This rating is a weighted average of commute time, crime rate, population, median salary, and more.
This score adds annual household income and cost of living to the city rating.
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.
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.
- 57% Sun
- 50% Rain
- 28% Snow
52°F average temperature
- 33 years Median home age
- $806,260 Median home price
- -16.68% Home appreciation rate
- 21.97% Annual property tax
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%.
Crime rate (per 100,000)1
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.
Student teacher ratio 1:10
Management, Business, Art & Sciences
Sales & Office Occupations
Production, Transportation & Material Moving
Natural Resources, Construction & Maintenance
95%High school diploma
6%Some college or associates degree
21%Graduate or professional degree
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.
Average commute time
Daily breakdown: by transport type
Work at home
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.