07417 Zip Code Detailed Profile




Estimated zip code population in 2013: 10,655
Zip code population in 2010: 10,580
Zip code population in 2000: 10,422

Houses and condos: 3,738
Renter-occupied apartments: 337
% of renters here:

9%
State:

36%
Mar. 2013 cost of living index in zip code 07417: 126.7 (high, U.S. average is 100)

Land area: 9.4 sq. mi.
Water area: 0.5 sq. mi.
Population density: 1,136 people per square mile 
 
 (low).

Age and Sex of Residents in zip code 07417
Zip code 07417 (Franklin Lakes, New Jersey) real estate house value trends
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Real estate property taxes paid for housing units in 2013:
This zip code:

1.0% ($10,001)
New Jersey:

2.4% ($7,331)
Median real estate property taxes paid for housing units with mortgages in 2013: $10,001 (1.0%)
Median real estate property taxes paid for housing units with no mortgage in 2013: $10,001 (1.1%)

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Males: 5,383  (50.5%)
Females: 5,272  (49.5%)

For population 25 years and over in 07417:

For population 15 years and over in 07417:

Zip code 07417 compared to state average:

  • Median household income above state average.
  • Median house value significantly above state average.
  • Black race population percentage significantly below state average.
  • Hispanic race population percentage significantly below state average.
  • Median age above state average.
  • Renting percentage significantly below state average.
  • Number of rooms per house significantly above state average.
  • Percentage of population with a bachelor's degree or higher above state average.
  • Races in zip code 07417

  • Zip code 07417 races chart
    • 9,007White population
    • 136Black population
    • 3American Indian population
    • 777Asian population
    • 0Native Hawaiian and Other Pacific Islander population
    • 12Some other race population
    • 120Two or more races population
    • 525Hispanic or Latino population

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Data:
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Based on 2000-2011 data
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123
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100% urban population.

Estimated median house/condo value in 2013: $954,700
07417:

$954,700
New Jersey:

$307,700
Median resident age:
This zip code:

45.7 years
New Jersey median age:

39.4 years
Average household size:
This zip code:

3.0 people
New Jersey:

2.7 people

Averages for the 2012 tax year for zip code 07417, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $323,065 (Individual Income Tax Returns)
Here:

$323,065
State:

$79,688

Salary/wage: $208,064 (reported on 74.8% of returns)
Here:

$208,064
State:

$68,122
(% of AGI for various income ranges: 62.6% for AGIs below $25k, 62.0% for AGIs $25k-50k, 66.6% for AGIs $50k-75k, 54.0% for AGIs $75k-100k, 60.6% for AGIs $100k-200k, 46.2% for AGIs over 200k)

Taxable interest for individuals: $9,995 (reported on 65.7% of returns)
This zip code:

$9,995
New Jersey:

$2,193
(% of AGI for various income ranges: 5.8% for AGIs below $25k, 2.8% for AGIs $25k-50k, 2.8% for AGIs $50k-75k, 3.2% for AGIs $75k-100k, 1.8% for AGIs $100k-200k, 2.0% for AGIs over 200k)

Ordinary dividends: $31,799 (reported on 59.3% of returns)
Here:

$31,799
State:

$6,828
(% of AGI for various income ranges: 12.6% for AGIs below $25k, 4.1% for AGIs $25k-50k, 5.7% for AGIs $50k-75k, 6.3% for AGIs $75k-100k, 4.3% for AGIs $100k-200k, 5.9% for AGIs over 200k)

Net capital gain/loss in AGI: +$89,365 (reported on 53.9% of returns)
Here:

+$89,365
State:

+$15,358
(% of AGI for various income ranges: 1.4% for AGIs below $25k, 1.6% for AGIs $25k-50k, 1.3% for AGIs $75k-100k, 1.9% for AGIs $100k-200k, 17.0% for AGIs over 200k)

Profit/loss from business: +$68,191 (reported on 21.0% of returns)
Here:

+$68,191
State:

+$19,577
(% of AGI for various income ranges: 10.7% for AGIs below $25k, 6.6% for AGIs $25k-50k, 5.1% for AGIs $50k-75k, 6.6% for AGIs $75k-100k, 7.0% for AGIs $100k-200k, 4.1% for AGIs over 200k)

Taxable individual retirement arrangement distribution: $42,155 (reported on 16.2% of returns)
07417:

$42,155
New Jersey:

$18,214
(% of AGI for various income ranges: 5.5% for AGIs below $25k, 5.7% for AGIs $25k-50k, 4.9% for AGIs $50k-75k, 6.1% for AGIs $75k-100k, 5.2% for AGIs $100k-200k, 1.6% for AGIs over 200k)

Self-employment retirement plans: $36,088 (reported on 4.8% of returns)
07417:

$36,088
New Jersey:

$24,511

Total itemized deductions: $87,988 (18% of AGI, reported on 63.2% of returns)
Here:

$87,988
State:

$30,827

Here:

17.8% of AGI
State:

21.2% of AGI
(% of AGI for various income ranges: 40.7% for AGIs below $25k, 24.3% for AGIs $25k-50k, 24.8% for AGIs $50k-75k, 29.2% for AGIs $75k-100k, 26.3% for AGIs $100k-200k, 15.7% for AGIs over 200k)

Charity contributions: $12,245 (reported on 56.5% of returns)
Here:

$12,245
State:

$3,451
(% of AGI for various income ranges: 1.1% for AGIs below $25k, 1.3% for AGIs $25k-50k, 2.2% for AGIs $50k-75k, 2.1% for AGIs $75k-100k, 2.3% for AGIs $100k-200k, 2.1% for AGIs over 200k)

Taxes paid: $54,533 (reported on 63.0% of returns)
07417:

$54,533
State:

$15,801
(% of AGI for various income ranges: 16.5% for AGIs below $25k, 10.3% for AGIs $25k-50k, 10.2% for AGIs $50k-75k, 12.6% for AGIs $75k-100k, 12.4% for AGIs $100k-200k, 10.4% for AGIs over 200k)

Earned income credit: $1,419 (reported on 3.1% of returns)
Here:

$1,419
State:

$2,182
(% of AGI for various income ranges: 1.3% for AGIs below $25k, 0.3% for AGIs $25k-50k)

Averages for the 2004 tax year for zip code 07417, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $249,696 (Individual Income Tax Returns)
Here:

$249,696
State:

$64,921

Salary/wage: $185,397 (reported on 72.6% of returns)
Here:

$185,397
State:

$57,755
(% of AGI for various income ranges: 58.1% for AGIs $10k-25k, 70.8% for AGIs $25k-50k, 65.5% for AGIs $50k-75k, 60.7% for AGIs $75k-100k, 52.0% for AGIs over 100k)

Taxable interest for individuals: $7,716 (reported on 77.1% of returns)
This zip code:

$7,716
New Jersey:

$2,068
(% of AGI for various income ranges: 8.7% for AGIs $10k-25k, 4.7% for AGIs $25k-50k, 5.1% for AGIs $50k-75k, 3.3% for AGIs $75k-100k, 2.1% for AGIs over 100k)

Taxable dividends: $12,848 (reported on 66.6% of returns)
Here:

$12,848
State:

$3,959
(% of AGI for various income ranges: 8.4% for AGIs $10k-25k, 4.6% for AGIs $25k-50k, 5.0% for AGIs $50k-75k, 4.3% for AGIs $75k-100k, 3.2% for AGIs over 100k)

Net capital gain/loss: +$79,904 (reported on 61.5% of returns)
Here:

+$79,904
State:

+$13,591
(% of AGI for various income ranges: 1.6% for AGIs $10k-25k, 1.7% for AGIs $25k-50k, 1.6% for AGIs $50k-75k, 1.9% for AGIs $75k-100k, 20.7% for AGIs over 100k)

Profit/loss from business: +$53,812 (reported on 18.5% of returns)
Here:

+$53,812
State:

+$17,520
(% of AGI for various income ranges: 6.2% for AGIs $10k-25k, 5.6% for AGIs $25k-50k, 5.2% for AGIs $50k-75k, 6.4% for AGIs $75k-100k, 3.8% for AGIs over 100k)

IRA payment deduction: $4,359 (reported on 5.2% of returns)
07417:

$4,359
New Jersey:

$3,270
(% of AGI for various income ranges: 0.9% for AGIs $10k-25k, 0.6% for AGIs $25k-50k, 0.6% for AGIs $50k-75k, 0.3% for AGIs $75k-100k, 0.1% for AGIs over 100k)

Self-employed pension: $30,146 (reported on 4.9% of returns)
Here:

$30,146
New Jersey:

$17,258

Total itemized deductions: $59,886 (15% of AGI, reported on 60.4% of returns)
Here:

$59,886
State:

$23,924

Here:

14.7% of AGI
State:

21.1% of AGI
(% of AGI for various income ranges: 30.8% for AGIs $10k-25k, 26.0% for AGIs $25k-50k, 27.5% for AGIs $50k-75k, 30.0% for AGIs $75k-100k, 13.2% for AGIs over 100k)

Charity contributions deductions: $9,488 (2% of AGI, reported on 57.1% of returns)
Here:

$9,488
State:

$3,242

Here:

2.2% of AGI
State:

2.7% of AGI
(% of AGI for various income ranges: 2.2% for AGIs $10k-25k, 2.2% for AGIs $25k-50k, 2.5% for AGIs $50k-75k, 2.7% for AGIs $75k-100k, 2.1% for AGIs over 100k)

Total tax: $71,262 (reported on 80.9% of returns)
07417:

$71,262
State:

$12,321
(% of AGI for various income ranges: 5.1% for AGIs $10k-25k, 8.2% for AGIs $25k-50k, 9.6% for AGIs $50k-75k, 10.1% for AGIs $75k-100k, 23.8% for AGIs over 100k)

Earned income credit: $1,047 (reported on 2.0% of returns)
Here:

$1,047
State:

$1,711

Percentage of individuals using paid preparers for their 2004 taxes: 78.4%
Here:

78%
State:

65%
(% for various income ranges: 76.4% for AGIs below $10k, 72.9% for AGIs $10k-25k, 69.1% for AGIs $25k-50k, 73.6% for AGIs $50k-75k, 80.1% for AGIs $75k-100k, 84.0% for AGIs over 100k)

Estimated median household income in 2013:
This zip code:

$149,671
New Jersey:

$70,165
Franklin Lakes, NJ (07417) map Nearest zip codes: 07481, 07436, 07508, 07432, 07506, 07470.
Percentage of family households:
This zip code:

60.6%
New Jersey:

52.3%
Percentage of households with unmarried partners:
This zip code:

1.4%
New Jersey:

5.5%
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 0
Household did not receive Food Stamps/SNAP in the past 12 months: 3,591


Women who had a birth in the past 12 months: 90 (90 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 2,126 (1,246 now married, 880 unmarried)


Housing units in zip code 07417 with a mortgage: 2,162 (54 second mortgage, 583 home equity loan, 11 both second mortgage and home equity loan)
Houses without a mortgage: 1,092

Median monthly owner costs for units with a mortgage: $4,001
Median monthly owner costs for units without a mortgage: over $1,000

Residents with income below the poverty level in 2013:
This zip code:

2.5%
Whole state:

11.4%
Residents with income below 50% of the poverty level in 2013:
This zip code:

0.5%
Whole state:

6.4%
Median number of rooms in houses and condos:
Here:

9.0
State:

6.8
Median number of rooms in apartments:
Here:

4.7
State:

4.1
  • Notable locations in this zip code not listed on our city pages

  • Click to draw/clear zip code borders
  • Notable locations in zip code 07417: High Mountain Golf Course (A), Franklin Lakes Ambulance Corps (B), Franklin Lakes Borough Fire Department Headquarters (C), Franklin Lakes Borough Fire Department Southside Station (D). Display/hide their locations on the map

    Cemetery: Van Houten Cemetery (1). Display/hide its location on the map

    Lakes, reservoirs, and swamps: Lower Blauvelt Lake (A), Clark Pond (B), Valentine Pond (C), Conrad Pond (D), Lawlin Pond (E), Franklin Lake (F), Parsons Pond (G), Vitale Pond (H). Display/hide their locations on the map

Year house built

  • 402010 or later
  • 5822000 to 2009
  • 2811990 to 1999
  • 5061980 to 1989
  • 6031970 to 1979
  • 9151960 to 1969
  • 3051950 to 1959
  • 1811940 to 1949
  • 3251939 or earlier

Zip code 07417 satellite photo by USGS

Owner-occupied Renter-occupied

Bedrooms in owner-occupied houses and condos in Franklin Lakes, NJ (07417)

  • 0no bedroom
  • 01 bedroom
  • 1012 bedrooms
  • 7133 bedrooms
  • 1,3914 bedrooms
  • 1,0495+ bedrooms

Bedrooms in renter-occupied apartments in Franklin Lakes, NJ (07417)

  • 0no bedroom
  • 1381 bedroom
  • 1112 bedrooms
  • 343 bedrooms
  • 264 bedrooms
  • 285+ bedrooms
Owner-occupied Renter-occupied

Cars and other vehicles available in Franklin Lakes, NJ (07417) in owner-occupied houses/condos

  • 37no vehicle
  • 3051 vehicle
  • 1,3412 vehicles
  • 1,0903 vehicles
  • 3654 vehicles
  • 1165+ vehicles

Cars and other vehicles available in Franklin Lakes, NJ (07417) in renter-occupied apartments

  • 34no vehicle
  • 1511 vehicle
  • 1122 vehicles
  • 403 vehicles
  • 04 vehicles
  • 05+ vehicles

Median gross rent in 2013: $2,001.


Median price asked for vacant for-sale houses and condos in 2013: $748,359.

Estimated median house (or condo) value in 2013 for:


Estimated median house or condo value in 2013: $954,700
07417:

$954,700
New Jersey:

$307,700
Lower value quartile - upper value quartile: $664,200 - $1,000,001

Mean price in 2013:

Detached houses: $558,035
Townhouses or other attached units: $493,772
In 2-unit structures: $433,033
In 3-to-4-unit structures: $378,297
In 5-or-more-unit structures: $306,077
Mobile homes: $212,030

Owners and renters by unit type in %

Breakdown of mean house values by ages of householders

Housing units in structures:


Unemployment: 6.9%

Percentage of zip code residents living and working in this county: 54.5%

Household type by relationship:

Households: 10,650

Size of family households: 1,342 2-persons, 527 3-persons, 620 4-persons, 456 5-persons, 132 6-persons, 8 7-or-more-persons

Size of nonfamily households: 455 1-person, 28 2-persons, 23 3-persons

2,520 married couples with children.
288 single-parent households (13 men, 275 women).

79.8% of residents of 07417 zip code speak English at home.
4.4% of residents speak Spanish at home (85% very well, 11% well, 4% not well).
7.3% of residents speak other Indo-European language at home (69% very well, 22% well, 8% not well).
5.0% of residents speak Asian or Pacific Island language at home (55% very well, 33% well, 12% not well).
3.5% of residents speak other language at home (85% very well, 15% well).

Foreign born population: 1,889 (17.7%)
(77.4% of them are naturalized citizens)
This zip code:

17.7%
Whole state:

21.6%

Most common places of birth for the foreign-born residents

  • 11%United Kingdom, excluding England and Scotland
  • 8%Korea
  • 8%Iran
  • 6%China, excluding Hong Kong and Taiwan
  • 6%India
  • 4%Colombia
  • 4%Egypt

Most common first ancestries reported in 07417 (%)

  • 20%Italian
  • 16%Other groups
  • 10%Irish
  • 9%German
  • 5%American
  • 5%English
  • 4%Polish

Year of entry for the foreign-born population

  • 192010 or later
  • 2952000 to 2009
  • 3701990 to 1999
  • 1,259Before 1990

Zip code 07417 topographic map

Major facilities with environmental interests located in this zip code:


Zip code 07417 marital status for males
Zip code 07417 marital status for females

Housing units lacking complete plumbing facilities: 0.6%
Housing units lacking complete kitchen facilities: 1.3%

Most commonly used house heating fuel

  • 91%Utility gas
  • 5%Fuel oil, kerosene, etc.
  • 3%Electricity

Population in 1990: 9,873. Population change in the 1990s: +549 (+5.6%).

Place of birth for U.S.-born residents:


65% of the 07417 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 63% lived in this county.
   Out of people who lived in different counties, 50% lived in New Jersey.

94% of the 07417 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 31% moved from this county.
   Out of people who lived in different houses, 41% moved from different county within same state.
   Out of people who lived in different houses, 26% moved from different state.
   Out of people who lived in different houses, 2% moved from abroad.

Year Householders Moved Into Unit

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 145
Here:

11.0%
New Jersey:

10.0%
Students in private schools in grades 9 to 12 (high school): 335
Here:

31.1%
New Jersey:

11.0%
Students in private undergraduate colleges: 237
Here:

50.9%
New Jersey:

24.8%

Educational Attainment (%)

School Enrollment by Level of School (%)

Class of Workers (%)

Occupation by median earnings in the past 12 months ($)

  • 250,001Legal occupations
  • 208,206Health diagnosing and treating practitioners and other technical occupations
  • 124,557Management occupations
  • 123,250Architecture and engineering occupations
  • 103,427Computer and mathematical occupations
  • 93,480Sales and related occupations

Companies with federal contracts located in this zip code (FRANKLIN LAKES, NJ):

Top industries in this zip code by the number of employees in 2005:


Age and Sex of Sensory-Disabled Residents (Noninstitutionalized)

Age and Sex of Physically-Disabled Residents (Noninstitutionalized)

Age and Sex of Mentally-Disabled Residents (Noninstitutionalized)

Age and Sex of Self-Care Disabled Residents (Noninstitutionalized)

Age and Sex of Go-Outside-Home Disabled Residents (Noninstitutionalized)

Age and Sex of Residents with Employment Disability (Noninstitutionalized)

People in group quarters in 2010:

  • 3 people in other noninstitutional facilities

People in group quarters in 2000:

  • 8 people in religious group quarters

Fatal accident statistics in 2011:

  • Fatal accident count: 1
  • Vehicles involved in fatal accidents: 1
  • Fatal accidents caused by drunken drivers: 0
  • Fatalities: 1
  • Persons involved in fatal accidents: 3
  • Pedestrians involved in fatal accidents: 0

Fatal accident statistics in 2010:

  • Fatal accident count: 1
  • Vehicles involved in fatal accidents: 2
  • Fatal accidents caused by drunken drivers: 0
  • Fatalities: 1
  • Persons involved in fatal accidents: 2
  • Pedestrians involved in fatal accidents: 0
Home Mortgage Disclosure Act Aggregated Statistics For Year 2009
(Based on 4 full tracts)
A) FHA, FSA/RHS & VA
Home Purchase Loans
B) Conventional
Home Purchase Loans
C) Refinancings
D) Home Improvement Loans
F) Non-occupant Loans on
< 5 Family Dwellings (A B C & D)
NumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage ValueNumberAverage Value
LOANS ORIGINATED6$550,733154$709,310628$527,65738$363,71914$380,715
APPLICATIONS APPROVED, NOT ACCEPTED2$349,35036$622,49642$524,0734$75,7204$396,825
APPLICATIONS DENIED4$522,53322$756,846179$781,13216$305,3058$184,885
APPLICATIONS WITHDRAWN2$437,25544$731,720104$512,4884$420,6330$0
FILES CLOSED FOR INCOMPLETENESS0$08$326,60838$615,7182$99,8300$0

Detailed HMDA statistics for the following Tracts: 0201.00 , 0202.00

Private Mortgage Insurance Companies Aggregated Statistics For Year 2009
(Based on 2 full tracts)
A) Conventional
Home Purchase Loans
NumberAverage Value
LOANS ORIGINATED4$355,820
APPLICATIONS APPROVED, NOT ACCEPTED0$0
APPLICATIONS DENIED0$0
APPLICATIONS WITHDRAWN2$586,230
FILES CLOSED FOR INCOMPLETENESS0$0

Detailed PMIC statistics for the following Tracts: 0201.00 , 0202.00

Conventional Home Purchase Loans

Conventional Home Purchase Loans - Value

Most common first names in zip code 07417 among deceased individuals
NameCountLived (average)
John7176.9 years
Mary4279.6 years
William4074.0 years
Joseph3976.1 years
George3475.3 years
Robert3272.2 years
Helen2984.2 years
Margaret2985.0 years
Charles2379.6 years
Edward2276.5 years
Most common last names in zip code 07417 among deceased individuals
Last nameCountLived (average)
Smith1178.7 years
Carlough780.2 years
Mcbride786.4 years
Moore781.0 years
Johnson675.4 years
Baker669.6 years
Fischer571.8 years
Conti465.3 years
Jost468.0 years
Cleary492.0 years
Businesses in zip code 07417
NameCountNameCount
AT&T1Starbucks1
Baskin-Robbins1Stop & Shop1
Dunkin Donuts1True Value1
FedEx3U-Haul1
GameStop1UPS4

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