Franklin Center, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Franklin Center, New Jersey had a total population of 6,646, the 240th largest community in New Jersey, with a median household income of $157,212, which is 52% higher than the state average. The poverty rate is 7.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 52% above the state average — one of the wealthiest communities in New Jersey.
- One of the most racially diverse communities in New Jersey (diversity index: 76/100).
Franklin Center Quick Facts
How Franklin Center Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 5,770 | 6,646 | +15.2% |
| Median household income | $138,643 | $157,212 | +13.4% |
| Median home value | $565,200 | $612,000 | +8.3% |
How Franklin Center Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
This community is exceptionally diverse, with no single racial or ethnic group dominating the population.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Franklin Center Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Somerset County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| North Plainfield | 22,809 | $87,349 | 13.2% | $374,700 |
| Somerset | 22,720 | $121,028 | 4.5% | $438,800 |
| Hillsborough | 22,585 | $144,112 | 2.7% | $435,700 |
| Bradley Gardens | 14,165 | $177,849 | 4.2% | $546,300 |
| Somerville | 13,410 | $103,760 | 5.9% | $435,700 |
| Franklin Park | 13,211 | $114,946 | 11.0% | $336,600 |
| Bound Brook | 12,219 | $90,571 | 11.1% | $397,100 |
| Martinsville | 11,559 | $205,000 | 1.4% | $720,400 |
| East Franklin | 11,070 | $115,458 | 5.9% | $385,900 |
| Manville | 10,921 | $93,333 | 11.7% | $354,300 |
Cities Similar to Franklin Center
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Strathmore | 6,708 | $151,855 | $539,500 | 64.8% | 1.9% |
| Allendale | 6,865 | $160,162 | $782,700 | 72.5% | 3.7% |
| Green Knoll | 6,789 | $165,227 | $597,100 | 58.0% | 3.3% |
| Linwood | 6,992 | $156,354 | $394,700 | 62.2% | 2.0% |
| Morris Plains | 6,315 | $154,923 | $643,300 | 72.2% | 3.2% |
Population Overview
Franklin Center is a small city located in New Jersey, within Somerset County. The total population is 6,646. It ranks as the 240th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Franklin Center is 51.5 years. This is 28% higher than the state median of 40.1 years. 17.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Franklin Center is $157,212. This is 52% higher than the state median of $103,556. It is also 95% higher than the national median of $80,734. The poverty rate stands at 7.3%. This is 25% lower than the state poverty rate of 9.7%. The unemployment rate is 4.6%. This is 28% lower than the state rate of 6.3%. The median home value is $612,000. Housing costs are 35% higher than the state median of $454,400. The home-value-to-income ratio is 3.9x. 74.5% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 63.8%.
Race & Ethnicity
Franklin Center is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Asian residents account for 28.1%. The Black or African American population is significantly higher than the state average (23.3% vs 12.2%). The Asian population is significantly higher than the state average (28.1% vs 10.1%).
Education
63.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.7%. Notably, 34.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Franklin Center, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Franklin Center, New Jersey?
Franklin Center, New Jersey has a population of 6,646 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Franklin Center, NJ?
The median household income in Franklin Center is $157,212, which is 95% higher than the national median of $80,734.
What is the poverty rate in Franklin Center, NJ?
The poverty rate in Franklin Center is 7.3%. This means approximately 473 residents live below the federal poverty line.
What is the racial makeup of Franklin Center, New Jersey?
Franklin Center's population is 29.8% White, 23.3% Black, 13.9% Hispanic/Latino, and 28.1% Asian.
What is the median home value in Franklin Center, NJ?
The median home value in Franklin Center is $612,000. The home-value-to-income ratio is 3.9x.
How educated is Franklin Center, New Jersey?
63.5% of adults (25+) in Franklin Center hold a bachelor's degree or higher, and 34.8% hold a graduate or professional degree.