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Franklin Lakes, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Franklin Lakes.

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Community Insights

Highly Educated
42% bachelor's · 20% graduate
top 1% nationally
High Incomes
$213k/year
top 1% nationally
Leading Industries
Arts, Food & Hospitality · Healthcare · Professional Services
19% arts, food & hospitality
Home Value Growth⬆⬆
+12.8% over 2 years
Family-Friendly
25% of residents
slightly above average
Homeowners
89% of occupied units

People & Demographics

Total Population11,084
Households—
Under 18
25.0%
Age 18–34
17.0%
Age 35–64
37.0%
Age 65+
22.0%
Veterans
3.0%
Active Duty
0.0%

Housing & Living

Median Home Value$1,168,950
Median Gross Rent$3,247/mo
Owner Occupied
88.9%
Renter Occupied
11.1%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$212,759
Poverty Rate—

Key Industries

Healthcare20.0%
Professional Services4.0%
Manufacturing0.0%
Retail5.0%
Education4.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities63 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
42.0%
Master's or Higher
20.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Franklin Lakes?›

The total population of Franklin Lakes is approximately 11,084. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Franklin Lakes walkable and transit-friendly?›

Based on local geographic data, Franklin Lakes has an amenity and walkability score of 63/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Franklin Lakes?›

The housing market in Franklin Lakes is predominantly driven by homeowners, with 89% of housing units being owner-occupied and 11% being renter-occupied.

What is the education level of residents in Franklin Lakes?›

In Franklin Lakes, approximately 42% of adult residents hold a bachelor's degree or higher. Additionally, 20% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.