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CITY

Franklinville

New Jersey · 1,904 residents · 3.444 sq mi
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The short version

Franklinville is significantly wealthier than the US average, with a median household income of $122,179. Population has declined 5% since 2023. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $268,100. Poverty is rare here, at 4.6% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 40.0
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,904
−5%since 2023
from 1,999 in 2023
2020 – 2024
Population density
553 / sq mi
−5%since 2023
from 580 / sq mi in 2023
US average: 281
Median age
40.0
+6%since 2023
from 37.9 in 2023
US average: 38.9
Population, 2020 – 2024
2K2K2K2K2K20202024Franklinville
20242K
20202024
Section 02

Income & economy

Median household income
$122,179
+1%inflation adjusted, since 2023
from $117,847 in 2023
US average: $82,259
2020 – 2024
Per capita income
$45,556
+11%since 2023
from $40,892 in 2023
US average: $44,673
Households earning $100K+
73.5%
+13.5 ptssince 2023
from 59.9% in 2023
US average: 53.3%
Poverty rate
4.6%
+1.2 ptssince 2023
from 3.4% in 2023
US average: 12.5%
Income inequality (Gini)
0.308
−9%since 2023
from 0.339 in 2023
US average: 0.476
Workforce by industry, 2024
Information19.2%
US avg: 10.8%
Finance & insurance10.1%
US avg: 5.9%
Other services6.1%
US avg: 6.7%
Professional, scientific, technical6%
US avg: 5.1%
Public administration4.9%
US avg: 4.8%
Wholesale trade4.8%
US avg: 6.9%
Transportation & warehousing4.6%
US avg: 2.2%
Retail trade4.5%
US avg: 9.9%
Education & health services4.1%
US avg: 0.9%
Agriculture, forestry, fishing1.1%
US avg: 1.6%
Construction1.1%
US avg: 1.2%
Arts, entertainment, food0.5%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$268,100
+1%inflation adjusted, since 2023
from $259,100 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$1,646
+21%inflation adjusted, since 2023
from $1,321 in 2023
US average: $1,442
Owner-occupied
81.7%
−0.5 ptssince 2023
from 82.2% in 2023
18.3% rent
Vacancy rate
14.8%
−2.5 ptssince 2023
from 17.3% in 2023
US average: 10.0%
Owner cost-burdened
21.4%
−5.5 ptssince 2023
from 26.9% in 2023
US average: 22.9%
Renter cost-burdened
14.7%
−9.5 ptssince 2023
from 24.2% in 2023
US average: 47.4%
Afford Score
2.2
Unchangedsince 2023
from 2.2 in 2023
2020 – 2024
RELATED:See current rent listings in Franklinville on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic79.5%(1,590)
Black0.3%(6)
Hispanic / Latino8.4%(168)
Asian0.3%(5)
Other11.5%(230)
Diversity Score43.4%(867)
2024
White, non-Hispanic80.1%(1,525)
Black0.4%(7)
Hispanic / Latino8.4%(160)
Asian0.3%(5)
Other10.9%(207)
Diversity Score42.4%(808)
Diversity Score
42
−2%since 2023
from 43 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
19.8%
−1.6 ptssince 2023
from 21.5% in 2023
US average: 35.6%
High school or higher
89.4%
+1.9 ptssince 2023
from 87.5% in 2023
US average: 89.6%
Graduate degree
6.5%
−0.2 ptssince 2023
from 6.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.1 min
−6%since 2023
from 25.7 min in 2023
US average: 26.5
Drive alone to work
85.5%
−2.4 ptssince 2023
from 88.0% in 2023
US average: 68.9%
Carpooled to work
3.5%
+0.8 ptssince 2023
from 2.7% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
10.9%
+4.5 ptssince 2023
from 6.5% in 2023
US average: 15.0%
Walked to work
0.0%
−2.8 ptssince 2023
from 2.8% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.0%
−0.5 ptssince 2023
from 5.5% in 2023
US average: 5.2%
Labor force participation
62.8%
−1.6 ptssince 2023
from 64.4% in 2023
US average: 63.5%
Self-employed
8.7%
−3.7 ptssince 2023
from 12.5% in 2023
US average: 13.1%
Management & professional
40.9%
+1.0 ptssince 2023
from 39.9% in 2023
US average: 42.5%
Section 08

People & community

Male
44.2%
−0.2 ptssince 2023
from 44.4% in 2023
Female
55.8%
+0.2 ptssince 2023
from 55.6% in 2023
Foreign born
5.1%
+0.1 ptssince 2023
from 5.1% in 2023
US average: 14.1%
Veterans
7.5%
+0.4 ptssince 2023
from 7.0% in 2023
US average: 6.2%
With a disability
6.8%
−3.6 ptssince 2023
from 10.4% in 2023
US average: 13.3%
Uninsured
3.8%
+0.2 ptssince 2023
from 3.6% in 2023
US average: 8.4%
Broadband at home
93.8%
+3.5 ptssince 2023
from 90.3% in 2023
US average: 91.0%
English only at home
86.2%
+0.4 ptssince 2023
from 85.8% in 2023
US average: 77.7%
Spanish at home
6.8%
+0.2 ptssince 2023
from 6.6% in 2023
US average: 13.6%
Drill deeper

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Pop 1,943
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Head to head

Compare Franklinville to nearby cities

FRANKLINVILLE VS
Clayton
Income$90,274−26%
Home value$252,300−6%
Population9,041+375%
SEE FULL COMPARISON →
FRANKLINVILLE VS
Glassboro
Income$87,278−29%
Home value$314,400+17%
Population24,483+1186%
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FRANKLINVILLE VS
Williamstown
Income$89,414−27%
Home value$278,600+4%
Population14,705+672%
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FRANKLINVILLE VS
Pitman
Income$98,489−19%
Home value$279,300+4%
Population8,961+371%
SEE FULL COMPARISON →
Frequently asked

How many people live in Franklinville, New Jersey?

Franklinville, New Jersey has about 1,904 residents according to the 2024 American Community Survey.

What is the median household income in Franklinville, New Jersey?

The typical household in Franklinville, New Jersey earns about $122,179 a year. Half of households make more than that, and half make less.

Is Franklinville, New Jersey expensive?

In Franklinville, New Jersey, the median home is worth about $268,100, and the typical rent is about $1,646 a month.

How educated are people in Franklinville, New Jersey?

About 19.8% of adults age 25 and over in Franklinville, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Franklinville, New Jersey?

About 4.6% of people in Franklinville, New Jersey live below the federal poverty line.

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

How we source and harmonize this data →

Franklinville, New Jersey: demographics, income & housing data · CensusEasy