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2024 Compare Cities Economy:
Boston, MA vs Franklin Lakes, NJ

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Highlights
- Household income in Franklin Lakes, is 130% more than it is in Boston and is 63% above the National Average.
- Boston unemployment rate is 6.2%.
- Franklin Lakes unemployment rate is 7.4%.

Economy
 Boston, MAFranklin Lakes, NJUnited States
 Unemployment Rate6.2%7.4%6.0%
 Recent Job Growth4.3%-0.5%1.6%
 Future Job Growth42.5%25.3%33.5%
 Sales Taxes6.3%6.6%6.2%
 Income Taxes5.1%5.5%4.6%
 Income per Cap.$50,344$96,187$37,638
 Household Income$81,744$188,272$69,021
 Family Median Income$95,750$220,066$85,028
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 Est. Households By Income
 Boston, MAFranklin Lakes, NJUnited States
 Income Less Than 15K14.9%3.1%9.4%
 Income between 15K and 20K3.6%0.1%3.8%
 Income between 20K and 30K6.4%1.4%8.1%
 Income between 30K and 40K5.2%5.4%8.0%
 Income between 40K and 50K5.2%2.7%7.6%
 Income between 50K and 60K4.9%3.2%7.2%
 Income between 60K and 75K7.0%3.7%9.6%
 Income between 75K and 100K10.5%6.0%12.8%
 Income between 100K and 150K16.1%13.5%16.3%
 Income between 150K and 200K9.8%13.7%7.8%
 Income greater than 200K16.4%47.3%9.5%
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 Population By Occupation
 Boston, MAFranklin Lakes, NJUnited States
 Management, business, finance21.4%30.1%16.4%
 Engineering, computers, science10.4%8.0%6.5%
 Community, social services2.3%3.3%1.8%
 Legal2.3%3.0%1.2%
 Education, library7.4%7.8%6.2%
 Arts, design, media, sports, entertainment3.0%2.4%2.0%
 Healthcare practitioners and technology7.0%10.5%6.2%
 Healthcare support3.7%1.2%3.3%
 Firefighters, law enforcement2.0%0.1%2.1%
 Food preparation, serving5.7%1.6%5.4%
 Building maintenance3.9%0.3%3.6%
 Personal care2.8%2.2%2.6%
 Sales, office, administrative support18.1%24.0%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair3.4%4.6%8.1%
 Production, transportation, material moving6.4%1.0%13.1%

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Reviews for Boston    122 Reviews

Over 1 years ago

health care in the country, plenty of jobs, gorgeous architecture, cool neighborhoods, lots of great restaurants, and always something to do. The beautiful coast, the  More

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I've lived in/near Boston my whole life almost. It has many pros such as a big city feel, extremely safe, reliable train transportation, great food. However any pro  More

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I moved to MA from the country of Georgia in eastern Europe. Then traveled quite a bit in the U.S. Boston definitely has its own flavor. Suburbs offer okay schools,  More

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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

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Over 18 years ago

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

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ZIPS IN BOSTON, MASSACHUSETTS
02124, 02128, 02135, 02130, 02127, 02125, 02136, 02131, 02115, 02126, 30 total
ZIPS IN FRANKLIN LAKES, NEW JERSEY
07417

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