Franklin Lakes, NJ Employment

A+
197%
Income/capita NAT. AVG.
223%
Household income NAT. AVG.
28%
Unemployment NAT. AVG.
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IndexFranklin LakesNew JerseyNational
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 rate3.4%5.2%4.7%
Poverty level1.1%10.9%15.1%
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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

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      am i middle class

      $
      Input your household income
      $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.

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      Franklin Lakes median earnings by income bracket

      Franklin Lakes employment by industry

      Labour TypeMaleFemale
      Construction industry11.0%11.0%
      Manufacturing sector11.4%11.4%
      Financial & insurance services16.4%16.4%
      Wholesale & retail services11.3%11.3%
      Public administration1.0%1.0%
      Transportation, warehousing & utilities1.4%1.4%
      Education, health & social services17.1%17.1%
      Other28.9%28.9%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Rockleigh, NJ650$242,500338.3%
      Ho-Ho-Kus, NJ4,096$230,682317.0%
      Mountain Lakes, NJ4,249$225,208307.1%
      Essex Fells, NJ2,037$215,104288.8%
      Upper Montclair, NJ11,439$214,726288.1%
      Franklin Lakes, NJ11,044$178,794223.2%

      Cities with similar population

      City Population Household Income National Avg.
      Munhall, PA11,049$42,36823.4%
      Spencer, IA11,038$45,22418.3%
      Holbrook, MA11,051$79,71844.1%
      Lanham, MD11,054$88,05459.2%
      Ontario, OR11,031$35,91735.1%
      Franklin Lakes, NJ11,044$178,794223.2%
      Source: The Franklin Lakes, NJ employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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