Franklin Lakes - Neighborhood Information


Population

Total population 11,044
Male population 5,618
Female population 5,426
Median age 46.90
Median age (male) 45.70
Median age (female) 48.40

Marital status (Number of people who have the following marital status)

Never married 2,181
Married 5,941
Separated 61
Widowed 300
Divorced 543

Population by age

Under 15 2,079
Age 15 to 24 1,587
Ages 25 to 44 1,488
Ages 45 to 64 3,835
Age 65 and over 2,055

Population mobility

Live in the same house as 1 year ago 10,229
Moved from abroad 113
Moved from a different state 202
Moved from the same county 418
Moved from the same state 75

Population by poverty level

Above poverty level 10,914
Below poverty level (daily income under $1.90/day) 123

Employment

White collar 4,737
Blue collar 314

Class of worker

Self employed 1,128
Private company 3,292
Not for profit company 359
Government workers 272

Households

Total households 3,839
Family households 3,204
Non-family households 635
Households with children 1,416
Households without children 2,423
Average people per household 2.88

Education (Number of people who have achieved the following levels of education)

No high school 9
Some high school 1,096
Some college 1,129
Associate degree 379
Bachelors degree 3,302
Graduate degree 2,498

Income/Financial

Average household income $253,362
Median household income $178,794
Median income under 25 $0
Median income 25-44 $182,050
Median income 45-64 $250,001
Median income over 65 $116,193

Housing occupancy

Housing units 4,024
Occupied housing units 3,839
Owner occupied units 3,429
Renter occupied units 410
Median housing costs per month $3,045
Median gross rent per month $2,730

Housing by year built

Year built median 1977
Built before 1939 234
Built between 1940 and 1949 81
Built between 1950 and 1959 500
Built between 1960 and 1969 666
Built between 1970 and 1979 729
Built between 1980 and 1989 852
Built between 1990 and 1999 289
Built between 2000 and 2009 520
Built after 2010 153

Housing mortgage situation

Houses with mortgage 2,299
Houses without mortgage 1,130
Median value with mortgage $1,023,700
Median value without mortgage $967,200
Demographic data shown in this section was gathered from the 2020 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.