Franklin Lakes employment information

IndexFranklin LakesNew JerseyNational
Income per capita$79,772$37,538$29,829
Median household income$160,000$73,702$55,322
Median income owner occupied$178,384$97,281$70,586
Median income renter occupied$81,397$42,169$35,192
Median earnings male$101,219$47,369$36,919
Median earnings female$40,207$32,116$26,250
Unemployment rate3.2%5.2%4.7%
Poverty level2.7%10.9%15.1%
The Franklin Lakes, NJ employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Franklin Lakes is $79,772, which is 113% higher than than the New Jersey average and 167% higher than than the national average. The median household income is $160,000, which is 117% higher than than the New Jersey average and 189% higher than than the national average. The unemployment rate in Franklin Lakes is 3%, which is 31% lower than than the national average. The poverty rate in Franklin Lakes is 3% which is 82% lower than than the national average.

am i middle class

$Input your household income
$106,656$160,000$320,000
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.

Did you know?

  • The income per capita in Franklin Lakes is 167% higher than the national average.
  • The median household income in Franklin Lakes is 189% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Franklin Lakes is 31% lower than the national average.
  • The poverty level in Franklin Lakes is 82% 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 industry9.2%1.4%
Manufacturing sector6.5%0.7%
Financial & insurance services8.3%5.0%
Wholesale & retail services22.1%17.4%
Public administration0.3%0.7%
Transportation, warehousing & utilities2.3%0.0%
Education, health & social services16.5%33.3%
Other30.5%33.0%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Upper Montclair, NJ11,731$190,515244%
North Caldwell, NJ6,519$188,897241%
Essex Fells, NJ2,164$174,432215%
Upper Saddle River, NJ8,301$171,747210%
Glen Ridge, NJ7,615$170,839209%
Franklin Lakes, NJ10,810$160,000189%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Newman, CA10,808$51,4557%
Union, MO10,813$43,98520%
Little Chute, WI10,815$59,0497%
Fredonia, NY10,801$48,13613%
Atchison, KS10,798$41,69625%
Franklin Lakes, NJ10,810$160,000189%
Source: The Franklin Lakes, NJ employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).