Franklin, NJ 07416 ZIP Code Profile

Related Place Profiles:
Beaver Lake, NJ | Franklin, NJ
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ZIP Code 07416: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Franklin, NJ 07416

Not Acceptable, USPS
Beaver Lake, NJ 07416

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 254
  • Single Family Addresses: 2,099
  • Multi-Family Addresses: 136
  • County: Sussex County
  • Centroid: Latitude 41.117, Longitude -74.599
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
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07416 ZIP Code Map

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Franklin, NJ 07416 Data & Demographics (As of July 1, 2015)

POPULATION

Total Population 5,734
Population in Households 5,711
Population in Familes 4,728
Population in Group Qrtrs 23
Population Density1 506
Diversity Index2 31
 

HOUSEHOLDS

Total Households 2,189
Average Household Size 2.61
Family Households 1,500
Average Family Size 3

HOUSING

Total Housing Units 2,585 (100%)
Owner Occupied HU 1,526 (59.0%)
Renter Occupied HU 663 (25.6%)
Vacant Housing Units 396 (15.3%)
Median Home Value $239,350
Average Home Value $264,843
 

INCOME

Median Household Income $63,911
Average Household Income $78,083
Per Capita Income $29,879
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.34% -0.24%
Households -0.15% -0.17%
Families -0.09% -0.13%
Median Household Income   3.0%
Per Capita Income   2.53%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood 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.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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Franklin, NJ 07416 - Peer Comparisons by Rank and Percentile

The table below compares 07416 to the other 575 ZIP Codes in New Jersey by rank and percentile using July 1, 2015 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 # 403 30th
Population Density1 # 444 23rd
Diversity Index2 # 408 29th
Median Household Income # 403 30th
Per Capita Income # 419 27th

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