Franklin Lakes
-
Economy - 96%
96%
-
Safety - 96%
96%
-
Amenities - 69%
69%
-
Cleanliness - 94%
94%
Summary
Franklin Lakes is a borough located in Bergen County, New Jersey. According to the United States Census Bureau, the borough has a total area of 8.2 square miles and a population of approximately 10,590 as of 2019. The median household income in Franklin Lakes is $196,875, and the median home value is $1,032,800.
The population of Franklin Lakes is diverse in terms of age. The largest age group in the borough is 35-54, making up 30.9% of the population. This is followed by the 45-64 age group, making up 29.5% of the population. The youngest age group, under 18, makes up 20.4% of the population, and the oldest age group, 65 and over, makes up 19.2% of the population.
Franklin Lakes is known for its affluent lifestyle, excellent schools and a strong sense of community. It is also home to several parks and recreational areas, including the Franklin Lakes Nature Preserve, which offers walking trails and natural beauty, as well as the Franklin Lakes Athletic Club which offers swimming, tennis and fitness facilities.
The borough is home to the Franklin Lakes Public Library, which serves as a community hub, providing a wide range of services to residents including books, digital resources, and programs for all ages.
Overall, Franklin Lakes is a diverse community with a strong sense of community and a focus on education and recreation for all ages. With a median household income and home value significantly higher than the national average, it’s a great place to live, work and raise a family, regardless of age. The affluent lifestyle, excellent schools, and access to amenities and recreation make it an attractive option for many families.
User Review
( votes)Pros
- Good schools: The school district of Franklin Lakes is known for its excellent education system, which can provide high-quality education for children and young adults.
- Access to amenities and recreation: Franklin Lakes offers a variety of parks, recreational areas, and sports facilities, including the Franklin Lakes Nature Preserve and the Franklin Lakes Athletic Club, which can provide opportunities for entertainment and leisure activities.
- Affluent lifestyle: Franklin Lakes is known for its affluent lifestyle, which can provide residents with access to high-end shops, restaurants, and amenities.
- Strong sense of community: Franklin Lakes has a strong sense of community, which can provide a sense of belonging and support for residents.
Cons
- High cost of living: The cost of living in Franklin Lakes can be high, with a median home value significantly higher than the national average, which can make it more expensive to live in than other areas.
- Limited job opportunities: Franklin Lakes is a suburban area, which may have limited job opportunities compared to larger urban areas.
- Limited cultural diversity: Franklin Lakes may have limited cultural diversity, which can limit opportunities to experience different cultures and backgrounds.
- Limited nightlife and entertainment options: Franklin Lakes, being a small-town, may not have a lot of nightlife and entertainment options when compared to larger cities.