Franklin Lakes vs Ridgefield

A side-by-side comparison of Franklin Lakes and Ridgefield: population, income, housing, and more.

Franklin Lakes and Ridgefield are places in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Ridgefield has the higher population (11,439 vs 11,011 in Franklin Lakes). Franklin Lakes has the higher median household income ($230,987 vs $115,676 in Ridgefield). Franklin Lakes has the higher median home value ($1,217,500 vs $609,700 in Ridgefield).

Population, income & housing

	Franklin Lakes	Ridgefield
Population	11,011	11,439
Median age	46.9 yrs	40.3 yrs
Median household income	$230,987	$115,676
Median home value	$1,217,500	$609,700
Median gross rent	$3,334	$1,935
Housing units	3,879	4,192
Homeownership rate	88.3%	46.8%
Bachelor's degree or higher	78.9%	47.2%
Unemployment rate	2.3%	5.5%

Trends (ACS 5-year, 2019–2023)

	Franklin Lakes	Ridgefield
Population	10,946 → 11,011 (+0.6%)	11,227 → 11,439 (+1.9%)
Median household income	$172,766 → $230,987 (+33.7%)	$71,699 → $115,676 (+61.3%)
Median home value	$945,900 → $1,217,500 (+28.7%)	$442,500 → $609,700 (+37.8%)
Median gross rent	$2,642 → $3,334 (+26.2%)	$1,584 → $1,935 (+22.2%)

Franklin Lakes

Population

10,94611,011

Median household income

$172,766$230,987

Median home value

$945,900$1,217,500

Median gross rent

$2,642$3,334

Ridgefield

Population

11,22711,439

Median household income

$71,699$115,676

Median home value

$442,500$609,700

Median gross rent

$1,584$1,935

Age & race/ethnicity

Age distribution (share)

	Franklin Lakes	Ridgefield
Under 5	2.6%	3.7%
5 to 17	22.9%	14.0%
18 to 24	6.2%	8.9%
25 to 34	6.1%	13.7%
35 to 44	9.3%	15.4%
45 to 54	15.5%	12.4%
55 to 64	15.8%	16.2%
65 to 74	11.5%	10.6%
75 and over	10.2%	5.1%

Race & ethnicity (share)

	Franklin Lakes	Ridgefield
White (non-Hispanic)	74.2%	32.5%
Black or African American	5.1%	1.3%
American Indian & Alaska Native	0.0%	0.0%
Asian	11.7%	26.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.4%	3.9%
Two or more races	1.3%	0.9%
Hispanic or Latino	7.3%	35.2%

Educational attainment (age 25+)

Share of adults 25+

	Franklin Lakes	Ridgefield
No high school diploma	1.6%	6.5%
High school graduate	9.3%	22.8%
Some college or associate's	10.3%	23.4%
Bachelor's degree	42.7%	32.0%
Graduate or professional degree	36.2%	15.2%

Commute to work

How workers get to work (share)

	Franklin Lakes	Ridgefield
Drove alone	55.8%	63.9%
Carpooled	4.7%	13.0%
Public transit	6.3%	11.2%
Walked	1.2%	0.4%
Bicycle	0.0%	0.0%
Worked from home	29.2%	9.2%
Other means	2.8%	2.4%

Housing

Units in structure (share)

	Franklin Lakes	Ridgefield
1-unit, detached	89.1%	39.8%
1-unit, attached	3.0%	10.9%
2 to 4 units	1.6%	37.5%
5 to 19 units	0.6%	4.9%
20 or more units	5.2%	6.8%
Mobile home & other	0.5%	0.1%

Poverty & households

	Franklin Lakes	Ridgefield
Poverty rate	3.2%	5.1%
Average household size	2.92	2.80
Mean commute (minutes)	37	30
Median year structure built	1981	1957