Franklin Lakes borough, NJ Map & Demographics

Q: What is Per Capita Income in Franklin Lakes borough?

Per Capita income in Franklin Lakes borough is $102,827.

Q: What is the Median Family Income in Franklin Lakes borough?

Median Family Income in Franklin Lakes borough is $232,224.

Q: What is the Median Household income in Franklin Lakes borough?

Median Household Income in Franklin Lakes borough is $204,917.

Q: What is Income or Wage Gap in Franklin Lakes borough?

Income or Wage Gap in Franklin Lakes borough is 58.0%.Women in Franklin Lakes borough earn 42.0 cents for every dollar earned by a man.

Q: What is Inequality or Gini Index in Franklin Lakes borough?

Inequality or Gini Index in Franklin Lakes borough is 0.50.

Q: What is the Total Population of Franklin Lakes borough?

Total Population of Franklin Lakes borough is 11,007.

Q: What is the Total Male Population of Franklin Lakes borough?

Total Male Population of Franklin Lakes borough is 5,604.

Q: What is the Total Female Population of Franklin Lakes borough?

Total Female Population of Franklin Lakes borough is 5,403.

Q: What is the Ratio of Males per 100 Females in Franklin Lakes borough?

There are 103.72 Males per 100 Females in Franklin Lakes borough.

Q: What is the Ratio of Females per 100 Males in Franklin Lakes borough?

There are 96.41 Females per 100 Males in Franklin Lakes borough.

On this page

Overview Zip Codes Area Codes Income Income Overview Earnings by Sex Earnings by Sex by Income Bracket Earnings by Sex by Education Income (Family)Family Income Brackets Family Income by Family Size Family Income by Number of Earners Income (Household)Household Income Brackets Household Income by Householder Age Poverty Income Below Poverty by Sex by Age Income Above Poverty by Sex by Age Poverty Among Married-Couple Families Poverty Among Single-Parent Households Poverty Among Married Couples vs Single Parents Race Ancestry Immigrants Sex and Age Families and Households Median Family Size by Type Median Household Size by Type Household Size by Marriage Status Fertility Fertility by Age Fertility by Age by Marriage Status Fertility by Education Fertility by Education by Marriage Status Employment Employment by Class of Employer Employment Status by Age Employment Status by Education Employment Occupations by Sex Employment Industries by Sex Education School Enrollment School Enrollment by Age by Funding Source Educational Attainment by Field of Study Transportation & Commute Vehicle Availability by Sex Commute Time Commute Time by Sex Time of Departure to Work by Sex Housing Occupancy Occupancy by Ownership Occupancy by Household Size Occupancy by Ownership Household Size Occupancy by Educational Attainment Occupancy by Age of Householder Housing Finances Median Income by Occupancy Occupancy by Income Brackets Housing Costs Monthly Median Housing Costs Monthly Housing Cost Tiers Physical Housing Characteristics Housing Structures Housing Structures by Occupancy Housing Structures by Number of Rooms Housing Structures by Heating Type Households by Vehicle Usage Real Estate & Mortgages Real Estate & Mortgage Overview Property Value by Mortgage Status Housing Costs by Income by Mortgage Status Property Value to Household Income Ratio Real Estate Taxes by Mortgage Status Health & Disability Health Insurance Coverage by Age Health Insurance Coverage by Citizenship Health Insurance Coverage by Household Income Public vs Private Health Insurance Coverage Disability Status by Sex by Age Disability Class by Sex by Age Technology Access Computing Device Access Internet Access Summary Common Questions

Franklin Lakes borough Overview

$102,827

PER CAPITA INCOME

$232,224

AVG FAMILY INCOME

$204,917

AVG HOUSEHOLD INCOME

58.0%

WAGE / INCOME GAP [ % ]

42.0¢/ $1

WAGE / INCOME GAP [ $ ]

0.50

INEQUALITY / GINI INDEX

11,007

TOTAL POPULATION

5,604

MALE POPULATION

5,403

FEMALE POPULATION

103.72

MALES / 100 FEMALES

96.41

FEMALES / 100 MALES

47.6

MEDIAN AGE

3.2

AVG FAMILY SIZE

2.9

AVG HOUSEHOLD SIZE

4,845

LABOR FORCE [ PEOPLE ]

55.8%

PERCENT IN LABOR FORCE

4.4%

UNEMPLOYMENT RATE

Income in Franklin Lakes borough

Income Overview in Franklin Lakes borough

Per Capita Income in Franklin Lakes borough is $102,827, while median incomes of families and households are $232,224 and $204,917 respectively.

Characteristic	Number	Measure
Per Capita Income	11,007	$102,827
Median Family Income	3,261	$232,224
Mean Family Income	3,261	$328,622
Median Household Income	3,767	$204,917
Mean Household Income	3,767	$297,367
Income Deficit	3,261	$0
Wage / Income Gap (%)	11,007	58.01%
Wage / Income Gap ($)	11,007	41.99¢ per $1
Gini / Inequality Index	11,007	0.50

Earnings by Sex in Franklin Lakes borough

Average Earnings in Franklin Lakes borough are $88,953, $130,536 for men and $54,815 for women, a difference of 58.0%.

Sex	Number	Average Earnings
Male	2,851 (56.2%)	$130,536
Female	2,224 (43.8%)	$54,815
Total	5,075 (100.0%)	$88,953

Earnings by Sex by Income Bracket in Franklin Lakes borough

The most common earnings brackets in Franklin Lakes borough are $100,000+ for men (1,734 | 60.8%) and $100,000+ for women (642 | 28.9%).

Income	Male	Female
$2,499 or less	100 (3.5%)	110 (5.0%)
$2,500 to $4,999	20 (0.7%)	54 (2.4%)
$5,000 to $7,499	160 (5.6%)	10 (0.4%)
$7,500 to $9,999	11 (0.4%)	47 (2.1%)
$10,000 to $12,499	39 (1.4%)	97 (4.4%)
$12,500 to $14,999	10 (0.4%)	11 (0.5%)
$15,000 to $17,499	22 (0.8%)	117 (5.3%)
$17,500 to $19,999	67 (2.4%)	90 (4.1%)
$20,000 to $22,499	0 (0.0%)	75 (3.4%)
$22,500 to $24,999	29 (1.0%)	45 (2.0%)
$25,000 to $29,999	52 (1.8%)	101 (4.5%)
$30,000 to $34,999	23 (0.8%)	93 (4.2%)
$35,000 to $39,999	33 (1.2%)	41 (1.8%)
$40,000 to $44,999	19 (0.7%)	61 (2.7%)
$45,000 to $49,999	16 (0.6%)	77 (3.5%)
$50,000 to $54,999	20 (0.7%)	89 (4.0%)
$55,000 to $64,999	105 (3.7%)	155 (7.0%)
$65,000 to $74,999	146 (5.1%)	71 (3.2%)
$75,000 to $99,999	245 (8.6%)	238 (10.7%)
$100,000+	1,734 (60.8%)	642 (28.9%)
Total	2,851 (100.0%)	2,224 (100.0%)

Earnings by Sex by Educational Attainment in Franklin Lakes borough

Average earnings in Franklin Lakes borough are $153,239 for men and $61,056 for women, a difference of 60.2%. Men with an educational attainment of graduate degree enjoy the highest average annual earnings of $224,286, while those with college or associate's degree education earn the least with $110,985. Women with an educational attainment of graduate degree earn the most with the average annual earnings of $88,798, while those with high school diploma education have the smallest earnings of $40,804.

Educational Attainment	Male Income	Female Income
Less than High School	-	-
High School Diploma	-	-
College or Associate's Degree	$110,985	$45,000
Bachelor's Degree	$155,000	$47,446
Graduate Degree	$224,286	$88,798
Total	$153,239	$61,056

Family Income in Franklin Lakes borough

Family Income Brackets in Franklin Lakes borough

According to the Franklin Lakes borough family income data, there are 1,940 families falling into the $200,000+ income range, which is the most common income bracket and makes up 59.5% of all families. Conversely, the $10,000 to $14,999 income bracket is the least frequent group with only 10 families (0.3%) belonging to this category.

Income Bracket	# Families	% Families
Less than $10,000	82	2.5%
$10,000 to $14,999	10	0.3%
$15,000 to $24,999	16	0.5%
$25,000 to $34,999	16	0.5%
$35,000 to $49,999	199	6.1%
$50,000 to $74,999	218	6.7%
$75,000 to $99,999	91	2.8%
$100,000 to $149,999	411	12.6%
$150,000 to $199,999	280	8.6%
$200,000+	1,940	59.5%

Family Income by Famaliy Size in Franklin Lakes borough

4-person families (837 | 25.7%) account for the highest median family income in Franklin Lakes borough with $250,001 per family, while 2-person families (1,392 | 42.7%) have the highest median income of $85,312 per family member.

Income Bracket	# Families	Median Income
2-Person Families	1,392 (42.7%)	$170,625
3-Person Families	625 (19.2%)	$207,455
4-Person Families	837 (25.7%)	$250,001
5-Person Families	242 (7.4%)	$250,001
6-Person Families	119 (3.6%)	$250,001
7+ Person Families	46 (1.4%)	$0
Total	3,261 (100.0%)	$232,224

Family Income by Number of Earners in Franklin Lakes borough

The median family income in Franklin Lakes borough is $232,224, with families comprising 2 earners (1,157) having the highest median family income of $250,001, while families with no earners (639) have the lowest median family income of $73,309, accounting for 35.5% and 19.6% of families, respectively.

Number of Earners	# Families	Median Income
No Earners	639 (19.6%)	$73,309
1 Earner	993 (30.4%)	$238,354
2 Earners	1,157 (35.5%)	$250,001
3+ Earners	472 (14.5%)	$250,001
Total	3,261 (100.0%)	$232,224

Household Income in Franklin Lakes borough

Household Income Brackets in Franklin Lakes borough

With 1,963 households falling in the category, the $200,000+ income range is the most frequent in Franklin Lakes borough, accounting for 52.1% of all households. In contrast, only 8 households (0.2%) fall into the $10,000 to $14,999 income bracket, making it the least populous group.

Income Bracket	# Households	% Households
Less than $10,000	121	3.2%
$10,000 to $14,999	8	0.2%
$15,000 to $24,999	15	0.4%
$25,000 to $34,999	132	3.5%
$35,000 to $49,999	237	6.3%
$50,000 to $74,999	256	6.8%
$75,000 to $99,999	139	3.7%
$100,000 to $149,999	501	13.3%
$150,000 to $199,999	392	10.4%
$200,000+	1,963	52.1%

Household Income by Householder Age in Franklin Lakes borough

The median household income in Franklin Lakes borough is $204,917, with the highest median household income of $250,001 found in the 45 to 64 years age bracket for the primary householder. A total of 1,831 households (48.6%) fall into this category.

Income Bracket	# Households	Median Income
15 to 24 Years	0 (0.0%)	$0
25 to 44 Years	525 (13.9%)	$238,405
45 to 64 Years	1,831 (48.6%)	$250,001
65+ Years	1,411 (37.5%)	$124,280
Total	3,767 (100.0%)	$204,917

Poverty in Franklin Lakes borough

Income Below Poverty by Sex and Age in Franklin Lakes borough

With 3.0% poverty level for males and 3.4% for females among the residents of Franklin Lakes borough, 15 year old males and 65 to 74 year old females are the most vulnerable to poverty, with 27 males (25.7%) and 84 females (11.2%) in their respective age groups living below the poverty level.

Age Bracket	Male	Female
Under 5 Years	0 (0.0%)	0 (0.0%)
5 Years	0 (0.0%)	0 (0.0%)
6 to 11 Years	0 (0.0%)	24 (3.8%)
12 to 14 Years	0 (0.0%)	0 (0.0%)
15 Years	27 (25.7%)	0 (0.0%)
16 and 17 Years	0 (0.0%)	0 (0.0%)
18 to 24 Years	0 (0.0%)	1 (0.4%)
25 to 34 Years	0 (0.0%)	0 (0.0%)
35 to 44 Years	0 (0.0%)	9 (1.5%)
45 to 54 Years	21 (2.8%)	26 (2.8%)
55 to 64 Years	17 (1.7%)	0 (0.0%)
65 to 74 Years	80 (15.8%)	84 (11.2%)
75 Years and over	23 (4.1%)	41 (7.2%)
Total	168 (3.0%)	185 (3.4%)

Income Above Poverty by Sex and Age in Franklin Lakes borough

According to the poverty statistics in Franklin Lakes borough, males aged under 5 years and females aged under 5 years are the age groups that are most secure financially, with 100.0% of males and 100.0% of females in these age groups living above the poverty line.

Age Bracket	Male	Female
Under 5 Years	130 (100.0%)	140 (100.0%)
5 Years	92 (100.0%)	30 (100.0%)
6 to 11 Years	512 (100.0%)	602 (96.2%)
12 to 14 Years	446 (100.0%)	145 (100.0%)
15 Years	78 (74.3%)	98 (100.0%)
16 and 17 Years	255 (100.0%)	150 (100.0%)
18 to 24 Years	570 (100.0%)	239 (99.6%)
25 to 34 Years	265 (100.0%)	323 (100.0%)
35 to 44 Years	436 (100.0%)	576 (98.5%)
45 to 54 Years	730 (97.2%)	916 (97.2%)
55 to 64 Years	964 (98.3%)	803 (100.0%)
65 to 74 Years	425 (84.2%)	665 (88.8%)
75 Years and over	533 (95.9%)	531 (92.8%)
Total	5,436 (97.0%)	5,218 (96.6%)

Income Below Poverty Among Married-Couple Families in Franklin Lakes borough

The poverty statistics for married-couple families in Franklin Lakes borough show that 3.7% or 113 of the total 3,051 families live below the poverty line. Families with no children have the highest poverty rate of 5.1%, comprising of 86 families. On the other hand, families with 3 or 4 children have the lowest poverty rate of 0.0%, which includes 0 families.

Children	Above Poverty	Below Poverty
No Children	1,589 (94.9%)	86 (5.1%)
1 or 2 Children	1,111 (97.6%)	27 (2.4%)
3 or 4 Children	212 (100.0%)	0 (0.0%)
5 or more Children	26 (100.0%)	0 (0.0%)
Total	2,938 (96.3%)	113 (3.7%)

Income Below Poverty Among Single-Parent Households in Franklin Lakes borough

Children	Single Father	Single Mother
No Children	0 (0.0%)	0 (0.0%)
1 or 2 Children	0 (0.0%)	9 (81.8%)
3 or 4 Children	0 (0.0%)	0 (0.0%)
5 or more Children	0 (0.0%)	0 (0.0%)
Total	0 (0.0%)	9 (4.5%)

Income Below Poverty Among Married-Couple vs Single-Parent Households in Franklin Lakes borough

The poverty data for Franklin Lakes borough shows that 113 of the married-couple family households (3.7%) and 9 of the single-parent households (4.3%) are living below the poverty level. Within the married-couple family households, those with no children have the highest poverty rate, with 86 households (5.1%) falling below the poverty line. Among the single-parent households, those with 1 or 2 children have the highest poverty rate, with 9 household (81.8%) living below poverty.

Children	Married-Couple Families	Single-Parent Households
No Children	86 (5.1%)	0 (0.0%)
1 or 2 Children	27 (2.4%)	9 (81.8%)
3 or 4 Children	0 (0.0%)	0 (0.0%)
5 or more Children	0 (0.0%)	0 (0.0%)
Total	113 (3.7%)	9 (4.3%)

Race in Franklin Lakes borough

The most populous races in Franklin Lakes borough are White / Caucasian (8,860 | 80.5%), Asian (1,073 | 9.8%), and Hispanic or Latino (984 | 8.9%).

Race	# Population	% Population
Asian	1,073	9.8%
Black / African American	258	2.3%
Hawaiian / Pacific	0	0.0%
Hispanic or Latino	984	8.9%
Native / Alaskan	0	0.0%
White / Caucasian	8,860	80.5%
Two or more Races	772	7.0%
Some other Race	44	0.4%
Total	11,007	100.0%

Ancestry in Franklin Lakes borough

The most populous ancestries reported in Franklin Lakes borough are Italian (2,332 | 21.2%), Irish (1,352 | 12.3%), Polish (1,324 | 12.0%), German (1,302 | 11.8%), and Russian (842 | 7.6%), together accounting for 65.0% of all Franklin Lakes borough residents.

Ancestry	# Population	% Population
Afghan	20	0.2%
Albanian	83	0.7%
American	314	2.9%
Arab	525	4.8%
Argentinean	239	2.2%
Armenian	108	1.0%
Austrian	123	1.1%
Belgian	5	0.1%
Bhutanese	59	0.5%
British	11	0.1%
Burmese	369	3.4%
Colombian	109	1.0%
Croatian	48	0.4%
Cuban	145	1.3%
Cypriot	8	0.1%
Czech	58	0.5%
Danish	17	0.2%
Dominican	86	0.8%
Dutch	218	2.0%
Eastern European	440	4.0%
Egyptian	142	1.3%
English	562	5.1%
European	249	2.3%
Filipino	66	0.6%
French	134	1.2%
French Canadian	6	0.1%
German	1,302	11.8%
Greek	293	2.7%
Hungarian	131	1.2%
Indian (Asian)	188	1.7%
Iranian	91	0.8%
Irish	1,352	12.3%
Israeli	43	0.4%
Italian	2,332	21.2%
Jamaican	13	0.1%
Jordanian	22	0.2%
Korean	71	0.6%
Lebanese	102	0.9%
Lithuanian	71	0.6%
Maltese	4	0.0%
Nigerian	13	0.1%
Norwegian	47	0.4%
Peruvian	102	0.9%
Polish	1,324	12.0%
Portuguese	42	0.4%
Puerto Rican	251	2.3%
Romanian	18	0.2%
Russian	842	7.6%
Scandinavian	68	0.6%
Scottish	73	0.7%
Slovak	57	0.5%
South American	450	4.1%
Spaniard	37	0.3%
Subsaharan African	13	0.1%
Swedish	185	1.7%
Swiss	7	0.1%
Syrian	315	2.9%
Thai	412	3.7%
Turkish	11	0.1%
Ukrainian	208	1.9%
Vietnamese	11	0.1%
Yugoslavian	27	0.3%
View All 62 Rows

Immigrants in Franklin Lakes borough

The most numerous immigrant groups reported in Franklin Lakes borough came from Asia (898 | 8.2%), Europe (610 | 5.5%), Eastern Asia (395 | 3.6%), Eastern Europe (369 | 3.4%), and Western Asia (311 | 2.8%), together accounting for 23.5% of all Franklin Lakes borough residents.

Immigration Origin	# Population	% Population
Afghanistan	10	0.1%
Africa	149	1.3%
Albania	5	0.1%
Asia	898	8.2%
Belarus	6	0.1%
Brazil	10	0.1%
Canada	35	0.3%
Caribbean	83	0.7%
China	156	1.4%
Colombia	111	1.0%
Cuba	57	0.5%
Czechoslovakia	57	0.5%
Eastern Africa	29	0.3%
Eastern Asia	395	3.6%
Eastern Europe	369	3.4%
Egypt	43	0.4%
England	133	1.2%
Europe	610	5.5%
Germany	19	0.2%
Greece	17	0.2%
India	151	1.4%
Iran	31	0.3%
Israel	32	0.3%
Italy	64	0.6%
Jordan	13	0.1%
Kenya	29	0.3%
Korea	239	2.2%
Latin America	259	2.4%
Lebanon	16	0.2%
Northern Africa	54	0.5%
Northern Europe	141	1.3%
Peru	55	0.5%
Poland	116	1.1%
Russia	129	1.2%
South America	176	1.6%
South Central Asia	192	1.7%
Southern Europe	81	0.7%
Syria	189	1.7%
Taiwan	59	0.5%
Trinidad and Tobago	26	0.2%
Turkey	30	0.3%
Ukraine	37	0.3%
Western Asia	311	2.8%
Western Europe	19	0.2%
View All 44 Rows

Sex and Age in Franklin Lakes borough

The most populous age groups in Franklin Lakes borough are 15 to 19 Years (647 | 11.6%) for men and 55 to 59 Years (532 | 9.9%) for women.

Age Bracket	Male	Female
Under 5 Years	130 (2.3%)	140 (2.6%)
5 to 9 Years	419 (7.5%)	413 (7.6%)
10 to 14 Years	631 (11.3%)	388 (7.2%)
15 to 19 Years	647 (11.6%)	324 (6.0%)
20 to 24 Years	283 (5.1%)	164 (3.0%)
25 to 29 Years	163 (2.9%)	284 (5.3%)
30 to 34 Years	102 (1.8%)	39 (0.7%)
35 to 39 Years	120 (2.1%)	207 (3.8%)
40 to 44 Years	316 (5.6%)	378 (7.0%)
45 to 49 Years	366 (6.5%)	456 (8.4%)
50 to 54 Years	385 (6.9%)	486 (9.0%)
55 to 59 Years	625 (11.2%)	532 (9.9%)
60 to 64 Years	356 (6.4%)	271 (5.0%)
65 to 69 Years	298 (5.3%)	433 (8.0%)
70 to 74 Years	207 (3.7%)	316 (5.9%)
75 to 79 Years	356 (6.4%)	298 (5.5%)
80 to 84 Years	131 (2.3%)	142 (2.6%)
85 Years and over	69 (1.2%)	132 (2.4%)
Total	5,604 (100.0%)	5,403 (100.0%)

Families and Households in Franklin Lakes borough

Median Family Size in Franklin Lakes borough

The median family size in Franklin Lakes borough is 3.20 persons per family, with married-couple families (3,051 | 93.6%) accounting for the largest median family size of 3.23 persons per family. On the other hand, single male/father families (8 | 0.3%) represent the smallest median family size with 2.25 persons per family.

Family Type	# Families	Family Size
Married-Couple	3,051 (93.6%)	3.23
Single Male/Father	8 (0.3%)	2.25
Single Female/Mother	202 (6.2%)	2.76
Total Families	3,261 (100.0%)	3.20

Median Household Size in Franklin Lakes borough

The median household size in Franklin Lakes borough is 2.92 persons per household, with married-couple households (3,051 | 81.0%) accounting for the largest median household size of 3.24 persons per household. non-family households (506 | 13.4%) represent the smallest median household size with 1.08 persons per household.

Household Type	# Households	Household Size
Married-Couple	3,051 (81.0%)	3.24
Single Male/Father	8 (0.2%)	2.25
Single Female/Mother	202 (5.4%)	2.79
Non-family	506 (13.4%)	1.08
Total Households	3,767 (100.0%)	2.92

Household Size by Marriage Status in Franklin Lakes borough

Out of a total of 3,767 households in Franklin Lakes borough, 3,261 (86.6%) are family households, while 506 (13.4%) are nonfamily households. The most numerous type of family households are 2-person households, comprising 1,359, and the most common type of nonfamily households are 1-person households, comprising 464.

Household Size	Family Households	Nonfamily Households
1-Person Households	-	464 (12.3%)
2-Person Households	1,359 (36.1%)	42 (1.1%)
3-Person Households	658 (17.5%)	0 (0.0%)
4-Person Households	837 (22.2%)	0 (0.0%)
5-Person Households	242 (6.4%)	0 (0.0%)
6-Person Households	119 (3.2%)	0 (0.0%)
7+ Person Households	46 (1.2%)	0 (0.0%)
Total	3,261 (86.6%)	506 (13.4%)

Female Fertility in Franklin Lakes borough

Fertility by Age in Franklin Lakes borough

Average fertility rate in Franklin Lakes borough is 24.0 births per 1,000 women. Women in the age bracket of 35 to 50 years have the highest fertility rate with 30.0 births per 1,000 women. Women in the age bracket of 35 to 50 years acount for 73.9% of all women with births.

Age Bracket	Women with Births	Births / 1,000 Women
15 to 19 years	0 (0.0%)	0.0
20 to 34 years	12 (26.1%)	25.0
35 to 50 years	34 (73.9%)	30.0
Total	46 (100.0%)	24.0

Fertility by Age by Marriage Status in Franklin Lakes borough

Age Bracket	Married	Unmarried
15 to 19 years	0 (0.0%)	0 (0.0%)
20 to 34 years	12 (100.0%)	0 (0.0%)
35 to 50 years	34 (100.0%)	0 (0.0%)
Total	46 (100.0%)	0 (0.0%)

Fertility by Education in Franklin Lakes borough

Female Fertility by Education Attainment in Franklin Lakes borough

Educational Attainment	Women with Births	Births / 1,000 Women
Less than High School	0 (0.0%)	0.0
High School Diploma	0 (0.0%)	0.0
College or Associate's Degree	0 (0.0%)	0.0
Bachelor's Degree	22 (47.8%)	25.0
Graduate Degree	24 (52.2%)	46.0
Total	46 (100.0%)	24.0

Fertility by Education by Marriage Status in Franklin Lakes borough

Educational Attainment	Married	Unmarried
Less than High School	0 (0.0%)	0 (0.0%)
High School Diploma	0 (0.0%)	0 (0.0%)
College or Associate's Degree	0 (0.0%)	0 (0.0%)
Bachelor's Degree	22 (100.0%)	0 (0.0%)
Graduate Degree	24 (100.0%)	0 (0.0%)
Total	46 (100.0%)	0 (0.0%)

Employment Characteristics in Franklin Lakes borough

Employment by Class of Employer in Franklin Lakes borough

Among the 4,515 employed individuals in Franklin Lakes borough, private company employees (2,938 | 65.1%), self-employed (not incorporated) (489 | 10.8%), and self-employed (incorporated) (458 | 10.1%) make up the most common classes of employment.

Employer Class	# Employees	% Employees
Private Company Employees	2,938	65.1%
Self-Employed (Incorporated)	458	10.1%
Self-Employed (Not Incorporated)	489	10.8%
Not-for-profit Organizations	292	6.5%
Local Government Employees	206	4.6%
State Government Employees	93	2.1%
Federal Government Employees	39	0.9%
Unpaid Family Workers	0	0.0%
Total	4,515	100.0%

Employment Status by Age in Franklin Lakes borough

According to the labor force statistics for Franklin Lakes borough, out of the total population over 16 years of age (8,683), 55.8% or 4,845 individuals are in the labor force, with 4.4% or 213 of them unemployed. The age group with the highest labor force participation rate is 25 to 29 years, with 92.6% or 414 individuals in the labor force. Within the labor force, the 20 to 24 years age range has the highest percentage of unemployed individuals, with 37.3% or 114 of them being unemployed.

Age Bracket	In Labor Force	Unemployed
16 to 19 Years	92 (12.0%)	0 (0.0%)
20 to 24 Years	306 (68.5%)	114 (37.3%)
25 to 29 Years	414 (92.6%)	41 (9.9%)
30 to 34 Years	130 (92.2%)	0 (0.0%)
35 to 44 Years	667 (65.3%)	19 (2.8%)
45 to 54 Years	1,309 (77.3%)	0 (0.0%)
55 to 59 Years	963 (83.2%)	37 (3.8%)
60 to 64 Years	435 (69.4%)	0 (0.0%)
65 to 74 Years	414 (33.0%)	0 (0.0%)
75 Years and over	116 (10.3%)	0 (0.0%)
Total	4,845 (55.8%)	213 (4.4%)

Employment Status by Educational Attainment in Franklin Lakes borough

According to labor force statistics for Franklin Lakes borough, 77.0% of individuals (3,916) out of the total population between 25 and 64 years of age (5,086) are in the labor force, with 2.5% or 98 of them being unemployed. The group with the highest labor force participation rate are those with the educational attainment of less than high school, with 100.0% or 18 individuals in the labor force. Within the labor force, individuals with college / associate degree education have the highest percentage of unemployment, with 4.9% or 22 of them being unemployed.

Educational Attainment	In Labor Force	Unemployed
Less than High School	18 (100.0%)	0 (0.0%)
High School Diploma	210 (76.1%)	0 (0.0%)
College / Associate Degree	450 (84.1%)	26 (4.9%)
Bachelor's Degree or higher	3,240 (76.1%)	98 (2.3%)
Total	3,916 (77.0%)	127 (2.5%)

Employment Occupations by Sex in Franklin Lakes borough

Management, Business, Science and Arts Occupations

The most common Management, Business, Science and Arts occupations in Franklin Lakes borough are Management (948 | 20.5%), Community & Social Service (762 | 16.4%), Health Diagnosing & Treating (552 | 11.9%), Business & Financial (513 | 11.1%), and Health Technologists (460 | 9.9%).

Management, Business, Science and Arts Occupations by Sex

Within the Management, Business, Science and Arts occupations in Franklin Lakes borough, the most male-oriented occupations are Architecture & Engineering (100.0%), Legal Services & Support (77.9%), and Management (74.3%), while the most female-oriented occupations are Education Instruction & Library (90.3%), Education, Arts & Media (85.1%), and Community & Social Service (68.2%).

Occupation	Male	Female
Management	704 (74.3%)	244 (25.7%)
Business & Financial	250 (48.7%)	263 (51.3%)
Computers, Engineering & Science	251 (71.9%)	98 (28.1%)
Computers & Mathematics	112 (62.9%)	66 (37.1%)
Architecture & Engineering	118 (100.0%)	0 (0.0%)
Life, Physical & Social Science	21 (39.6%)	32 (60.4%)
Community & Social Service	242 (31.8%)	520 (68.2%)
Education, Arts & Media	27 (14.9%)	154 (85.1%)
Legal Services & Support	113 (77.9%)	32 (22.1%)
Education Instruction & Library	32 (9.7%)	299 (90.3%)
Arts, Media & Entertainment	70 (66.7%)	35 (33.3%)
Health Diagnosing & Treating	282 (51.1%)	270 (48.9%)
Health Technologists	256 (55.6%)	204 (44.4%)
Total (Category)	1,729 (55.3%)	1,395 (44.7%)
Total (Overall)	2,583 (55.7%)	2,051 (44.3%)

Services Occupations

The most common Services occupations in Franklin Lakes borough are Food Preparation & Serving (133 | 2.9%), Healthcare Support (90 | 1.9%), Personal Care & Service (81 | 1.8%), Security & Protection (6 | 0.1%), and Law Enforcement (6 | 0.1%).

Services Occupations by Sex

Within the Services occupations in Franklin Lakes borough, the most male-oriented occupations are Security & Protection (100.0%), Law Enforcement (100.0%), and Food Preparation & Serving (49.6%), while the most female-oriented occupations are Personal Care & Service (100.0%), Healthcare Support (77.8%), and Food Preparation & Serving (50.4%).

Occupation	Male	Female
Healthcare Support	20 (22.2%)	70 (77.8%)
Security & Protection	6 (100.0%)	0 (0.0%)
Firefighting & Prevention	0 (0.0%)	0 (0.0%)
Law Enforcement	6 (100.0%)	0 (0.0%)
Food Preparation & Serving	66 (49.6%)	67 (50.4%)
Cleaning & Maintenance	0 (0.0%)	0 (0.0%)
Personal Care & Service	0 (0.0%)	81 (100.0%)
Total (Category)	92 (29.7%)	218 (70.3%)
Total (Overall)	2,583 (55.7%)	2,051 (44.3%)

Sales and Office Occupations

The most common Sales and Office occupations in Franklin Lakes borough are Sales & Related (629 | 13.6%), and Office & Administration (319 | 6.9%).

Sales and Office Occupations by Sex

Occupation	Male	Female
Sales & Related	456 (72.5%)	173 (27.5%)
Office & Administration	71 (22.3%)	248 (77.7%)
Total (Category)	527 (55.6%)	421 (44.4%)
Total (Overall)	2,583 (55.7%)	2,051 (44.3%)

Natural Resources, Construction and Maintenance Occupations

The most common Natural Resources, Construction and Maintenance occupations in Franklin Lakes borough are Installation, Maintenance & Repair (112 | 2.4%), and Construction & Extraction (56 | 1.2%).

Natural Resources, Construction and Maintenance Occupations by Sex

Occupation	Male	Female
Farming, Fishing & Forestry	0 (0.0%)	0 (0.0%)
Construction & Extraction	56 (100.0%)	0 (0.0%)
Installation, Maintenance & Repair	112 (100.0%)	0 (0.0%)
Total (Category)	168 (100.0%)	0 (0.0%)
Total (Overall)	2,583 (55.7%)	2,051 (44.3%)

Production, Transportation and Moving Occupations

The most common Production, Transportation and Moving occupations in Franklin Lakes borough are Material Moving (40 | 0.9%), Transportation (24 | 0.5%), and Production (20 | 0.4%).

Production, Transportation and Moving Occupations by Sex

Occupation	Male	Female
Production	20 (100.0%)	0 (0.0%)
Transportation	24 (100.0%)	0 (0.0%)
Material Moving	23 (57.5%)	17 (42.5%)
Total (Category)	67 (79.8%)	17 (20.2%)
Total (Overall)	2,583 (55.7%)	2,051 (44.3%)

Employment Industries by Sex in Franklin Lakes borough

Employment Industries in Franklin Lakes borough

The major employment industries in Franklin Lakes borough include Professional & Scientific (747 | 16.1%), Health Care & Social Assistance (739 | 16.0%), Finance & Insurance (619 | 13.4%), Manufacturing (443 | 9.6%), and Educational Services (439 | 9.5%).

Employment Industries by Sex in Franklin Lakes borough

The Franklin Lakes borough industries that see more men than women are Mining, Quarrying, & Extraction (100.0%), Transportation & Warehousing (89.9%), and Construction (87.2%), whereas the industries that tend to have a higher number of women are Administrative & Support (84.2%), Educational Services (77.2%), and Health Care & Social Assistance (60.6%).

Industry	Male	Female
Agriculture, Fishing & Hunting	0 (0.0%)	0 (0.0%)
Mining, Quarrying, & Extraction	14 (100.0%)	0 (0.0%)
Construction	156 (87.2%)	23 (12.9%)
Manufacturing	269 (60.7%)	174 (39.3%)
Wholesale Trade	97 (41.8%)	135 (58.2%)
Retail Trade	137 (55.0%)	112 (45.0%)
Transportation & Warehousing	89 (89.9%)	10 (10.1%)
Utilities	0 (0.0%)	0 (0.0%)
Information	67 (78.8%)	18 (21.2%)
Finance & Insurance	538 (86.9%)	81 (13.1%)
Real Estate, Rental & Leasing	143 (69.1%)	64 (30.9%)
Professional & Scientific	451 (60.4%)	296 (39.6%)
Enterprise Management	0 (0.0%)	0 (0.0%)
Administrative & Support	15 (15.8%)	80 (84.2%)
Educational Services	100 (22.8%)	339 (77.2%)
Health Care & Social Assistance	291 (39.4%)	448 (60.6%)
Arts, Entertainment & Recreation	6 (50.0%)	6 (50.0%)
Accommodation & Food Services	72 (62.6%)	43 (37.4%)
Public Administration	48 (46.6%)	55 (53.4%)
Total	2,583 (55.7%)	2,051 (44.3%)

Education in Franklin Lakes borough

School Enrollment in Franklin Lakes borough

The most common levels of schooling among the 3,259 students in Franklin Lakes borough are high school (899 | 27.6%), middle school (794 | 24.4%), and elementary school (724 | 22.2%).

School Level	# Students	% Students
Nursery / Preschool	186	5.7%
Kindergarten	77	2.4%
Elementary School	724	22.2%
Middle School	794	24.4%
High School	899	27.6%
College / Undergraduate	397	12.2%
Graduate / Professional	182	5.6%
Total	3,259	100.0%

School Enrollment by Age by Funding Source in Franklin Lakes borough

Out of a total of 3,259 students who are enrolled in schools in Franklin Lakes borough, 860 (26.4%) attend a private institution, while the remaining 2,399 (73.6%) are enrolled in public schools. The age group of 25 to 34 year olds has the highest likelihood of being enrolled in private schools, with 117 (100.0% in the age bracket) enrolled. Conversely, the age group of 20 to 24 year olds has the lowest likelihood of being enrolled in a private school, with 169 (100.0% in the age bracket) attending a public institution.

Age Bracket	Public School	Private School
3 to 4 Year Olds	20 (21.7%)	72 (78.3%)
5 to 9 Year Old	750 (92.5%)	61 (7.5%)
10 to 14 Year Olds	827 (81.8%)	184 (18.2%)
15 to 17 Year Olds	429 (74.9%)	144 (25.1%)
18 to 19 Year Olds	111 (33.0%)	225 (67.0%)
20 to 24 Year Olds	169 (100.0%)	0 (0.0%)
25 to 34 Year Olds	0 (0.0%)	117 (100.0%)
35 Years and over	92 (61.3%)	58 (38.7%)
Total	2,399 (73.6%)	860 (26.4%)

Educational Attainment by Field of Study in Franklin Lakes borough

Business (1,451 | 22.2%), social sciences (690 | 10.6%), liberal arts & history (585 | 9.0%), communications (533 | 8.2%), and science & technology (483 | 7.4%) are the most common fields of study among 6,531 individuals in Franklin Lakes borough who have obtained a bachelor's degree or higher.

Field of Study	# Graduates	% Graduates
Computers & Mathematics	203	3.1%
Bio, Nature & Agricultural	472	7.2%
Physical & Health Sciences	166	2.5%
Psychology	352	5.4%
Social Sciences	690	10.6%
Engineering	477	7.3%
Multidisciplinary Studies	75	1.1%
Science & Technology	483	7.4%
Business	1,451	22.2%
Education	476	7.3%
Literature & Languages	204	3.1%
Liberal Arts & History	585	9.0%
Visual & Performing Arts	241	3.7%
Communications	533	8.2%
Arts & Humanities	123	1.9%
Total	6,531	100.0%

Transportation & Commute in Franklin Lakes borough

Vehicle Availability by Sex in Franklin Lakes borough

The most prevalent vehicle ownership categories in Franklin Lakes borough are males with 2 vehicles (1,128, accounting for 44.4%) and females with 2 vehicles (830, making up 57.1%).

Vehicles Available	Male	Female
No Vehicle	54 (2.1%)	36 (1.8%)
1 Vehicle	60 (2.4%)	119 (6.0%)
2 Vehicles	1,128 (44.4%)	830 (42.0%)
3 Vehicles	816 (32.1%)	576 (29.2%)
4 Vehicles	385 (15.2%)	344 (17.4%)
5 or more Vehicles	96 (3.8%)	70 (3.5%)
Total	2,539 (100.0%)	1,975 (100.0%)

Commute Time in Franklin Lakes borough

The most frequently occuring commute durations in Franklin Lakes borough are 60 to 89 minutes (496 commuters, 14.7%), 30 to 34 minutes (485 commuters, 14.4%), and 45 to 59 minutes (353 commuters, 10.5%).

Commute Time	# Commuters	% Commuters
Less than 5 Minutes	142	4.2%
5 to 9 Minutes	230	6.8%
10 to 14 Minutes	330	9.8%
15 to 19 Minutes	344	10.2%
20 to 24 Minutes	352	10.4%
25 to 29 Minutes	122	3.6%
30 to 34 Minutes	485	14.4%
35 to 39 Minutes	60	1.8%
40 to 44 Minutes	218	6.5%
45 to 59 Minutes	353	10.5%
60 to 89 Minutes	496	14.7%
90 or more Minutes	242	7.2%

Commute Time by Sex in Franklin Lakes borough

The most common commute times in Franklin Lakes borough are 60 to 89 minutes (402 commuters, 21.2%) for males and 30 to 34 minutes (286 commuters, 19.4%) for females.

Commute Time	Male	Female
Less than 5 Minutes	74 (3.9%)	68 (4.6%)
5 to 9 Minutes	100 (5.3%)	130 (8.8%)
10 to 14 Minutes	129 (6.8%)	201 (13.6%)
15 to 19 Minutes	135 (7.1%)	209 (14.1%)
20 to 24 Minutes	196 (10.3%)	156 (10.5%)
25 to 29 Minutes	111 (5.9%)	11 (0.7%)
30 to 34 Minutes	199 (10.5%)	286 (19.4%)
35 to 39 Minutes	39 (2.1%)	21 (1.4%)
40 to 44 Minutes	108 (5.7%)	110 (7.4%)
45 to 59 Minutes	248 (13.1%)	105 (7.1%)
60 to 89 Minutes	402 (21.2%)	94 (6.4%)
90 or more Minutes	155 (8.2%)	87 (5.9%)

Time of Departure to Work by Sex in Franklin Lakes borough

The most frequent times of departure to work in Franklin Lakes borough are 7:00 AM to 7:29 AM (287, 15.1%) for males and 9:00 AM to 9:59 AM (251, 17.0%) for females.

Time of Departure	Male	Female
12:00 AM to 4:59 AM	76 (4.0%)	15 (1.0%)
5:00 AM to 5:29 AM	37 (1.9%)	0 (0.0%)
5:30 AM to 5:59 AM	35 (1.8%)	14 (0.9%)
6:00 AM to 6:29 AM	186 (9.8%)	115 (7.8%)
6:30 AM to 6:59 AM	206 (10.9%)	69 (4.7%)
7:00 AM to 7:29 AM	287 (15.1%)	226 (15.3%)
7:30 AM to 7:59 AM	126 (6.7%)	177 (12.0%)
8:00 AM to 8:29 AM	275 (14.5%)	176 (11.9%)
8:30 AM to 8:59 AM	160 (8.4%)	152 (10.3%)
9:00 AM to 9:59 AM	275 (14.5%)	251 (17.0%)
10:00 AM to 10:59 AM	14 (0.7%)	159 (10.8%)
11:00 AM to 11:59 AM	28 (1.5%)	10 (0.7%)
12:00 PM to 3:59 PM	66 (3.5%)	77 (5.2%)
4:00 PM to 11:59 PM	125 (6.6%)	37 (2.5%)
Total	1,896 (100.0%)	1,478 (100.0%)

Housing Occupancy in Franklin Lakes borough

Occupancy by Ownership in Franklin Lakes borough

Of the total 3,767 dwellings in Franklin Lakes borough, owner-occupied units account for 3,316 (88.0%), while renter-occupied units make up 451 (12.0%).

Occupancy	# Housing Units	% Housing Units
Owner Occupied Housing Units	3,316	88.0%
Renter-Occupied Housing Units	451	12.0%
Total Occupied Housing Units	3,767	100.0%

Occupancy by Household Size in Franklin Lakes borough

Household Size	# Housing Units	% Housing Units
1-Person Household	464	12.3%
2-Person Household	1,401	37.2%
3-Person Household	658	17.5%
4+ Person Household	1,244	33.0%
Total Housing Units	3,767	100.0%

Occupancy by Ownership by Household Size in Franklin Lakes borough

Household Size	Owner-occupied	Renter-occupied
1-Person Household	362 (78.0%)	102 (22.0%)
2-Person Household	1,193 (85.2%)	208 (14.8%)
3-Person Household	538 (81.8%)	120 (18.2%)
4+ Person Household	1,223 (98.3%)	21 (1.7%)
Total Housing Units	3,316 (88.0%)	451 (12.0%)

Occupancy by Educational Attainment in Franklin Lakes borough

Household Size	Owner-occupied	Renter-occupied
Less than High School	19 (43.2%)	25 (56.8%)
High School Diploma	217 (91.9%)	19 (8.1%)
College/Associate Degree	371 (82.3%)	80 (17.7%)
Bachelor's Degree or higher	2,709 (89.2%)	327 (10.8%)

Occupancy by Age of Householder in Franklin Lakes borough

Age Bracket	# Households	% Households
Under 35 Years	92	2.4%
35 to 44 Years	433	11.5%
45 to 54 Years	852	22.6%
55 to 64 Years	979	26.0%
65 to 74 Years	727	19.3%
75 to 84 Years	561	14.9%
85 Years and Over	123	3.3%
Total	3,767	100.0%

Housing Finances in Franklin Lakes borough

Median Income by Occupancy in Franklin Lakes borough

Occupancy Type	# Households	Median Income
Owner-Occupied	3,316 (88.0%)	$230,669
Renter-Occupied	451 (12.0%)	$125,563
Average	3,767 (100.0%)	$204,917

Occupancy by Householder Income Bracket in Franklin Lakes borough

Income Bracket	Owner-occupied	Renter-occupied
Less than $5,000	91 (2.7%)	5 (1.1%)
$5,000 to $9,999	17 (0.5%)	8 (1.8%)
$10,000 to $14,999	0 (0.0%)	9 (2.0%)
$15,000 to $19,999	0 (0.0%)	6 (1.3%)
$20,000 to $24,999	10 (0.3%)	0 (0.0%)
$25,000 to $34,999	115 (3.5%)	16 (3.5%)
$35,000 to $49,999	205 (6.2%)	33 (7.3%)
$50,000 to $74,999	173 (5.2%)	83 (18.4%)
$75,000 to $99,999	121 (3.6%)	20 (4.4%)
$100,000 to $149,999	412 (12.4%)	89 (19.7%)
$150,000 or more	2,172 (65.5%)	182 (40.4%)
Total	3,316 (100.0%)	451 (100.0%)

Monthly Housing Cost Tiers in Franklin Lakes borough

Monthly Cost	Owner-occupied	Renter-occupied
Less than $300	14 (0.4%)	21 (4.7%)
$300 to $499	17 (0.5%)	15 (3.3%)
$500 to $799	11 (0.3%)	0 (0.0%)
$800 to $999	22 (0.7%)	0 (0.0%)
$1,000 to $1,499	413 (12.4%)	9 (2.0%)
$1,500 to $1,999	244 (7.4%)	0 (0.0%)
$2,000 to $2,499	275 (8.3%)	21 (4.7%)
$2,500 to $2,999	358 (10.8%)	110 (24.4%)
$3,000 or more	1,962 (59.2%)	192 (42.6%)
Total	3,316 (100.0%)	451 (100.0%)

Physical Housing Characteristics in Franklin Lakes borough

Housing Structures in Franklin Lakes borough

Structure Type	# Housing Units	% Housing Units
Single Unit, Detached	3,400	90.3%
Single Unit, Attached	69	1.8%
2 Unit Apartments	17	0.4%
3 or 4 Unit Apartments	51	1.3%
5 to 9 Unit Apartments	20	0.5%
10 or more Apartments	192	5.1%
Mobile Home / Other	18	0.5%
Total	3,767	100.0%

Housing Structures by Occupancy in Franklin Lakes borough

Structure Type	Owner-occupied	Renter-occupied
Single Unit, Detached	3,211 (94.4%)	189 (5.6%)
Single Unit, Attached	61 (88.4%)	8 (11.6%)
2 Unit Apartments	17 (100.0%)	0 (0.0%)
3 or 4 Unit Apartments	9 (17.6%)	42 (82.4%)
5 to 9 Unit Apartments	0 (0.0%)	20 (100.0%)
10 or more Apartments	0 (0.0%)	192 (100.0%)
Mobile Home / Other	18 (100.0%)	0 (0.0%)
Total	3,316 (88.0%)	451 (12.0%)

Housing Structures by Number of Rooms in Franklin Lakes borough

Number of Rooms	Owner-occupied	Renter-occupied
1 Room	0 (0.0%)	0 (0.0%)
2 or 3 Rooms	0 (0.0%)	99 (22.0%)
4 or 5 Rooms	281 (8.5%)	157 (34.8%)
6 or 7 Rooms	608 (18.3%)	116 (25.7%)
8 or more Rooms	2,427 (73.2%)	79 (17.5%)
Total	3,316 (100.0%)	451 (100.0%)

Housing Structure by Heating Type in Franklin Lakes borough

Heating Type	Owner-occupied	Renter-occupied
Utility Gas	2,977 (89.8%)	315 (69.8%)
Bottled, Tank, or LP Gas	8 (0.2%)	0 (0.0%)
Electricity	227 (6.9%)	84 (18.6%)
Fuel Oil or Kerosene	104 (3.1%)	46 (10.2%)
Coal or Coke	0 (0.0%)	0 (0.0%)
All other Fuels	0 (0.0%)	0 (0.0%)
No Fuel Used	0 (0.0%)	6 (1.3%)
Total	3,316 (100.0%)	451 (100.0%)

Household Vehicle Usage in Franklin Lakes borough

Vehicles per Household	Owner-occupied	Renter-occupied
No Vehicle	82 (2.5%)	30 (6.7%)
1 Vehicle	600 (18.1%)	131 (29.0%)
2 Vehicles	1,411 (42.5%)	218 (48.3%)
3 or more Vehicles	1,223 (36.9%)	72 (16.0%)
Total	3,316 (100.0%)	451 (100.0%)

Real Estate & Mortgages in Franklin Lakes borough

Real Estate and Mortgage Overview in Franklin Lakes borough

Characteristic	Without Mortgage	With Mortgage
Housing Units	1,187	2,129
Median Property Value	$1,025,600	$1,202,600
Median Household Income	$162,177	$1,501
Monthly Housing Costs	$1,501	$1,792
Real Estate Taxes	$10,001	$0

Property Value by Mortgage Status in Franklin Lakes borough

Property Value	Without Mortgage	With Mortgage
Less than $50,000	22 (1.8%)	0 (0.0%)
$50,000 to $99,999	0 (0.0%)	6 (0.3%)
$100,000 to $299,999	21 (1.8%)	0 (0.0%)
$300,000 to $499,999	91 (7.7%)	34 (1.6%)
$500,000 to $749,999	248 (20.9%)	201 (9.4%)
$750,000 to $999,999	187 (15.8%)	505 (23.7%)
$1,000,000 or more	618 (52.1%)	1,383 (65.0%)
Total	1,187 (100.0%)	2,129 (100.0%)

Household Income by Mortgage Status in Franklin Lakes borough

Household Income	Without Mortgage	With Mortgage
Less than $10,000	97 (8.2%)	60 (2.8%)
$10,000 to $24,999	0 (0.0%)	11 (0.5%)
$25,000 to $34,999	0 (0.0%)	10 (0.5%)
$35,000 to $49,999	194 (16.3%)	115 (5.4%)
$50,000 to $74,999	43 (3.6%)	11 (0.5%)
$75,000 to $99,999	19 (1.6%)	130 (6.1%)
$100,000 to $149,999	163 (13.7%)	102 (4.8%)
$150,000 or more	671 (56.5%)	249 (11.7%)
Total	1,187 (100.0%)	2,129 (100.0%)

Property Value to Household Income Ratio in Franklin Lakes borough

Value-to-Income Ratio	Without Mortgage	With Mortgage
Less than 2.0x	93 (7.8%)	250,001 (11,742.7%)
2.0x to 2.9x	231 (19.5%)	243 (11.4%)
3.0x to 3.9x	101 (8.5%)	317 (14.9%)
4.0x or more	762 (64.2%)	370 (17.4%)
Total	1,187 (100.0%)	2,129 (100.0%)

Real Estate Taxes by Mortgage Status in Franklin Lakes borough

Property Taxes	Without Mortgage	With Mortgage
Less than $800	0 (0.0%)	11 (0.5%)
$800 to $1,499	0 (0.0%)	0 (0.0%)
$800 to $1,499	1,164 (98.1%)	0 (0.0%)
Total	1,187 (100.0%)	2,129 (100.0%)

Health & Disability in Franklin Lakes borough

Health Insurance Coverage by Age in Franklin Lakes borough

Age Bracket	With Coverage	Without Coverage
Under 6 Years	392 (100.0%)	0 (0.0%)
6 to 18 Years	2,574 (100.0%)	0 (0.0%)
19 to 25 Years	612 (100.0%)	0 (0.0%)
26 to 34 Years	537 (97.8%)	12 (2.2%)
35 to 44 Years	1,009 (98.8%)	12 (1.2%)
45 to 54 Years	1,632 (96.4%)	61 (3.6%)
55 to 64 Years	1,777 (99.6%)	7 (0.4%)
65 to 74 Years	1,254 (100.0%)	0 (0.0%)
75 Years and older	1,128 (100.0%)	0 (0.0%)
Total	10,915 (99.2%)	92 (0.8%)

Health Insurance Coverage by Citizenship Status in Franklin Lakes borough

Citizenship Status	With Coverage	Without Coverage
Native Born	392 (100.0%)	0 (0.0%)
Foreign Born, Citizen	2,574 (100.0%)	0 (0.0%)
Foreign Born, not a Citizen	612 (100.0%)	0 (0.0%)

Health Insurance Coverage by Household Income in Franklin Lakes borough

Household Income	With Coverage	Without Coverage
Under $25,000	251 (89.0%)	31 (11.0%)
$25,000 to $49,999	620 (98.3%)	11 (1.7%)
$50,000 to $74,999	614 (100.0%)	0 (0.0%)
$75,000 to $99,999	392 (100.0%)	0 (0.0%)
$100,000 and over	9,033 (99.5%)	50 (0.5%)

Public vs Private Health Insurance Coverage by Age in Franklin Lakes borough

Age Bracket	Public Insurance	Private Insurance
Under 6	14 (3.6%)	378 (96.4%)
6 to 18 Years	101 (3.9%)	2,513 (97.6%)
19 to 25 Years	86 (14.1%)	550 (89.9%)
25 to 34 Years	98 (17.8%)	482 (87.8%)
35 to 44 Years	15 (1.5%)	1,000 (97.9%)
45 to 54 Years	15 (0.9%)	1,632 (96.4%)
55 to 64 Years	89 (5.0%)	1,706 (95.6%)
65 to 74 Years	1,171 (93.4%)	798 (63.6%)
75 Years and over	1,128 (100.0%)	681 (60.4%)
Total	2,717 (24.7%)	9,740 (88.5%)

Disability Status by Sex by Age in Franklin Lakes borough

Age Bracket	Male	Female
Under 5 Years	0 (0.0%)	0 (0.0%)
5 to 17 Years	49 (3.5%)	16 (1.5%)
18 to 34 Years	94 (11.3%)	0 (0.0%)
35 to 64 Years	21 (1.0%)	118 (5.1%)
65 to 74 Years	39 (7.7%)	192 (25.6%)
75 Years and over	106 (19.1%)	181 (31.6%)

Disability Class by Sex by Age in Franklin Lakes borough

Disability Class: Hearing Difficulty

Disability in Franklin Lakes borough: <span>Hearing Difficulty</span>

Age Bracket	Male	Female
Under 5 Years	0 (0.0%)	0 (0.0%)
5 to 17 Years	0 (0.0%)	0 (0.0%)
18 to 34 Years	0 (0.0%)	0 (0.0%)
35 to 64 Years	0 (0.0%)	4 (0.2%)
65 to 74 Years	0 (0.0%)	51 (6.8%)
75 Years and over	62 (11.2%)	48 (8.4%)

Disability Class: Vision Difficulty

Disability in Franklin Lakes borough: <span>Vision Difficulty</span>

Age Bracket	Male	Female
Under 5 Years	0 (0.0%)	0 (0.0%)
5 to 17 Years	0 (0.0%)	5 (0.5%)
18 to 34 Years	0 (0.0%)	0 (0.0%)
35 to 64 Years	11 (0.5%)	21 (0.9%)
65 to 74 Years	5 (1.0%)	12 (1.6%)
75 Years and over	17 (3.1%)	9 (1.6%)

Disability Class: Cognitive Difficulty

Disability in Franklin Lakes borough: <span>Cognitive Difficulty</span>

Age Bracket	Male	Female
5 to 17 Years	37 (2.6%)	11 (1.1%)
18 to 34 Years	48 (5.8%)	0 (0.0%)
35 to 64 Years	0 (0.0%)	25 (1.1%)
65 to 74 Years	0 (0.0%)	25 (3.3%)
75 Years and over	0 (0.0%)	81 (14.2%)

Disability Class: Ambulatory Difficulty

Disability in Franklin Lakes borough: <span>Ambulatory Difficulty</span>

Age Bracket	Male	Female
5 to 17 Years	0 (0.0%)	0 (0.0%)
18 to 34 Years	21 (2.5%)	0 (0.0%)
35 to 64 Years	10 (0.5%)	52 (2.2%)
65 to 74 Years	34 (6.7%)	154 (20.6%)
75 Years and over	50 (9.0%)	118 (20.6%)

Disability Class: Self-Care Difficulty

Disability in Franklin Lakes borough: <span>Self-Care Difficulty</span>

Age Bracket	Male	Female
5 to 17 Years	43 (3.0%)	0 (0.0%)
18 to 34 Years	45 (5.4%)	0 (0.0%)
35 to 64 Years	0 (0.0%)	16 (0.7%)
65 to 74 Years	17 (3.4%)	109 (14.5%)
75 Years and over	6 (1.1%)	85 (14.9%)

Technology Access in Franklin Lakes borough

Computing Device Access in Franklin Lakes borough

Device Type	# Households	% Households
Desktop or Laptop	3,476	92.3%
Smartphone	3,391	90.0%
Tablet	2,927	77.7%
No Computing Device	55	1.5%
Total	3,767	100.0%

Internet Access in Franklin Lakes borough

Internet Type	# Households	% Households
Dial-Up Internet	17	0.4%
Broadband Home	3,365	89.3%
Cellular Data Only	237	6.3%
Satellite Internet	118	3.1%
No Internet	138	3.7%
Total	3,767	100.0%

Franklin Lakes borough Summary

Franklin Lakes Borough is a small borough located in Bergen County, New Jersey. It is situated in the Ramapo Mountains and is part of the New York metropolitan area. The borough is bordered by Oakland, Wyckoff, and Mahwah. As of the 2010 United States Census, the borough had a total population of 10,590.

History

The area that is now Franklin Lakes was originally inhabited by the Lenni Lenape Native Americans. The first European settlers arrived in the area in the late 17th century. The area was part of the Franklin Township, which was established in 1772. In 1922, the area was incorporated as the Borough of Franklin Lakes.

Geography

Franklin Lakes is located at 40°59'N 74°14'W (40.983, -74.233). According to the United States Census Bureau, the borough has a total area of 8.3 square miles (21.5 km2), of which 8.2 square miles (21.3 km2) is land and 0.1 square miles (0.2 km2) (1.17%) is water.

The borough is located in the Ramapo Mountains and is part of the New York metropolitan area. It is bordered by Oakland, Wyckoff, and Mahwah.

Economy

Franklin Lakes is a primarily residential community, with a few small businesses. The borough is home to several corporate headquarters, including Becton Dickinson, Quest Diagnostics, and Valley National Bank.

Demographics

As of the 2010 United States Census, there were 10,590 people, 3,717 households, and 3,093 families residing in the borough. The population density was 1,288.3 per square mile (497.3/km2). There were 3,845 housing units at an average density of 467.7 per square mile (180.7/km2). The racial makeup of the borough was 87.2% White, 0.9% African American, 0.1% Native American, 9.3% Asian, 0.0% Pacific Islander, 1.2% from other races, and 1.3% from two or more races. Hispanic or Latino of any race were 5.2% of the population.

There were 3,717 households, out of which 39.2% had children under the age of 18 living with them, 74.2% were married couples living together, 5.7% had a female householder with no husband present, and 17.7% were non-families. 14.3% of all households were made up of individuals, and 6.7% had someone living alone who was 65 years of age or older. The average household size was 2.86 and the average family size was 3.19.

In the borough, the population was spread out, with 27.2% under the age of 18, 5.2% from 18 to 24, 22.2% from 25 to 44, 33.2% from 45 to 64, and 12.2% who were 65 years of age or older. The median age was 42.2 years. For every 100 females, there were 95.2 males. For every 100 females ages 18 and older there were 92.2 males.

The median income for a household in the borough was $133,917, and the median income for a family was $150,917. Males had a median income of $100,000 versus $60,000 for females. The per capita income for the borough was $63,917. About 1.2% of families and 1.7% of the population were below the poverty line, including 1.7% of those under age 18 and 0.0% of those age 65 or over.

Common Questions

What is Per Capita Income in Franklin Lakes borough?

Per Capita income in Franklin Lakes borough is $102,827.

What is the Median Family Income in Franklin Lakes borough?

Median Family Income in Franklin Lakes borough is $232,224.

What is the Median Household income in Franklin Lakes borough?

Median Household Income in Franklin Lakes borough is $204,917.

What is Income or Wage Gap in Franklin Lakes borough?

Income or Wage Gap in Franklin Lakes borough is 58.0%.

Women in Franklin Lakes borough earn 42.0 cents for every dollar earned by a man.

What is Inequality or Gini Index in Franklin Lakes borough?

Inequality or Gini Index in Franklin Lakes borough is 0.50.

What is the Total Population of Franklin Lakes borough?

Total Population of Franklin Lakes borough is 11,007.

What is the Total Male Population of Franklin Lakes borough?

Total Male Population of Franklin Lakes borough is 5,604.

What is the Total Female Population of Franklin Lakes borough?

Total Female Population of Franklin Lakes borough is 5,403.

What is the Ratio of Males per 100 Females in Franklin Lakes borough?

There are 103.72 Males per 100 Females in Franklin Lakes borough.

What is the Ratio of Females per 100 Males in Franklin Lakes borough?

There are 96.41 Females per 100 Males in Franklin Lakes borough.

What is the Median Population Age in Franklin Lakes borough?

Median Population Age in Franklin Lakes borough is 47.6 Years.

What is the Average Family Size in Franklin Lakes borough

Average Family Size in Franklin Lakes borough is 3.2 People.

What is the Average Household Size in Franklin Lakes borough

Average Household Size in Franklin Lakes borough is 2.9 People.

How Large is the Labor Force in Franklin Lakes borough?

There are 4,845 People in the Labor Forcein in Franklin Lakes borough.

What is the Percentage of People in the Labor Force in Franklin Lakes borough?

55.8% of People are in the Labor Force in Franklin Lakes borough.

What is the Unemployment Rate in Franklin Lakes borough?

Unemployment Rate in Franklin Lakes borough is 4.4%.