Franklin County, Massachusetts Income Statistics
Franklin County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
Franklin County Around averageAmong the 5 least wealthy counties in Massachusetts
Source: Map AI Methodology
Income Statistics Overview
| Metric | Franklin County | Massachusetts Avg | US Average |
|---|---|---|---|
| Median Household Income | $74,921 | $104,336 | $80,455 |
| Median Personal Income | $59,740 | $80,230 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.9% | 4.8% |
| Six-Figure Earners | 10.9% | 20.6% | 13.9% |
| $200k+ Households | 8.6% | 22.3% | 13.2% |
The median household income in Franklin County is about 28% lower than in Massachusetts. Income has been growing slower in Franklin County (3.6%/yr) than in Massachusetts (4.9%/yr).
About 11% of adults in Franklin County earn six figures ($100,000 or more) a year, lower than the Massachusetts average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Franklin County, Massachusetts grew by 43.9% from 2009 to 2024, reaching $74,921 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Franklin County
| Metric | Franklin County | Massachusetts Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.504 | 0.531 | 0.552 |
| Male Median Income | $67,472 | $90,842 | $69,667 |
| Female Median Income | $60,471 | $75,629 | $56,850 |
| Gender Pay Gap | 10.4% | 16.7% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Franklin County, it is 0.504, lower than Massachusetts's 0.531, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 12% more than women's income in Franklin County, Massachusetts. Over a 35-year career, a 12% wage gap accumulates to roughly $245,035 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Franklin County, Massachusetts has narrowed from about 18% to 10% in 2024. Over that period the gap was narrowest at 8% in 2023. In dollar terms, the gap has narrowed by $1,195 since 2009.
Employment
| Metric | Franklin County | Massachusetts Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 5.1% | 5.2% |
| Working from Home | 15.1% | 18.6% | 15.0% |
| Commute time (minutes) | 20 | 25 | 22 |
Approximately 2,038 people are unemployed in Franklin County, Massachusetts.
The average commute time in Franklin County is 20 minutes, shorter than the 25 minutes in Massachusetts.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Franklin County, Massachusetts has fallen from 7.8% to 5.4% in 2024. Over that period the rate peaked at 8.1% in 2013 and fell as low as 4.9% in 2019.
Franklin County, MA Wealth Compared With Nearby Counties
Franklin County, MA is the 5th largest of the 6 counties compared here, 70,937 residents against a local median of 129,358. Where Franklin County, MA breaks from the counties next to it is income growth, sitting 20% below the local median of 4.5%/yr at 3.6%/yr. That is the weaker end of the local range on this measure.
The counties themselves sit within 0.5%/yr of each other on income growth, a tighter band than the gap between any of them and Franklin County, MA, which makes it a genuine outlier here rather than one end of a wide local spread. Franklin County, MA has the 6th highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Franklin County, MA | 70,937 | $74,921 #4/6 | 3.6%/yr #6/6 | 5.4% #5/6 | 0.504 #1/6 |
| Hampshire County, MA | 161,946 | $87,740 | 4.3%/yr | 5.0% | 0.567 |
| Windham County, VT | 45,878 | $72,854 | 4.6%/yr | 4.8% | 0.509 |
| Hampden County, MA | 462,481 | $71,193 | 4.2%/yr | 6.0% | 0.546 |
| Cheshire County, NH | 77,281 | $82,926 | 4.5%/yr | 3.3% | 0.506 |
| Berkshire County, MA | 129,358 | $76,040 | 4.7%/yr | 5.4% | 0.519 |
Conclusion
Considering all these factors, Franklin County, Massachusetts has an overall wealth index grade of B, making it about on par with Massachusetts, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Franklin County, Massachusetts.
How Rich Is Franklin County, Massachusetts?
Franklin County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $74,921, about 28% lower than the Massachusetts average of $104,336.
How has median household income changed in Franklin County, Massachusetts?
Between 2009 and 2024, the median household income in Franklin County, Massachusetts rose 44%, from $52,066 to $74,921. Over the same years, income here lagged behind Massachusetts as a whole: +44% against +61%.
What was the median household income in Franklin County in 2023?
In 2023, the median household income in Franklin County, Massachusetts was $72,103, up 4% from $69,662 in 2022. The Massachusetts median that year was $101,513.
What was the median household income in Franklin County in 2020?
In 2020, the median household income in Franklin County, Massachusetts was $61,519. By 2024 it had risen 22% to $74,921.
What is the Gini coefficient in Franklin County, Massachusetts?
The Gini coefficient in Franklin County is 0.504. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Franklin County, Massachusetts?
Since 2009, the income gap between men and women in Franklin County, Massachusetts has narrowed from about 18% to 10% in 2024. Over that period the gap was narrowest at 8% in 2023. In dollar terms, the gap has narrowed by $1,195 since 2009.
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