Franklin Center, NJ
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-12-15

Living In Franklin Center, New Jersey Summary

Life in Franklin Center research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Franklin Center over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Franklin Center:

  • The population in Franklin Center is 5,583.

  • The median home value in Franklin Center is $671,628.

  • The median income in Franklin Center is $132,787.

  • The cost of living in Franklin Center is 140 which is 1.4x higher than the national average.

  • The median rent in Franklin Center is $2,625.

  • The unemployment rate in Franklin Center is 7.6%.

  • The poverty rate in Franklin Center is 4.1%.

  • The average high in Franklin Center is 62.9° and the average low is 41.6°.

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Franklin Center SnackAbility

6
Overall SnackAbility
Jobs
8/10
Housing
9.5
Affordability
5
Diversity
9.5
Safety
N/A
Amenities
6
Education
9.5
Commute
3
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Franklin Center, NJ Cost Of Living

Cost of living in Franklin Center summary. We use data on the cost of living to determine how expensive it is to live in Franklin Center. Real estate prices drive most of the variance in cost of living around New Jersey. Key points include:

  • The cost of living in Franklin Center is 140 with 100 being average.

  • The cost of living in Franklin Center is 1.4x higher than the national average.

  • The median home value in Franklin Center is $671,628.

  • The median income in Franklin Center is $132,787.

140
Franklin Center's Overall Cost Of Living
1.4x
Higher Than The National Average

Cost Of Living In Franklin Center Comparison Table

Living Expense Franklin Center New Jersey National Average
Overall 140 111 100
Services 110 104 100
Groceries 104 104 100
Health 90 95 100
Housing 225 130 100
Transportation 109 106 100
Utilities 111 108 100

Franklin Center, NJ Weather

  • The average high in Franklin Center is 62.9° and the average low is 41.6°.

  • There are 77.5 days of precipitation each year.

  • Expect an average of 48.3 inches of precipitation each year with 23.3 inches of snow.

StatFranklin Center
Average Annual High62.9
Average Annual Low41.6
Annual Precipitation Days77.5
Average Annual Precipitation48.3
Average Annual Snowfall23.3
62.9°
Average High
77.5°
Days of Rain

Rankings for Franklin Center in New Jersey

Locations Around Franklin Center

Map Of Franklin Center, NJ

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4

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Population 14,525

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Population 7,888

Franklin Center Demographics And Statistics

Population over time in Franklin Center

The current population in Franklin Center is 5,583. The population has increased 42.4% from 2010.

Year Population % Change
2022 5,583 21.0%
2021 4,615 -6.1%
2020 4,913 4.5%
2019 4,701 10.0%
2018 4,275 1.1%
2017 4,227 3.3%
2016 4,092 3.6%
2015 3,950 -5.2%
2014 4,168 6.3%
2013 3,921 -

Race / Ethnicity in Franklin Center

White
44.2% (2,470)
African American
11.8% (659)
American Indian
0.1% (7)
Asian
28.7% (1,603)
Hawaiian
0.0% (0)
Other
2.0% (111)
Two Or More
1.0% (54)
Hispanic
12.2% (679)

Franklin Center is:

  • 44.2% White with 2,470 White residents.

  • 11.8% African American with 659 African American residents.

  • 0.1% American Indian with 7 American Indian residents.

  • 28.7% Asian with 1,603 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 2.0% Other with 111 Other residents.

  • 1.0% Two Or More with 54 Two Or More residents.

  • 12.2% Hispanic with 679 Hispanic residents.

Race Franklin Center NJ USA
White 44.2% 53.0% 58.9%
African American 11.8% 12.4% 12.1%
American Indian 0.1% 0.1% 0.6%
Asian 28.7% 9.8% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 2.0% 0.7% 0.4%
Two Or More 1.0% 2.8% 3.5%
Hispanic 12.2% 21.2% 18.7%

Gender in Franklin Center

Female
48.7% (2,717)
Male
51.3% (2,866)
  • Franklin Center is 48.7% female with 2,717 female residents.

  • Franklin Center is 51.3% male with 2,866 male residents.

Gender Franklin Center NJ USA
Female 48.7% 50.7% 50.4%
Male 51.3% 49.3% 49.6%

Highest level of educational attainment in Franklin Center for adults over 25

  • 3.0% of adults in Franklin Center completed < 9th grade.

  • 2.0% of adults in Franklin Center completed 9-12th grade.

  • 11.0% of adults in Franklin Center completed high school / ged.

  • 13.0% of adults in Franklin Center completed some college.

  • 6.0% of adults in Franklin Center completed associate's degree.

  • 34.0% of adults in Franklin Center completed bachelor's degree.

  • 22.0% of adults in Franklin Center completed master's degree.

  • 4.0% of adults in Franklin Center completed professional degree.

  • 5.0% of adults in Franklin Center completed doctorate degree.

< 9th Grade
3.0% (167)
9-12th Grade
2.0% (111)
High School / GED
11.0% (614)
Some College
13.0% (725)
Associate's Degree
6.0% (334)
Bachelor's Degree
34.0% (1,898)
Master's Degree
22.0% (1,228)
Professional Degree
4.0% (223)
Doctorate Degree
5.0% (279)
Education Franklin Center NJ USA
< 9th Grade 3.0% 4.0% 4.0%
9-12th Grade 2.0% 5.0% 6.0%
High School / GED 11.0% 26.0% 26.0%
Some College 13.0% 16.0% 20.0%
Associate's Degree 6.0% 7.0% 9.0%
Bachelor's Degree 34.0% 25.0% 21.0%
Master's Degree 22.0% 12.0% 10.0%
Professional Degree 4.0% 3.0% 2.0%
Doctorate Degree 5.0% 2.0% 2.0%

Household Income For Franklin Center, New Jersey

  • 2.8% of households in Franklin Center earn Less than $10,000.

  • 1.0% of households in Franklin Center earn $10,000 to $14,999.

  • 2.7% of households in Franklin Center earn $15,000 to $24,999.

  • 3.0% of households in Franklin Center earn $25,000 to $34,999.

  • 11.3% of households in Franklin Center earn $35,000 to $49,999.

  • 10.1% of households in Franklin Center earn $50,000 to $74,999.

  • 9.8% of households in Franklin Center earn $75,000 to $99,999.

  • 15.1% of households in Franklin Center earn $100,000 to $149,999.

  • 14.5% of households in Franklin Center earn $150,000 to $199,999.

  • 29.8% of households in Franklin Center earn $200,000 or more.

Less than $10,000
2.8% (15,457)
$10,000 to $14,999
1.0% (5,683)
$15,000 to $24,999
2.7% (15,003)
$25,000 to $34,999
3.0% (16,594)
$35,000 to $49,999
11.3% (63,195)
$50,000 to $74,999
10.1% (56,148)
$75,000 to $99,999
9.8% (54,557)
$100,000 to $149,999
15.1% (84,563)
$150,000 to $199,999
14.5% (80,926)
$200,000 or more
29.8% (166,171)
Income Franklin Center NJ USA
Less than $10,000 2.8% 4.1% 4.9%
$10,000 to $14,999 1.0% 3.0% 3.8%
$15,000 to $24,999 2.7% 5.4% 7.0%
$25,000 to $34,999 3.0% 5.7% 7.4%
$35,000 to $49,999 11.3% 8.2% 10.7%
$50,000 to $74,999 10.1% 13.2% 16.1%
$75,000 to $99,999 9.8% 11.6% 12.8%
$100,000 to $149,999 15.1% 18.0% 17.1%
$150,000 to $199,999 14.5% 11.5% 8.8%
$200,000 or more 29.8% 19.2% 11.4%

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