Franklin Park, NJ
Population 13,327 · New Jersey
About Franklin Park, NJ
Franklin Park is a mid-sized city in New Jersey with a population of 13,327 residents. The median household income is $111,508 per year, which is above the national average. The median age in Franklin Park is 38.4 years.
Housing in Franklin Park has a median home value of $326,800 and median monthly rent of $2,074. Of the 5,338 total housing units, the majority are owner-occupied, with 3,020 owner-occupied and 2,318 renter-occupied units.
The unemployment rate in Franklin Park is 4.6% and the poverty rate is 8.2%. 58.3% of residents hold a bachelor's degree or higher. The average commute time is 33.1 minutes.
Cost of Living in Franklin Park, NJ
Compared to national averages, Franklin Park has a median household income of $111,508 (48% above the national median of $75,149). Home values average $326,800, which is 33% above the national median. Monthly rent at $2,074 is 78% above the US average of $1,163. Within New Jersey, Franklin Park's income is 4% below the state average of $115,667, and home values are 30% below the state median of $469,644.
Why Live in Franklin Park, NJ?
Franklin Park offers a strong local economy with a median household income of $111,508, well above the national average, and a well-educated community where 58.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.2%, better than the national average.
Franklin Park has a population of 13,327 with a median age of 38.4 years. Compare Franklin Park with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Franklin Park
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Woodland Park | 13,284 | $85,638 | $475,400 | Compare |
| Ridgefield Park | 13,167 | $98,184 | $459,400 | Compare |
| Florham Park | 13,134 | $147,714 | $722,700 | Compare |
| Eatontown | 13,537 | $90,174 | $454,300 | Compare |
| Echelon | 13,577 | $81,808 | $288,000 | Compare |
| New Providence | 13,577 | $162,877 | $734,300 | Compare |
| Fords | 13,052 | $116,250 | $414,100 | Compare |
| Mercerville | 13,693 | $125,678 | $330,500 | 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 Franklin Park With Other Cities
Frequently Asked Questions about Franklin Park
What is the population of Franklin Park, NJ?
The population of Franklin Park, NJ is 13,327 according to the latest Census data.
What is the median household income in Franklin Park?
The median household income in Franklin Park, NJ is $111,508 per year.
What is the median home value in Franklin Park?
The median home value in Franklin Park, NJ is $326,800.
What is the average rent in Franklin Park?
The median monthly rent in Franklin Park, NJ is $2,074.
What is the unemployment rate in Franklin Park?
The unemployment rate in Franklin Park, NJ is 4.6%.