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Franklin Lakes - Neighborhood Information


Population
Total population 10,953
Male population 5,442
Female population 5,511
Median age 47.20
Median age (male) 47.40
Median age (female) 47.10
Marital status (Number of people who have the following marital status)
Never married 2,112
Married 5,884
Separated 19
Widowed 396
Divorced 613
Population by age
Under 15 1,948
Age 15 to 24 1,347
Ages 25 to 44 1,821
Ages 45 to 64 3,516
Age 65 and over 2,321
Population mobility
Live in the same house as 1 year ago 10,183
Moved from abroad 48
Moved from a different state 153
Moved from the same county 379
Moved from the same state 86
Population by poverty level
Above poverty level 10,523
Below poverty level (daily income under $1.90/day) 326
Employment
White collar 4,728
Blue collar 345
Class of worker
Self employed 1,376
Private company 3,133
Not for profit company 364
Government workers 200
Households
Total households 3,853
Family households 3,197
Non-family households 656
Households with children 1,369
Households without children 2,484
Average people per household 2.84
Education (Number of people who have achieved the following levels of education)
No high school 106
Some high school 1,297
Some college 1,296
Associate degree 414
Bachelors degree 3,234
Graduate degree 2,158
Income/Financial
Average household income $220,856
Median household income $155,458
Median income under 25 $0
Median income 25-44 $147,083
Median income 45-64 $235,139
Median income over 65 $103,155
Housing occupancy
Housing units 4,024
Occupied housing units 3,853
Owner occupied units 3,367
Renter occupied units 486
Median housing costs per month $2,943
Median gross rent per month $2,385
Housing by year built
Year built median 1977
Built before 1939 326
Built between 1940 and 1949 178
Built between 1950 and 1959 355
Built between 1960 and 1969 753
Built between 1970 and 1979 556
Built between 1980 and 1989 797
Built between 1990 and 1999 341
Built between 2000 and 2009 663
Built after 2010 55
Housing mortgage situation
Houses with mortgage 2,142
Houses without mortgage 1,225
Median value with mortgage $1,011,500
Median value without mortgage $918,600
Data on community demographi​cs provided by OnBoard LLC Copyright © OnBoard LLC. Informatio​n is deemed reliable but is not guaranteed​. All community demographi​cs data is for the year 2017 unless otherwise specified.​