Franklin Lakes, New Jersey Population 2026
Updated April 2026 · US Census ACS 2023 5-Year Estimates
The population of Franklin Lakes, New Jersey is 11,011 as of the 2023 American Community Survey, making it the 130th-largest city in New Jersey. The median household income is $230,987, the median home value is $1,217,500, and the median age is 46.9.
The population has grown 6.2% since 2010 (10,594 → 11,251).
11,011
Population
1170
People / sq mi
$230,987
Median Income
$1,217,500
Median Home Value
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Franklin Lakes covers 9.4 sq mi of land at 1170 people per square mile.
About Franklin Lakes, NJ
What sets Franklin Lakes apart is money: median household income runs $230,987, above the US median of $78,538. With 11,011 residents, Franklin Lakes is a city in New Jersey.
Earnings sit at the high end: a median household income of $230,987, above the US median of $78,538. Poverty is relatively low for US cities at 3.4%, below the national 12.4%. Housing is expensive: the median home is worth $1,217,500, with typical rent around $3,334.
Degree attainment is near the top of the range for US cities: 78.9% of adults 25+ hold a bachelor’s, above the 35.0% national rate. Remote work is widespread — 29.2% of workers stay home, above the national 14.0%, and the average commute runs about 37 minutes each way.
Taken together, the income and housing figures place Franklin Lakes firmly in the higher-cost, higher-earning tier of US cities — a profile that tends to track dense job markets and competitive housing.
Franklin Lakes borough Population History (2010-2024)
The city of Franklin Lakes borough had a population of 10,594 in 2010 and 11,251 in 2024, a 6.2% growth over 14 years. The peak was 11,251 in 2024. Average annual growth rate: 0.43%.
11,251
Population (2024)
10,594
Population (2010)
11,251
Peak (2024)
0.43%
Avg Annual Growth
| Year | Population |
|---|---|
| 2010 | 10,594 |
| 2011 | 10,671 |
| 2012 | 10,695 |
| 2013 | 10,730 |
| 2014 | 10,762 |
| 2015 | 10,746 |
| 2016 | 10,720 |
| 2017 | 11,058 |
| 2018 | 11,047 |
| 2019 | 11,119 |
| 2020 | 11,051 |
| 2021 | 10,994 |
| 2022 | 11,005 |
| 2023 | 11,122 |
| 2024 | 11,251 |
Race & Ethnicity
| White | 74.9% |
| Black or African American | 5.6% |
| Asian | 0.0% |
| Hispanic or Latino (any race) | 0.0% |
| Two or More Races | 0.0% |
Economy & Income
$230,987
Median Household Income
$110,566
Per Capita Income
3.4%
Poverty Rate
1.3%
Unemployment Rate
Housing
$1,217,500
Median Home Value
$3,334
Median Rent
88.3%
Owner-Occupied
Education
98.4%
High School+
78.9%
Bachelor's+
Commute
6.3%
Drive Alone
55.8%
Public Transit
29.2%
Work From Home
36.5 min
Avg Commute
Community Profile
28.3%
Foreign Born
77.8%
Non-English at Home
3.5%
Veterans
8.3%
With Disability
98.5%
Health Insurance
98.7%
Internet Access
Employment by Industry
| Professional, Scientific & Management | 23.9% |
| Finance, Insurance & Real Estate | 20.6% |
| Information | 17.1% |
| Manufacturing | 7.6% |
| Education, Health Care & Social Services | 5.2% |
| Arts, Entertainment & Food Services | 4.1% |
| Transportation & Warehousing | 3.2% |
| Construction | 2.9% |
| Retail Trade | 2.3% |
| Public Administration | 2.0% |
| Agriculture & Mining | 0.2% |
Largest cities in New Jersey
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Frequently Asked Questions
Franklin Lakes, New Jersey has a population of 11,011 according to the US Census Bureau's 2023 American Community Survey 5-year estimates, making it the 130th-largest city in New Jersey.
The median household income in Franklin Lakes, New Jersey is $230,987, with 3.4% of residents living below the federal poverty level.
The median home value in Franklin Lakes, New Jersey is $1,217,500, with median monthly rent at $3,334 and a homeownership rate of 88.3%.
The median age in Franklin Lakes, New Jersey is 46.9 years. The population is 52.0% male and 48.0% female.
The population has grown 6.2% since 2010 (10,594 → 11,251).
Franklin Lakes borough, NJ Climate
Franklin Lakes borough, NJ has an average annual temperature of 10.4°C (51°F) and receives about 1277 mm of precipitation per year. The warmest month is July and the coldest is January. Figures are 1970–2000 climate normals.
10.4°C
Avg Temp
1277
Precip (mm/yr)
Jul
Hottest Month
Jan
Coldest Month
| Month | Avg (°C/°F) | Precip |
|---|---|---|
| January | -2° / 28° | 99 mm |
| February | -1° / 30° | 79 mm |
| March | 4° / 39° | 106 mm |
| April | 10° / 49° | 111 mm |
| May | 15° / 59° | 119 mm |
| June | 20° / 68° | 108 mm |
| July | 23° / 73° | 116 mm |
| August | 22° / 71° | 108 mm |
| September | 18° / 64° | 119 mm |
| October | 12° / 53° | 102 mm |
| November | 6° / 43° | 112 mm |
| December | 1° / 33° | 98 mm |
1970–2000 normals from WorldClim 2.1 (~9 km grid). Precipitation can be less precise near mountains or coastlines, where rainfall varies sharply over short distances.
Best time to visit Franklin Lakes borough, NJ
The most comfortable months to visit Franklin Lakes borough, NJ are typically August, June and July, when temperatures are mildest and rainfall is relatively low. The hottest month is July (around 29°C high). The coldest is January (near -7°C low). May is usually the wettest month.
Where to stay near Franklin Lakes
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Data from the American Community Survey (ACS) 5-Year estimates.
Source: U.S. Census Bureau ACS, 2026.