United States › New Jersey › Franklin Lakes CITY · 2020 ACS
Franklin Lakes New Jersey · 11,079 residents · 9.41 sq mi
Time machine
COMPARE TO 1990 Census 2000 Census 2009 ACS 2010 ACS 2011 ACS 2012 ACS 2013 ACS 2014 ACS 2015 ACS 2016 ACS 2017 ACS 2018 ACS 2019 ACS 2021 ACS 2022 ACS 2023 ACS 2024 ACS
The short version
Franklin Lakes is a city of 11,079 people in New Jersey. That is roughly 110% ahead of the New Jersey median. The median household earns $178,794, about 170% above the national median. This is an unusually credentialed place: 74% of adults have a four-year degree. The typical home is worth $1,009,800, having risen by half since 2000. Median rent is $2,730 a month.
At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 46.3
US median: 38.8
More educated
74% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01
Population & growth from 40.7 in 2000
US average: 38.8
Population, 1990 – 2024
10K 10K 11K 11K 12K 1990 2000 2010 2020 2024 Franklin Lakes Age distribution, 2020
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Section 02
Income & economy $178,794
−10%inflation adjusted, since 2000
from $132,373 in 2000
US average: $66,278
from $59,763 in 2000
US average: $35,364
Households earning $100K+
from 77.2% in 2009
US average: 43.9%
from 3.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Public administration 11.3%
Transportation & warehousing 5.6%
Arts, entertainment, food 1.2%
Professional, scientific, technical 0.8%
Education & health services 0.3%
Agriculture, forestry, fishing 0%
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$1,009,800
+10%inflation adjusted, since 2000
from $609,700 in 2000
US average: $265,253
$2,730
+38%inflation adjusted, since 2000
from $1,313 in 2000
US average: $1,124
from 95.1% in 2000
12.5% rent
from 3.04 people in 2009
US average: 2.61
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)
2020
White, non-Hispanic 79%(8,755)
Hispanic / Latino 7.1%(786)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 25 more ancestry groups with data from 52.9% in 2000
US average: 32.9%
High school or higher
from 94.7% in 2000
US average: 88.5%
from 21.5% in 2000
US average: 12.7%
Section 06
Commute & transportation from 23.5 min in 2000
US average: 26.9
from 77.1% in 2009
US average: 75.1%
from 1.6% in 2009
US average: 8.4%
Section 07
Work & employment from 5.9% in 2011
US average: 5.4%
from 64.6% in 2011
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
from 60.8% in 2009
US average: 39.3%
Section 08
People & community from 20.5% in 2009
US average: 13.5%
from 4.6% in 2013
US average: 8.8%
Computer in household
US average: 91.9%
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 from 4.6% in 2013
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
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, 2020
Gulf War (2001 or later) 14.9%(60)
Share of the 403 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 −9%
Home value $591,300 −41%
Population 12,837 +15%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
North Haledon
Income $125,313 −30%
Home value $547,600 −46%
Population 9,089 −19%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
Waldwick
Income $177,962 same
Home value $588,500 −42%
Population 10,252 −8%
SEE FULL COMPARISON →
FRANKLIN LAKES VS
Pompton Lakes
Income $124,454 −30%
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 11,079 residents according to the 2020 American Community Survey.
What is the median household income in Franklin Lakes, New Jersey? The typical household in Franklin Lakes, New Jersey earns about $178,794 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 $1,009,800, and the typical rent is about $2,730 a month.
How educated are people in Franklin Lakes, New Jersey? About 73.7% 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 1.1% 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 1,206 residents, a change of about 12 percent over that period.
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