Franklin borough, New Jersey Demographics & Population 2026
As of 2026, Franklin borough, New Jersey has a total population of 4,938, the 297th largest city in New Jersey, with a median household income of $90,152, which is 11% lower than the state average. The poverty rate is 8.0%.
Franklin borough Quick Facts
How Franklin borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Franklin borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Sussex County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hopatcong borough | 14,470 | $114,057 | 4.2% | $318,600 |
| Newton town | 8,336 | $73,679 | 15.0% | $282,300 |
| Stanhope borough | 3,551 | $134,583 | 2.5% | $326,000 |
| Hamburg borough | 3,293 | $90,655 | 7.6% | $258,200 |
| Ogdensburg borough | 2,231 | $104,946 | 7.0% | $311,900 |
| Sussex borough | 2,004 | $72,601 | 10.6% | $258,400 |
| Branchville borough | 724 | $124,167 | 4.8% | $299,600 |
| Andover borough | 716 | $78,750 | 4.9% | $355,400 |
Cities Similar to Franklin borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Ellisburg CDP | 5,021 | $91,272 | $294,300 | 41.7% | 11.9% |
| Forked River CDP | 4,988 | $87,455 | $404,600 | 24.4% | 9.7% |
| Florence CDP | 5,027 | $99,020 | $270,100 | 20.4% | 6.7% |
| Golden Triangle CDP | 4,893 | $101,411 | $280,800 | 40.1% | 8.6% |
| Highlands borough | 4,575 | $90,082 | $394,800 | 53.7% | 7.6% |
Population Overview
Franklin borough is a small community located in New Jersey, within Sussex County. The total population is 4,938. It ranks as the 297th most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Franklin borough is 51.6 years. This is 29% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Franklin borough is $90,152. This is 11% lower than the state median of $101,050. Compared to the national median of $78,538, household income here is 15% higher. The poverty rate stands at 8.0%. This is 18% lower than the state poverty rate of 9.8%. The unemployment rate is 7.1%. This is 15% higher than the state rate of 6.2%. The median home value is $253,100. Housing costs are 41% lower than the state median of $427,600. With a home-value-to-income ratio of just 2.8x, Franklin borough is one of the most affordable housing markets in the area. 57.0% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 63.7%.
Race & Ethnicity
The largest racial or ethnic group in Franklin borough is White (non-Hispanic), making up 75.8% of the population. Hispanic or Latino residents account for 19.2%. The Black or African American population (0.8%) is well below the state average of 12.3%. The Asian population (0.2%) is well below the state average of 9.8%.
Education
19.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% lower 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 91.8%.
Data Sources & Methodology
All demographic data for Franklin borough, 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.
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Frequently Asked Questions
What is the population of Franklin borough, New Jersey?
Franklin borough, New Jersey has a population of 4,938 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Franklin borough, NJ?
The median household income in Franklin borough is $90,152, which is 15% higher the national median of $78,538.
What is the poverty rate in Franklin borough, NJ?
The poverty rate in Franklin borough is 8.0%. This means approximately 394 residents live below the federal poverty line.
What is the racial makeup of Franklin borough, New Jersey?
Franklin borough's population is 75.8% White, 0.8% Black, 19.2% Hispanic/Latino, and 0.2% Asian.
What is the median home value in Franklin borough, NJ?
The median home value in Franklin borough is $253,100. The home-value-to-income ratio is 2.8x.
How educated is Franklin borough, New Jersey?
19.5% of adults (25+) in Franklin borough hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.