Everything You Should Know Before Moving to Franklin, NJ
Considering a move to Franklin, NJ? With a welcoming population of 16,669, Franklin offers affordable living—median home prices sit at $340,000 and average rents at $1,425. The area features low violent crime (98 per 100K), reasonable commute times (31 minutes), and a strong rate of homeownership. Residents enjoy seasonal weather, good local schools, and public green spaces, making Franklin a great choice for families and those seeking a quieter lifestyle with easy access to nearby amenities.
Demographics - Franklin, NJ
Demographics - Franklin, NJ
Franklin, NJ is home to 16,669 residents, with a median age of 44.2, reflecting a mature and stable community. The population is predominantly White, with a growing mix of other backgrounds and 12.5% of residents speaking a language other than English at home. The community enjoys a balanced gender ratio and a comfortable suburban density.
Population:
16,669
Density:
1,520 per sq mi
Median Age:
44.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
12.5%
Ethnic Composition
White:
84.1%
Black:
3.4%
Asian:
3.2%
Others:
9.3%
Cost Of Living
What is the average cost of living in Franklin, NJ?
The cost of living in Franklin is moderately higher than the national average, with a cost of living index of 112.0. Median home values are around $340,000 and typical rents average $1,425, making it a relatively affordable option for Northern New Jersey. Utilities and transportation costs are slightly above average, but overall expenses remain manageable for most families.
Median House Value:
$340,000
Gross Rent:
$1,425
Monthly Electricity Charges:
$130
Auto Insurance:
$1,690
House Owner Cost With Mortgage:
$2,050
House Owner Cost Without Mortgage:
$585
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
112.0
Grocery:
108.0
Housing:
115.5
Utilities:
109.2
Transportation:
117.0
Health Care:
107.5
Miscellaneous:
102.8
Crime
Is Franklin, NJ a safe place to live?
Franklin boasts a low violent crime rate of 98 per 100,000, offering residents a safe environment with a 1 in 1,020 chance of being affected by violent crime. Property crimes are more common but still below national averages, contributing to a secure and family-friendly atmosphere. The overall crime index supports its reputation as a peaceful suburban community.
Violent Crimes Per 100k:
98
Property Crimes Per 100k:
1,050
Crime Index:
1,148
Chance Of Violent Crime:
1 in 1,020
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in Franklin, NJ year-round?
Franklin experiences four distinct seasons, with mild summers averaging highs of 84°F and cold winters with lows around 23°F. The area enjoys about 52% sunny days annually and receives roughly 48 inches of rainfall, supporting lush greenery and outdoor activities throughout the year. Residents should be prepared for seasonal weather changes, especially during winter months.
Winter
Min:
23°F
Max:
38°F
Spring
Min:
43°F
Max:
65°F
Summer
Min:
63°F
Max:
84°F
Fall
Min:
46°F
Max:
68°F
Average Rainfall Inches:
48.1 inches
Sunny Days Percentage:
52%
Neighbors
The typical household in Franklin earns a median income of $86,900, with a poverty rate of just 5.4%, reflecting overall economic stability. Most adults have at least a high school education, and the area features a low unemployment rate of 4.7%. Neighboring communities are similarly well-educated and diverse, supporting a friendly and welcoming local culture.
Median Income:
$41,000
Household Income:
$86,900
Family Income:
$98,500
Per Capita Income:
$38,500
Income Male:
$52,800
Income Female:
$46,800
Poverty Rate:
5.4%
Non English Speakers:
18.0%
Rent:
$1,425
Unemployment Rate:
4.7%
Public Transport Usage:
2.9%
Commute Time:
31.1 minutes
Education
High School or Higher:
93.8%
Bachelors or More:
37.6%
Education
How are the schools in Franklin, NJ?
Franklin offers quality educational opportunities, with local public schools like Franklin Borough School providing a favorable student-teacher ratio and a strong academic reputation. Families also have access to private schools and nearby colleges, including Sussex County Community College and Centenary University, supporting both K-12 and higher education needs. The area values educational attainment, with over 93% of adults holding a high school diploma.
Public Schools
Name:
Franklin Borough School
Street:
50 Washington Ave
Phone:
973-827-3777
Students:
430
Student Teacher Ratio:
10.9
Private Schools
Name:
Immaculate Conception Regional School
Street:
75 Church St
Phone:
973-827-3777
Students:
180
Colleges
Name:
Sussex County Community College
City:
Newton
State:
NJ
Distance:
7 miles
Students:
2,500
Name:
Centenary University
City:
Hackettstown
State:
NJ
Distance:
22 miles
Students:
2,200
Healthcare
Residents of Franklin have access to quality healthcare, with major hospitals like Newton Medical Center and Saint Clare's Sussex Campus nearby, both offering emergency services. The area has 2.2 physicians per 1,000 residents, and over 91% of the population is covered by health insurance. Healthcare services are comprehensive and readily available, ensuring peace of mind for families and individuals.
Major Hospitals
Name:
Newton Medical Center
Address:
175 High St, Newton, NJ 07860
Phone:
(973) 383-2121
Type:
General & Surgical
Emergency Services:
Yes
Name:
Saint Clare's Hospital – Sussex Campus
Address:
20 Walnut St, Sussex, NJ 07461
Phone:
(973) 702-2600
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.2
Health Insurance Coverage:
91.6%
Health Care Index:
71.3
Housing Market
What is the housing market like in Franklin, NJ?
Franklin's housing market is characterized by a high homeownership rate of 77.4% and a median home price of $340,000. The area has seen steady home appreciation at 5.1% over the past year, with low foreclosure and vacancy rates. Rental options are available, but most residents choose to own, reflecting the community's stability and long-term appeal.
Median Home Price:
$340,000
Average Rent For 2 Bedroom:
$1,425
Owner Occupied Rate:
77.4%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
5.1%
New Construction Rate:
1.2%
Foreclosure Rate:
0.7%
DMV Information
Vehicle registration, driver's licenses, and other motor vehicle services in Franklin are managed by the New Jersey Motor Vehicle Commission, conveniently accessible online or at the main office in Trenton. Residents can find up-to-date information and resources at the official state website. The DMV offers comprehensive services for drivers and car owners in the area.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
225 E. State Street, Trenton, NJ 08666
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.