Franklin borough, New Jersey
Population estimates, July 1, 2025, (V2025) 5,083
People
Population
Population estimates, July 1, 2025, (V2025) 5,083
Population estimates base, April 1, 2020, (V2025) 4,912
Population, percent change - April 1, 2020 (estimates base) to July 1, 2025, (V2025) 3.5%
Population, Census, April 1, 2020 4,912
Population, Census, April 1, 2010 5,045
Age and Sex
Persons under 5 years, percent 4.9%
Persons under 18 years, percent 17.5%
Persons 65 years and over, percent 24.7%
Female persons, percent 46.0%
Race and Hispanic Origin
White alone, percent 76.2%
Black alone, percent(a) 1.5%
American Indian and Alaska Native alone, percent(a) 0.0%
Asian alone, percent(a) 0.1%
Native Hawaiian and Other Pacific Islander alone, percent(a) 0.0%
Two or More Races, percent 13.1%
Hispanic or Latino, percent(b) 21.3%
White alone, not Hispanic or Latino, percent 72.5%
Population Characteristics
Veterans, 2020-2024 274
Foreign-born persons, percent, 2020-2024 10.9%
Housing
Housing Units, July 1, 2025, (V2025) X
Owner-occupied housing unit rate, 2020-2024 56.2%
Median value of owner-occupied housing units, 2020-2024 $272,600
Median selected monthly owner costs - with a mortgage, 2020-2024 $2,223
Median selected monthly owner costs - without a mortage, 2020-2024 $1,202
Median gross rent, 2020-2024 $1,381
Building Permits, 2025 X
Families & Living Arrangements
Households, 2020-2024 2,224
Persons per household, 2020-2024 2.22
Living in the same house 1 year ago, percent of persons age 1 year+ , 2020-2024 87.6%
Language other than English spoken at home, percent of persons age 5 years+, 2020-2024 18.0%
Computer and Internet Use
Households with a computer, percent, 2020-2024 93.1%
Households with a broadband Internet subscription, percent, 2020-2024 89.3%
Education
High school graduate or higher, percent of persons age 25 years+, 2020-2024 91.6%
Bachelor's degree or higher, percent of persons age 25 years+, 2020-2024 19.7%
Health
With a disability, under age 65 years, percent, 2020-2024 8.7%
Persons without health insurance, under age 65 years, percent 9.6%
Economy
In civilian labor force, total, percent of population age 16 years+, 2020-2024 63.3%
In civilian labor force, female, percent of population age 16 years+, 2020-2024 59.7%
Total accommodation and food services sales, 2022 ($1,000)(c) 15,627
Total health care and social assistance receipts/revenue, 2022 ($1,000)(c) 8,359
Total transportation and warehousing receipts/revenue, 2022 ($1,000)(c) 1,267
Total retail sales, 2022 ($1,000)(c) 166,749
Total retail sales per capita, 2022(c) $33,585
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2020-2024 36.9
Income & Poverty
Median households income (in 2024 dollars), 2020-2024 $92,744
Per capita income in past 12 months (in 2024 dollars), 2020-2024 $43,657
Persons in poverty, percent 8.0%
Businesses
Businesses
Total employer establishments, 2023 X
Total employment, 2023 X
Total annual payroll, 2023 ($1,000) X
Total employment, percent change, 2022-2023 X
Total nonemployer establishments, 2023 X
All employer firms, Reference year 2023 X
Male-owned employer firms, Reference year 2023 X
Female-owned employer firms, Reference year 2023 X
Minority-owned employer firms, Reference year 2023 X
Nonminority-owned employer firms, Reference year 2023 X
Veteran-owned employer firms, Reference year 2023 X
Nonveteran-owned employer firms, Reference year 2023 X
Geography
Geography
Population per square mile, 2020 1,127.6
Population per square mile, 2010 1,121.6
Land area in square miles, 2020 4.36
Land area in square miles, 2010 4.50
FIPS Code 3424930