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: 270
  • Single Family Addresses: 2,158
  • Multi-Family Addresses: 141
  • County: Sussex County
  • Centroid: Latitude 41.117, Longitude -74.599
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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07416 ZIP Code Map

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Franklin, NJ 07416 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 6,321
Daytime Population: Workers 2,437
Daytime Population: Residents 2,967
Total Daytime Population (TDP) 5,404
Ratio TDP/Total Population1 0.85
Population in Households 6,298
Population in Familes 5,248
Population in Group Qrtrs 23
Population Density2 435
Diversity Index3 31
 

INCOME

Median Household Income $68,874
Average Household Income $81,163
Per Capita Income $30,761

HOUSING

Total Housing Units 2,814 (100%)
Owner Occupied HU 1,681 (59.7%)
Renter Occupied HU 704 (25.0%)
Vacant Housing Units 429 (15.2%)
Median Home Value $224,062
Average Home Value $237,017
 

HOUSEHOLDS

Total Households 2,385
Average Household Size 2.64
Family Households 1,646
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 -0.15% -0.39%
Households -0.17% -0.42%
Families -0.17% -0.44%
Median Household Income   2.6%
Per Capita Income   2.64%

Franklin, NJ 07416 - Peer Comparisons by Rank and Percentile

The table below compares 07416 to the other 579 ZIP Codes 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 # 388 33rd
Population Density # 462 20th
Diversity Index # 406 30th
Median Household Income # 383 34th
Per Capita Income # 423 27th

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


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