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City Data forFranklin Lakes,NJ

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What is the best city to live in in the USA? The city statistics provided here are gathered from the latest published data from the US Census Bureau and Realtor.com. It is meant to provide information about the city of Franklin Lakes as you decide on a location for your next home or real estate venture. We provide real estate statistics as well as general city statistics.

Talking with an experienced Real Estate Agent who knows Franklin Lakes well can be a great next step in getting the information you need to make an informed decision. Search our directory and message an agent today.

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Housing Data (June 2025)

Median Price per SqFt
$334
Median Listing Price
$3,161,250
Median Days on Market
46
Active Listings
40
New Listings
12
Total Listings (Active + Pending)
48
Avg Listing Price
$3,315,713
Avg Listing Price Change MoM
-0%
Avg Listing Price Change YoY
20%

City Data

City
Franklin Lakes
State ID
NJ
Population
11,119

Age Breakdown

Median Age
48.3
Under 10 years old
9.9%
Age 10-19
14.2%
Age 20s
9.3%
Age 30s
8.1%
Age 40s
11.8%
Age 50s
17.0%
Age 60s
14.1%
Age 70s
10.8%
Age Over 80
4.8%

Gender Breakdown

Male
50.1%
Female
49.9%

Marital Status

Married
67.0%
Divorced
6.1%
Never Married
22.6%
Widowed
4.3%

Household

Family Size
3.14
Family Dual Income
54.8
Median Household Income
$172,766
Median Individual Income
$70,503
Home Ownership
89.3%
Home Value
$946,839
Median Rent
$2,642
Rent Burden
36.9%
Poverty
0.7%

Education

No Highschool Degree or GED
1.4%
Highschool Education
12.5%
Some College
17.0%
Bachelors Degree
39.7%
Graduate Degree
29.4%
Total College or Above
69.1%
Stem Degree
45.0%

Workforce

Labor Force Participation
61.4%
Unemployment Rate
5.2%
Disabled
6.5%

Ethnicity

White
87.6%
Black
2.6%
Asian
6.2%
Native American
0.0%
Pacific Islander
0.4%
Other
1.8%
Multiple
1.3%

Other

Hispanic
8.3%
Limited English
1.4%
Health Uninsured
2.0%
Veteran
6.5%
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