Franklin Lakes borough, New Jersey Population 2024

11,080

Franklin Lakes borough Demographics

According to the most recent ACS, the racial composition of Franklin Lakes borough was:

  • White: 80.49%
  • Asian: 9.75%
  • Two or more races: 7.01%
  • Black or African American: 2.34%
  • Other race: 0.4%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
9.4 sq mi
Density (mi²)
1,176.90/sq mi
Growth Since 2020
0.26% (29)
The current population of Franklin Lakes borough, New Jersey is 11,080 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 11,051.

Population by Race

Race
Population
Percentage (of total)
White8,86080.49%
Asian1,0739.75%
Two or more races7727.01%
Black or African American2582.34%
Other race440.4%
Native American00%
Native Hawaiian or Pacific Islander00%

White

Asian

Two or more races

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

Franklin Lakes borough Population by Race

Franklin Lakes borough Population Pyramid 2024

Franklin Lakes borough Median Age

47.6

Total

44.9

Male

49.3

Female

Franklin Lakes borough Adults

There are 8,278 adults, (2,382 of whom are seniors) in Franklin Lakes borough.

Franklin Lakes borough Age Dependency

86.7

Age Dependency Ratio

40.4

Old Age Dependency Ratio

46.3

Child Dependency Ratio

Franklin Lakes borough Sex Ratio

Female5,40349.09%
Male5,60450.91%

Franklin Lakes borough Population by Age

Franklin Lakes borough Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All3,7672.928812
Married3,0513.2492.97.1
Non Family5061.0876.323.7
Female2022.7947.552.5
Male82.250100

3.2

Average Family Size

2.92

Average Household Size

88.0%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Franklin Lakes borough Households and Families

Male

Female

Education Attained
Count
Percentage
9th to 12th Grade380.51%
Associates Degree3214.3%
Bachelors Degree3,10241.54%
Graduate Degree2,67435.81%
High School Graduate7209.64%
Less Than 9th Grade380.51%
Some College5757.7%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Franklin Lakes borough Educational Attainment by Sex (over 25)

Franklin Lakes borough Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

Race
Total
High School
Bachelors
White5,9415,8784,652
Asian793793632
Hispanic535535326
2+ Races379379259
Black184171162
Other Race272716

The highest rate of high school graduation is among asian people with a rate of 100%.

The highest rate of bachelors degrees is among black people with a rate of 88.04%.

Franklin Lakes borough Educational Attainment by Race

All

Male

Female

Name
Average
Male
Female
Bachelors Degree$109,167$155,000$47,446
Graduate Degree$140,625$224,286$88,798
High School Graduate$42,917$0$40,804
Less Than 9th Grade$54,276$0$0
Overall$111,321$153,239$61,056
Some College$82,870$110,985$45,000

$111,321

Average Earnings

$153,239

Average Male

$61,056

Average Female

Franklin Lakes borough Earnings by Educational Attainment

Franklin Lakes borough Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Franklin Lakes borough Language

78.9% of Franklin Lakes borough residents speak only English, while 21.1% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 8.72% of the population.

Franklin Lakes borough Language

Franklin Lakes borough Poverty by Race

rate

Name
Total
In Poverty
Poverty Rate
Asian1,07318116.87%
White8,6021191.38%
Other442863.64%
Multiple772243.11%
Hispanic984242.44%
Black25810.39%

3.21%

Overall Poverty Rate

3%

Male Poverty Rate

3.42%

Female Poverty Rate

Poverty in Franklin Lakes borough

The race most likely to be in poverty in Franklin Lakes borough is Other, with 63.64% below the poverty level.

The race least likely to be in poverty in Franklin Lakes borough is Black, with 0.39% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 1.51%, and for those that did not work, the poverty rate was 7.65%.

Franklin Lakes borough Poverty

rate

Rate
Poverty
High School16.67%
Less Than 9th Grade6.58%
Bachelors or Greater2.77%
Some College1.79%

Franklin Lakes borough Poverty Rate by Education

rate

Rate
Poverty
Male Employed0.39%
Male Unemployed0%
Female Employed0%
Female Unemployed0%

Franklin Lakes borough Poverty Rate by Employment Status and Sex

Franklin Lakes borough Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

Name
Median
Mean
Families$232,224$328,622
Households$204,917$297,367
Married Families$240,486$-999,999,999
Non Families$71,618$90,886

mean

median

Income by Household Type

Franklin Lakes borough Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

68.7%

Overall Marriage Rate

69.9%

Male Marriage Rate

67.5%

Female Marriage Rate

Franklin Lakes borough Married by Age and Sex

male

female

Franklin Lakes borough Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 35-44.

Franklin Lakes borough Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Franklin Lakes borough Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

346

Number of Veterans

296

Male Veterans

50

Female Veterans

War
Veterans
Vietnam109
Second Gulf War58
Korea30
World War II25
First Gulf War11

Franklin Lakes borough Veterans by War

count

Age Group
Veterans
75+205
55 to 6471
18 to 3441
35 to 5423
65 to 746

Franklin Lakes borough Veterans by Age

count

Name
Veterans
% of Total
White3164.74%
Hispanic314.78%
2+ Races193.54%
Other Race1140.74%

Franklin Lakes borough Veterans by Race

Franklin Lakes borough Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

8.09%

Veteran Poverty Rate

20.52%

Veteran Disability Rate

Franklin Lakes borough Veterans by Education

LaborForceParticipation

55.8%

Labor Force Participation

53.4%

Employment Rate

4.4%

Unemployment Rate

Franklin Lakes borough Employment by Age

LaborForceParticipation

Franklin Lakes borough Employment by Race

LaborForceParticipation

Franklin Lakes borough Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

51.77%

Born in Franklin Lakes borough

82.27%

Native Born

17.73%

Foreign Born

4.04%

Non Citizen

13.68%

Naturalized

Place of Birth

82.27% of Franklin Lakes borough residents were born in the United States, with 51.77% having been born in New Jersey. 4.04% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Franklin Lakes borough Place of Birth

Note: data after 2022 is projected based on recent change
Year
Population
Growth
Change
202911,375590.52%
202811,316590.52%
202711,257590.53%
202611,198590.53%
202511,139590.53%
202411,080590.54%
202311,021590.54%
202210,962-30-0.27%
202110,992-59-0.53%
202011,051-73-0.66%
201911,124720.65%
201811,052-10-0.09%
201711,0623353.12%
201610,727-24-0.22%
201510,751-16-0.15%
201410,767330.31%
201310,734340.32%
201210,700250.23%
201110,675770.73%
201010,59800%

Franklin Lakes borough Population by Year