Franklin Park CDP, New Jersey Demographics & Population 2026

Population Overview

Franklin Park CDP is a small city located in New Jersey. The total population is 13,327. It ranks as the 100th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Franklin Park CDP is 38.4 years. This is 4% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Franklin Park CDP is $111,508. This is 10% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 42% higher. The poverty rate stands at 8.2%. This is 16% lower than the state poverty rate of 9.8%. The unemployment rate is 4.6%. This is 26% lower than the state rate of 6.2%. The median home value is $326,800. Housing costs are 24% lower than the state median of $427,600. With a home-value-to-income ratio of just 2.9x, Franklin Park CDP is one of the most affordable housing markets in the area. 56.6% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 63.7%.

Race & Ethnicity

Franklin Park CDP is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Black or African American residents account for 27.6%. The White (non-Hispanic) population (19.6%) is well below the state average of 51.9%. The Black or African American population is significantly higher than the state average (27.6% vs 12.3%). The Asian population is significantly higher than the state average (37.4% vs 9.8%).

Education

58.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% 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 93.4%. Notably, 26.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Franklin Park 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.