Franklin Lakes is a borough located in Bergen County, New Jersey. Franklin Lakes has a 2025 population of 11,001. Franklin Lakes is currently declining at a rate of -0.09% annually and its population has decreased by -0.45% since the most recent census, which recorded a population of 11,051 in 2020.
The average household income in Franklin Lakes is $321,350 with a poverty rate of 3.2%.The median age in Franklin Lakes is 46.9 years: 45 years for males, and 48.6 years for females.
Data after 2023 is projected based on recent change
The racial composition of Franklin Lakes includes 74.88% White, 11.72% Asian, 5.59% Black or African American, and smaller percentages for other race and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 8,245 | 74.88% |
Asian | 1,291 | 11.72% |
Two or more races | 803 | 7.29% |
Black or African American | 615 | 5.59% |
Other race | 57 | 0.52% |
Married
Widowed
Divorced
Separated
Never Married
Franklin Lakes' average per capita income is $113,918. Household income levels show a median of $230,987. The poverty rate stands at 3.2%.
Name | Median | Mean |
---|---|---|
Families | $250,001 | $357,177 |
Married Families | $250,001 | - |
Households | $230,987 | $321,350 |
Non Families | $59,219 | $91,542 |
Average Income
Median Household Income
Poverty Rate