Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Franklin Borough, NJ Population, Income & Demographics 2026

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Demographics — 2023 ACS 5-Year Estimatesi

Census

Populationi

4,938

Median Agei

51.6

Race & Ethnicityi

White

75.8%3,742

Hispanic/Latino

19.2%948

Two or More

3.1%152

Other

1%47

Black

0.8%40

Asian

0.2%9

Educational Attainment (Age 25+)i

GED/Alternative

3.8%142

High School Diploma

37.9%1,433

Some College (<1 yr)

12.2%460

Some College (1+ yr)

13.1%496

Associate's Degree

5.3%201

Bachelor's Degree

13.4%507

Master's Degree

4.9%185

Professional Degree

0.4%14

Doctorate

0.8%32

HS or Higher

91.8%

BA or Higher

19.5%

Graduate+

6.1%

Housingi

Median Home Valuei

$253,100

Median Renti

$1,340

Tenure

Owner-Occupied

57%1,284

Renter-Occupied

43%968

Total Units

2,359

Homeownership

57%

Vacancy Rate

4.5%

Home Values

Under $50K

6.9%89

$50K–$100K

4.5%58

$100K–$150K

5.3%68

$150K–$200K

10%129

$200K–$300K

42.2%542

$300K–$500K

24.5%315

$500K–$1M

6%77

$1M+

0.5%6

Rent Distribution

Under $500

$500–$750

$750–$1,000

161

$1,000–$1,250

$1,250–$1,500

368

$1,500–$2,000

176

$2,000+

Year Built

2020 or later

1%23

2010–2019

1.1%27

2000–2009

6.2%146

1990–1999

5.6%133

1980–1989

12.8%303

1970–1979

13.3%313

1960–1969

7.9%186

1950–1959

9.9%234

1940–1949

6%141

1939 or earlier

36.2%853

Heating Fuel

Fuel Oil

54.4%1,226

Utility Gas

22.9%515

Bottled/LP Gas

9.4%212

Electricity

8.8%199

Wood

2.2%50

Other

2.2%50

Economyi

Median Household Incomei

$90,152

Mean Household Incomei

$91,075

Per Capita Incomei

$42,217

Poverty Ratei

Unemploymenti

7.1%

Labor Forcei

2,699

Household Income Distribution

Under $10K

4.2%94

$10K–$15K

2.4%55

$15K–$20K

6%135

$20K–$25K

2.5%56

$25K–$30K

3.3%74

$30K–$35K

3.1%69

$35K–$40K

6%134

$40K–$45K

2.7%61

$45K–$50K

2.8%63

$50K–$60K

4.2%94

$60K–$75K

6.4%145

$75K–$100K

22%495

$100K–$125K

13.5%304

$125K–$150K

7%157

$150K–$200K

8.6%194

$200K+

5.4%122

Ancestry & Heritage

Self-reported ancestry groups. Residents may report multiple ancestries, so totals may exceed 100%.

Foreign-Born Populationi

Foreign-Borni

4799.7%

By Region

Top Countries

Poland

Germany

Guatemala

Canada

Commute & Transportationi

Workersi

2,454

Avg. Commutei

35.3 min

How People Get to Work

Travel Time to Work

Workforce

Total Employed

2,508

Occupations

Industries

Social Characteristicsi

Marital Status (15+)i

Veteransi

258(6.2% of civilian adults)

Health Insurancei

93.1%Insured

6.9%Uninsured