There are 20 retirement homes serving Franklin, Massachusetts. This includes 1 in Franklin and 19 nearby. The average cost per day for retirement home care in Massachusetts is $96, with costs ranging between $23 and $140 daily. On a per month basis, this equates to an average expense of $2,885, with costs ranging from about $694 up to $4,187. The average annual cost is $34,630, which is higher than the national average of $23,100.
Costs for retirement home living in Franklin, MA typically range between $2,063 per month and $5,222 per month. The median cost is $3,058 per month, or about $36,696 annually.
Located in Norfolk County, Franklin is a small city in the State of Massachusetts. It is part of the Boston-Cambridge-Quincy metropolitan statistical area. While the surrounding metro area is home to 3,325,860 residents, there are 31,635 living within the city. 20% of the population are over 55.
Franklin has a good SeniorScore™ of 70. The city has a median per capita income of $39,000 and a median household income is $92,000 (the Massachusetts state average is $73,000). The median housing price in Franklin is $571,500, which is relatively higher than the Massachusetts average of $514,500. Franklin has a moderate unemployment rate of about 6.3%.
Franklin has harsh average temperatures, with very cold winters and mildly warm summers. The city receives heavy amounts of rainfall annually. In relation to other cities in the US, Franklin has moderate air quality ratings, very good water quality, and a very low rate of crime.