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

2024 Compare Cities Economy:
Princeton, NJ vs Franklin Lakes, NJ

Change Cities
Highlights
- Household income in Franklin Lakes, is 14% more than it is in Princeton and is 63% above the National Average.
- Princeton unemployment rate is 3.6%.
- Franklin Lakes unemployment rate is 7.4%.

Economy
 Princeton, NJFranklin Lakes, NJUnited States
 Unemployment Rate3.6%7.4%6.0%
 Recent Job Growth1.3%-0.5%1.6%
 Future Job Growth43.3%25.3%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$79,217$96,187$37,638
 Household Income$165,149$188,272$69,021
 Family Median Income$239,534$220,066$85,028
 space
 Est. Households By Income
 Princeton, NJFranklin Lakes, NJUnited States
 Income Less Than 15K5.8%3.1%9.4%
 Income between 15K and 20K2.0%0.1%3.8%
 Income between 20K and 30K2.5%1.4%8.1%
 Income between 30K and 40K2.8%5.4%8.0%
 Income between 40K and 50K2.1%2.7%7.6%
 Income between 50K and 60K3.1%3.2%7.2%
 Income between 60K and 75K6.6%3.7%9.6%
 Income between 75K and 100K10.2%6.0%12.8%
 Income between 100K and 150K11.4%13.5%16.3%
 Income between 150K and 200K9.3%13.7%7.8%
 Income greater than 200K44.1%47.3%9.5%
 space1
 Population By Occupation
 Princeton, NJFranklin Lakes, NJUnited States
 Management, business, finance26.9%30.1%16.4%
 Engineering, computers, science16.6%8.0%6.5%
 Community, social services2.2%3.3%1.8%
 Legal2.0%3.0%1.2%
 Education, library20.5%7.8%6.2%
 Arts, design, media, sports, entertainment4.2%2.4%2.0%
 Healthcare practitioners and technology4.4%10.5%6.2%
 Healthcare support1.1%1.2%3.3%
 Firefighters, law enforcement0.4%0.1%2.1%
 Food preparation, serving2.4%1.6%5.4%
 Building maintenance1.3%0.3%3.6%
 Personal care1.3%2.2%2.6%
 Sales, office, administrative support11.8%24.0%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair2.0%4.6%8.1%
 Production, transportation, material moving2.7%1.0%13.1%

View More Data >

Reviews for Princeton    5 Reviews

Many cities have colleges in them, but Princeton's character and quality of life are very deeply influenced by having such an outstanding school contributing to all  More

   |    Reply

Over 15 years ago

police are very quick to respond and resolve crime problems. very safe place to live. when you feel safe, all other issues are  More

   |    Reply

You'll never lose on a real estate investment in Princeton. It has that cache that people always desire. McCarter Theatre, University concerts, fine dining, great  More

   |    Reply

Start Your Review of Princeton

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 Princeton, New Jersey Cost of Living vs Franklin Lakes, New Jersey Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN PRINCETON, NEW JERSEY
08540 08542
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