02038 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 02038 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMassachusetts
CityFranklin
Time ZoneAmerica/New_York
Geo Location42.08622, -71.41126
Population33057
Size68.996 square miles
Median Family Income$160000.00
Median Home Value$450800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 02038 zip code. The total population is 33057, of which, 15806 are male and 17251 are female. With a total area of 68.996 square miles, the population density is 482 people per square mile. The median age of the population is 41 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201131317
201231760
201332064
201432393
201532731
201632873
201732843
201833022
201933256
202033644
202133057

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 13484.1%
Age 5-916244.9%
Age 10-1425227.6%
Age 15-19333310.1%
Age 20-2421376.5
Age 25-2914494.4%
Age 30-3419956%
Age 35-3916575%
Age 40-442119 6.4%
Age 45-4924457.4%
Age 50-54344610.4%
Age 55-5926207.9%
Age 60-6420596.2%
Age 65-6912403.8%
Age 70-7414784.5%
Age 75-797522.3%
Age 80-843821.2%
Age 85 and over4511.4%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 10.9 %
  • Speaks Spanish: 2.1 %
  • Speaks Other Indo-European Language: 4.2 %
  • Speaks Pacific Island Languages: 4.1 %
  • Speak Other Languages: 0.5 %
Marital Status: 
  • Currently Married: 56.4 %
  • Divorced: 6.9 %
  • Separated (not divorced): 1.4 %
  • Never Married: 30.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 02038 zip code is $160000. This is 86.75% greater than the national average. This income places 5.5% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $34725. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.00161
$10,000.00 – $14,999.00117
$15,000.00 – $24,999.00193
$25,000.00 – $34,999.00152
$35,000.00 – $49,999.00241
$50,000.00 – $74,999.00722
$75,000.00 – $99,999.00793
$100,000.00 – $149,999.001738
$150,000.00 – $199,999,001776
$200,000.00 +3021

YearMedian Family Income ($ USD)
2011109602
2012115470
2013119957
2014122333
2015129423
2016127639
2017137130
2018139063
2019148762
2020148002
2021160000

Income Source# of Households
Wage or Salary9946
Self Employment1303
Social Security3021
Dividends, Interest, or Rental3236
Retirement2610
Other1556

Total Insured & Uninsured Individuals: 
  • Families Insure: 32642
  • Families Uninsured: 327
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2610
  • No retirement income: 9508

Education

In the 02038 zip code, 97.4% of individuals over 25 years old have a high school degree or higher, and 54.7% have a bachelors degree or higher. Additionally, 29.5% of individuals 3 years and older are in private school, and 70.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 02038 zip, there are an estimated 19326 people in the labor force, of which, 18330 are employed, and 996 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 35.3 minutes. Of the total people that work, 2907 worked from home and 17806 commuted. The average number of hours worked is 37.3. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts10451
Services2075
Sales and Office3825
Construction and Maintenance:1005
Transportation and Material Moving974





Housing

The median home value for the 02038 zip code is 450800. There is an estimated  12118 number of occupied housing units, the median gross rent in is $1519 per month, and the average monthly housing costs are estimated to be $2049. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000211
$50,000 – $99,00025
$100,000 – $149,99983
$150,000 – $199,999178
$200,000 – $299,999715
$300,000 – $499,9995008
$500,000 – $999,9993423
$1,000,000+50

Home Year BuiltNumber of Homes
2020 or Later4
2010 – 2019905
2000 – 20091218
1980 – 19995015
1960 – 19792264
1940 – 19591177
1939 or earlier1535

The median number of rooms in all housing units is 6.6 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500168
$500 – $999366
$1,000 – $1,499635
$1,500 – $1,999615
$2,000 – $2,499412
$2,499 – $2,99967
$3,000 + 122

Monthly Housing Costs ($)Number of Households
Less than 300146
300-49984
500-799803
800-999931
1000-14992197
1500-19991666
2000-24992176
2500-29991749
3000+2326

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%3466
20%-24.9%1512
25%-29.9%618
30%-34.9%455
35+%1182



# of VehiclesHouseholds
None440
13177
25781
3+2720
Home Heating Characteristics: 
  • Utility Gas: 62.9 %
  • Bottle Tank or LP Gas: 3.4 %
  • Electricity: 13.9 %
  • Oil or Kerosene etc: 18.9 %
  • Coal or Coke: 0 %
  • All Other: 0.7 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.