Franklin Lakes vs Westwood

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

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

Westwood has the higher population (11,221 vs 11,011 in Franklin Lakes). Franklin Lakes has the higher median household income ($230,987 vs $169,026 in Westwood). Franklin Lakes has the higher median home value ($1,217,500 vs $587,700 in Westwood).

Population, income & housing

	Franklin Lakes	Westwood
Population	11,011	11,221
Median age	46.9 yrs	41.7 yrs
Median household income	$230,987	$169,026
Median home value	$1,217,500	$587,700
Median gross rent	$3,334	$2,351
Housing units	3,879	4,444
Homeownership rate	88.3%	66.1%
Bachelor's degree or higher	78.9%	55.8%
Unemployment rate	2.3%	2.6%

Trends (ACS 5-year, 2019–2023)

	Franklin Lakes	Westwood
Population	10,946 → 11,011 (+0.6%)	11,115 → 11,221 (+1.0%)
Median household income	$172,766 → $230,987 (+33.7%)	$110,473 → $169,026 (+53.0%)
Median home value	$945,900 → $1,217,500 (+28.7%)	$463,500 → $587,700 (+26.8%)
Median gross rent	$2,642 → $3,334 (+26.2%)	$1,757 → $2,351 (+33.8%)

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

Westwood

Population

11,11511,221

Median household income

$110,473$169,026

Median home value

$463,500$587,700

Median gross rent

$1,757$2,351

Age & race/ethnicity

Age distribution (share)

	Franklin Lakes	Westwood
Under 5	2.6%	3.8%
5 to 17	22.9%	15.6%
18 to 24	6.2%	10.2%
25 to 34	6.1%	7.5%
35 to 44	9.3%	17.7%
45 to 54	15.5%	12.7%
55 to 64	15.8%	12.8%
65 to 74	11.5%	9.8%
75 and over	10.2%	9.8%

Race & ethnicity (share)

	Franklin Lakes	Westwood
White (non-Hispanic)	74.2%	64.2%
Black or African American	5.1%	2.6%
American Indian & Alaska Native	0.0%	0.0%
Asian	11.7%	8.2%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.4%	1.3%
Two or more races	1.3%	4.5%
Hispanic or Latino	7.3%	19.2%

Educational attainment (age 25+)

Share of adults 25+

	Franklin Lakes	Westwood
No high school diploma	1.6%	5.1%
High school graduate	9.3%	14.6%
Some college or associate's	10.3%	24.5%
Bachelor's degree	42.7%	33.8%
Graduate or professional degree	36.2%	22.0%

Commute to work

How workers get to work (share)

	Franklin Lakes	Westwood
Drove alone	55.8%	61.2%
Carpooled	4.7%	8.8%
Public transit	6.3%	4.8%
Walked	1.2%	6.4%
Bicycle	0.0%	0.3%
Worked from home	29.2%	17.6%
Other means	2.8%	0.9%

Housing

Units in structure (share)

	Franklin Lakes	Westwood
1-unit, detached	89.1%	65.8%
1-unit, attached	3.0%	0.4%
2 to 4 units	1.6%	12.6%
5 to 19 units	0.6%	7.6%
20 or more units	5.2%	13.4%
Mobile home & other	0.5%	0.3%

Poverty & households

	Franklin Lakes	Westwood
Poverty rate	3.2%	4.3%
Average household size	2.92	2.66
Mean commute (minutes)	37	29
Median year structure built	1981	1961