count approvals to borrowers whose address is in Franklin Town, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Franklin Town borrowers get paid back?
Of the 20 loans that have reached a final outcome, 19 were paid in full and 1 charged off, a charge off rate of 5.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Franklin Town figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Norfolk County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Franklin Town.
Is zoning published for Franklin Town?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.