Franklin Lakes vs Princeton, New Jersey
Side-by-side comparison
How does Franklin Lakes, NJ compare to Princeton, New Jersey, NJ? Franklin Lakes has a population of 11,011 with a median household income of $230,987, while Princeton, New Jersey has 30,451 residents and a median income of $184,113. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Franklin Lakes, NJ | Princeton, New Jersey, NJ | Difference |
|---|---|---|---|
| Population | 11,011 | 30,451 | -63.8% |
| Median Age | 46.9 | 27.5 | +70.5% |
| Foreign Born % | 17.8% | 29.9% | -40.5% |
| Metric | Franklin Lakes | Princeton, New Jersey | Difference |
|---|---|---|---|
| Median Income | $230,987 | $184,113 | +25.5% |
| Unemployment | 2.3% | 4.5% | -48.9% |
| Poverty Rate | 3.2% | 6.8% | -52.9% |
| Bachelor's+ | 78.9% | 84.6% | -6.7% |
| Metric | Franklin Lakes | Princeton, New Jersey | Difference |
|---|---|---|---|
| Home Value | $1,217,500 | $1,040,400 | +17.0% |
| Median Rent | $3334/mo | $2448/mo | +36.2% |
| Housing Units | 3,879 | 9,737 | -60.2% |