Franklin Lakes borough
New Jersey
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.
Franklin Lakes borough, New Jersey at a Glance
Franklin Lakes borough is a city in New Jersey with a population of approximately 11,007. The median home value is $1,135,700 and the median household income is $204,917. It has a Walk Score of 25 out of 100, indicating car dependency. The violent crime rate is 0.3 per 1,000 residents, which is 92% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,625 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$1,135,700
Median Income
$204,917
Population
11,007
Walk Score
25
Air Quality
AQI 42
Good
Climate Risk
Relatively High
Fair
Are you a real estate agent in Franklin Lakes borough?
Thousands of homebuyers research this neighborhood every month. Make sure they find you.
Get discovered
Your profile shown to every visitor
Generate leads
Direct calls, emails & website clicks
Build authority
Branded reports & local expert badge
Available on Pro & Enterprise plans
- Population
- 11,007
- Median Age
- N/A
- Median Household Income
- $204,917
175% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 3.2%
74% below nat'l avg
- Median Home Value
- $1,135,700
303% above nat'l avg
- Median Rent
- $1,625
40% above nat'l avg
- Homeownership Rate
- 90.0%
37% above nat'l avg
- Affordability Index
- 110
10% above nat'l avg
- Violent Crime Rate
- 0.3 per 1K
92% below nat'l avg
- Property Crime Rate
- 11.0 per 1K
42% below nat'l avg
- AQI
- 42
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 96.74
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 17.6¢/kWh
6% above nat'l avg
- Est. Monthly Electric
- $158
15% above nat'l avg
- Unemployment Rate
- 4.4%
19% above nat'l avg
- Poverty Rate
- 3.2%
74% below nat'l avg
Political Landscape
↗ Trending more Republican
Based on Middlesex County county-level presidential election data
Culture & Things to Do in Franklin Lakes borough
Franklin Lakes Day
An annual community event with food, games, and entertainment.
Ringwood State Park Events
Various seasonal events and activities held throughout the year.
Farmers Markets
Seasonal farmers markets offering local produce and goods.
Holiday Tree Lighting
A festive event to celebrate the holiday season.
Similar Cities in New Jersey
Hoboken
Hoboken city, NJ
Fair Lawn borough
NJ
Jersey
Jersey City, NJ
Union City
Union City city, NJ
Long Branch
Long Branch city, NJ