Franklin, NJ Profile: Facts & Data

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Franklin, New Jersey - Basic Facts

The Borough of Franklin had a population of 4,915 as of July 1, 2018. 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.

Alternate Unofficial Names for Franklin: Franklin Furnace.

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  1. Franklin 2018 Demographic Data
  2. Growth Rates for Franklin (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Franklin, NJ Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 4,915
Population in Households 4,892
Population in Familes 4,056
Population in Group Qrtrs 23
Population Density2 1,127
Diversity Index3 34
 

INCOME

Median Household Income $64,052
Average Household Income $78,876
Per Capita Income $30,442

HOUSING

Total Housing Units 2,136 (100%)
Owner Occupied HU 1,258 (58.9%)
Renter Occupied HU 628 (29.4%)
Vacant Housing Units 250 (11.7%)
Median Home Value $219,123
Average Home Value $221,145
 

HOUSEHOLDS

Total Households 1,886
Average Household Size 2.59
Family Households 1,278
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  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

2010-2018 2018-2023
Population -0.32% -0.57%
Households -0.32% -0.57%
Families -0.35% -0.59%
Median Household Income   3.33%
Per Capita Income   3.04%

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, 2018 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 # 264 52nd
Population Density # 415 24th
Diversity Index # 343 37th
Median Household Income # 401 27th
Per Capita Income # 430 21st

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

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