Franklin Lakes, NJ
Demographics And Statistics

We take you around Franklin Lakes to find out what it's like to call it home.

Living in Franklin Lakes, New Jersey

Life in Franklin Lakes research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Franklin Lakes over the past nine years using Census, FBI, Zillow, and other primary data sources. Here's a snapshot of Franklin Lakes based on the most recently available data.

11,084 Population
$1,557,852 Median home value
$235,795 Median income
221 Cost of living +121% vs US
$3,230 Median rent
2.3% Unemployment
Not sure Franklin Lakes fits? Try our place-match quiz → Planning a move? Find movers to Franklin Lakes, NJ Get matched →

Franklin Lakes SnackAbility

10
Overall SnackAbility
Jobs 8.5/10
Housing 10/10
Affordability 6/10
Diversity 8/10
Safety 9/10
Amenities 8/10
Education 10/10
Commute 4/10

Crime in Franklin Lakes summary. We use data from the FBI to determine the crime rates in Franklin Lakes. Key points include:

  • There were 45 total crimes in Franklin Lakes in the last reporting year.

  • The overall crime rate per 100,000 people in Franklin Lakes is 400.0 / 100k people.

  • The violent crime rate per 100,000 people in Franklin Lakes is 26.7 / 100k people.

  • The property crime rate per 100,000 people in Franklin Lakes is 373.3 / 100k people.

  • Overall, crime in Franklin Lakes is -81.13% below the national average.

45
Total Crimes
-81.13%
Below National Average
Franklin Lakes
US

Crime In Franklin Lakes Comparison Table

Statistic Count
Raw
Franklin Lakes
/ 100k People
New Jersey
/ 100k People
National
/ 100k People
Total Crimes Per 100K 45 400.0 1,645.1 2,119.2
Violent Crime 3 26.7 217.7 359.0
Murder 0 0.0 2.3 5.0
Robbery 0 0.0 49.3 61.0
Aggravated Assault 2 17.8 148.8 256.0
Property Crime 42 373.3 1,427.3 1,760.0
Burglary 12 106.7 145.3 229.0
Larceny 29 257.8 1,119.4 1,272.0
Car Theft 1 8.9 162.6 259.0
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Source: FBI Uniform Crime Reporting (2024)

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

  • The cost of living in Franklin Lakes is 221 with 100 being average.

  • The cost of living in Franklin Lakes is 2.2x higher than the national average.

  • The median home value in Franklin Lakes is $1,557,852.

  • The median income in Franklin Lakes is $235,795.

221
Franklin Lakes's Overall Cost Of Living
2.2x
Higher Than The National Average
Franklin Lakes
US

Cost Of Living In Franklin Lakes Comparison Table

Living Expense Franklin Lakes New Jersey National Average
Overall 221 125 100
Services 106 107 100
Groceries 109 113 100
Health 478 155 100
Housing 109 116 100
Transportation 108 112 100
Utilities 116 113 100
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Source: Cost of living index, normalized to US average = 100

Franklin Lakes, NJ Weather

  • The average high in Franklin Lakes is 61.2° and the average low is 40.7°.

  • There are 79.7 days of precipitation each year.

  • Expect an average of 49.5 inches of precipitation each year with 24.7 inches of snow.

StatFranklin Lakes
Average Annual High61.2
Average Annual Low40.7
Annual Precipitation Days79.7
Average Annual Precipitation49.5
Average Annual Snowfall24.7
61.2°
Average High
79.7
Days of Rain

Source: NOAA climate normals (30-year)

Franklin Lakes, NJ Photos

Flnp View Of High Mountain
Source: Public Domain
Campgaw Station
Source: Wikipedia User Adam Moss | CC BY-SA 2.0

Rankings & Articles For Franklin Lakes

Locations Around Franklin Lakes

Map Of Franklin Lakes, NJ

Best Places Around Franklin Lakes

1

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$723,734-54% vs Franklin Lakes
2

Irvington, NY
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$1,222,447-22% vs Franklin Lakes
3

Blauvelt, NY
Population 5,406

$787,093-49% vs Franklin Lakes
4

Dobbs Ferry, NY
Population 11,443

$975,067-37% vs Franklin Lakes
5

Congers, NY
Population 8,275

$653,438-58% vs Franklin Lakes
6

Hillcrest, NY
Population 9,071

$679,854-56% vs Franklin Lakes
7

Hastings-on-Hudson, NY
Population 8,434

$1,036,676-33% vs Franklin Lakes
8

Wesley Hills, NY
Population 6,196

$1,123,610-28% vs Franklin Lakes
9

Lincoln Park, NJ
Population 10,957

$534,178-66% vs Franklin Lakes

Franklin Lakes Demographics And Statistics

Population over time in Franklin Lakes

The current population in Franklin Lakes is 11,084. The population has increased 5.5% from 2010.

Year Population % Change
2024 11,084 0.7%
2023 11,011 0.0%
2022 11,007 -0.2%
2021 11,034 -0.1%
2020 11,044 0.9%
2019 10,946 0.6%
2018 10,883 -0.6%
2017 10,953 1.3%
2016 10,810 0.1%
2015 10,799 0.7%
2014 10,726 0.7%
2013 10,655 0.6%
2012 10,596 0.5%
2011 10,545 0.4%
2010 10,506 -

Race / Ethnicity in Franklin Lakes

White 71.3% (7,905)
African American 5.3% (586)
American Indian 0.0% (0)
Asian 12.7% (1,410)
Hawaiian 0.0% (0)
Other 0.4% (43)
Two Or More 2.5% (280)
Hispanic 7.8% (860)
See the full breakdown

Franklin Lakes is:

  • 71.3% White with 7,905 White residents.

  • 5.3% African American with 586 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 12.7% Asian with 1,410 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.4% Other with 43 Other residents.

  • 2.5% Two Or More with 280 Two Or More residents.

  • 7.8% Hispanic with 860 Hispanic residents.

Race Franklin Lakes NJ USA
White 71.3% 50.9% 57.4%
African American 5.3% 12.2% 11.9%
American Indian 0.0% 0.1% 0.5%
Asian 12.7% 10.0% 5.9%
Hawaiian 0.0% 0.0% 0.2%
Other 0.4% 0.8% 0.6%
Two Or More 2.5% 3.5% 4.3%
Hispanic 7.8% 22.5% 19.3%

Gender in Franklin Lakes

Female 47.9% (5,311)
Male 52.1% (5,772)
See the full breakdown
  • Franklin Lakes is 47.9% female with 5,311 female residents.

  • Franklin Lakes is 52.1% male with 5,772 male residents.

Gender Franklin Lakes NJ USA
Female 47.9% 50.8% 50.5%
Male 52.1% 49.2% 49.5%

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

< 9th Grade 1.0% (110)
9-12th Grade 1.0% (110)
High School / GED 11.0% (1,219)
Some College 6.0% (665)
Associate's Degree 4.0% (443)
Bachelor's Degree 44.0% (4,876)
Master's Degree 21.0% (2,327)
Professional Degree 8.0% (886)
Doctorate Degree 4.0% (443)
See the full breakdown
  • 1.0% of adults in Franklin Lakes completed < 9th grade.

  • 1.0% of adults in Franklin Lakes completed 9-12th grade.

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

  • 6.0% of adults in Franklin Lakes completed some college.

  • 4.0% of adults in Franklin Lakes completed associate's degree.

  • 44.0% of adults in Franklin Lakes completed bachelor's degree.

  • 21.0% of adults in Franklin Lakes completed master's degree.

  • 8.0% of adults in Franklin Lakes completed professional degree.

  • 4.0% of adults in Franklin Lakes completed doctorate degree.

Education Franklin Lakes NJ USA
< 9th Grade 1.0% 4.0% 4.0%
9-12th Grade 1.0% 5.0% 6.0%
High School / GED 11.0% 25.0% 26.0%
Some College 6.0% 15.0% 19.0%
Associate's Degree 4.0% 7.0% 9.0%
Bachelor's Degree 44.0% 26.0% 22.0%
Master's Degree 21.0% 13.0% 10.0%
Professional Degree 8.0% 3.0% 2.0%
Doctorate Degree 4.0% 2.0% 2.0%

Household Income For Franklin Lakes, New Jersey

Less than $10,000 1.2% (13,413)
$10,000 to $14,999 0.0% (0)
$15,000 to $24,999 1.6% (18,079)
$25,000 to $34,999 1.3% (14,871)
$35,000 to $49,999 7.9% (87,773)
$50,000 to $74,999 4.6% (51,322)
$75,000 to $99,999 3.7% (40,825)
$100,000 to $149,999 12.8% (141,721)
$150,000 to $199,999 8.1% (89,523)
$200,000 or more 58.7% (650,867)
See the full breakdown
  • 1.2% of households in Franklin Lakes earn Less than $10,000.

  • 0.0% of households in Franklin Lakes earn $10,000 to $14,999.

  • 1.6% of households in Franklin Lakes earn $15,000 to $24,999.

  • 1.3% of households in Franklin Lakes earn $25,000 to $34,999.

  • 7.9% of households in Franklin Lakes earn $35,000 to $49,999.

  • 4.6% of households in Franklin Lakes earn $50,000 to $74,999.

  • 3.7% of households in Franklin Lakes earn $75,000 to $99,999.

  • 12.8% of households in Franklin Lakes earn $100,000 to $149,999.

  • 8.1% of households in Franklin Lakes earn $150,000 to $199,999.

  • 58.7% of households in Franklin Lakes earn $200,000 or more.

Income Franklin Lakes NJ USA
Less than $10,000 1.2% 4.1% 5.0%
$10,000 to $14,999 0.0% 2.7% 3.4%
$15,000 to $24,999 1.6% 4.8% 6.3%
$25,000 to $34,999 1.3% 5.1% 6.6%
$35,000 to $49,999 7.9% 7.6% 10.1%
$50,000 to $74,999 4.6% 12.8% 15.5%
$75,000 to $99,999 3.7% 11.3% 12.6%
$100,000 to $149,999 12.8% 18.1% 17.5%
$150,000 to $199,999 8.1% 11.8% 9.6%
$200,000 or more 58.7% 21.6% 13.4%

Source: U.S. Census ACS 5-year estimates (2024)