Franklin Center CDP, New Jersey Demographics & Population 2026

Population Overview

Franklin Center CDP is a small city located in New Jersey. The total population is 5,770. It ranks as the 268th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Franklin Center CDP is 56.4 years. This is 41% higher than the state median of 40.1 years. Only 14.1% of residents are under 18, indicating fewer families with children. 14.6% 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 CDP is $138,643. This is 37% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 77% higher. The poverty rate stands at 5.6%. This is 43% lower than the state poverty rate of 9.8%. The unemployment rate is 4.9%. This is 21% lower than the state rate of 6.2%. The median home value is $565,200. Housing costs are 32% higher than the state median of $427,600. The home-value-to-income ratio is 4.1x. 69.4% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 63.7%.

Race & Ethnicity

Franklin Center CDP is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Asian residents account for 30.1%. The Asian population is significantly higher than the state average (30.1% vs 9.8%).

Education

68.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.9%. Notably, 34.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Franklin Center CDP, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.