Franklin Lakes, NJ Population

Overview

11,034

Total Population

48.1

Median age

49.93%

Female population %

100.3:100

Gender ratio (M:F)

55-59 years

Largest age group

64.9

Total dependency ratio

White

Largest racial group

1,02

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Franklin Lakes's population is old compared to the rest of the country:

The median age in Franklin Lakes is 48.1, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Franklin Lakes's population under 18 was 24.09%, compared to the 22.51% nationwide.
Franklin Lakes's elderly or the senior population (over 65 age) was 20.53% as compared to 16.04% nationwide.
Of the total population in Franklin Lakes, 18.83% were under the age of 15, 16.28% aged 15 to 29, 44.36% aged 30 to 64, 18.65% aged 65 to 84, and 1.88% were 85 years of age and older.

There are 16 less females than males in Franklin Lakes:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 49.93% females and 50.07% males in Franklin Lakes, NJ.
The Franklin Lakes, NJ gender ratio is 100.3:100 i.e. 100.3 men to 100 women (1.003).
For male population, the largest age group is 55-59 years with a population of 690.
For the female population, the largest age group is 55-59 years with a population of 572.

Franklin Lakes's population has become increasingly diverse:

Racial distribution of Franklin Lakes population: 81.02% are White, 1.62% are Black or African American, 9.42% are Asian, 1.73% are some other race and 6.21% are multiracial.
Franklin Lakes's racial breakdown clearly shows that there is an absolute majority of White population in the borough.
By ethnicity, 1,02 is Hispanic or Latino (of any race), and 10,014 (90.76% of the total population) is Non-Hispanic.
The largest racial group in Franklin Lakes is White with a population of 8,94 (81.02% of the total population).

Franklin Lakes's population has already reached its peak and is showing a trend of decline:

The peak population was 11,679 in the year 2009
From 2000 to 2010, Franklin Lakes's population increased by 139 (1.33%), as compared to the national growth of 9.63%.
From 2010 to 2020, Franklin Lakes's population increased by 446 (4.21%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Franklin Lakes's population was lowest in year 2000 at 10,459.