Franklin Lakes - Neighborhood Information


Population

Total population 11,037
Male population 5,528
Female population 5,509
Median age 48.10
Median age (male) 45.50
Median age (female) 49.40

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

Never married 1,966
Married 6,083
Separated 41
Widowed 401
Divorced 509

Population by age

Under 15 2,078
Age 15 to 24 1,344
Ages 25 to 44 1,704
Ages 45 to 64 3,646
Age 65 and over 2,265

Population mobility

Live in the same house as 1 year ago 9,997
Moved from abroad 156
Moved from a different state 151
Moved from the same county 621
Moved from the same state 95

Population by poverty level

Above poverty level 10,771
Below poverty level (daily income under $1.90/day) 249

Employment

White collar 4,783
Blue collar 285

Class of worker

Self employed 1,121
Private company 3,225
Not for profit company 333
Government workers 389

Households

Total households 3,847
Family households 3,233
Non-family households 614
Households with children 1,376
Households without children 2,471
Average people per household 2.87

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

No high school 37
Some high school 1,024
Some college 1,057
Associate degree 435
Bachelors degree 3,365
Graduate degree 2,633

Income/Financial

Average household income $273,629
Median household income $188,217
Median income under 25 $0
Median income 25-44 $199,167
Median income 45-64 $250,001
Median income over 65 $118,906

Housing occupancy

Housing units 4,035
Occupied housing units 3,847
Owner occupied units 3,408
Renter occupied units 439
Median housing costs per month $3,302
Median gross rent per month $2,861

Housing by year built

Year built median 1977
Built before 1939 188
Built between 1940 and 1949 69
Built between 1950 and 1959 436
Built between 1960 and 1969 828
Built between 1970 and 1979 716
Built between 1980 and 1989 713
Built between 1990 and 1999 295
Built between 2000 and 2009 579
Built after 2010 211

Housing mortgage situation

Houses with mortgage 2,210
Houses without mortgage 1,198
Median value with mortgage $1,037,500
Median value without mortgage $949,800
Demographic data shown in this section was gathered from the 2021 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.