| Index | Franklin | New Jersey | National |
| Average Test Scores | 51% | 52% | 48% |
| Student/Teacher ratio | 13:1 | 13:1 | 16:1 |
| Total public schools | 2 | 1,604 | 79,221 |
| Total private schools | 1 | 823 | 24,874 |
| Total post-secondary schools | n/a | 157 | 7,963 |


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| Index | Franklin | New Jersey | National |
| Completed 8th grade | 87.7% | 87.5% | 84.3% |
| Completed high school | 86.8% | 86.3% | 83.0% |
| Completed some college | 49.4% | 60.7% | 59.4% |
| Completed associate degree | 28.8% | 43.9% | 38.5% |
| Completed bachelors | 20.3% | 37.5% | 30.3% |
| Completed masters | 5.2% | 14.4% | 11.5% |
| Completed professional degree | 0.7% | 4.0% | 3.3% |
| Completed doctorate | 0.3% | 1.5% | 1.3% |
There are a total of 2 public schools, 1 private schools and n/a post-secondary schools in Franklin. Using the proficiency score averages, the average test scores for Franklin, NJ schools is 51%. The average student to teacher ratio is 13:1. In Franklin, NJ, an average of 87.7% of students have completed 8th grade and an average of 86.8% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Kinnelon, NJ | 10,342 | 74% | 53.1% |
| Warwick, NY | 7,019 | 71% | 47.9% |
| Lake Mohawk, NJ | 9,397 | 70% | 45.8% |
| Lincoln Park, NJ | 10,623 | 70% | 45.8% |
| Milford, PA | 1,432 | 68% | 41.1% |
| Franklin, NJ | 4,927 | 51% | 6.3% |
| City | Population | Avg. Test Scores | National Avg. |
| Dallas, NC | 4,928 | 49% | 1.9% |
| Seat Pleasant, MD | 4,929 | 12% | 75.0% |
| Kanab, UT | 4,929 | 50% | 4.2% |
| Smithville, TN | 4,925 | 29% | 39.6% |
| Holts Summit, MO | 4,929 | 43% | 11.5% |
| Franklin, NJ | 4,927 | 51% | 6.3% |