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CITY · 1990 CENSUS

Franklin Lakes

New Jersey · 9,873 residents · 9.414 sq mi
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The short version

Franklin Lakes is significantly wealthier than the US average, with a median household income of $100,992. Population has declined 5% since 2000. 52% of adults hold a bachelor's degree or higher, well above the national rate of 20%. Median home value is $500,001. With a median age of 38.6, the population is older than the US median of 33.0. Households here earn about 147% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $30,130
Older
median age 38.6
US median: 33.0
More educated
52% hold a bachelor's degree
US average: 20%
Stable housing
home values roughly flat, inflation adjusted
US median home: $93,722
Section 01

Population & growth

9,873
−5%vs 2000
vs 10,422 in 2000
1990 – 2025
1,049 / sq mi
−5%vs 2000
vs 1,107 / sq mi in 2000
US average: 221
38.6
−5%vs 2000
vs 40.7 in 2000
US average: 33.0
Population, 19902024
10K10K11K11K12K1990201020202024Franklin Lakes
202411K
1990201020202024
Section 02

Income & economy

$100,992
+1%inflation adjusted, since 2000
vs $132,373 in 2000
US average: $30,130
1990 – 2024
$45,080
−25%vs 2000
vs $59,763 in 2000
US average: $14,340
1.2%
−2.0 ptsvs 2000
vs 3.2% in 2000
US average: 13.2%
Section 03

Housing

$500,001
+8%inflation adjusted, since 2000
vs $609,700 in 2000
US average: $93,722
1990 – 2024
$1,001
Unchangedinflation adjusted, since 2000
vs $1,313 in 2000
US average: $450
94.0%
−1.1 ptsvs 2000
vs 95.1% in 2000
6.0% rent
5.0
+7%vs 2000
vs 4.6 in 2000
1990 – 2024
RELATED:See current rent listings in Franklin Lakes on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic89.1%(9,285)
Black0.9%(96)
Hispanic / Latino2.7%(286)
Asian6.3%(655)
Other0%
Diversity Score23.2%(2,423)
1990
White, non-Hispanic93.5%(9,227)
Black0.2%(19)
Hispanic / Latino0.7%(71)
Asian6.3%(618)
Other0.1%(9)
Diversity Score16.9%(1,667)
17
−27%vs 2000
vs 23 in 2000
1990 – 2024
Section 05

Education

51.6%
−1.3 ptsvs 2000
vs 52.9% in 2000
US average: 20.3%
High school or higher
92.8%
−1.9 ptsvs 2000
vs 94.7% in 2000
US average: 75.2%
20.4%
−1.0 ptsvs 2000
vs 21.5% in 2000
US average: 7.1%
Section 06

Commute & transportation

27.8 min
+18%vs 2000
vs 23.5 min in 2000
US average: 21.9
Section 07

Work & employment

No data for the years selected.

Section 08

People & community

No data for the years selected.

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Frequently asked

How many people live in Franklin Lakes, New Jersey?

Franklin Lakes, New Jersey has about 9,873 residents according to the 1990 Census.

What is the median household income in Franklin Lakes, New Jersey?

The typical household in Franklin Lakes, New Jersey earns about $100,992 a year. Half of households make more than that, and half make less.

Is Franklin Lakes, New Jersey expensive?

In Franklin Lakes, New Jersey, the median home is worth about $500,001, and the typical rent is about $1,001 a month.

How educated are people in Franklin Lakes, New Jersey?

About 51.6% of adults age 25 and over in Franklin Lakes, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Franklin Lakes, New Jersey?

About 1.2% of people in Franklin Lakes, New Jersey live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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