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Population Review

Franklin Lakes borough, NJ — Population & Demographics

Franklin Lakes borough, NJ has a population of 11,011. The median household income is $230,987 and the median age is 46.9.

11,011

Population

$230,987

Median Income

$1,217,500

Median Home Value

46.9

Median Age

Race & Ethnicity

White74.9%
Black or African American5.6%
Asian0.0%
Hispanic or Latino (any race)0.0%
Two or More Races0.0%

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

29.2%

Work From Home

36.5 min

Avg Commute

Frequently Asked Questions

Franklin Lakes borough, NJ has a population of 11,011 according to Census ACS 2023 data.

The median household income in Franklin Lakes borough, NJ is $230,987, with 3.4% living below the poverty level.

The median home value in Franklin Lakes borough, NJ is $1,217,500, with median rent at $3,334.

Data from the American Community Survey (ACS) 5-Year estimates.