Franklin, NJ
Full City Profile · New Jersey · Sussex County County
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
21.9% income on rent
50°F
Avg Temperature
275 sunny days/yr
213
Violent Crime/100K
1,021 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
213 violent crimes/100K
C+
Education
2.6 / 5.0
19.5% bachelor's degree or higher
Income Overview
Median Household Income
$90,152
20% above
US avg: $75,149
Per Capita Income
$42,217
8% above
US avg: $39,052
Unemployment Rate
4.5%
25% above
US avg: 3.6%
Poverty Rate
5.0%
60% below
US avg: 12.4%
Income Comparison: Franklin vs. U.S. Average
Each bar shows Franklin’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$90,152
120%
Per Capita
US: $39,052
$42,217
108%
IRS Avg AGI
US: $72,000
$97,341
135%
Avg Weekly Wage
US: $1,432
$1,129
79%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,129
21% below US avg ($1,432)
Mean Commute Time
35 min
28% above US avg (28 min)
Work From Home
4.0%
74% below US avg (15.2%)
Drive Alone
81.9%
12% above US avg (73.2%)
Public Transit
0.6%
88% below US avg (5.0%)
County GDP
$6,729M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.9%
Public Transit
0.6%
Work From Home
4%
Other
13.5%
Average commute time
35 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,624
Restaurants
285
Healthcare
375
Retail
406
Manufacturing
97
Tax & Financial
IRS Avg Adjusted Gross Income
$97,341
35% above US avg ($72,000)
Avg Property Tax
$10,140
190% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $90,152 |
| Per Capita Income | $42,217 |
| IRS Avg Adjusted Gross Income | $97,341 |
| Avg Weekly Wage | $1,129 |
| County GDP | $6,729M |
Hardship Indicators
| Unemployment Rate | 4.5% |
| Poverty Rate | 5.0% |
| Gini Coefficient | 0.417 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 35 minutes |
| Drive Alone | 81.9% |
| Public Transit | 0.6% |
| Work From Home | 4.0% |
Businesses
| Total Establishments | 3,624 |
| Restaurants | 285 |
| Healthcare | 375 |
| Retail | 406 |
| Manufacturing | 97 |
Tax
| IRS Avg AGI | $97,341 |
| Avg Property Tax | $10,140 |
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