Franklin township, New Jersey has a population of 3,218, with a median household income of $114,118.
Current median income data for Franklin township.
3,218
$114,118
2.50%
$442,114
0.30
232.10 Mbps
Franklin township 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 township is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.
Franklin township has a population of 3,218, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Franklin township is $114,118, which is above the state average. This reflects stronger earning potential and economic stability.
The average housing price in Franklin township is about $442,114, making it relatively affordable compared to many cities in New Jersey.
The unemployment rate in Franklin township is 2.50%, which is lower than the state average, indicating a relatively strong job market. Franklin township has a lower crime rate than the state average, contributing to a relatively safer living environment.
Compared to other cities in New Jersey, Franklin township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Franklin township continues to play a role in shaping regional trends in New Jersey, particularly in terms of economic and demographic factors.
The population of Franklin township is approximately 3,218.
Franklin township 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 township is around $114,118.
The average housing price in Franklin township is approximately $442,114.