FRANKLIN LAKES, NJ  07417

Total Population: 11,035

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Median Home Value

$1,218,500

Owner-occupied units

Median Household Income

$231,184

Across all households

Median Age

46.9 yrs

Across all residents

Bachelor's Degree+

78.8%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)74.1%
Asian (Non-Hispanic)11.7%
Hispanic or Latino7.4%
Black (Non-Hispanic)5.1%
Two or More Races1.3%
Other Race0.4%

Under 18 Years

25.4%

65 Years and Over

21.7%

Male

52.0%

Female

48.0%

U.S. Citizens (18+)

95.5%

No Health Insurance

Education

3 fields

High School Graduate or Higher (25+)

98.4%

Bachelor's Degree or Higher (25+)

78.8%

Enrolled in College (18+)

6.4%

Economics

6 fields

Median Household Income

$231,184

Mean Household Income

$321,952

Per Capita Income

$110,744

Unemployment Rate (16+)

In Labor Force (19–64)

78.3%

SNAP / Food Stamps

1.9%

Housing & Households

13 fields

Median Home Value

$1,218,500

Median Rent

$3,328/mo

Total Housing Units

3,886

Owner-Occupied

88.2%

Renter-Occupied

11.8%

Vacancy Rate

Married Couple Households

80.2%

Cohabiting Couple Households

0.3%

Male Householder, No Partner

5.6%

Female Householder, No Partner

13.8%

Average Household Size

2.92

Broadband Internet Access

96.9%

Housing Built Since 2010

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 07417.