Franklin vs Highland Lakes

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

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

Franklin has the higher population (4,938 vs 3,941 in Highland Lakes). Highland Lakes has the higher median household income ($129,500 vs $90,152 in Franklin). Highland Lakes has the higher median home value ($291,200 vs $253,100 in Franklin).

Population, income & housing

	Franklin	Highland Lakes
Population	4,938	3,941
Median age	51.6 yrs	49.3 yrs
Median household income	$90,152	$129,500
Median home value	$253,100	$291,200
Median gross rent	$1,340	$1,862
Housing units	2,359	1,991
Homeownership rate	57.0%	92.6%
Bachelor's degree or higher	19.5%	50.7%
Unemployment rate	7.1%	6.2%

Trends (ACS 5-year, 2019–2023)

	Franklin	Highland Lakes
Population	4,778 → 4,938 (+3.3%)	5,098 → 3,941 (-22.7%)
Median household income	$65,329 → $90,152 (+38.0%)	$101,171 → $129,500 (+28.0%)
Median home value	$187,600 → $253,100 (+34.9%)	$227,300 → $291,200 (+28.1%)
Median gross rent	$1,064 → $1,340 (+25.9%)	$1,500 → $1,862 (+24.1%)

Franklin

Population

4,7784,938

Median household income

$65,329$90,152

Median home value

$187,600$253,100

Median gross rent

$1,064$1,340

Highland Lakes

Population

5,0983,941

Median household income

$101,171$129,500

Median home value

$227,300$291,200

Median gross rent

$1,500$1,862

Age & race/ethnicity

Age distribution (share)

	Franklin	Highland Lakes
Under 5	4.7%	3.4%
5 to 17	11.6%	12.6%
18 to 24	7.1%	6.1%
25 to 34	12.9%	10.6%
35 to 44	5.6%	14.2%
45 to 54	12.5%	12.8%
55 to 64	20.0%	20.3%
65 to 74	15.9%	15.2%
75 and over	9.5%	4.7%

Race & ethnicity (share)

	Franklin	Highland Lakes
White (non-Hispanic)	75.8%	88.9%
Black or African American	0.8%	0.1%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.2%	0.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	1.0%	0.3%
Two or more races	3.1%	3.1%
Hispanic or Latino	19.2%	7.3%

Educational attainment (age 25+)

Share of adults 25+

	Franklin	Highland Lakes
No high school diploma	8.2%	1.4%
High school graduate	41.7%	25.2%
Some college or associate's	30.6%	22.6%
Bachelor's degree	13.4%	35.8%
Graduate or professional degree	6.1%	15.0%

Commute to work

How workers get to work (share)

	Franklin	Highland Lakes
Drove alone	81.9%	64.8%
Carpooled	11.3%	8.2%
Public transit	0.6%	2.1%
Walked	1.2%	0.9%
Bicycle	0.0%	0.0%
Worked from home	4.0%	24.1%
Other means	0.9%	0.0%

Housing

Units in structure (share)

	Franklin	Highland Lakes
1-unit, detached	50.7%	92.6%
1-unit, attached	8.0%	0.5%
2 to 4 units	14.8%	2.5%
5 to 19 units	15.9%	2.2%
20 or more units	5.7%	0.0%
Mobile home & other	5.0%	2.2%

Poverty & households

	Franklin	Highland Lakes
Poverty rate	8.0%	3.0%
Average household size	2.18	2.36
Mean commute (minutes)	35	44
Median year structure built	1958	1962