Franklin, NJ Profile: Facts, Map & Data

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Franklin, New Jersey - Basic Facts

The Borough of Franklin had a population of 4,983 as of July 1, 2017. Franklin ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Franklin is located at latitude 41.109 and longitude -74.5886 in Sussex County. The formal boundaries for the Borough of Franklin (see map below) encompass a land area of 4.36 sq. miles and a water area of 0.07 sq. miles. Sussex County is in the Eastern time zone (GMT -5). The elevation is 600 feet.

The Borough of Franklin (GNIS ID: 885224) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Franklin population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.

Alternate Unofficial Names for Franklin: Franklin Furnace.


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Borough of Franklin, NJ Boundary Map



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Franklin, NJ Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 4,983
Daytime Population: Workers 2,231
Daytime Population: Residents 2,378
Total Daytime Population (TDP) 4,609
Ratio TDP/Total Population1 0.92
Population in Households 4,960
Population in Familes 4,095
Population in Group Qrtrs 23
Population Density2 1,142
Diversity Index3 33
 

INCOME

Median Household Income $62,905
Average Household Income $76,696
Per Capita Income $29,556

HOUSING

Total Housing Units 2,112 (100%)
Owner Occupied HU 1,287 (60.9%)
Renter Occupied HU 622 (29.5%)
Vacant Housing Units 203 ( 9.6%)
Median Home Value $211,393
Average Home Value $218,531
 

HOUSEHOLDS

Total Households 1,909
Average Household Size 2.6
Family Households 1,297
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.17% -0.38%
Households -0.19% -0.42%
Families -0.2% -0.44%
Median Household Income   2.58%
Per Capita Income   2.55%

Franklin, NJ - Peer Comparisons by Rank and Percentile

The table below compares Franklin to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 262 52nd
Population Density # 413 24th
Diversity Index # 344 37th
Median Household Income # 379 31st
Per Capita Income # 412 25th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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