PlainZIP

Franklin, MA · standard

ZIP Code 02038

Norfolk County, Massachusetts - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

31,635
459/sq mi
$145,773
Median income
$611,700
Median home value
58.1%
Bachelor's or higher

The verdict

Franklin pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 4%
household income, US ZIPs
Top 9%
home value, US ZIPs
459
people per sq mi
78%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 02038 against every reporting US ZIP.

ZIP code 02038 is a densely settled ZIP (a standard USPS delivery area) in Franklin, Norfolk County, Massachusetts, with 31,635 residents across 69.0 square miles, a density of 459 people per square mile, in the New York time zone.

ZIP 02038 skews affluent, with a median household income of $145,773 (26% above the Massachusetts average), while per-capita income is $65,125. The poverty rate stands at 5.9% and the unemployment rate at 5.2%. The typical home here is valued at $611,700 (2% above the state average); renters pay a median of $1,899 monthly, and 78.2% of units are owner-occupied.

This is a highly-educated ZIP: 58.1% of adults hold a bachelor's degree or higher, the median age is 41.3, and the average commute is 33 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 02038, plus 6 more within Norfolk County, give a clearer read than the national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 02038

Top 5 sectors by establishment count in Franklin, MA

Which industries have the most business establishments in ZIP 02038.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 02038, Franklin, MA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

31,635

Population

69.0

Area (sq mi)

459

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 02038?

41.3

Median Age

48.2%

Male

51.8%

Female

10.3%

Foreign-Born

White 83.9%
African American 2.1%
Asian 6.1%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.3%
Hispanic or Latino 5.3%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$145,773

Median Household Income

+26% vs state

$65,125

Per Capita Income

5.9%

Poverty Rate

5.2%

Unemployment Rate

32.5 min

Mean Commute Time

How ZIP 02038 ranks nationally

Franklin, MA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$145,773 Top 4% higher than 96% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). This entry sits in this band. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 74.5%
Bachelor's Degree or Higher 58.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

13,011

Total Housing Units

12,370

Occupied Units

641

Vacant Units

2.58

Avg Household Size

Occupancy Type

Owner 78.2%
Renter 21.8%

$611,700

Median Home Value

+2% vs state

$1,899

Median Rent

1985

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+6.0%

YoY Change (2024)

257

HPI Index (2000 = 100)

+157%

Total Change Since 2000

Home values in ZIP 02038 have increased 6.0% over the past year (2024). Since 2000, this ZIP has seen +157% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.2% 177
2021 +10.3% 195
2022 +13.0% 220
2023 +10.0% 243
2024 +6.0% 257

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 911 business establishments in ZIP 02038, employing approximately 15,772 people with a combined annual payroll of $991,642,000.

911

Businesses

15,772

Employees

$991.6M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Construction 128 14.1%
Retail trade 106 11.6%
Health care and social assistance 101 11.1%
Professional, scientific, and technical services 98 10.8%
Other services (except public administration) 81 8.9%
Accommodation and food services 68 7.5%
Administrative and support and waste management and remediation services 64 7.0%
Wholesale trade 48 5.3%
Real estate and rental and leasing 46 5.0%
Finance and insurance 43 4.7%
Manufacturing 39 4.3%
Transportation and warehousing 27 3.0%
Educational services 23 2.5%
Arts, entertainment, and recreation 17 1.9%
Information 15 1.6%
Management of companies and enterprises 5 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 02038 vs 02019 →

ZIP 02038 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 02038 ranks #2 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 02038 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 02038 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
02019 Bellingham, MA 16,332 3.3 mi
02053 Medway, MA 12,752 4.7 mi
02093 Wrentham, MA 10,955 3.8 mi
02056 Norfolk, MA 10,981 4.7 mi
02864 Cumberland, RI 33,396 8.0 mi
02054 Millis, MA 7,891 6.3 mi
01746 Holliston, MA 13,547 7.9 mi
02762 Plainville, MA 8,264 6.3 mi
01756 Mendon, MA 5,839 7.2 mi
02071 South Walpole, MA 1,707 7.2 mi

More ZIP Codes in Norfolk County

02169 standard
Quincy, MA
Pop: 55,055
02184 standard
Braintree, MA
Pop: 35,744
02368 standard
Randolph, MA
Pop: 32,158
02446 standard
Brookline, MA
Pop: 29,311
02062 standard
Norwood, MA
Pop: 28,602
02186 standard
Milton, MA
Pop: 27,003

Related Areas

Norfolk County Franklin, MA Massachusetts

Frequently Asked Questions

What county is ZIP code 02038 in? ▼
ZIP code 02038 (Franklin) is located in Norfolk County, Massachusetts. Norfolk County contains multiple ZIP codes, see the full list at /counties/norfolk-ma.
What is the population of ZIP code 02038? ▼
ZIP code 02038 in Franklin, MA has a population of 31,635 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02038? ▼
The median household income in ZIP 02038 is $145,773, which is 91% above the national average of $76,288.
What is the average home value in ZIP 02038? ▼
The median home value in ZIP 02038 is $611,700, which is 120% above the national average of $278,155.
What is the demographic makeup of ZIP 02038? ▼
The largest racial group in ZIP 02038 is White at 83.9%. Hispanic or Latino residents make up 5.3% of the population.
How many businesses are in ZIP code 02038? ▼
ZIP code 02038 has 911 business establishments employing approximately 15,772 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02038? ▼
The top industries by establishment count in ZIP 02038 are: Construction (128), Retail trade (106), Health care and social assistance (101). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 02038? ▼
According to the FHFA House Price Index, home values in ZIP 02038 increased by 6.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 157%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 02038? ▼
In ZIP code 02038, 74.5% of residents aged 25+ have a high school diploma or higher, and 58.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 02038? ▼
The mean commute time for workers in ZIP code 02038 is 32.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 02038? ▼
In ZIP code 02038, approximately 78.2% of occupied housing units are owner-occupied and 21.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02038? ▼
The poverty rate in ZIP code 02038 is 5.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.