07417 Zip Code

April 25, 2024

Zip Code:	07417
City/Town:	Franklin Lks
State:	New Jersey

Population:	10,580
Per Capita Income:	$72,146
Mean Household Income:	$218,683

Total Housing Units:	3,524
Median Home Value:	$609,400
Median Year Homes Built:	1970

Land Area:	9.4 sq miles 24.3 sq kilometers
Water Area:	0.5 sq miles 1.2 sq kilometers

Population Information (07417 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

10,580

Male:

5,209

49.2%

Female:

5,371

50.8%

Median Age:

44.9 yrs

37.2 yrs

Under 5 years:

435

4.1%

6.5%

5 to 9 years:

798

8.5%

6.6%

10 to 19 years:

1,883

17.8%

13.8%

20 to 29 years:

720

6.8%

13.8%

30 to 39 years:

682

6.4%

13.0%

40 to 49 years:

1,806

17.1%

14.2%

50 to 59 years:

1,758

16.6%

13.6%

60 to 69 years:

1,339

12.7%

9.4%

70 to 79 years:

775

7.3%

5.4%

80 years and over:

384

3.6%

3.7%

Housing Information (07417 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$609,400

$119,600

Median year homes build:

1970

1971

Median real estate taxes:

$7,801 / yr.

$1,334 / yr.

Median rent:

$1,313 / mo.

$519 / mo.

Total households:

3,524

Family households:

3,010

85.4%

66.4%

Nonfamily households:

514

14.6%

33.6%

Households with individuals under 18 years:

1,462

41.5%

33.4%

Households with individuals 65 years and over:

1,156

32.8%

24.9%

Average household size:

3.0

Average family size:

3.3

Total housing units:

3,689

Occupied housing units:

3,524

95.5%

88.6%

Vacant housing units:

165

4.5%

11.4%

For rent:

0.3%

3.1%

Rented, not occupied:

0.2%

For sale only:

1.4%

Sold, not occupied:

0.7%

0.3%

For seasonal, recreational, or occasional use:

1.0%

3.5%

All other vacants:

1.0%

2.8%

Homeowner vacancy rate:

1.6%

2.4%

Rental vacancy rate:

3.0%

9.2%

Owner-occupied housing units:

3,142

Population in owner-occupied housing units:

9,773

Average household size of owner-occupied units:

3.1

2.65

Renter-occupied housing units:

382

Population in renter-occupied housing units:

804

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (07417 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

6,885

Less than 9th grade:

118

1.7%

6.2%

9th to 12th grade, no diploma:

249

3.6%

8.7%

High school graduate (includes equivalency):

1,409

20.5%

29.0%

Some college, no degree:

1,063

15.4%

20.6%

Associate degree:

401

5.8%

7.5%

Bachelor's degree:

2,166

31.5%

17.6%

Graduate or professional degree:

1,479

21.5%

10.3%

Percent high school graduate or higher:

94.7%

85.0%

Percent bachelor's degree or higher:

52.9%

27.9%

Income Information (07417 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

3,593

34.0%

50.4%

Median income:

$74,063 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,328

22.0%

59.7%

Median income:

$100,001 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,959

28.0%

49.6%

Median income:

$27,228 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,014

9.6%

40.3%

Median income:

$50,833 / yr.

$28,135 / yr.

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