Franklin Park, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Franklin Park, New Jersey had a total population of 13,211, the 104th largest community in New Jersey, with a median household income of $114,946, which is 11% higher than the state average. The poverty rate is 11.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- One of the most racially diverse communities in New Jersey (diversity index: 73/100).
Franklin Park Quick Facts
How Franklin Park 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 | 13,327 | 13,211 | -0.9% |
| Median household income | $111,508 | $114,946 | +3.1% |
| Median home value | $326,800 | $336,600 | +3.0% |
How Franklin Park 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 Park 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 |
| 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 |
| The Hills | 10,785 | $154,564 | 3.8% | $577,000 |
Cities Similar to Franklin Park
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Fords | 12,771 | $115,861 | $438,000 | 42.0% | 6.4% |
| Somerville | 13,410 | $103,760 | $435,700 | 54.7% | 5.9% |
| Ridgefield Park | 13,235 | $100,718 | $496,700 | 34.5% | 11.9% |
| Westmont | 14,195 | $115,317 | $422,200 | 59.9% | 5.8% |
| Mercerville | 13,535 | $128,277 | $358,600 | 43.7% | 3.2% |
Population Overview
Franklin Park is a small city located in New Jersey, within Somerset County. The total population is 13,211. It ranks as the 104th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Franklin Park is 37.1 years. This is 7% lower than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Franklin Park is $114,946. This is 11% higher than the state median of $103,556. It is also 42% higher than the national median of $80,734. The poverty rate stands at 11.0%. This is 13% higher than the state poverty rate of 9.7%. The unemployment rate is 5.6%. This is 11% lower than the state rate of 6.3%. The median home value is $336,600. Housing costs are 26% lower than the state median of $454,400. With a home-value-to-income ratio of just 2.9x, Franklin Park is one of the most affordable housing markets in the area. 55.7% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 63.8%.
Race & Ethnicity
Franklin Park 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 23.8%. The White (non-Hispanic) population (17.0%) is well below the state average of 50.9%. The Black or African American population is significantly higher than the state average (23.8% vs 12.2%). The Asian population is significantly higher than the state average (40.3% vs 10.1%).
Education
54.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 25% 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 94.5%. Notably, 23.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Franklin Park, 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.
Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Franklin Park, New Jersey?
Franklin Park, New Jersey has a population of 13,211 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Franklin Park, NJ?
The median household income in Franklin Park is $114,946, which is 42% higher than the national median of $80,734.
What is the poverty rate in Franklin Park, NJ?
The poverty rate in Franklin Park is 11.0%. This means approximately 1,440 residents live below the federal poverty line.
What is the racial makeup of Franklin Park, New Jersey?
Franklin Park's population is 17.0% White, 23.8% Black, 13.8% Hispanic/Latino, and 40.3% Asian.
What is the median home value in Franklin Park, NJ?
The median home value in Franklin Park is $336,600. The home-value-to-income ratio is 2.9x.
How educated is Franklin Park, New Jersey?
54.4% of adults (25+) in Franklin Park hold a bachelor's degree or higher, and 23.0% hold a graduate or professional degree.