Franklin Lakes borough, New Jersey demographics and economy
Census American Community Survey 2023 5-Year Estimates for Franklin Lakes borough, New Jersey.
Population
11,011
Median HH Income
$230,987
Median Home Value
$1,217,500
Median Age
46.9
Workforce
Unemployment rate
2.3%
114 unemployed of 5,008 in labor force
Bachelor's degree or higher
42.7%
of population age 25+ (7,522 total)
Below poverty line
3.2%
352 of 11,011 surveyed
Housing & cost of living
Median home value
$1,217,500
owner-occupied housing units
Median gross rent
$3,334/mo
renter-occupied units, all bedrooms
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