NJ landscape

07417

Franklin Lakes, NJ

Total Population
11,010
Median Household Income
$204,833
Median Home Value
$1,135,700
Median Rent
$3,043

Quick Facts & Insights

Key metrics and how they compare

Household Income
$204,833
100.6% above state median
Home Value
$1,135,700
103.6% above state median
Rent
$3,043
100% above state median
Median Age
47.5 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Franklin Lakes, NJ 07417

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Franklin Lakes, NJ

Median household income is 101% below state average, suggesting more affordable cost of living.

High education levels with 77.3% holding bachelor's degrees or higher, well above national average of 33%.

Mature population with median age of 47.5 years, likely more established households.

Family-oriented community with 81% family households.

Low poverty rate of 3.2%, well below national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$204,833
+172.6% vs US
vs State Median
+-100.6%
State: $-31,562,852
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.92 people

Total Households
3,770
Family Households
80.9%

Employment by Industry

Where residents work

#1 Industry
Finance
32.7%
#2 Industry
Education
28.8%
#3 Industry
Manufacturing
17.2%
Total Employed Residents:2,572

Commute Patterns

How residents get to work

Short Commute
4.2%
Under 10 minutes
Long Commute
14.7%
Over 60 minutes
Work From Home
2.0%
67 workers
Public Transit
9.5%
321 workers
Total Commuting Workers:3,374
Commute Insights

Labor Force Statistics

Employment Rate
95.6%
4,637 employed
Labor Force
4,848
211 unemployed
Median Age
47.5 years
Per Capita Income
$102,802
Poverty Rate
3.2%

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