Franklin Lakes, NJ Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Franklin Lakes, NJ

Get Access to 300+ Local Data Points

A+

197%

Income/capita NAT. AVG.

223%

Household income NAT. AVG.

28%

Unemployment NAT. AVG.

Index	Franklin Lakes	New Jersey	National
Income per capita	$88,699	$37,538	$29,829
Median household income	$178,794	$73,702	$55,322
Median income owner occupied	$202,703	$97,281	$70,586
Median income renter occupied	$76,250	$42,169	$35,192
Median earnings male	$110,962	$47,369	$36,919
Median earnings female	$45,608	$32,116	$26,250
Unemployment rate	3.4%	5.2%	4.7%
Poverty level	1.1%	10.9%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Key findings

The income per capita in Franklin Lakes is 197% higher than the national average
The median household income in Franklin Lakes is 223% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Franklin Lakes is 28% lower than the national average
The poverty level in Franklin Lakes is 93% lower than the national average

Compare Franklin Lakes, NJ Employment

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Best Places for Employment in and Around Franklin Lakes

See all the best places to live around Franklin Lakes

Write a review to give others more information about this area.

See all Franklin Lakes poll results

am i middle class

$119,184 $178,794 $357,588

City

$49,129 $73,702 $147,404

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in New Jersey

Here are the best places to live in New Jersey

These are the largest cities in New Jersey

Most Dangerous States In The US

Safest Cities In The US

Franklin Lakes median earnings by income bracket

Franklin Lakes employment by industry

Labour Type	Male	Female
Construction industry	11.0%	11.0%
Manufacturing sector	11.4%	11.4%
Financial & insurance services	16.4%	16.4%
Wholesale & retail services	11.3%	11.3%
Public administration	1.0%	1.0%
Transportation, warehousing & utilities	1.4%	1.4%
Education, health & social services	17.1%	17.1%
Other	28.9%	28.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Rockleigh, NJ	650	$242,500	338.3%
Ho-Ho-Kus, NJ	4,096	$230,682	317.0%
Mountain Lakes, NJ	4,249	$225,208	307.1%
Essex Fells, NJ	2,037	$215,104	288.8%
Upper Montclair, NJ	11,439	$214,726	288.1%
Franklin Lakes, NJ	11,044	$178,794	223.2%

Cities with similar population

City	Population	Household Income	National Avg.
Munhall, PA	11,049	$42,368	23.4%
Spencer, IA	11,038	$45,224	18.3%
Holbrook, MA	11,051	$79,718	44.1%
Lanham, MD	11,054	$88,054	59.2%
Ontario, OR	11,031	$35,917	35.1%
Franklin Lakes, NJ	11,044	$178,794	223.2%

Source: The Franklin Lakes, NJ employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).