FRANKLIN, NJ  07416

Total Population: 5,746

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Median Home Value

$263,600

Owner-occupied units

Median Household Income

$90,869

Across all households

Median Age

50.6 yrs

Across all residents

Bachelor's Degree+

21.8%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)77.8%
Hispanic or Latino16.5%
Two or More Races4.0%
Other Race0.8%
Black (Non-Hispanic)0.7%
Asian (Non-Hispanic)0.2%

Under 18 Years

16.5%

65 Years and Over

25.5%

Male

53.2%

Female

46.8%

U.S. Citizens (18+)

96.3%

No Health Insurance

Education

3 fields

High School Graduate or Higher (25+)

92.6%

Bachelor's Degree or Higher (25+)

21.8%

Enrolled in College (18+)

5.3%

Economics

6 fields

Median Household Income

$90,869

Mean Household Income

$99,018

Per Capita Income

$45,150

Unemployment Rate (16+)

6.8%

In Labor Force (19–64)

85.7%

SNAP / Food Stamps

Housing & Households

13 fields

Median Home Value

$263,600

Median Rent

$1,346/mo

Total Housing Units

2,837

Owner-Occupied

62.3%

Renter-Occupied

37.7%

Vacancy Rate

Married Couple Households

42.3%

Cohabiting Couple Households

Male Householder, No Partner

28.5%

Female Householder, No Partner

23.3%

Average Household Size

2.18

Broadband Internet Access

89.1%

Housing Built Since 2010

1.8%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 07416.