View All Active Listings In Franklin Lakes – If you are looking for an unbelievable real estate market, with diverse amenities, look no further. New Jersey Real Estate Guys is proud to introduce you to Franklin Lakes. Franklin Lakes is #22 in Top Earning towns in the United States. With a population of about 11,000, Franklin Lakes has a median household income of just over $155,000 and the median house price is a whopping $1.337 million. Don’t write off Franklin Lakes yet if the home price is not in your budget because there are dozense of homes for sale between a half a million and a million dollars.
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Recently Franklin Lakes has been put in the nation spotlight recently with the hit show Housewives of New Jersey, a reality show based on wealthier women who expose the daily routines of being a New Jersey housewife. Many of New York top professional athletes pick this Bergen County suburb as the place to hang their caps and helmets when they’re not on the field of play. Mets manager Willie Randolph and others in uniform enjoy the conservative town rural character and easy access to all the metropolitan area has to offer. Say hello to Kelly Ripa as well if you see her walking the town well-manicured streets or shopping at the well-known Urban Farms Shopping Center.
Franklin Lakes is a great place to raise a family as well. Being known for its award winning school system, you can also enjoy weekend trips into New York City, which is a short 30 minute drive.
If you are looking to relocate to Franklin Lakes or are just upsizing or downsizing, be sure to call Scott Allan, your New Jersey Real Estate Guys rep who is very knowledgeable with Franklin Lakes real estate and Franklin Lakes homes for sale in New Jersey.
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Total Population in Franklin Lakes, NJ
At the time of the most recent United States Census Survey, the number of people in Franklin Lakes, NJ was 10,422.
Franklin Lakes Male Population
At the time of the last full census survey, the number of men in Franklin Lakes was 5,146, which represents 49.4 percent of the total for the community (The national average is 49.10%).
Female Population
The estimated female population in Franklin Lakes is 5,276 which is 50.6 of the total population (Compared to the national average of 50.90%).
About 65% of males and females over the age of 16 are married.
AGE
Median Age in Franklin Lakes, NJ
Median Age of local residences, Franklin Lakes, NJ was 40.7 at the time of the last full census survey. (The U.S. Avg at the time was 35.3)
At that time, the number of people under the age of 5 living in Franklin Lakes was 703. There were 7,433 people above the age of 18, which represents 71.3% of the areas entire population (National Avg. 74.3% ). In the latest study 11.2% of the population (1,164) in the community was 65 years and over, compared to 12.40% nationally.
RACE
White / Caucasian in Franklin Lakes, NJ
Since the most recent consensus study, the estimated White population in the Franklin Lakes is 9,521, which is 91.4% of the total population (U.S. average is 75.10%).
African Americans in Franklin Lakes, New Jersey
The estimated Black/African American population is 96, which is 0.9 percent of the total population in town (The U.S. average is 12.30%).
American Indian and Alaska Natives in Franklin Lakes, NJ
In 2000, the number of American Indians or Alaska Natives in Franklin Lakes, NJ was 11.
Asians in Franklin Lakes, New Jersey
At the last survey, the total Asian population in the community was 660.
Hispanics in Franklin Lakes
The Hispanic population in the Franklin Lakes community was 286, or 2.7 percent of the total population (compared to the national average of 12.50% percent).
HOUSEHOLD CHARACTERISTICS
Average Household Size in Franklin Lakes, NJ
The average household size in Franklin Lakes is 3.13 (The average household size in the United States is 2.59).
Average Family Size
The average family size in the community is 3.34 (The average family size in the United States is 3.14).
HOUSING
Total Housing Units in Franklin Lakes, NJ
At the time of the last census survey, there were 3,395 total housing units in Franklin Lakes.
The number of occupied housing units was 3,322, or 97.8 of the total units in town. Of these, 3,160 were owner-occupied (95.1), and 162 were renter-occupied (4.9, compared to the national average of 33.80%). There were also 73 vacant homes in Franklin Lakes at the time of the last complete survey.
Median Home Values in Franklin Lakes, New Jersey
The total number of single family, owner occupied homes in the community was 3,110, and had a median value of $609,950
Monthly Owner Costs in Franklin Lakes, NJ
For homes with financing or a mortgage, average monthly owner costs were $3,219 (national average was $1,088). For homes without financing or mortgages in Franklin Lakes, average costs per month were $4,002 (national average was $295).
EDUCATION
High School Graduate or higher
At the time of the last survey, 6,518 people in the community had a high school degree, or 94.7 of the population (compared to the national average of 80.40%).
Bachelor Degree or Higher in Franklin Lakes, New Jersey
3,645 people in Franklin Lakes also had a Bachelor degree or higher, which represented 52.9 of the total population (National average was 24.40%).