The median household income in Franklin, NJ in 2022 was $89,564, which was 7.6% less than the median annual income of $96,346 across the entire state of New Jersey. Compared to the median income of $44,985 in 2000 this represents an increase of 49.8%. The per capita income in 2022 was $42,450, which means an increase of 54.3% compared to 2000 when it was $19,386.
Whole page based on the data from 2000 / 2022 when the population of Franklin, New Jersey was 5,160 / 4,976
Income statistics for all residents
Median household income in Franklin, NJ in 2022:
Franklin:
$89,565
New Jersey:
$96,346
Change in median household income between 2000 and 2022:
Franklin, New Jersey:
+99.1%
State:
+74.7%
Number of households with income < $10k:
Franklin:
5.6% (124)
State:
4.4% (155,271)
Number of households with income $10k - 20k:
Franklin:
6.4% (141)
New Jersey:
5.4% (189,888)
Number of households with income $20k - 30k:
Franklin:
4.2% (93)
New Jersey:
5.2% (183,402)
Number of households with income $30k - 40k:
Franklin:
4.3% (96)
State:
5.9% (206,969)
Number of households with income $40k - 50k:
Franklin:
7.4% (164)
State:
5.2% (184,153)
Number of households with income $50k - 60k:
Franklin:
6.1% (135)
State:
5.6% (197,270)
Number of households with income $60k - 75k:
Franklin:
8.0% (177)
New Jersey:
8.1% (284,245)
Number of households with income $75k - 100k:
Franklin:
28.1% (624)
State:
11.6% (408,272)
Number of households with income $100k - 125k:
Franklin:
9.5% (210)
State:
10.1% (354,738)
Number of households with income $125k - 150k:
Franklin:
6.7% (148)
State:
8.0% (281,341)
Number of households with income $150k - 200k:
Franklin:
8.9% (198)
New Jersey:
11.5% (404,977)
Number of households with income > $200k:
Franklin:
4.9% (108)
New Jersey:
18.9% (666,452)
Aggregate household income in Franklin in 2022: $205,999,446
Median family income in Franklin in 2022:
Franklin:
$91,776
State:
$117,988
Number of families with income < $10k:
Franklin:
2.1% (26)
New Jersey:
2.2% (53,316)
Number of families with income $10k - 20k:
Franklin:
0.8% (10)
State:
3.2% (74,986)
Number of families with income $20k - 30k:
Franklin:
0.5% (7)
New Jersey:
3.5% (82,889)
Number of families with income $30k - 40k:
Franklin:
3.8% (47)
State:
4.6% (109,787)
Number of families with income $40k - 50k:
Franklin:
12.8% (156)
State:
4.5% (107,202)
Number of families with income $50k - 60k:
Franklin:
4.2% (51)
New Jersey:
4.8% (114,765)
Number of families with income $60k - 75k:
Franklin:
14.1% (172)
State:
7.5% (179,372)
Number of families with income $75k - 100k:
Franklin:
19.8% (242)
New Jersey:
11.5% (274,497)
Number of families with income $100k - 125k:
Franklin:
14.0% (171)
State:
10.9% (260,033)
Number of families with income $125k - 150k:
Franklin:
10.1% (123)
State:
9.0% (214,872)
Number of families with income $150k - 200k:
Franklin:
9.8% (119)
New Jersey:
13.8% (328,605)
Number of families with income > $200k:
Franklin:
7.9% (97)
New Jersey:
24.3% (578,135)
Median non-family income in Franklin in 2022:
Franklin:
$61,949
State:
$54,589
Change in median non-family income between 2000 and 2022:
Franklin, New Jersey:
+130.0%
State:
+74.4%
Median per capita income in Franklin in 2022:
Franklin:
$42,450
State:
$51,272
Change in median per capita income between 2000 and 2022:
Franklin, New Jersey:
+119.0%
State:
+89.9%
Income statistics for White residents
Median household income in Franklin, NJ in 2022:
Franklin:
$87,604
State:
$105,428
Change in median household income between 2000 and 2022:
Franklin, New Jersey:
+95.7%
New Jersey:
+78.2%
Number of households with income < $10k:
Franklin:
5.0% (95)
State:
3.5% (73,676)
Number of households with income $10k - 20k:
Franklin:
6.3% (119)
State:
4.3% (90,086)
Number of households with income $20k - 30k:
Franklin:
6.7% (126)
State:
4.7% (99,511)
Number of households with income $30k - 40k:
Franklin:
4.2% (79)
State:
5.2% (109,051)
Number of households with income $40k - 50k:
Franklin:
7.6% (143)
State:
4.9% (101,931)
Number of households with income $50k - 60k:
Franklin:
6.3% (119)
State:
5.4% (112,379)
Number of households with income $60k - 75k:
Franklin:
7.1% (135)
New Jersey:
7.7% (162,379)
Number of households with income $75k - 100k:
Franklin:
30.5% (577)
New Jersey:
11.6% (242,478)
Number of households with income $100k - 125k:
Franklin:
7.5% (142)
State:
10.4% (218,622)
Number of households with income $125k - 150k:
Franklin:
6.4% (122)
State:
8.5% (177,925)
Number of households with income $150k - 200k:
Franklin:
7.0% (132)
State:
12.5% (262,429)
Number of households with income > $200k:
Franklin:
5.5% (105)
New Jersey:
21.3% (446,393)
Aggregate household income in Franklin in 2022: $173,171,205
Median family income in Franklin in 2022:
Franklin:
$93,975
State:
$133,117
Number of families with income < $10k:
Franklin:
1.6% (15)
New Jersey:
1.5% (21,094)
Number of families with income $10k - 20k:
Franklin:
0.9% (8)
New Jersey:
1.9% (26,388)
Number of families with income $20k - 30k:
Franklin:
0.6% (6)
State:
2.4% (33,161)
Number of families with income $30k - 40k:
Franklin:
3.7% (35)
State:
3.2% (43,969)
Number of families with income $40k - 50k:
Franklin:
11.9% (114)
State:
3.5% (48,685)
Number of families with income $50k - 60k:
Franklin:
3.3% (32)
State:
4.1% (57,095)
Number of families with income $60k - 75k:
Franklin:
12.4% (119)
New Jersey:
6.7% (92,267)
Number of families with income $75k - 100k:
Franklin:
21.8% (208)
New Jersey:
11.5% (158,630)
Number of families with income $100k - 125k:
Franklin:
12.0% (114)
New Jersey:
11.5% (158,059)
Number of families with income $125k - 150k:
Franklin:
10.4% (99)
State:
9.8% (134,575)
Number of families with income $150k - 200k:
Franklin:
11.2% (107)
State:
15.5% (212,728)
Number of families with income > $200k:
Franklin:
10.2% (97)
State:
28.3% (389,541)
Median non-family income in Franklin in 2022:
Franklin:
$68,933
State:
$58,680
Median per capita income in Franklin in 2022:
Franklin:
$45,415
State:
$61,044
Change in median per capita income between 2000 and 2022:
Franklin, New Jersey:
+130.3%
New Jersey:
+101.8%
Income statistics for Black or African American residents
Number of households with income < $10k:
Franklin:
42.9% (12)
State:
8.9% (38,971)
Number of households with income $10k - 20k:
Franklin:
35.7% (10)
New Jersey:
8.7% (38,456)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
New Jersey:
7.3% (32,276)
Number of households with income $30k - 40k:
Franklin:
0.0% (0)
New Jersey:
7.7% (33,867)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
New Jersey:
7.5% (32,945)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
State:
6.6% (29,115)
Number of households with income $60k - 75k:
Franklin:
0.0% (0)
State:
8.9% (39,013)
Number of households with income $75k - 100k:
Franklin:
0.0% (0)
New Jersey:
11.8% (51,915)
Number of households with income $100k - 125k:
Franklin:
0.0% (0)
New Jersey:
9.1% (40,243)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
State:
6.3% (27,533)
Number of households with income $150k - 200k:
Franklin:
21.4% (6)
State:
8.3% (36,645)
Number of households with income > $200k:
Franklin:
0.0% (0)
State:
8.9% (38,974)
Aggregate household income in Franklin in 2022: $2,555,115
Median per capita income in Franklin in 2022:
Franklin:
$25,533
State:
$35,632
Income statistics for Asian residents
Aggregate household income in Franklin in 2022: $2,646,376
Median per capita income in Franklin in 2022:
Franklin:
$47,654
State:
$62,411
Income statistics for Hispanic or Latino residents
Median household income in Franklin, NJ in 2022:
Franklin:
$100,213
State:
$72,170
Change in median household income between 2000 and 2022:
Franklin, New Jersey:
+68.7%
New Jersey:
+82.2%
Number of households with income < $10k:
Franklin:
5.0% (14)
State:
4.6% (29,004)
Number of households with income $10k - 20k:
Franklin:
0.0% (0)
State:
7.9% (50,233)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
State:
6.7% (42,724)
Number of households with income $30k - 40k:
Franklin:
10.3% (29)
New Jersey:
8.3% (52,621)
Number of households with income $40k - 50k:
Franklin:
5.3% (15)
State:
6.6% (41,539)
Number of households with income $50k - 60k:
Franklin:
5.7% (16)
New Jersey:
6.9% (43,976)
Number of households with income $60k - 75k:
Franklin:
9.3% (26)
State:
10.4% (66,157)
Number of households with income $75k - 100k:
Franklin:
15.7% (44)
New Jersey:
12.7% (80,102)
Number of households with income $100k - 125k:
Franklin:
19.9% (56)
State:
10.1% (63,832)
Number of households with income $125k - 150k:
Franklin:
2.5% (7)
State:
7.6% (47,874)
Number of households with income $150k - 200k:
Franklin:
26.3% (74)
New Jersey:
8.3% (52,287)
Number of households with income > $200k:
Franklin:
0.0% (0)
State:
9.9% (62,842)
Aggregate household income in Franklin in 2022: $31,920,409
Median family income in Franklin in 2022:
Franklin:
$73,211
State:
$77,272
Number of families with income < $10k:
Franklin:
2.1% (5)
New Jersey:
3.1% (14,686)
Number of families with income $30k - 40k:
Franklin:
11.8% (29)
State:
8.3% (38,883)
Number of families with income $40k - 50k:
Franklin:
11.4% (28)
New Jersey:
7.2% (33,778)
Number of families with income $50k - 60k:
Franklin:
6.4% (16)
State:
6.7% (31,451)
Number of families with income $60k - 75k:
Franklin:
24.9% (61)
New Jersey:
11.1% (52,120)
Number of families with income $75k - 100k:
Franklin:
14.5% (36)
State:
13.3% (62,373)
Number of families with income $100k - 125k:
Franklin:
19.2% (47)
State:
10.9% (51,355)
Number of families with income $125k - 150k:
Franklin:
2.6% (6)
New Jersey:
7.5% (35,076)
Number of families with income $150k - 200k:
Franklin:
7.0% (17)
State:
8.7% (40,972)
Median non-family income in Franklin in 2022:
Franklin:
$76,892
State:
$43,028
Change in median non-family income between 2000 and 2022:
Franklin, New Jersey:
+47.6%
State:
+82.5%
Median per capita income in Franklin in 2022:
Franklin:
$32,227
New Jersey:
$30,987
Change in median per capita income between 2000 and 2022:
Franklin, New Jersey:
+137.5%
New Jersey:
+109.3%
Income statistics for Multirace residents
Median household income in Franklin, NJ in 2022:
Franklin:
$104,725
State:
$84,272
Change in median household income between 2000 and 2022:
Franklin, New Jersey:
+89.5%
State:
+101.4%
Number of households with income < $10k:
Franklin:
3.2% (7)
State:
4.4% (15,172)
Number of households with income $10k - 20k:
Franklin:
0.0% (0)
State:
7.1% (24,399)
Number of households with income $20k - 30k:
Franklin:
9.0% (20)
New Jersey:
5.8% (19,827)
Number of households with income $30k - 40k:
Franklin:
0.0% (0)
State:
6.7% (23,047)
Number of households with income $40k - 50k:
Franklin:
9.9% (22)
State:
5.9% (20,379)
Number of households with income $50k - 60k:
Franklin:
0.0% (0)
State:
5.8% (19,984)
Number of households with income $60k - 75k:
Franklin:
0.0% (0)
State:
9.4% (32,244)
Number of households with income $75k - 100k:
Franklin:
24.3% (54)
State:
12.8% (43,746)
Number of households with income $100k - 125k:
Franklin:
5.4% (12)
New Jersey:
10.4% (35,588)
Number of households with income $125k - 150k:
Franklin:
9.5% (21)
State:
7.7% (26,354)
Number of households with income $150k - 200k:
Franklin:
36.9% (82)
State:
9.9% (33,977)
Number of households with income > $200k:
Franklin:
1.8% (4)
New Jersey:
14.1% (48,377)
Aggregate household income in Franklin in 2022: $20,132,901
Median family income in Franklin in 2022:
Franklin:
$51,657
State:
$91,937
Number of families with income < $10k:
Franklin:
2.7% (5)
State:
2.8% (6,736)
Number of families with income $40k - 50k:
Franklin:
20.3% (39)
New Jersey:
6.3% (15,201)
Number of families with income $50k - 60k:
Franklin:
11.6% (22)
State:
5.1% (12,262)
Number of families with income $60k - 75k:
Franklin:
36.3% (70)
State:
10.0% (24,160)
Number of families with income $75k - 100k:
Franklin:
17.6% (34)
State:
12.6% (30,507)
Number of families with income $125k - 150k:
Franklin:
9.9% (19)
State:
7.7% (18,663)
Number of families with income $150k - 200k:
Franklin:
1.6% (3)
New Jersey:
11.4% (27,656)
Median per capita income in Franklin in 2022:
Franklin:
$35,184
State:
$36,016
Income statistics for other residents
Median household income in Franklin, NJ in 2022:
Franklin:
$86,250
New Jersey:
$67,237
Number of households with income < $10k:
Franklin:
0.0% (0)
State:
4.7% (13,969)
Number of households with income $10k - 20k:
Franklin:
0.0% (0)
State:
8.9% (26,341)
Number of households with income $20k - 30k:
Franklin:
0.0% (0)
State:
7.1% (21,158)
Number of households with income $30k - 40k:
Franklin:
16.8% (24)
New Jersey:
9.6% (28,479)
Number of households with income $40k - 50k:
Franklin:
0.0% (0)
State:
6.6% (19,415)
Number of households with income $50k - 60k:
Franklin:
14.7% (21)
State:
7.5% (22,348)
Number of households with income $60k - 75k:
Franklin:
21.0% (30)
New Jersey:
10.5% (31,179)
Number of households with income $75k - 100k:
Franklin:
0.0% (0)
State:
13.3% (39,515)
Number of households with income $100k - 125k:
Franklin:
47.6% (68)
State:
9.4% (27,806)
Number of households with income $125k - 150k:
Franklin:
0.0% (0)
New Jersey:
7.1% (20,898)
Number of households with income $150k - 200k:
Franklin:
0.0% (0)
New Jersey:
7.8% (23,101)
Number of households with income > $200k:
Franklin:
0.0% (0)
State:
7.4% (21,791)
Aggregate household income in Franklin in 2022: $12,227,021
Median family income in Franklin in 2022:
Franklin:
$126,762
State:
$69,615
Number of families with income $30k - 40k:
Franklin:
20.8% (26)
State:
9.8% (22,795)
Number of families with income $40k - 50k:
Franklin:
9.2% (11)
State:
7.0% (16,202)
Number of families with income $60k - 75k:
Franklin:
13.5% (17)
State:
11.1% (25,704)
Number of families with income $100k - 125k:
Franklin:
56.5% (70)
New Jersey:
10.3% (23,792)
Median per capita income in Franklin in 2022:
Franklin:
$22,632
New Jersey:
$27,830
Change in median per capita income between 2000 and 2022:
Franklin, New Jersey:
+50.7%
State:
+117.5%
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