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CITY · 2000 CENSUS

Franklin Lakes

New Jersey · 10,422 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 $132,373. Population has held roughly steady since 1990. 53% of adults hold a bachelor's degree or higher, well above the national rate of 24%. Median home value is $609,700. With a median age of 40.7, the population is older than the US median of 35.2. Households here earn about 140% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $42,589
Older
median age 40.7
US median: 35.2
More educated
53% hold a bachelor's degree
US average: 24%
More affordable
home values down 7%, inflation adjusted
US median home: $120,530
Section 01

Population & growth

Total population
10,422
+6%since 1990
from 9,873 in 1990
1990 – 2025
Median age
40.7
+5%since 1990
from 38.6 in 1990
US average: 35.2
Population, 1990 – 2024
10K10K11K11K12K1990201020202024Franklin Lakes
202411K
1990201020202024
Age distribution, 2000
Under 56.7%(703)
US avg: 6.8%
5 to 98.7%(906)
US avg: 7.3%
10 to 148.4%(876)
US avg: 7.3%
15 to 196.4%(671)
US avg: 7.2%
20 to 243.3%(346)
US avg: 6.7%
25 to 347.5%(784)
US avg: 14.2%
35 to 4416.6%(1,730)
US avg: 16%
45 to 5417.5%(1,829)
US avg: 13.4%
55 to 6413.6%(1,413)
US avg: 8.6%
65 to 747.1%(737)
US avg: 6.5%
75 to 843.1%(323)
US avg: 4.4%
85 and over1%(104)
US avg: 1.5%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

Median household income
$132,373
−1%inflation adjusted, since 1990
from $100,992 in 1990
US average: $42,589
1990 – 2024
Per capita income
$59,763
+33%since 1990
from $45,080 in 1990
US average: $21,522
Poverty rate
3.2%
+2.0 ptssince 1990
from 1.2% in 1990
US average: 12.4%
Section 03

Housing

Median home value
$609,700
−7%inflation adjusted, since 1990
from $500,001 in 1990
US average: $120,530
1990 – 2024
Median gross rent
$1,313
Unchangedinflation adjusted, since 1990
from $1,001 in 1990
US average: $602
Owner-occupied
95.1%
+1.1 ptssince 1990
from 94.0% in 1990
4.9% rent
RELATED:See current rent listings in Franklin Lakes on RentDataNow
Section 04

Race & ethnicity

1990
White, non-Hispanic93.5%(9,227)
Black0.2%(19)
Hispanic / Latino0.7%(71)
Asian6.3%(618)
2000
White, non-Hispanic89.1%(9,285)
Black0.9%(96)
Hispanic / Latino2.7%(286)
Asian6.3%(655)

No data for the years selected.

Section 04 · Origins

Detailed origins & ancestry

Detailed origin tables are available for 2024; showing 2024 data.

Hispanic origin
Argentine1.9%(211)
Dominican1.5%(171)
Cuban1.5%(162)
Puerto Rican0.9%(104)
Colombian0.9%(102)
Peruvian0.6%(62)
Spaniard0.3%(33)
Asian origin
Asian Indian5.6%(622)
Korean4.5%(494)
Chinese1%(108)
Taiwanese0.9%(101)
Filipino0.5%(54)
Japanese0.1%(14)
Bangladeshi0.1%(11)
Thai0.1%(6)
Ancestry
Italian20.1%(2,230)
German12.4%(1,377)
Irish10.4%(1,152)
Polish9.9%(1,094)
Arab6%(668)
Russian6%(666)
English4.9%(546)
Syrian3.9%(436)
Ukrainian3.8%(424)
American3.3%(368)
Swedish2.3%(258)
Iranian1.7%(184)
+ 26 more ancestry groups with data
Slovak1.6%(179)
Hungarian1.6%(172)
Greek1.5%(167)
Dutch1.5%(161)
French1.2%(131)
Egyptian1.1%(124)
Romanian1.1%(124)
Austrian1.1%(118)
Czech0.9%(96)
Croatian0.8%(88)
Norwegian0.8%(85)
West Indian0.7%(74)
Scottish0.6%(63)
Lebanese0.5%(57)
Lithuanian0.5%(52)
Armenian0.4%(45)
Nigerian0.2%(24)
Jamaican0.2%(24)
Jordanian0.2%(23)
Australian0.2%(23)
Danish0.2%(22)
Portuguese0.1%(13)
Turkish0.1%(11)
Belgian0%(5)
RANKED:Largest Italian population · Largest German population · Largest Irish population · Largest Polish population · Largest Arab population
Section 05

Education

Bachelor's degree or higher
52.9%
+1.3 ptssince 1990
from 51.6% in 1990
US average: 24.4%
High school or higher
94.7%
+1.9 ptssince 1990
from 92.8% in 1990
US average: 80.3%
Graduate degree
21.5%
+1.0 ptssince 1990
from 20.4% in 1990
US average: 8.8%
Section 06

Commute & transportation

Average commute
23.5 min
−15%since 1990
from 27.8 min in 1990
US average: 17.6
Section 07

Work & employment

No data for the years selected.

Section 08

People & community

No data for the years selected.

Marital status
Men 15+
Never married23.7%(920)
Married71%(2,762)
Widowed2.4%(92)
Divorced3%(116)
Women 15+
Never married17.5%(712)
Married70.7%(2,867)
Widowed6.1%(248)
Divorced5.7%(230)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2000
Drill deeper

Places similar to Franklin Lakes

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Head to head

Compare Franklin Lakes to nearby cities

FRANKLIN LAKES VS
Oakland
Income$162,019+22%
Home value$591,300−3%
Population12,837+15%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
North Haledon
Income$125,313−5%
Home value$547,600−10%
Population9,089−19%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
Waldwick
Income$177,962+34%
Home value$588,500−3%
Population10,252−8%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
Pompton Lakes
Income$124,454−6%
Home value$442,400−27%
Population11,246+1%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklin Lakes, New Jersey?

Franklin Lakes, New Jersey has about 10,422 residents according to the 2000 Census.

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

The typical household in Franklin Lakes, New Jersey earns about $132,373 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 $609,700, and the typical rent is about $1,313 a month.

How educated are people in Franklin Lakes, New Jersey?

About 52.9% 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 3.2% of people in Franklin Lakes, New Jersey live below the federal poverty line.

Has Franklin Lakes, New Jersey grown since 1990?

Yes, Franklin Lakes, New Jersey has grown since 1990. The population has added about 549 residents, a change of about 6 percent over that period.

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

How we source and harmonize this data →