Franklin Lakes employment information

IndexFranklin LakesNew JerseyNational
Income per capita$83,983$36,359$28,555
Median household income$153,657$72,062$53,482
Median income owner occupied$171,575$94,365$68,142
Median income renter occupied$86,250$41,062$33,219
Median earnings male$101,221$47,106$36,116
Median earnings female$40,453$32,292$25,692
Unemployment rate4.1%6.4%5.8%
Poverty level3.0%10.7%15.6%

Did you know?

  • The income per capita in Franklin Lakes is 194% higher than the national average.
  • The median household income in Franklin Lakes is 187% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Franklin Lakes is 30% lower than the national average.
  • The poverty level in Franklin Lakes is 81% lower than the national average.

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Compare Franklin Lakes, NJ Employment To Other Cities

Employment status

Hours worked per week

Franklin Lakes median earnings by income bracket

Franklin Lakes employment by industry

Labour TypeMaleFemale
Construction industry6.2%1.1%
Manufacturing sector6.4%1.2%
Financial & insurance services12.5%5.4%
Wholesale & retail services21.0%16.6%
Public administration0.0%0.0%
Transportation, warehousing & utilities3.9%0.0%
Education, health & social services15.8%36.1%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
North Caldwell, NJ6,407$194,536264%
Upper Saddle River, NJ8,304$188,750253%
Essex Fells, NJ2,140$174,050225%
Glen Ridge, NJ7,606$169,006216%
Mountain Lakes, NJ4,235$168,611215%
Franklin Lakes, NJ10,726$153,657187%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Ocean Pines, MD10,727$73,31037%
Roscoe, IL10,724$68,25328%
Jacinto City, TX10,717$30,48443%
Miami Shores, FL10,736$88,97766%
Damascus, OR10,711$85,70860%
Franklin Lakes, NJ10,726$153,657187%
Source: The Franklin Lakes, NJ employment data displayed above is derived from the United States Census Bureau.