02038 ZIP Code – Franklin, Massachusetts
ZIP code 02038 is a large ZIP code located in Franklin, Massachusetts, within Norfolk County with a population of approximately 32,777 residents. The median household income is $138,062 — above the Massachusetts average and well above the national average. Median home values of $516,500 are well above the national average, with 78.2% owner-occupied housing (decreasing). , and the median rent of $1,792 is well above the national average. Housing consists of 75% single-family (decreasing), 16% apartments (decreasing), 9% duplex/multi-family.
The unemployment rate is 5.1%, near the national average. About 5.5% of residents live below the poverty line, well below the national rate. About 56.4% of residents have completed a four-year degree, well above the national rate. At 42.1, the median age is near the national figure. Nearby ZIP codes include 02019, 02093, 02056.
ZIP Code 02038 Data
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ZIP 02038 vs. Massachusetts vs. U.S.
| Metric | ZIP 02038 | MA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 32k | 13k | 10k |
| Median Household Income | $138k | $107k | $73k |
| Median Home Value | $516k | $528k | $258k |
| Median Rent | $1,792 | $1,563 | $1,088 |
| Median Age | 42.1 | 44.3 | 43.2 |
| Unemployment Rate | 5.1% | 5.0% | 5.0% |
| Poverty Rate | 5.5% | 8.7% | 13.3% |
| Bachelor's Degree or Higher | 56.4% | 47.7% | 26.9% |
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Nearby ZIP Codes
- 02019 – Bellingham
- 02093 – Wrentham
- 02056 – Norfolk
- 02053 – Medway
- 02054 – Millis
- 02762 – Plainville
- 01747 – Hopedale
- 01504 – Blackstone
- 01756 – Mendon
- 02071 – South Walpole
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 02019 | BELLINGHAM | 17,025 | $116,152 |
| 02093 | WRENTHAM | 12,173 | $151,833 |
| 02056 | NORFOLK | 11,527 | $182,716 |
| 02053 | MEDWAY | 13,164 | $165,614 |
| 02054 | MILLIS | 8,565 | $140,816 |