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," which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

Because of many things, Franklin Lakes is a great place for families with children to consider. First of all, many other families with children live here, making Franklin Lakes a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough's good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Franklin Lakes has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Franklin Lakes's overall crime rate is lower than average for the country.

One downside of living in Franklin Lakes is that it can take a long time to commute to work. In Franklin Lakes, the average commute to work is 31.29 minutes, which is quite a bit higher than the national average.

Being a small borough, Franklin Lakes does not have a public transit system used by locals to get to and from work.

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.