Franklin, NJ
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Franklin, NJ: Quick Facts & Overview
- Population: 4,968 residents (440 people per sq. mi.)
- Average House Price: $271,008
- Average Household Income: $92,744
Franklin, NJ is located in the state of New Jersey. It is home to about 4,968 people, with around 440 residents living in every square mile.
If you want to buy a house in Franklin, the average price is around $271,008. That makes local housing 48% lower than the New Jersey average of $522,239, and 12% lower than the national average of $308,592.
The average household in Franklin earns about $92,744 a year. This income is 24% lower than the average family in New Jersey ($122,052), and 18% higher than the national average ($78,686).
Population
4,968
Median Household Income
$92,744
Median Home Value
$271,008
Median Age
48.5 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $44,214 |
| Labor Force Participation | 63.3% |
| Unemployment Rate | 7.2% |
| Average Commute Time | 36.9 mins |
Housing & Community Metrics
| Home Ownership Rate | 56.2% |
| Median Rent | $1,381 |
| Rent Burdened (>30% Income) | 26.5% |
| Total Housing Units | 2,224 |
Additional Census & Housing Profile
Geographic Overview
| County | Sussex |
| County FIPS | 34037 |
| Metro Area (CBSA) | New York-Newark-Jersey City, NY-NJ |
| Combined Area (CSA) | New York-Newark, NY-NJ-CT-PA |
| Population Density | 440.3/sq mi |
| Coordinates (lat/lng) | 41.1101, -74.5886 |
| Timezone | America/New_York |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.94 |
| Dual Income Families | 48.3% |
Marital Status
| Married | 44.6% |
| Never Married | 28.5% |
| Divorced | 20.1% |
| Widowed | 6.8% |
Gender
| Male | 54.0% |
| Female | 46.0% |
Health & Poverty
| Uninsured Rate (Health) | 7.2% |
| Poverty Rate | 8.0% |
Key Population Groups
| Veterans | 6.7% |
| Disabled Population | 13.2% |
| Limited English Proficiency | 4.2% |
All ZIP Codes in Franklin
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 07416 | 5,851 | $93,983 | $289,796 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Hardyston, NJ | 1.7 miles | 8,322 |
| Ogdensburg, NJ | 2.3 miles | 2,160 |
| Hamburg, NJ | 2.8 miles | 3,308 |
| Lafayette, NJ | 4.5 miles | 2,344 |
| Sparta, NJ | 4.7 miles | 20,077 |
| Sussex, NJ | 6.9 miles | 2,145 |
| Vernon Center, NJ | 7 miles | 1,503 |
| Oak Ridge, NJ | 7.2 miles | 10,954 |
| Lake Mohawk, NJ | 7.7 miles | 9,508 |
| Highland Lakes, NJ | 7.7 miles | 3,852 |
| Jefferson, NJ | 7.8 miles | 20,587 |
| Vernon, NJ | 8.1 miles | 22,605 |
| Frankford, NJ | 8.6 miles | 5,322 |
| Branchville, NJ | 8.8 miles | 814 |
| Newfoundland, NJ | 8.9 miles | 1,361 |
| Wantage, NJ | 9.4 miles | 10,941 |
| Newton, NJ | 9.4 miles | 8,369 |
| Andover, NJ | 9.4 miles | 5,801 |
| Hampton, NJ | 10.1 miles | 4,912 |
| West Milford, NJ | 10.3 miles | 24,705 |
| Lake Hopatcong, NJ | 10.4 miles | 10,259 |
| Vernon Valley, NJ | 10.5 miles | 1,532 |
| Rockaway, NJ | 11.4 miles | 26,189 |
| Hopatcong, NJ | 11.4 miles | 14,565 |
| Lake Telemark, NJ | 11.4 miles | 1,506 |
| Macopin, NJ | 12 miles | 2,170 |
| Upper Greenwood Lake, NJ | 12.1 miles | 3,319 |
| Hibernia, NJ | 12.5 miles | 115 |
| Byram, NJ | 12.6 miles | 8,119 |
| Fredon, NJ | 13.1 miles | 3,281 |
| Crandon Lakes, NJ | 13.1 miles | 1,293 |
| Unionville, NY | 13.3 miles | 695 |
| Mount Hope, NJ | 13.4 miles | 3,120 |
| White Meadow Lake, NJ | 13.5 miles | 8,842 |
| Mount Arlington, NJ | 13.5 miles | 5,935 |
| Kinnelon, NJ | 13.6 miles | 10,013 |
| Sandyston, NJ | 13.6 miles | 1,928 |
| Lower Berkshire Valley, NJ | 13.7 miles | 449 |
| Hewitt, NJ | 13.8 miles | 2,417 |
| Byram Center, NJ | 14 miles | 2,188 |
| Layton, NJ | 14.3 miles | 967 |
| Green, NJ | 14.4 miles | 3,657 |
| Bloomingdale, NJ | 14.5 miles | 7,716 |
| Wharton, NJ | 14.5 miles | 7,318 |
| Landing, NJ | 14.5 miles | 4,737 |
| Butler, NJ | 14.7 miles | 8,133 |
| Montague, NJ | 14.8 miles | 3,833 |
| Stanhope, NJ | 14.8 miles | 3,552 |
| Stillwater, NJ | 14.9 miles | 4,052 |
| Port Morris, NJ | 15 miles | 858 |
| Dover, NJ | 15.6 miles | 18,563 |
| Minisink, NY | 15.6 miles | 4,661 |
| Warwick, NY | 15.7 miles | 31,859 |
| Netcong, NJ | 15.8 miles | 3,659 |
| Kenvil, NJ | 15.9 miles | 1,722 |
| Mine Hill, NJ | 16 miles | 4,048 |
| Roxbury, NJ | 16.1 miles | 23,211 |
| Denville, NJ | 16.1 miles | 17,205 |
| Wanaque, NJ | 16.2 miles | 11,206 |
| Ringwood, NJ | 16.3 miles | 11,657 |
| Victory Gardens, NJ | 16.3 miles | 1,759 |
| Riverdale, NJ | 16.5 miles | 4,112 |
| Ledgewood, NJ | 16.7 miles | 5,377 |
| Mountain Lakes, NJ | 17 miles | 4,585 |
| Boonton, NJ | 17.1 miles | 8,854 |
| Pompton Lakes, NJ | 17.4 miles | 11,047 |
| Greenwood Lake, NY | 17.4 miles | 3,020 |
| Mount Tabor, NJ | 17.5 miles | 1,184 |
| Pompton Plains, NJ | 17.6 miles | 10,971 |
| Indian Point, PA | 17.6 miles | 375 |
| Rainbow Lakes, NJ | 17.7 miles | 1,375 |
| Pequannock, NJ | 18 miles | 15,641 |
| Towaco, NJ | 18 miles | 5,612 |
| Montville, NJ | 18.1 miles | 22,876 |
| Budd Lake, NJ | 18.1 miles | 10,650 |
| Succasunna, NJ | 18.1 miles | 9,799 |
| Greenville, NY | 18.2 miles | 4,676 |
| Johnsonburg, NJ | 18.2 miles | 406 |
| Allamuchy, NJ | 18.3 miles | 5,427 |
| Randolph, NJ | 18.4 miles | 26,604 |
| Milford, PA | 18.4 miles | 1,198 |
| Pines Lake, NJ | 18.6 miles | 2,882 |
| Matamoras, PA | 18.6 miles | 2,539 |
| Mount Olive, NJ | 18.7 miles | 29,149 |
| Frelinghuysen, NJ | 18.8 miles | 2,137 |
| Oakland, NJ | 18.9 miles | 12,768 |
| Marksboro, NJ | 18.9 miles | 193 |
| Lake Hiawatha, NJ | 19.1 miles | 11,018 |
| Panther Valley, NJ | 19.2 miles | 4,553 |
| Parsippany-Troy Hills, NJ | 19.3 miles | 56,397 |
| Parsippany, NJ | 19.3 miles | 21,345 |
| Port Jervis, NY | 19.3 miles | 8,652 |
| Birchwood Lakes, PA | 19.4 miles | 1,399 |
| Flanders, NJ | 19.6 miles | 8,809 |
| Florida, NY | 19.6 miles | 2,893 |
| Pocono Ranch Lands, PA | 19.6 miles | 1,187 |
| Lincoln Park, NJ | 19.7 miles | 10,957 |
| Delaware, PA | 19.7 miles | 7,629 |
| Morris Plains, NJ | 19.8 miles | 6,315 |
| Pocono Mountain Lake Estates, PA | 19.8 miles | 700 |