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Franklin Lakes, New Jersey   Add Favorite    2 Reviews | Review This Place




Find your Best Mortgage in Franklin Lakes: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Arts and culture
-Economic center
-Education

Cons

-Cost of living and housing
-Crowded lifestyle
-Weak future job growth


What Bert Has To Say About New York-Newark-Jersey City Metro Area


New York is the largest metro area in the United States. It includes the island of Manhattan, an eight-county area immediately north, western Long Island, and Staten Island. It is the fourth largest in the world behind Tokyo, Mexico City, and Sao Paulo, Brazil. Regardless of how the area is defined, New York is among the richest and most complex places to live in America.


Bert Suggests test-driving a neighborhood in Franklin Lakes with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Franklin Lakes


    ECONOMY
    The unemployment rate in Franklin Lakes is 4.20 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Franklin Lakes jobs have Increased by 2.01 percent.
    COST OF LIVING
    Compared to the rest of the country, Franklin Lakes's cost of living is 141.50% Higher than the U.S. average.
    POPULATION
    As of 2014, Franklin Lakes's population is 10,899 people. Since 2000, it has had a population growth of 10.39 percent.
    TRANSPORTATION
    Average Commute time is 21 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Franklin Lakes is $964,300. Home appreciation the last 10 years has been 1.31%.
    SCHOOLS
    Franklin Lakes public schools spend $22,765 per student. The average school expenditure in the U.S. is $12,383. There are about 8.4 students per teacher in Franklin Lakes.

Franklin Lakes Ranked & Rated



Franklin Lakes Housing Market


It's a good time to buy in Franklin Lakes. Home Appreciation is up 6.5% in the last 12 months. Browse Franklin Lakes Real Estate.
The median home price in Franklin Lakes is $964,300. Browse Homes in this Range.
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Reviews for Franklin Lakes, New Jersey


Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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Start Your Review of Franklin Lakes, NJ


  2/25/2010
Franklin Lakes

It is a nice place to live near everything, ranches to multi million dollar home area, near all shopping, major transportation, 30 minutes to New... (Read More)

 93

 81

  6/15/2006
Affluent Town

Franklin Lakes is a very affluent town to live in. The schools are excellent. I highly reccomend living... (Read More)

 82

 78

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