Franklin Lakes borough, New Jersey has a population of 11,241, with a median household income of $214,114.
Current population data for Franklin Lakes borough.
11,241
$214,114
1.30%
$1,222,114
0.10
296.80 Mbps
Franklin Lakes borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Franklin Lakes borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.
Franklin Lakes borough has a population of 11,241, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Franklin Lakes borough is $214,114, which is above the state average. This reflects stronger earning potential and economic stability.
Housing prices in Franklin Lakes borough average around $1,222,114, which is relatively high compared to other cities in New Jersey.
The unemployment rate in Franklin Lakes borough is 1.30%, which is lower than the state average, indicating a relatively strong job market. Franklin Lakes borough has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in New Jersey, Franklin Lakes borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of New Jersey, Franklin Lakes borough contributes to the broader economic and social landscape, offering insights into regional development.
The population of Franklin Lakes borough is approximately 11,241.
Franklin Lakes borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Franklin Lakes borough is around $214,114.
The average housing price in Franklin Lakes borough is approximately $1,222,114.