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Franklinville, New Jersey Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Franklinville, New Jersey had a total population of 1,904, the 473rd largest community in New Jersey, with a median household income of $122,179, which is 18% higher than the state average. The poverty rate is 4.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Franklinville Quick Facts

Population 1,904
Median Household Income $122,179
Median Home Value $268,100
Poverty Rate 4.6%
Unemployment Rate 5.0%
Median Age 40.0 years
Homeownership Rate 81.7%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 19.8%
High School Graduation Rate 89.4%
Diversity Index 34/100
Population 1,904 473rd of 700
Median Income $122,179 above average
Poverty Rate 4.6% 63% lower than national
Median Home Value $268,100 bottom 20%

How Franklinville Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,9991,904-4.8%
Median household income$117,847$122,179+3.7%
Median home value$259,100$268,100+3.5%

How Franklinville Compares

Economy & Housing

Household Income Distribution

Under $25K 7.0%
$25K-$50K 11.6%
$50K-$100K 21.0%
$100K+ 60.4%
Detailed income brackets
Under $10K
1.6%
$10K-$15K
1.4%
$15K-$20K
2.5%
$20K-$25K
1.4%
$25K-$30K
0.0%
$30K-$35K
2.1%
$35K-$40K
1.8%
$40K-$45K
4.5%
$45K-$50K
3.1%
$50K-$60K
0.0%
$60K-$75K
7.9%
$75K-$100K
13.1%
$100K-$125K
11.1%
$125K-$150K
10.6%
$150K-$200K
32.3%
$200K+
6.4%

Employment

5.0% Unemployment Rate State: 6.3%|National: 5.2%
62.8% Labor Force Participation

Housing Overview

Owner 81.7%
Renter 18.3%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $1,646/mo 16.2% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 66 | National average: 61

Education

Franklinville Rankings in New Jersey

#473 Population of 700
#244 Median Income of 662
#620 Education of 699
#558 Home Value of 678

Other Cities in Gloucester County

CityPopulationMedian IncomePovertyHome Value
Glassboro 23,717 $87,278 13.4% $314,400
Williamstown 14,705 $89,414 8.3% $278,600
Woodbury 10,042 $77,028 13.2% $222,700
Clayton 8,921 $90,274 8.0% $252,300
Pitman 8,856 $98,489 3.1% $279,300
Paulsboro 6,248 $64,239 15.2% $202,700
Beckett 5,017 $115,363 8.7% $313,400
Mullica Hill 4,591 $131,250 7.2% $442,800
Oak Valley 4,413 $93,472 16.2% $242,600
Westville 4,310 $70,639 15.4% $196,000

Cities Similar to Franklinville

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Stonebridge1,966$127,578$646,80061.0%6.6%
Presidential Lakes Estates1,947$114,348$220,40010.3%4.9%
Ramapo College of New Jersey2,018N/AN/A40.5%N/A
Lavallette1,865$133,056$1,089,00058.5%4.3%
Avon-by-the-Sea2,030$122,635$1,509,60072.5%3.4%

Population Overview

Franklinville is a small community located in New Jersey, within Gloucester County. The total population is 1,904. It ranks as the 473rd most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Franklinville is 40.0 years. This is about the same as the state median of 40.1 years.

Economy, Income & Housing

The median household income in Franklinville is $122,179. This is 18% higher than the state median of $103,556. It is also 51% higher than the national median of $80,734. The poverty rate stands at 4.6%. This is 52% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.0%. This is 21% lower than the state rate of 6.3%. The median home value is $268,100. Housing costs are 41% lower than the state median of $454,400. With a home-value-to-income ratio of just 2.2x, Franklinville is one of the most affordable housing markets in the area. 81.7% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Franklinville is White (non-Hispanic), making up 80.1% of the population. Hispanic or Latino residents account for 8.4%. The White (non-Hispanic) population is significantly higher than the state average (80.1% vs 50.9%). The Black or African American population (0.4%) is well below the state average of 12.2%. The Hispanic or Latino population (8.4%) is well below the state average of 22.5%. The Asian population (0.3%) is well below the state average of 10.1%.

Education

19.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower 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 89.4%.

Data Sources & Methodology

All demographic data for Franklinville, 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 Franklinville, New Jersey?

Franklinville, New Jersey has a population of 1,904 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Franklinville, NJ?

The median household income in Franklinville is $122,179, which is 51% higher than the national median of $80,734.

What is the poverty rate in Franklinville, NJ?

The poverty rate in Franklinville is 4.6%. This means approximately 88 residents live below the federal poverty line.

What is the racial makeup of Franklinville, New Jersey?

Franklinville's population is 80.1% White, 0.4% Black, 8.4% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Franklinville, NJ?

The median home value in Franklinville is $268,100. The home-value-to-income ratio is 2.2x.

How educated is Franklinville, New Jersey?

19.8% of adults (25+) in Franklinville hold a bachelor's degree or higher, and 6.5% hold a graduate or professional degree.