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

Population 32,777
Median Household Income $138,062
Median Home Value $516,500
Median Rent $1,792
Median Age 42.1
Unemployment Rate 5.1%
Poverty Rate 5.5%
Bachelor's Degree or Higher 56.4%

ZIP 02038 vs. Massachusetts vs. U.S.

MetricZIP 02038MA Avg.U.S. Avg.
Population32k13k10k
Median Household Income$138k$107k$73k
Median Home Value$516k$528k$258k
Median Rent$1,792$1,563$1,088
Median Age42.144.343.2
Unemployment Rate5.1%5.0%5.0%
Poverty Rate5.5%8.7%13.3%
Bachelor's Degree or Higher56.4%47.7%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

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