ZIP Code 07416 — Franklin, NJ

Sussex | 2024 Census Data

Key Takeaway

ZIP code 07416 in Franklin, NJ has a population of 5,851 with a median household income of $93,983 and a median home value of $289,000 . The cost of living index is 108.0 (national average = 100).

Population & Age

Total Population
5,851
Median Age
47.70
Male
3,206
Female
2,645

Race & Ethnicity

White
75.9%
Black
1.3%
Hispanic
18.2%
Asian
0.1%
Native American
0.0%
Pacific Islander
0.0%
Two or More
15.0%
Other
7.8%

Income

Median Household
$93,983
Mean Household
$104,359
Per Capita
$46,539
Below Poverty
6.8%

Housing

Median Home Value
$289,000
Median Rent
$1,381
Total Units
2,778
Occupied
2,591
Owner Occupied
62.4%
Renter Occupied
37.6%
Median Year Built
1959
Vacant
187

Education

High School or Higher 92.2%
Bachelor's or Higher 21.2%
Graduate Degree 6.6%

Employment & Commuting

Labor Force
3,020
Unemployment
6.9%
Drive Alone
77.4%
Public Transit
0.8%
Work from Home
9.5%
Avg Commute
N/A

Cost of Living Index

108.0
National average = 100. Above average by 8.0%.

Nearby ZIP Codes

07460
Stockholm
2.3 mi
07439
Ogdensburg
2.6 mi
07419
Hamburg
3.1 mi
07822
Augusta
3.4 mi
07462
Vernon
6.5 mi
07821
Andover
6.7 mi
07848
Lafayette
7.3 mi
07438
Milton
7.9 mi
07871
Sparta
8.3 mi
07422
Highland lakes
8.6 mi
07461
Sussex
8.8 mi
07435
Newfoundland
9.1 mi

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 07416?

ZIP code 07416 (Franklin, NJ) has a total population of 5,851 according to the 2024 American Community Survey.

What is the median household income in ZIP code 07416?

The median household income in ZIP code 07416 is $93,983 per year, based on 2024 Census Bureau data.

What city is ZIP code 07416 in?

ZIP code 07416 is primarily located in Franklin, New Jersey (NJ).

What is the median home value in ZIP code 07416?

The median home value in ZIP code 07416 is $289,000, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 07416?

The median age in ZIP code 07416 is 47.70 years, compared to the national median of 38.9 years.