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.
|Population in Households||4,892|
|Population in Familes||4,056|
|Population in Group Qrtrs||23|
|Median Household Income||$64,052|
|Average Household Income||$78,876|
|Per Capita Income||$30,442|
|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|
|Average Household Size||2.59|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||3.33%|
|Per Capita Income||3.04%|
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.
|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.