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MapMap ViewFranklin, NJ 07416 has a population of approximately 5,521 and experiences a population change rate of -4.48%. The population density is 584.1 / sq mi .
The median household income for Franklin, NJ 07416 is $80,264, with 2,530 households and an average household size of 2.17.
The median value of a home in Franklin, NJ 07416 is $290,400 with an appreciation rate of 12.70%. 57.28% of housing in the state is owned while 28.63% is rented.
The cost of living in Franklin, NJ 07416 is 114.6 %.
The unemployment rate in Franklin, NJ 07416 is 3.00%, and recent job growth is at 2.39%. Future job growth is projected at 45.80%.
The sales tax rate in Franklin, NJ 07416 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Franklin, NJ 07416 are $26,363, and the school ratio is 10.6:1.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 47.5 inches per year, with 38.3 inches of snow per year.
