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Franklin Lakes, NJ 07417 has a population of approximately 10,953 and experiences a population change rate of 5.10%. The population density is 1,163.6 / sq mi .
The median household income for Franklin Lakes, NJ 07417 is $188,217, with 3,847 households and an average household size of 2.87.
The median value of a home in Franklin Lakes, NJ 07417 is $1,182,100 with an appreciation rate of 12.70%. 84.46% of housing in the state is owned while 10.88% is rented.
The cost of living in Franklin Lakes, NJ 07417 is 246.3 %.
The unemployment rate in Franklin Lakes, NJ 07417 is 2.60%, and recent job growth is at 3.01%. Future job growth is projected at 49.30%.
The sales tax rate in Franklin Lakes, NJ 07417 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Franklin Lakes, NJ 07417 are $24,891, and the school ratio is 12.5:1.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 50.2 inches per year, with 26.3 inches of snow per year.