Licking Memorial Health Systems
Home > New Jersey > Franklin Lakes borough, NJ

Franklin Lakes borough, NJ

Looking to move to Franklin Lakes borough, NJ? You’ve come to the right place. Livability helps people find their perfect places to live, and we’ve got everything you need to know to decide if moving to Franklin Lakes borough, NJ is right for you.

Let’s start with the basics: Franklin Lakes borough, NJ has a population of 11403. What about cost of living in Franklin Lakes borough, NJ? The median income in Franklin Lakes borough, NJ is $228,411 and the median home value is $986,333.

Read on to learn more about Franklin Lakes borough, NJ, and if you’d like some tips and advice for making your big move, check out our Make Your Move page, where you’ll find all kinds of stories and insights including How to Start Over in a New City, Tips for Getting to Know a New City Before You Move and so much more.

Weather in Franklin Lakes borough, NJ

Average Temperatures

61 high / 41 low

Average Annual Rainfall

49 in

Average Annual Snowfall

23 in

Quick Facts about Franklin Lakes borough, New Jersey

Median Home Value
$986,333
Median Property Tax
$7,431
Total Population
11,403
Average Commute
30 min
Median Household Income
$228,411
Median Monthly Rent
$2,526

Map of Franklin Lakes borough, NJ


Data used on Livability.com is provided from the most recent release (November 2025) by Applied Geographic Solutions (AGS). Our LivScore is calculated in partnership with AGS. Sales tax sources: Sales Tax Clearinghouse, Tax Foundation, and State Revenue Departments. Local rates are population-weighted to account for municipal variations.

Newsletter Sign Up