Franklin Lakes is a city of 9,873 people in New Jersey. That is roughly 147% ahead of the New Jersey median. The median household earns $100,992, about 235% above the national median. The typical home is worth $500,001. This is an unusually credentialed place: 52% of adults have a four-year degree. 94% of homes are owner-occupied.
At a glance
Wealthier
median household income $100,992, 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%
Top-priced homes
median home value $500,000+, the Census reporting cap
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)2.6%(6)
US avg: 26.4%
Gulf War (1990s)0%(0)
US avg: 24.3%
Vietnam era50.4%(115)
US avg: 33.1%
Korean War21.9%(50)
US avg: 4.5%
World War II4.4%(10)
US avg: 1%
Share of the 228 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.
