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% |
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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).
Where to stay in Franklin Lakes
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Data from the American Community Survey (ACS) 5-Year estimates.
Source: U.S. Census Bureau ACS, 2026.