Franklin Park, New Jersey Population

Franklin Park, New Jersey has a population of 15,911, with a median household income of $118,118.

Current population data for Franklin Park.

15,911

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Population

15,911

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Median Income

$118,118

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Unemployment

2.50%

🏠

Housing Price

$442,114

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Crime Rate

0.40

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Internet Speed

272.30 Mbps

Franklin Park is a small local community located in New Jersey. The city has a population that is above the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in New Jersey, Franklin Park provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Franklin Park has a population of 15,911, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Franklin Park is $118,118, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Franklin Park is about $442,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Franklin Park is 2.50%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Franklin Park are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Franklin Park shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Franklin Park offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Franklin Park

What is the population of Franklin Park?

The population of Franklin Park is approximately 15,911.

Is Franklin Park a good place to live?

Franklin Park offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Franklin Park?

The median household income in Franklin Park is around $118,118.

How expensive is housing in Franklin Park?

The average housing price in Franklin Park is approximately $442,114.