| ZIP Code | 02038 |
|---|---|
| City | Franklin |
| State | Massachusetts (MA) |
| County | Norfolk County |
| Area Code | 508/774 |
| Elevation | 268 ft |
| Latitude | 42.084858 |
|---|---|
| Longitude | -71.410571 |
| Timezone | New York (DST) |
| FIPS | 25021 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.1 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.59 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 65.5% ▲ 69% above avg |
| Unemployment | 5.1% ≈ Avg |
| No HS Diploma | 86 (0.4%) |
| HS Graduate | 3,792 (18%) |
| Some College | 1,210 (5.8%) |
| Associates | 2,163 (10.3%) |
| Bachelors | 2,193 (10.4%) |
| Graduate Degree | 11,567 (55.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $142,788 ▲ 87% above avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $567,100 ▲ 103% above avg ↑ 31% since 2019 |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $1,856/mo ↑ 35% since 2019 |
| Total Units | 12,889 |
| Vacant Units | 550 |
| Avg HH Size | 2.59 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 12,889 |
|---|---|
| Vacant | 550 |
| Owner Occupied | 78.4% |
| Renter Occupied | 21.7% |
| Avg HH Size | 2.59 |
ZIP code 02038 is located in Franklin, Massachusetts, within Norfolk County. With a population of 33,067, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.1 years. Economically, 02038 is a upper-middle-income ZIP code: the median household income of $142,788 is significantly above the national average.
Real estate in ZIP code 02038 represents a premium housing market. The median home value of $567,100 is more than double the national average. Renters can expect to pay around $1,856 per month in median rent. Homeownership is strong here — 78.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 02038 is primarily White (83.76%). Residents are highly educated — 65.5% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 5.3%. Household income has grown by 16% since 2019.
The unemployment rate in 02038 stands at 5.1%, which is near the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 02038 in Franklin, MA is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 33,067 residents, a median household income of $142,788, and a median home value of $567,100, it offers a clear picture of life in this part of Massachusetts.