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Population Review

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

Franklin Lakes covers 9.4 sq mi of land at 1170 people per square mile.

About Franklin Lakes, NJ

Franklin Lakes is a city in New Jersey with a population of 11,011. It ranks #130 among cities in New Jersey by population. The median age is 46.9, older than the national median. The population is 52.0% male and 48.0% female.

The median household income in Franklin Lakes is $230,987, above the US median of $74,580. 3.4% of residents live below the federal poverty level. Home values sit at a median of $1,217,500, with monthly rent averaging $3,334. The homeownership rate of 88.3% is higher than the national rate of 64.8%.

Educational attainment in Franklin Lakes reflects 78.9% of adults 25 and older holding a bachelor's degree or higher, above the national average of 34.3%. Roughly 29.2% of workers primarily work from home, noticeably above the national work-from-home rate of 14.2%. The average commute is 36.5 minutes each way.

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%.

2024 · 11K20102024

11,251

Population (2024)

10,594

Population (2010)

11,251

Peak (2024)

0.43%

Avg Annual Growth

YearPopulation
201010,594
201110,671
201210,695
201310,730
201410,762
201510,746
201610,720
201711,058
201811,047
201911,119
202011,051
202110,994
202211,005
202311,122
202411,251

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

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 & Management23.9%
Finance, Insurance & Real Estate20.6%
Information17.1%
Manufacturing7.6%
Education, Health Care & Social Services5.2%
Arts, Entertainment & Food Services4.1%
Transportation & Warehousing3.2%
Construction2.9%
Retail Trade2.3%
Public Administration2.0%
Agriculture & Mining0.2%

Largest cities in New Jersey

Largest counties in New Jersey

Part of New Jersey

Metro areas in New Jersey

City rankings

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).

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

Source: U.S. Census Bureau ACS, 2026.