Franklin is located close to the center of Massachusetts. Franklin is part of Norfolk County. As of 2005-2009, the total Franklin population is 31,247, which has grown 5.71% since 2000. The population growth rate is higher than the state average rate of 4.85% and is much lower than the national average rate of 11.61%. Franklin median household income is $89,115 in 2005-2009 and has grown by 25.21% since 2000. The income growth rate is lower than the state average rate of 34.34% and is lower than the national average rate of 27.36%. Franklin median house value is $398,400 in 2005-2009 and has grown by 75.43% since 2000. The house value growth rate is about the same as the state average rate of 77.65% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Franklin is much better than the state average in quality. The Franklin area codes are 508, 774.