Franklin, NJ

New Jersey · Metropolitan Area

Franklin is a small town in New Jersey with a population of 4,938. Residents earn $90,152 per year, which is 20% above the national average.

3.2 /5.0
B Good
4,938 Population 1,133/sq mi density
$90,152 Median Income $42,217 per capita
$253,100 Home Value $375,147 Zillow
$1,340 Median Rent
50°F Avg Temperature
82 Violent Crime/100K 2,384 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$90,152 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$253,100 home value, $1,340/mo rent
F
Safety
1.0 / 5.0
82 violent crimes/100K (79% below avg)
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher
Median Income $90,152
20% higher than US avg
Home Value $253,100
10% lower than US avg
Violent Crime 82/100K
79% lower than US avg
Bachelor's+ 19.5%
42% lower than US avg
Median Rent $1,340
15% higher than US avg
Obesity Rate 28.6%
11% lower than US avg
Unemployment 4.5%
25% higher than US avg
Poverty Rate 5.0%
60% lower than US avg

How Franklin Compares to the U.S. Average (100% = U.S. avg)

People

Population4,938
Median Age51.6 yrs
Density1,133/mi²
Male / Female52% / 48%
Largest GroupWhite 80%

Economy

A
Median Income$90,152
Per Capita$42,217
Unemployment4.5%
Poverty5.0%
County GDP$6,729M
Commute35 min

Housing

A+
Home Value$253,100
Rent$1,340
OwnershipN/A
Zillow$375,147

Crime

F
Violent82/100K
Property2,384/100K
Murder0.0/100K
Assault41/100K
Burglary245/100K

Health

Obesity28.6%
UninsuredN/A
Depression20.4%
Heart Disease5.1%

Climate

Avg Temp50°F
AQI39 (Good)
Rain41.0 in/yr
Elevation543 ft

Education

C+
Bachelor's+19.5%
High School+91.8%
School Score6.24

Community

2024 VoteR 62% / D 37%
Commute35 min
Libraries7

Is Franklin a Good Place to Live?

Based on current data, Franklin receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, low crime rates, a low poverty rate, high health insurance coverage. Areas to be aware of include long commute times. Franklin offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Franklin is $90,152, 20% above the national average of $75,149. Residents generally enjoy above-average earning potential. Unemployment stands at 4.5%, indicating a healthy job market. Only 5.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 35 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Franklin is $253,100, 10% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,340 per month. At just 2.8x median income, home prices are very affordable relative to local earnings.

Safety & Crime

Franklin is a very safe community with a violent crime rate of 82 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 2,384 per 100,000, 22% above the national average.

Education

19.5% of residents hold a bachelor's degree, below the national average of 33.7%. 91.8% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Franklin experiences four distinct seasons with an average temperature of 50°F. Winters average 27°F in January while summers reach 72°F in July. Annual precipitation totals 41.0 inches. Air quality is rated Good with a median AQI of 39.

Franklin has a population of 4,938 with a density of 1,133 people per square mile. The median age is 51.6 years, 33% older than the national median of 38.9. The city is predominantly White (79.5%), with 1.7% Hispanic, 1.5% Black.

Population

4,938
Total Population
1,133
People / sq mi
51.6yrs
Median Age
33% above US avg
4.4mi²
Land Area

Gender Distribution

Male 52.3%
Female 47.7%

Race & Ethnicity

Franklin vs U.S. Average

Language Spoken at Home

English Only86.3%
10% above US avg
Spanish13.7%
2% above US avg

Social Characteristics

Franklin vs U.S. Average

The median household income in Franklin is $90,152, which is 20% above the national average of $75,149. The unemployment rate is 4.5% (above the 3.6% US average). 5.0% of residents live below the poverty line. Workers commute an average of 35 minutes.

Income: Franklin vs U.S.

Commute Mode

Income

Median HH Income$90,152
20% above US avg
Per Capita Income$42,217
Avg Weekly Wage$1,129
IRS Avg AGI$97,341

Employment & Poverty

Unemployment4.5%
25% above US avg
Poverty Rate5.0%
60% below US avg
Establishments (County)3,624
County GDP$6,729M

Business (County)

Restaurants285
Healthcare375
Retail406
Manufacturing97

Tax & Cost of Living

Property Tax (IRS)$10,140
190% above US avg
Effective Tax Rate4.01%

Commute & Transportation

Commute Time35.3 min
Work from Home4.0%

Walkability

The median home value in Franklin is $253,100, 10% below the national average. Monthly rent averages $1,340 (15% above US avg). Zillow estimates the typical home value at $375,147.

Home Value Sources

Ownership Split

Home Values

Census Median$253,100
10% below US avg
Zillow ZHVI$375,147

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,340
15% above US avg

HUD Fair Market Rent

Studio$1,599
1 Bedroom$1,759
2 Bedrooms$2,132
3 Bedrooms$2,658
4 Bedrooms$3,005

Ownership & Property

Owner-Occupied57.0%

Property Tax

Avg Tax (IRS)$10,140
190% above US avg
Effective Rate4.01%
In Franklin, 28.6% of adults are obese (below the 32.1% national rate). 20.4% report depression. 24.2% are physically inactive.

Health Metrics: Franklin vs U.S. Average (%)

Chronic Conditions

Obesity28.6%
11% below US avg
Diabetes8.5%
Heart Disease5.1%
High Blood Pressure30.0%
Asthma10.2%
COPD5.7%
Stroke2.8%

Behaviors & Mental Health

Binge Drinking18.4%
Physical Inactivity24.2%
Depression20.4%
Mental Distress18.3%
Physical Distress12.7%

Healthcare Access

Insurance Rate93.1%
Checkup Rate74.7%
Premature Death6,516/100K

Food & Exercise

Food Environment9.1/10
Exercise Access93.4%
Healthcare Facilities375
Franklin has a violent crime rate of 82 per 100,000 residents, 79% below the national average of 380. Property crime stands at 2,384 per 100,000 (22% above US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Franklin vs U.S. Average (per 100,000)

Violent Crime

Total Violent81.5/100K
79% below US avg
Murder0.0/100K
100% below US avg
Rape0.0/100K
Robbery40.8/100K
Assault40.8/100K

Property Crime

Total Property2,384.4/100K
22% above US avg
Burglary244.6/100K
Theft2,139.8/100K
Vehicle Theft0.0/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)14

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Franklin has an average annual temperature of 50°F (10°C). Winters average 27°F in January while summers reach 72°F in July. Annual precipitation is 41.0 inches. Air quality is rated Good with a median AQI of 39.

Temperature

27°F Jan (-3°C) 72°F Jul (22°C)
Annual Average50.1°F
7% below US avg
January Average27°F (-3°C)
July Average72°F (22°C)

Precipitation & Snow

Annual Rainfall41.0 inches
8% above US avg

Air Quality

AQI Median39.0
RatingGood

Geography

Elevation543 ft (166 m)
Area4.4 sq mi (11.3 km²)
Population Density1,133/sq mi
Coordinates41.1090°N, 74.5886°W
County FIPS34037
It is classified as Metro — 1 million+. 19.5% of residents hold a bachelor's degree or higher (42% below US avg). In the 2024 election, the county voted Republican by a 24.9-point margin.

2024 Presidential Election (County)

R 61.6%
D 36.7%

Winner: Republican by 24.9 points

Education

Bachelor's Degree+19.5%
42% below US avg
High School+91.8%
School Test Score6.24
C+ Education Grade (2.6/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,133/sq mi
Total Area4.4 sq mi

Infrastructure & Services

Public Libraries7
Healthcare Facilities375
Restaurants285
Retail Stores406

Safety & Disasters

Fatal Crashes (County/yr)14
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute35.3 min
Work from Home4.0%

Nearby Cities

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