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    Neighborhoods/New Jersey/Franklin Lakes borough

    Living in Franklin Lakes borough, NJ

    A comprehensive, data-driven guide to life in Franklin Lakes borough. Housing costs, safety statistics, walkability, air quality, and neighborhood insights — all in one place.

    Population: 11,007

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    Franklin Lakes borough at a Glance

    Median Home Value

    $1,135,700

    Nat'l avg: $281,900

    Median Rent

    $1,625

    Nat'l avg: $1,163

    Violent Crime

    2.1 per 1K

    Nat'l avg: 3.7 per 1K

    Walk Score

    25/100

    Car-Dependent

    Median Income

    $204,917

    Nat'l avg: $74,580

    Air Quality

    AQI 42

    Good

    Climate Risk

    Relatively High

    Score: 96.73932431950341

    Population

    11,007

    Housing & Cost of Living
    Median Home Value
    $1,135,700
    Median Rent
    $1,625
    Median Income
    $204,917
    Affordability Index
    110
    Homeownership Rate
    90.0%
    Electricity Rate
    17.6¢/kWh
    Est. Monthly Electric
    $158
    303% above nat'l avg
    40% above nat'l avg
    Safety & Crime
    Violent Crime
    2.1 per 1K
    Property Crime
    13.3 per 1K
    43% below nat'l avg
    24% below nat'l avg

    National Average: Violent crime 3.7 per 1K, Property crime 17.5 per 1K

    Walkability & Transportation
    Walk Score
    25/100
    Transit Score
    N/A
    Bike Score
    38/100
    48% below nat'l avg

    Car-Dependent

    N/A

    38

    Environment & Quality of Life
    Air Quality (AQI)
    42 — Good
    Climate Risk
    Relatively High
    Noise Level
    Quiet
    Unemployment
    N/A
    Poverty Rate
    N/A
    Near nat'l avg
    About Franklin Lakes borough

    Franklin Lakes, New Jersey, is a sanctuary of upscale suburban living, a world away from the hustle and bustle, yet conveniently close to the dynamism of New York City. Here, tree-lined streets and meticulously maintained estates define the landscape, offering a lifestyle that prioritizes family and community. While the median home value of $1,135,700 positions Franklin Lakes well above the national average, the borough's exceptional quality of life, marked by top-rated schools and ample green spaces, justifies the investment for those seeking a premium living experience. The median household income of $204,917 also speaks to the affluence and financial stability of the area, creating a secure and comfortable environment for residents. From an investment perspective, Franklin Lakes offers a robust and stable real estate market. The borough's commitment to safety, the low unemployment rate, and the overall desirability of the area contribute to consistently high property values. This is an ideal place for families looking to plant roots, with a focus on raising children in a safe, supportive environment. The close proximity to major metropolitan areas also means that residents can easily access employment opportunities, while still enjoying the tranquility and privacy of a suburban haven.

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