United States › New Jersey › Franklin Lakes CITY · 2010 ACS
Franklin Lakes New Jersey · 10,590 residents · 9.41 sq mi
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The short version
Franklin Lakes is a city of 10,590 people in New Jersey. That is roughly 117% ahead of the New Jersey median. The median household earns $151,224, about 187% above the national median. This is an unusually credentialed place: 65% of adults have a four-year degree. The typical home is worth $1,000,001, having risen by half since 2000. Median rent is $2,001 a month.
At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 44.9
US median: 37.2
More educated
65% hold a bachelor's degree
US average: 28%
Less affordable
home values up 30%, inflation adjusted
US median home: $225,659
Section 01
Population & growth from 40.7 in 2000
US average: 37.2
Population, 1990 – 2024
10K 10K 11K 11K 12K 1990 2000 2010 2020 2024 Franklin Lakes Age distribution, 2010
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Section 02
Income & economy $151,224
−10%inflation adjusted, since 2000
from $132,373 in 2000
US average: $52,703
from $59,763 in 2000
US average: $27,286
Households earning $100K+
from 77.2% in 2009
US average: 33.3%
from 3.2% in 2000
US average: 13.8%
Workforce by industry, 2010
Public administration 14.6%
Transportation & warehousing 4.5%
Arts, entertainment, food 2.4%
Agriculture, forestry, fishing 1.2%
Professional, scientific, technical 1%
Education & health services 0.4%
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$1,000,001
+30%inflation adjusted, since 2000
from $609,700 in 2000
US average: $225,659
$2,001
+20%inflation adjusted, since 2000
from $1,313 in 2000
US average: $853
from 95.1% in 2000
10.8% rent
from 3.2% in 2009
US average: 12.1%
from 3.04 people in 2009
US average: 2.60
from 40.6% in 2009
US average: 30.9%
from 62.3% in 2009
US average: 46.8%
from 6.5 in 2009
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2000
White, non-Hispanic 89.1%(9,285)
Hispanic / Latino 2.7%(286)
2010
White, non-Hispanic 85.1%(9,017)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 23 more ancestry groups with data from 52.9% in 2000
US average: 27.9%
High school or higher
from 94.7% in 2000
US average: 84.9%
from 21.5% in 2000
US average: 10.2%
Section 06
Commute & transportation from 23.5 min in 2000
US average: 25.2
from 77.1% in 2009
US average: 76.2%
from 8.9% in 2009
US average: 10.4%
from 5.2% in 2009
US average: 4.7%
from 7.0% in 2009
US average: 4.1%
from 1.0% in 2009
US average: 2.8%
from 0.0% in 2009
US average: 0.5%
from 1.6% in 2009
US average: 8.7%
Section 07
Work & employment from 5.8% in 2009
US average: 12.9%
from 60.8% in 2009
US average: 35.2%
Section 08
People & community from 20.5% in 2009
US average: 12.8%
from 7.0% in 2009
US average: 9.9%
Marital status (2024)
Men 15+
Never married 25.7%(1,155)
Women 15+
Never married 23.7%(1,074)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage Showing 2024 (the nearest year with coverage data).
from 4.6% in 2013
US average: 8.4%
from 74.0% in 2020
US average: 54.8%
Direct-purchase
from 21.0% in 2020
US average: 13.8%
from 18.7% in 2020
US average: 18.4%
from 3.9% in 2020
US average: 20.9%
VA health care
from 0.6% in 2020
US average: 2.2%
Any private
from 93.2% in 2020
US average: 67.1%
Any public
from 20.8% in 2020
US average: 36.7%
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)
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.
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Drill deeper
Places similar to Franklin Lakes Head to head
Compare Franklin Lakes to nearby cities FRANKLIN LAKES VS
Oakland
Income $162,019 +7%
Home value $591,300 −41%
Population 12,837 +15%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
North Haledon
Income $125,313 −17%
Home value $547,600 −45%
Population 9,089 −19%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
Waldwick
Income $177,962 +18%
Home value $588,500 −41%
Population 10,252 −8%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
Pompton Lakes
Income $124,454 −18%
Home value $442,400 −56%
Population 11,246 +1%
SEE FULL COMPARISON →
Frequently asked
How many people live in Franklin Lakes, New Jersey? Franklin Lakes, New Jersey has about 10,590 residents according to the 2010 American Community Survey.
What is the median household income in Franklin Lakes, New Jersey? The typical household in Franklin Lakes, New Jersey earns about $151,224 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 $1,000,001, and the typical rent is about $2,001 a month.
How educated are people in Franklin Lakes, New Jersey? About 64.7% 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 1.5% 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 717 residents, a change of about 7 percent over that period.
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