Franklinville CDP, New Jersey Demographics & Population 2026

Population Overview

Franklinville CDP is a small community located in New Jersey. The total population is 1,999. It ranks as the 460th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Franklinville CDP is 37.9 years. This is 5% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Franklinville CDP is $117,847. This is 17% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 50% higher. The poverty rate stands at 3.4%. This is 65% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.5%. This is 10% lower than the state rate of 6.2%. The median home value is $259,100. Housing costs are 39% lower than the state median of $427,600. With a home-value-to-income ratio of just 2.2x, Franklinville CDP is one of the most affordable housing markets in the area. 82.2% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Franklinville CDP is White (non-Hispanic), making up 79.5% of the population. Hispanic or Latino residents account for 8.4%. The White (non-Hispanic) population is significantly higher than the state average (79.5% vs 51.9%). The Black or African American population (0.3%) is well below the state average of 12.3%. The Hispanic or Latino population (8.4%) is well below the state average of 21.9%. The Asian population (0.3%) is well below the state average of 9.8%.

Education

21.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% 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 87.5%.

Data Sources & Methodology

All demographic data for Franklinville 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.