East Franklin, NJ
Population 10,281 · New Jersey
About East Franklin, NJ
East Franklin is a mid-sized city located in New Jersey with a population of 10,281 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,363 per year, which is 40% above the national median of $75,149. The median age of 30.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in East Franklin features a median home value of $366,900, which is 50% above the national median of $244,900. This positions East Franklin in a moderately priced market relative to the rest of the country. Median monthly rent is $1,794, 54% above the national average of $1,163/month. Of the 3,023 total housing units, 48% are owner-occupied (1,447 units) and 52% are renter-occupied (1,576 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in East Franklin shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in East Franklin have an average one-way commute time of 31 minutes.
Education & Demographics
24.8% of East Franklin residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 12.1% White, 0.5% Hispanic or Latino, 9.6% Black or African American, and 34.3% Asian residents, with 42.4% of the population being foreign-born.
Cost of Living in East Franklin, NJ
Compared to national averages, East Franklin has a median household income of $105,363 (40% above the national median of $75,149). Home values average $366,900, which is 50% above the national median. Monthly rent at $1,794 is 54% above the US average of $1,163. Within New Jersey, East Franklin's income is 9% below the state average of $115,667, and home values are 22% below the state median of $469,644.
Why Live in East Franklin, NJ?
East Franklin offers a strong local economy with a median household income of $105,363, well above the national average, and a strong job market with an unemployment rate of just 2.9%, and a low poverty rate of 8.6%, better than the national average.
East Franklin has a population of 10,281 with a median age of 30.4 years. Compare East Franklin with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near East Franklin
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blackwells Mills | 10,220 | $248,149 | $736,000 | Compare |
| Lake Hopatcong | 10,383 | $111,614 | $388,300 | Compare |
| Lake Hiawatha | 10,406 | $101,500 | $402,500 | Compare |
| East Rutherford | 10,154 | $91,789 | $453,500 | Compare |
| Hackettstown | 10,143 | $91,250 | $337,100 | Compare |
| Budd Lake | 10,106 | $113,036 | $437,200 | Compare |
| Somers Point | 10,461 | $68,542 | $277,500 | Compare |
| Wood-Ridge | 10,094 | $131,412 | $532,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare East Franklin With Other Cities
Frequently Asked Questions about East Franklin
What is the population of East Franklin, NJ?
The population of East Franklin, NJ is 10,281 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Jersey.
What is the median household income in East Franklin?
The median household income in East Franklin, NJ is $105,363 per year, which is 40% above the national median of $75,149.
What is the median home value in East Franklin?
The median home value in East Franklin, NJ is $366,900, which is 50% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in East Franklin?
The median monthly rent in East Franklin, NJ is $1,794, which is 54% above the national average of $1,163/month.
What is the unemployment rate in East Franklin?
The unemployment rate in East Franklin, NJ is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is East Franklin, NJ a good place to live?
East Franklin offers above-average incomes, a competitive housing market, and a strong job market. With a population of 10,281 and a median age of 30.4, the city appeals to young professionals and families.
How educated is East Franklin, NJ?
24.8% of residents in East Franklin aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in East Franklin?
Key cost-of-living indicators for East Franklin, NJ: median home value is $366,900 (50% above national), median rent is $1,794/month, and median household income is $105,363. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in East Franklin?
The poverty rate in East Franklin, NJ is 8.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is East Franklin, NJ?
East Franklin's population is 12.1% White, 0.5% Hispanic or Latino, 9.6% Black or African American, 34.3% Asian, and 24.3% two or more races. 42.4% of residents are foreign-born.