⚡ Featured Deal
Essentials for Your New Home
🛒 Shop This Deal NowAs an Amazon Associate I earn from qualifying purchases.
Franklin, MA Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$140/mo
$80/mo
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1500/mo |
| 2 Bedrooms | $1900/mo |
| 3 Bedrooms | $2500/mo |
| Median Home Price | $430,000 |
| Property Tax Rate | 1.23% |
| Avg Childcare/mo | $1200 |
The housing market in Franklin is competitive, with a mix of older and newer homes available. The town has seen significant growth in recent years, with many new developments and renovations. As a result, prices have increased, but the town still offers a range of options for buyers and renters.
Cost of Living
118
+10% above national average
105
92
102
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6.25% |
| Property Tax Rate | 1.23% |
| <p>State 5.2% + No County tax + No City tax</p> | |
Massachusetts has a flat state income tax rate of 5.2%, with no local income taxes.
Family & Relocation
60
7.5/10
$1200/mo
City Pulse
Franklin has a relatively walkable downtown area, with some sidewalks and crosswalks, but public transportation options are limited, making it challenging for families with strollers to get around without a car.
- Franklin Public Library
- Franklin Town Forest
- Petti Nature Preserve
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Franklin based on your household profile.
📰 Live Local News
Franklin has regulations in place to preserve its historic districts and natural resources, and residents are encouraged to recycle and conserve water.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Franklin — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Franklin fluctuate significantly by season, with higher electricity bills in the summer due to air conditioning and higher gas bills in the winter due to heating. Residents can expect to pay around 20-30% more for utilities during the peak summer and winter months.
🏛️ Local Tax Details
The ZIP code 02038 has a property tax millage rate of 18.45, with no local surtaxes.
👶 Family & Stroller Friendliness
6/10, with explanation: Franklin has some sidewalks and crosswalks, but they can be uneven and narrow in some areas, making it challenging for strollers. However, the town has several parks and playgrounds with accessible paths and amenities, and some businesses are stroller-friendly.
Massachusetts Living Report — July 27, 2026
With a population just shy of seven million, Massachusetts presents a classic trade-off for anyone considering a move:...
Read more →
Massachusetts Living Report — July 26, 2026
Considering a move to Massachusetts means weighing its reputation for top-tier education and historic charm against a notoriously...
Read more →
Massachusetts Living Report — July 25, 2026
For anyone considering a move to Massachusetts, the state presents a compelling but costly proposition. Home to nearly...
Read more →
Massachusetts Living Report — July 24, 2026
With a population of just under seven million—6,984,205 to be precise—Massachusetts is one of the most densely populated...
Read more →
Get your home essentials, storage, and moving supplies delivered.
Shop Moving EssentialsAs an Amazon Associate I earn from qualifying purchases.