Franklin is home to 4,968 people in New Jersey. The median age is 48.5, about 10 years above the US median. That puts it in the top 9% of US cities for household income. Four-year degrees are less common here than nationally, at 20% of adults. Getting to work takes 37 minutes on average. 56% of homes are owner-occupied.
At a glance
Wealthier
median household income $92,744, above the US median
US median: $82,259
Older
median age 48.5
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Less affordable
home values up 27%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Franklin
What changed most since 1990
Median age32.2 → 48.5(+16.3 years)US over the same years: +6.0 years
Homes owned by their occupants72.0% → 56.2%(−15.8 pts)US over the same years: +0.9 pts
Hispanic share2.9% → 21.3%(+18.4 pts)US over the same years: +9.9 pts
Franklin's population equals 3.4% of Sussex County's. Its number of households without a car equals 11% of the county's. Its number of people who work from home equals 1.3% of the county's.
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)7.7%(21)
US avg: 26.4%
Gulf War (1990s)20.8%(57)
US avg: 24.3%
Vietnam era31.8%(87)
US avg: 33.1%
Korean War11.7%(32)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 274 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Franklin, decade by decade
Franklin population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
4,977
$87,941
$300,249
17.1%
9.8
2000
5,160
$81,947
$214,409
15.3%
18.6
2010
5,045
$90,361
$335,043
22.2%
30.7
2020
4,912
$94,141
$227,863
18.3%
47.0
2024
4,968
$92,744
$272,600
19.7%
53.3
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
