Franklin Lakes is a borough located in Bergen County, New Jersey. Franklin Lakes has a 2025 population of 11,301 . Franklin Lakes is currently growing at a rate of 0.44% annually and its population has increased by 2.26% 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. For every 100 females there are 108.1 males.
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.
White (74.88%)
Asian (11.72%)
Two or more races (7.29%)
Black or African American (5.59%)
Other race (0.52%)
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