Franklin Lakes is a somewhat small borough located in the state of New Jersey. With a population of 10,422 people and two constituent neighborhoods, Franklin Lakes is the 201st largest community in New Jersey.

Franklin Lakes is a decidedly white-collar borough, with fully 90.47% of the workforce employed in white-collar jobs, well above the national average. Overall, Franklin Lakes is a borough of sales and office workers, managers, and professionals. There are especially a lot of people living in Franklin Lakes who work in management occupations (21.65%), sales jobs (19.44%), and office and administrative support jobs (10.70%).

Also of interest is that Franklin Lakes has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 7.30% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Franklin Lakes is home to many people who could be described as "urban sophisticates." Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.

Because of many things, Franklin Lakes is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Franklin Lakes really has some of the features that families look for when choosing a good community to raise children. Is Franklin Lakes perfect? Of course not, and if you like frenetic night life, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

In Franklin Lakes, however, the average commute to work is quite long. On average, people spend 31.29 minutes each day getting to work, which is significantly higher than the national average.

Franklin Lakes is a small borough, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Franklin Lakes Information and Demographics

If knowledge is power, Franklin Lakes is a pretty powerful place. 52.94% of the adults in Franklin Lakes have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 14.96% for all cities and towns.

The per capita income in Franklin Lakes in 2000 was $59,763, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $239,052 for a family of four. However, Franklin Lakes contains both very wealthy and poor people as well.

The people who call Franklin Lakes home come from a variety of different races and ancestries. The most prevalent race in Franklin Lakes is White, followed by Asian. Important ancestries of people in Franklin Lakes include Italian, Irish, German, Polish, Russian, Dutch, and English.

The languages spoken by people in Franklin Lakes are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Franklin Lakes is English. Other important languages spoken here include Spanish, Italian, and Korean.