Interested in purchasing investment houses in the 02038 zip code in Franklin, MA?
The zip code 02038 is in Norfolk county with a latitude of -71.411270000000 and longitude of 42.086230000000, is in the state of Massachusetts. The average asking price of houses and condos is $393,694.00 and the average sale price was $359,922.00. this regions is classified as the Boston metro area and consists of the following area codes: 508 and 774. The location in degrees is 42° 5' 10.428" N, 71° 24' 40.572" W. The county F.I.P.S. is 25021. The total land area is 26.6 square miles and the water area is 0.4 square miles. The elevation in this area is 180 - 305 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 02038 is in county number 021 and is L. Sector 00, L. Segment 06, H. Sector 06, and H. Segment 06. The population was 33,618 in 2019 and 31,635 in 2010. Of this, the break down in 2019 was 31,716 urban and 1,901 rural. This further breaks down to 16,188 males (48.2%) and 17,430 females (51.8%). The median age of residents is 41.5 years. The population of the greater Boston-Cambridge-Quincy, MA-NH area is 4,568,927. The population density (people per square mile) is 1,263. This zip code has a combined total of 12,392 houses and condos. There are 2,341 rented appartments. 19% of residents rent versus the 19% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $92,922 and the average salary is $85,814. The median household income of individuals is $96,387.00 and the average is $110,210.00. This zip code has a mean commute time to work of 37.6 minutes. The unemployment rate is 3.6%. Income earners by percent breakdown as 21.50% (Under $50,000), 30.30% ($50,000-$100,000), and 48.20% earn over $100,000. 3.7% of residents live below poverty line versus the 9.4% in the state that are below this line. The cost of living index is 133.6. The educational breakdown is 98.8% have a high school education or higher, 57.5% have a bachelor's degree or higher, and 24.6% have some kind of profesional degree.
This area has 10,995 households and the average size is 2.7 people. Individuals who are single and have never been married are 28.8%, 57.3% are now married, 1.0% are separated, 4.6% are widowed, and 8.2% are divorced. The average yearly contribution amount given by people to charity was $2,456 versus the state average of $4,208. The percent of residents who gave to charity was 45.0%.
The estimated median value of houses and condos is $478,457. The median monthly owner costs of mortgage holders was $2,486, where as the costs for those who don't have a mortgage are $964. The median number of rooms in houses and condos are 7.5 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $5,663. In comparision, the average real estate tax percent rate in the state is 1.2% which equated to an average real estate tax amount payment in the state of $4,899. The median housing property tax percent for residents with mortgages was 1.2% which amounted to an average tax amount of $5,817. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $5,181. Reported taxable interest for persons was $1,025, dividends $4,534, capital gains +$7,181, and itemized deductions $26,948. The average earned income tax credit is $1,630. The percent of individuals that use a tax preparer is 52.8%. The total average income taxes paid by individuals was $12,814. Businesses reported an average profit of $18,515.
LongHorn Steakhouse
250 Franklin Village Dr, Franklin, MA 02038
Rome Restaurant
4 E Central St, Franklin, MA 02038
Tavia Corporation
20 Pleasant St, Franklin, MA 02038
The Chateau
466 King St, Franklin, MA 02038
Pepper Terrace Thai Cuisine
400 Franklin Village Dr, Franklin, MA 02038
Thai Star Corp
396 Old Farm Rd, Franklin, MA 02038
Maguro House
29 E Central St, Franklin, MA 02038
Ichigo Ichie
837 W Central St, Franklin, MA 02038
Joe's American Bar & Grill
466 King St, Franklin, MA 02038
Jimmy D's
338 Union St, Franklin, MA 02038
Alumni Restaurant & Bar
391 E Central St, Franklin, MA 02038
3 Restaurant
461 W Central St, Franklin, MA 02038
Union Street Grill
371 Union St, Franklin, MA 02038
Ninety-Nine Restaurant and Pub
847 W Central St, Franklin, MA 02038
King Street Cafe
390 King St, Franklin, MA 02038
Gerry's Place
147 Pond St, Franklin, MA 02038
GlenPharmer Distillery
857 9th Ave, Franklin, MA 02038
Incontro Restaurant
860 W Central St, Franklin, MA 02038
Santa Fe Burrito Grill
28 W Central St, Franklin, MA 02038
Dharani Grill
14 E Central St, Franklin, MA 02038
Outback Steakhouse
275 N Main St, Bellingham, MA 02019 (3.9 miles away)
Luciano's Restaurant
800 Washington St, Wrentham, MA 02093 (4 miles away)
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