Home / Select Cities  /  2024 Comparing Florham Park, NJ vs. Franklin Lakes, NJ

2024 Compare Cities Economy:
Florham Park, NJ vs Franklin Lakes, NJ

Change Cities
Highlights
- Household income in Franklin Lakes, is 40% more than it is in Florham Park and is 63% above the National Average.
- Florham Park unemployment rate is 6.2%.
- Franklin Lakes unemployment rate is 7.4%.

Economy
 Florham Park, NJFranklin Lakes, NJUnited States
 Unemployment Rate6.2%7.4%6.0%
 Recent Job Growth-0.7%-0.5%1.6%
 Future Job Growth23.5%25.3%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$59,449$96,187$37,638
 Household Income$134,018$188,272$69,021
 Family Median Income$175,341$220,066$85,028
 space
 Est. Households By Income
 Florham Park, NJFranklin Lakes, NJUnited States
 Income Less Than 15K6.1%3.1%9.4%
 Income between 15K and 20K1.8%0.1%3.8%
 Income between 20K and 30K2.8%1.4%8.1%
 Income between 30K and 40K2.7%5.4%8.0%
 Income between 40K and 50K7.7%2.7%7.6%
 Income between 50K and 60K3.1%3.2%7.2%
 Income between 60K and 75K7.6%3.7%9.6%
 Income between 75K and 100K4.6%6.0%12.8%
 Income between 100K and 150K19.2%13.5%16.3%
 Income between 150K and 200K14.5%13.7%7.8%
 Income greater than 200K30.0%47.3%9.5%
 space1
 Population By Occupation
 Florham Park, NJFranklin Lakes, NJUnited States
 Management, business, finance29.9%30.1%16.4%
 Engineering, computers, science9.5%8.0%6.5%
 Community, social services0.2%3.3%1.8%
 Legal6.4%3.0%1.2%
 Education, library12.1%7.8%6.2%
 Arts, design, media, sports, entertainment3.3%2.4%2.0%
 Healthcare practitioners and technology5.5%10.5%6.2%
 Healthcare support0.0%1.2%3.3%
 Firefighters, law enforcement0.3%0.1%2.1%
 Food preparation, serving2.3%1.6%5.4%
 Building maintenance1.4%0.3%3.6%
 Personal care3.0%2.2%2.6%
 Sales, office, administrative support17.7%24.0%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.5%4.6%8.1%
 Production, transportation, material moving4.8%1.0%13.1%

View More Data >

Reviews for Florham Park    1 Reviews

Over 12 years ago

very safe neighborhood not many newcomers high price of  More

   |    Reply

Start Your Review of Florham Park

Reviews for Franklin Lakes    2 Reviews

Over 14 years ago

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  More

   |    Reply

Over 18 years ago

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

   |    Reply

Start Your Review of Franklin Lakes

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Florham Park, New Jersey Cost of Living vs Franklin Lakes, New Jersey Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN FLORHAM PARK, NEW JERSEY
07932 07961
ZIPS IN FRANKLIN LAKES, NEW JERSEY
07417

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now