Franklin County Department of Jobs and Family Services
About Franklin, MA (Franklin Northward)
Real Estate Prices and Overview
Franklin North median real estate toll is $598,404, which is more expensive than 63.1% of the neighborhoods in Massachusetts and 83.7% of the neighborhoods in the U.S.
The average rental price in Franklin North is currently $3,404, based on NeighborhoodScout's sectional analysis. The average rental cost in this neighborhood is higher than 78.0% of the neighborhoods in Massachusetts.
Franklin N is a suburban neighborhood (based on population density) located in Franklin, Massachusetts.
Franklin Due north real estate is primarily made up of medium sized (iii or four sleeping accommodation) to large (four, five or more bedroom) single-family unit homes and townhomes. Nearly of the residential real estate is owner occupied. Many of the residences in the Franklin N neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Franklin Due north, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.Due south. This means that the housing supply in Franklin Due north is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
When you meet a neighborhood for the first time, the nearly important thing is often the way it looks, similar its homes and its setting. Some places look the same, but they simply reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Real Manor
Real estate in the Franklin North neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher charge per unit of possessor-occupied housing than is found in 99.4% of U.Southward. neighborhoods. If yous are seeking to rent, this neighborhood may non have many options, but high rates of ownership ofttimes indicate stability in a neighborhood. This neighborhood has the distinction of having one of the lowest existent manor vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally potent demand for real estate in the Franklin North neighborhood, and/or an upshot with creating enough supply for the demand. This could take the outcome of increasing real estate prices, increasing supply to see demand, or both.
In improver, one way that the Franklin North neighborhood really stands out, is that it has more large 4, 5, or additional sleeping accommodation homes and existent manor than 95.1% of the neighborhoods in America. When yous walk or drive effectually this neighborhood, you'll instantly notice the size of the homes hither which definitely makes a potent visual statement.
Notable & Unique: People
According to NeighborhoodScout's exclusive analysis, Franklin North is among the best neighborhoods for families in Massachusetts. In fact, this neighborhood is more family-friendly than 99.five% of neighborhoods in the entire state of Massachusetts. Its combination of top public schools, low offense rates, and owner-occupied single family homes gives this area the look and feel of a "Get out It to Beaver" episode. Many other families also alive here, making it like shooting fish in a barrel to socialize and develop a strong sense of customs. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you lot will find all of the amenities a family unit needs to thrive in the Franklin North neighborhood. In addition to being an excellent option for families with school-aged children, this neighborhood is likewise a very good option for urban sophisticates and highly educated executives.
In addition, if you come to know the people here, yous volition recognize that yous're in the company of one of the wealthiest communities in the nation. In fact, a mere two.5% of America's neighborhoods are wealthier than the Franklin N neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially ship their children to private preparatory schools. Vacation to Disney? Yep, but equally popular are summers in Europe.
Notable & Unique: Diversity
Did y'all know that the Franklin North neighborhood has more Austrian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, i.eight% of this neighborhood'due south residents have Austrian ancestry and ii.8% have Eastern European ancestry.
Franklin Northward is also pretty special linguistically. Significantly, 6.5% of its residents five years sometime and above primarily speak Smoothen at home. While this may seem like a modest per centum, it is higher than 95.1% of the neighborhoods in America.
The Neighbors
The Neighbors: Income
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to empathize the charge per unit of people - especially children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may really have a lower childhood poverty charge per unit than some other with a higher average income, and this helps us empathise the conditions and grapheme of a neighborhood.
The neighbors in the Franklin N neighborhood in Franklin are wealthy, making information technology among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive assay reveals that this neighborhood has a college income than 97.five% of the neighborhoods in America. In add-on, half-dozen.five% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is institute in 67.5% of America's neighborhoods.
The Neighbors: Occupations
A neighborhood is far dissimilar if it is dominated by enlisted armed forces personnel rather than people who earn their living by farming. Information technology is likewise different if well-nigh of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you lot to find the blazon that fits your lifestyle and aspirations.
In the Franklin North neighborhood, 52.2% of the working population is employed in executive, management, and professional occupations. The second most of import occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (x.4%), and viii.four% in clerical, banana, and tech support occupations.
The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Franklin North neighborhood is English, spoken by 93.2% of households. Other important languages spoken here include Polish, Chinese and Langs. of Bharat.
The Neighbors: Ethnicity / Beginnings
Culture is shared learned beliefs. Nosotros learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries oft express those shared learned behaviors and this gives each neighborhood its own civilisation. Even different neighborhoods in the same city tin have drastically different cultures.
In the Franklin North neighborhood in Franklin, MA, residents most commonly identify their ethnicity or ancestry equally Irish gaelic (28.4%). In that location are also a number of people of Italian ancestry (23.8%), and residents who report English roots (ix.four%), and some of the residents are also of German beginnings (8.8%), along with some Asian ancestry residents (7.0%), amid others.
Getting to Work
Even if your neighborhood is walkable, y'all may still take to drive to your identify of work. Some neighborhoods are located where many can go to work in simply a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Franklin N neighborhood spend between 45 minutes and one hour commuting one-way to work (28.9% of working residents), longer and tougher than most commutes in America.
Here most residents (87.8%) drive alone in a individual automobile to get to work. In addition, quite a number too take the railroad train to get to work (7.three%) . In a neighborhood like this, equally in nearly of the nation, many residents discover owning a automobile useful for getting to work.
Analytics congenital by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agronomics, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.Southward. Geological Service, American Community Survey.
Engagement(s) & Update Frequency:
- Home Values, Rents: Reflects Q3 2021. Updated quarterly.
- Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more than
Median Habitation Value:
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Median Existent Estate Taxes:
Locked ( constructive rate)
Neighborhood Home Prices
Boilerplate Market place Rent:
/ per month
GROSS RENTAL YIELD:
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MEDIAN MONTHLY Rent BY NUMBER OF BEDROOMS
Neighborhood Look and Feel
Historic period OF Franklin, MA (Franklin North) HOMES
TYPE OF Franklin, MA (Franklin North) HOMES
SIZE OF Franklin, MA (Franklin Due north) HOMES
SIZE OF Franklin, MA (Franklin North) HOMES
Analytics built by: Location, Inc.
Raw information sources: American Community Survey, U.S. Bureau of the Census, U.Due south. Department of Education, 50 land departments of education, U.Due south. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local police force enforcement agencies, Federal Housing Finance Agency, U.Due south. Geological Service, National Agricultural Statistics Service.
Engagement(due south) & Update Frequency: 2019 (latest bachelor). Updated annually. Delight note: Unemployment data updated November 2021.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 1000000 raw demographic information elements from government sources into proprietary indices and insights…. Read more most Lookout man's Demographic Data
Ways Of Transport 
Vehicles Per Household
Diversity Index
(100 is the most diverse)
Ancestry (top 20)
Languages Spoken (top 20)
Per Capita Income
Median Household Income
Percentage with College Caste
Percent with Advanced Degree
Analytics built by: Location, Inc.
Raw data sources: xviii,000 local law enforcement agencies in the U.S.
Date(due south) & Update Frequency: Reflects 2020 calendar year; released from FBI in Sept. 2021 (latest bachelor). Updated annually. Where is 2021 data?
Methodology: Our nationwide meta-assay overcomes the problems inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the ix.4 1000000 reported crimes in the U.Southward, including over ii million geocoded point locations…. Read more almost Scout'south Crime Data
total Crime Index
(100 is safest)
Neighborhood Almanac Crimes
| Trigger-happy | Belongings | Total | |
|---|---|---|---|
| Number of Crimes | |||
| Crime Rate (per 1,000 residents) |
trigger-happy Criminal offense Alphabetize
(100 is safest)
Violent Criminal offense Index By Type
| Murder Index | Rape Alphabetize | Robbery Alphabetize | Assail Alphabetize |
|---|---|---|---|
100 is safest | 100 is safest | 100 is safest | 100 is safest |
Fierce Crime Comparison (per 1,000 residents)
My Chances of Becoming a Victim of a Violent Law-breaking
one in 330
in Massachusetts
Franklin Trigger-happy CRIMES
Population:
| Murder | Rape | Robbery | Assail | |
|---|---|---|---|---|
| Report Total | ||||
| Charge per unit per ane,000 |
The states VIOLENT CRIMES
Population:
| Murder | Rape | Robbery | Assail | |
|---|---|---|---|---|
| Report Total | ||||
| Charge per unit per 1,000 |
property Crime Index
(100 is safest)
Property Criminal offense Index By Type
| Burglary Index | Theft Index | Motor Vehicle Theft |
|---|---|---|
100 is safest | 100 is safest | 100 is safest |
Holding Offense Comparison (per 1,000 residents)
My Chances of Becoming a Victim of a Property Criminal offence
Franklin Holding CRIMES
Population:
| burglary | theft | motor vehicle theft | |
|---|---|---|---|
| Report Total | |||
| Rate per 1,000 |
United States Property CRIMES
Population:
| burglary | theft | motor vehicle theft | |
|---|---|---|---|
| Report Total | |||
| Rate per 1,000 |
Analytics built by: Location, Inc.
Raw data sources:
- Test Scores: Edfacts (U.Due south. Department of Education), State departments of instruction.
- Expenditures: National Middle for Education Statistics.
- Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
- Due to Covid-19, standardized testing did not take place during the 2019-2020 academic school year. Test data: Reflects 2018 – 2019 school year.
- Expenditures: 2018
- Educational Environs: 2019 (latest available). Updated annually.
- All data updated June 2021
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, and so you can directly compare the quality of schools in any location. Read more well-nigh Scout'southward School Data
School Quality
(100 is best)
Neighborhood School Quality Rating
Rates the quality of all Chiliad-12 public schools that your children would be exposed to if you lived in this neighborhood. 
| Adults In Neighborhood With College Degree Or Higher | |
|---|---|
| Children In The Neighborhood Living In Poverty |
Students Enrolled in This Commune
Schools in Commune
Students Per Classroom
District Quality Compared to Massachusetts
(x is best)
District Quality Compared to U.S. 
(10 is best)
GET FULL REPORTS FOR ANY School IN THIS DISTRICT
SEE ALL SCHOOLS
Schools In This District
Schoolhouse District Enrollment By Group
| Ethnic/racial Groups | This Commune | This State |
|---|---|---|
| White (not-hispanic) | ||
| Black | ||
| Hispanic | ||
| Asian Or Pacific Islander | ||
| American Indian Or Native Of Alaska |
| Economical Groups | This District | This Land |
|---|---|---|
| ECONOMICALLY DISADVANTAGED | ||
| FREE Tiffin ELIGIBLE | ||
| REDUCED Luncheon ELIGIBLE |
Educational Expenditures
| For This District | Per Student | Full | % Of Full |
|---|---|---|---|
| Instructional Expenditures | |||
| Back up Expenditures | |||
| Student | |||
| Staff | |||
| General Administration | |||
| School Assistants | |||
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| Other | |||
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| Total Expenditures |
Analytics congenital past: Location, Inc.
Raw information sources: U.Due south. Department of Instruction, 50 country departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Agency of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Bureau, U.S. Agency of the Demography, American Customs Survey, U.Due south. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Engagement(s) & Update Frequency:
- Real Estate Value Forecasts & Regional Analysis: Updated Quarterly
- Existent Estate Values & Trends: Q3 2021. Updated Quarterly.
- Demographics, Law-breaking Trends & Forecast: Reflects 2019 calendar yr (latest available). Updated annually.
Methodology: Scout Vision uniquely solves for investment take chances past generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block grouping) in the U.Southward. Read more
Rising Star Index
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Appreciation Potential (3 years)
RATINGS: 1=Very Low 2=Depression 3=Moderate 4=High 5=Rise Star
Blue Chip Index
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Past Appreciation and existing fundamentals
RATINGS: 1=Very Depression ii=Low 3=Moderate four=High 5=Blue Chip
SCOUT VISION Neighborhood Domicile Value Tendency and Forecast
| Time Menses | Full Appreciation | Avg. Annual Rate | Compared To Metro* | Compared To America* |
|---|---|---|---|---|
| iii Year Forecast: 2021 Q4 - 2024 Q4 | ||||
| Latest Quarter: 2021 Q2 - 2021 Q3 | ||||
| Terminal 12 Months: 2020 Q3 - 2021 Q3 | ||||
| Terminal 2 Years: 2019 Q3 - 2021 Q3 | ||||
| Last 5 Years: 2016 Q3 - 2021 Q3 | ||||
| Last 10 Years: 2011 Q3 - 2021 Q3 | ||||
| Since 2000: 2000 Q1 - 2021 Q3 | ||||
| * ten is highest | ||||
Price reward over surrounding neighborhoods
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Price advantage score
RATINGS: 1=Strong Disadvantage 2=Disadvantage 3=Like Price four=Reward 5=Strong Advantage
Neighborhood price per sqft
Average Nearby Abode Price per sqft
Access to high paying jobs
LOCKED
Jobs score
RATINGS: 1=Express 2=Below Average iii=Boilerplate 4=Very Skillful v=Excellent
Jobs within an hour
| Inside | High-paying* jobs |
|---|---|
| 5 minutes | |
| 10 minutes | |
| fifteen minutes | |
| 20 minutes | |
| 30 minutes | |
| 45 minutes | |
| hr | |
| *Annual bacon of $75,000 or more | |
Avg. Annual Homeownership Trend Over concluding v years
Avg. Almanac Hire Price Tendency Over terminal five years
Avg. Annual Vacancy Trends Over last v years
Avg. annual change in college graduates Over last 5 years
Avg. almanac change in G-12 schoolhouse performance Over last v years
Avg annual change in per capita income Over last 5 years
Avg annual alter in household income Over last v years
Avg annual change in unemployment rate Over concluding five years
| Distance from Location | Population 5 years agone | Current Population | Percent Change |
|---|---|---|---|
| Half Mile | |||
| ane Mile | |||
| 3 Miles | |||
| 5 Miles | |||
| 10 Miles | |||
| fifteen Miles | |||
| 25 Miles | |||
| 50 Miles |
Boston-Cambridge-Newton, MA-NH Metro Expanse regional investment potential
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Regional Appreciation Potential (3yr)
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High v=Very Loftier
Housing Affordability Trends: Boston-Cambridge-Newton, MA-NH Metro Area
Years of average household income needed to purchase boilerplate home
Region'south Historical Low
Region's Historical High
Electric current
Regional 1 and 2 Twelvemonth Growth Trends
| Regional Trend | Concluding ii years | Compared to Nation* | Last 1 year | Compared to Nation* |
|---|---|---|---|---|
| Population Growth | ||||
| Job Growth | ||||
| Income Trend (Wages) | ||||
| Unemployment Trend | ||||
| Stock Functioning of Region'due south Industries | ||||
| Housing Added | ||||
| Vacancy Trend | ||||
| * 10 is highest | ||||
Disclaimer
Forecasts of potential occurrences or not-occurrences of hereafter conditions and events are inherently uncertain. Bodily results may differ materially from what is predicted in any information provided by Location Inc. Zip contained in or generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future performance or prediction of real estate values. No representation is made as to the accuracy of any forecast, estimate, or projection. Location Inc. makes no express or unsaid warranty and all information and content is provided "Every bit is" without whatever warranties of any kind. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of merchantability and fitness for a item purpose. Location Inc. further disclaims whatever liability for damages, loss, or injury arising out of the use this site and the data. All risks associated with using the site and the information are borne by the user at user's sole cost and expense. Past using the site yous agree to our Terms of Apply.
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Source: https://www.neighborhoodscout.com/ma/franklin/franklin-north
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