01

Franklin Lakes INFORMATION

Population: 11,825

Male 49% Female 51%
Married 71%
Single 29%

City rating

This rating is a weighted average of commute time, crime rate, population, median salary, and more.

10/10

Overall value

This score adds annual household income and cost of living to the city rating.

9/10

Density (Population per mile²)

Compared to New York, Franklin Lakes has a very low population density. Franklin Lakes is perfect for those who like a quiet city.

1,251 Franklin Lakes
27,441 New York

City Info

Franklin Lakes, NJ is a great place to live. It has its pros and cons like any city, but with a quality of life rating of 10/10 and an overall value of 9/10, it’s no surprise why so many people choose to live here.

Population density is a way of determining how crowded an area is. Franklin Lakes has a population density of 1,251, with 11,825 current residents.

Out of the 11,825 current residents, 49% are male and 51% are female. 71% of the residents are married and 29% are single.

02

Residence

Air quality

Bad air quality

Weather

  • 57% Sun
  • 50% Rain
  • 28% Snow

Condition

52°F average temperature

  • 33 years Median home age
  • $806,260 Median home price
  • -16.68% Home appreciation rate
  • 21.97% Annual property tax
  • 92.2%
    Homes owned
  • 4.8%
    Homes rented
  • 3%
    Homes vacant

Residence

As for living in Franklin Lakes, the air quality is 15% and the weather, on average, is 57% sunny, 50% rainy, and 28% snowy. The average temperature is 52°F.

Whether you’re looking to buy or rent a home in Franklin Lakes, you should know that 92.2% of homes are owned while 4.8% of homes are rented, and 3% of homes are vacant. The median price of a home is $806,260, the median age of homes is 33 years, the annual home appreciation is -16.68% and the annual property tax is 21.97%.

03

Community

Religious diversity

  • Crime rate (per 100,000)

    1

  • Average age

    42

  • Political majority

    Democrat Democrat

Community

When looking at the community of Franklin Lakes, it’s important to determine the crime rate. Franklin Lakes’s crime rate is 1 total number of crimes reported per 100,000 total population. The average age of residents in Franklin Lakes is 42 years and the breakdown of political affiliations is 54.19% Democratic, 44.75% Republican, and 1.06% Independent.

04

Locale

Unemployment

8%

Education

Student teacher ratio 1:10

Occupation

  • Management, Business, Art & Sciences
    29%
  • Sales & Office Occupations
    29.9%
  • Service Occupations
    6.3%
  • Production, Transportation & Material Moving
    4.9%
  • Natural Resources, Construction & Maintenance
    4.6%
  • 95%
    High school diploma
  • 6%
    Some college or associates degree
  • 31%
    Bachelors degree
  • 21%
    Graduate or professional degree

Locale

When looking at Franklin Lakes, it’s important to understand employment statistics. 7.90% of residents are unemployed in Franklin Lakes (which does not include the percentage of residents who are no longer in the labor force). Of the employed Franklin Lakes residents: 29% of employed residents work in the management and business field, 25.34% are in the arts and sciences field, 6.3% are in the customer service field, 29.9% are in the sales field, 0.00% work in farming, fishing, and forestry, 4.6% of employed residents work in the construction field, and 4.9% work in production. When it comes to education, the ratio of teachers to students is 1:10. The percentage of residents who have graduated high school is 94.64%, 5.87% of residents have an associate’s degree, 31.26% of residents have a bachelor’s degree, and 21.48% have a master’s degree.

05

Transit

Average commute time

Daily breakdown: by transport type

  • Public
    transportation
  • Car
  • Carpool
  • Work at home

Transit

If you plan on commuting to work in Franklin Lakes, you should be aware that the average commute time is 34 minutes, compared to the national average commute time of 26 minutes. When it comes to commuting, residents of Franklin Lakes have a few different options. 80% of commuters use their own cars, 6% of commuters carpool, 6% of commuters use the transit system, and 7% of residents work from home.

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