Franklin is a borough located in Sussex County, New Jersey. Franklin has a 2026 population of 5,140. Franklin is currently growing at a rate of 0.8% annually and its population has increased by 4.98% since the most recent census, which recorded a population of 4,896 in 2020.
The median household income in Franklin is $92,744 with a poverty rate of 8.03%. The median age in Franklin is 48.5 years: 50.7 years for males, and 47.3 years for females. For every 100 females there are 117.2 males.
Data after 2023 is projected based on recent change
Overall: 48.5 years
Female: 47.3 years
Male: 50.7 years
There are 4,101 adults, (1,228 of whom are seniors) in Franklin.
Female: 2,287 (46%)
Male: 2,681 (54%)
The racial composition of Franklin includes 76.21% White, 9.06% other race, and smaller percentages for Black or African American, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 3,786 | 76.21% |
| Two or more races | 650 | 13.08% |
| Other race | 450 | 9.06% |
| Black or African American | 75 | 1.51% |
| Asian | 7 | 0.14% |
Franklin 's average per capita income is $58,750. Household income levels show a median of $92,744. The poverty rate stands at 8.03%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $113,854 | - |
| Families | $102,083 | $113,291 |
| Households | $92,744 | $95,659 |
| Non Families | $57,772 | $66,885 |
Average Income
Median Household Income
Poverty Rate