Franklin Lakes vs Oak Ridge
Side-by-side comparison
How does Franklin Lakes, NJ compare to Oak Ridge, NJ? Franklin Lakes has a population of 11,011 with a median household income of $230,987, while Oak Ridge has 10,860 residents and a median income of $118,718. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Franklin Lakes, NJ | Oak Ridge, NJ | Difference |
|---|---|---|---|
| Population | 11,011 | 10,860 | +1.4% |
| Median Age | 46.9 | 45.8 | +2.4% |
| Foreign Born % | 17.8% | 8.3% | +114.5% |
| Metric | Franklin Lakes | Oak Ridge | Difference |
|---|---|---|---|
| Median Income | $230,987 | $118,718 | +94.6% |
| Unemployment | 2.3% | 5.3% | -56.6% |
| Poverty Rate | 3.2% | 6.7% | -52.2% |
| Bachelor's+ | 78.9% | 43.2% | +82.6% |
| Metric | Franklin Lakes | Oak Ridge | Difference |
|---|---|---|---|
| Home Value | $1,217,500 | $417,300 | +191.8% |
| Median Rent | $3334/mo | $1320/mo | +152.6% |
| Housing Units | 3,879 | 4,349 | -10.8% |