Franklin vs Stanhope

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

Franklin and Stanhope 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 3,551 in Stanhope). Stanhope has the higher median household income ($134,583 vs $90,152 in Franklin). Stanhope has the higher median home value ($326,000 vs $253,100 in Franklin).

Population, income & housing

	Franklin	Stanhope
Population	4,938	3,551
Median age	51.6 yrs	40.6 yrs
Median household income	$90,152	$134,583
Median home value	$253,100	$326,000
Median gross rent	$1,340	$1,796
Housing units	2,359	1,359
Homeownership rate	57.0%	84.7%
Bachelor's degree or higher	19.5%	39.1%
Unemployment rate	7.1%	4.1%

Trends (ACS 5-year, 2019–2023)

	Franklin	Stanhope
Population	4,778 → 4,938 (+3.3%)	3,346 → 3,551 (+6.1%)
Median household income	$65,329 → $90,152 (+38.0%)	$95,819 → $134,583 (+40.5%)
Median home value	$187,600 → $253,100 (+34.9%)	$247,400 → $326,000 (+31.8%)
Median gross rent	$1,064 → $1,340 (+25.9%)	$1,657 → $1,796 (+8.4%)

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

Stanhope

Population

3,3463,551

Median household income

$95,819$134,583

Median home value

$247,400$326,000

Median gross rent

$1,657$1,796

Age & race/ethnicity

Age distribution (share)

	Franklin	Stanhope
Under 5	4.7%	7.7%
5 to 17	11.6%	17.2%
18 to 24	7.1%	7.6%
25 to 34	12.9%	11.7%
35 to 44	5.6%	12.4%
45 to 54	12.5%	17.0%
55 to 64	20.0%	13.2%
65 to 74	15.9%	9.0%
75 and over	9.5%	4.2%

Race & ethnicity (share)

	Franklin	Stanhope
White (non-Hispanic)	75.8%	79.9%
Black or African American	0.8%	3.1%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.2%	0.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	1.0%	0.0%
Two or more races	3.1%	4.9%
Hispanic or Latino	19.2%	11.8%

Educational attainment (age 25+)

Share of adults 25+

	Franklin	Stanhope
No high school diploma	8.2%	6.6%
High school graduate	41.7%	25.3%
Some college or associate's	30.6%	29.0%
Bachelor's degree	13.4%	30.6%
Graduate or professional degree	6.1%	8.5%

Commute to work

How workers get to work (share)

	Franklin	Stanhope
Drove alone	81.9%	75.2%
Carpooled	11.3%	7.9%
Public transit	0.6%	1.8%
Walked	1.2%	0.3%
Bicycle	0.0%	0.0%
Worked from home	4.0%	12.9%
Other means	0.9%	1.7%

Housing

Units in structure (share)

	Franklin	Stanhope
1-unit, detached	50.7%	67.5%
1-unit, attached	8.0%	13.2%
2 to 4 units	14.8%	10.7%
5 to 19 units	15.9%	8.6%
20 or more units	5.7%	0.0%
Mobile home & other	5.0%	0.0%

Poverty & households

	Franklin	Stanhope
Poverty rate	8.0%	2.5%
Average household size	2.18	2.68
Mean commute (minutes)	35	36
Median year structure built	1958	1969