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Franklin Lakes - Neighborhood Information


Population
Total population 10,946
Male population 5,489
Female population 5,457
Median age 48.30
Median age (male) 46.80
Median age (female) 49.30
Marital status (Number of people who have the following marital status)
Never married 2,038
Married 6,076
Separated 38
Widowed 387
Divorced 511
Population by age
Under 15 1,934
Age 15 to 24 1,231
Ages 25 to 44 1,886
Ages 45 to 64 3,576
Age 65 and over 2,319
Population mobility
Live in the same house as 1 year ago 10,135
Moved from abroad 57
Moved from a different state 199
Moved from the same county 456
Moved from the same state 91
Population by poverty level
Above poverty level 10,864
Below poverty level (daily income under $1.90/day) 74
Employment
White collar 4,779
Blue collar 394
Class of worker
Self employed 1,244
Private company 3,474
Not for profit company 237
Government workers 218
Households
Total households 3,845
Family households 3,265
Non-family households 580
Households with children 1,204
Households without children 2,641
Average people per household 2.85
Education (Number of people who have achieved the following levels of education)
No high school 91
Some high school 1,219
Some college 1,321
Associate degree 398
Bachelors degree 3,384
Graduate degree Not available
Income/Financial
Average household income $250,680
Median household income $172,766
Median income under 25 $0
Median income 25-44 $157,560
Median income 45-64 $250,001
Median income over 65 $121,473
Housing occupancy
Housing units 4,012
Occupied housing units 3,845
Owner occupied units 3,435
Renter occupied units 410
Median housing costs per month $2,930
Median gross rent per month $2,642
Housing by year built
Year built median 1976
Built before 1939 255
Built between 1940 and 1949 121
Built between 1950 and 1959 524
Built between 1960 and 1969 641
Built between 1970 and 1979 779
Built between 1980 and 1989 865
Built between 1990 and 1999 256
Built between 2000 and 2009 525
Built after 2010 46
Housing mortgage situation
Houses with mortgage 2,160
Houses without mortgage 1,275
Median value with mortgage $937,300
Median value without mortgage $963,000
Demographic data shown in this section was gathered from the 2019 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.