Franklin Park, NJ

Full City Profile · New Jersey · Middlesex County County

4.8 /5.0
A+ Excellent
13,327 Population 5,106/sq mi density
$111,508 Median Income $56,871 per capita
$326,800 Home Value $417,960 Zillow
$2,074 Median Rent 26.4% income on rent
54°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.5 / 5.0
$111,508 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$326,800 home value, $2,074/mo rent
A+
Education
5.0 / 5.0
58.3% bachelor's degree or higher

Income Overview

Median Household Income
$111,508
48% above
US avg: $75,149
Per Capita Income
$56,871
46% above
US avg: $39,052
Unemployment Rate
4.6%
28% above
US avg: 3.6%
Poverty Rate
6.6%
47% below
US avg: 12.4%

Income Comparison: Franklin Park vs. U.S. Average

Each bar shows Franklin Park’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$111,508
148%
Per Capita
US: $39,052
$56,871
146%
IRS Avg AGI
US: $72,000
$97,759
136%
Avg Weekly Wage
US: $1,432
$1,585
111%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,585
11% above US avg ($1,432)
Mean Commute Time
33 min
20% above US avg (28 min)
Work From Home
15.8%
4% above US avg (15.2%)
Drive Alone
64.1%
12% below US avg (73.2%)
Public Transit
6.8%
36% above US avg (5.0%)
County GDP
$86,705M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 64.1%
Public Transit 6.8%
Work From Home 15.8%
Other 13.3%
Average commute time
33 minutes
US avg: 28 min

Business Landscape

Total Establishments
25,382
Restaurants
1,863
Healthcare
2,497
Retail
2,447
Manufacturing
649

Tax & Financial

IRS Avg Adjusted Gross Income
$97,759
36% above US avg ($72,000)
Avg Property Tax
$10,677
205% 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$111,508
Per Capita Income$56,871
IRS Avg Adjusted Gross Income$97,759
Avg Weekly Wage$1,585
County GDP$86,705M

Hardship Indicators

Unemployment Rate4.6%
Poverty Rate6.6%
Gini Coefficient0.432
Cost of Living Index108.8

Commute

Mean Commute33 minutes
Drive Alone64.1%
Public Transit6.8%
Work From Home15.8%

Businesses

Total Establishments25,382
Restaurants1,863
Healthcare2,497
Retail2,447
Manufacturing649

Tax

IRS Avg AGI$97,759
Avg Property Tax$10,677