Franklin Lakes

County:: Bergen County
County Seat:: No
Area (mi²):: 9.414
State:: New Jersey

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.

Demographics

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, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Asian

Two or more races

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

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%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%

Franklin Lakes Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

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%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Families	$250,001	$357,177
Married Families	$250,001	-
Households	$230,987	$321,350
Non Families	$59,219	$91,542

$113,918

Average Income

$230,987

Median Household Income

3.2%

Poverty Rate