Zip Code
07417
City
Franklin Lakes, NJ
Population & Migration
What is the forecasted population for Zip code 07417 Franklin Lakes, NJ?
- Population census 2020
- 11,044
- Forecasted population 2025
- 11,434
- 3.5% vs. 2020
- Forecasted population 2030
- 11,543
- 4.5% vs. 2020
Zip code 07417 Franklin Lakes, NJ population is forecasted to decrease 3.5% by 2025 (-1.2 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 11,434 people for 2025 zip code 07417 Franklin Lakes, NJ will generate a good demand for housing, which is expected to have a deficit of 182 houses for 2030. Vacancy rate is 7.3 points below national US average.
- Total homes available 2020
- 4,024
- Estimated total home demand in 2030
- 4,206
- Total homes balance inventory
- 182
Average Household Income in zip code 07417 Franklin Lakes, NJ
from Internal Revenue Service
- Average household income in 2021
- $273,629
Affordability
- Affordability Index
- 4
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 07417 Franklin Lakes, NJ?
County total number of drinking water violations
597
+145%
244
County total number of drinking water contaminations
39
+63%
24
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