2025 Compare Cities Economy:
Franklin Lakes, NJ vs Ramsey, NJ

Change Cities
Highlights
- Household income in Ramsey, is 17% less than it is in Franklin Lakes and is 56% above the National Average.
- Franklin Lakes unemployment rate is 7.4%.
- Ramsey unemployment rate is 7.4%.
 Franklin Lakes, NJRamsey, NJUnited States
 Unemployment Rate  Unlock7.4%6.0%
 Recent Job Growth  Unlock-0.5%1.6%
 Future Job Growth25.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$96,187  Unlock$37,638
 Household Income  Unlock$156,473$69,021
 Family Median Income$220,066  Unlock$85,028
 space
 Est. Households By Income
 Franklin Lakes, NJRamsey, NJUnited States
 Income Less Than 15K  Unlock1.2%9.4%
 Income between 15K and 20K0.1%  Unlock3.8%
 Income between 20K and 30K  Unlock3.2%8.1%
 Income between 30K and 40K5.4%  Unlock8.0%
 Income between 40K and 50K  Unlock2.2%7.6%
 Income between 50K and 60K3.2%  Unlock7.2%
 Income between 60K and 75K  Unlock7.5%9.6%
 Income between 75K and 100K6.0%  Unlock12.8%
 Income between 100K and 150K  Unlock16.5%16.3%
 Income between 150K and 200K13.7%  Unlock7.8%
 Income greater than 200K  Unlock37.3%9.5%
 space1
 Population By Occupation
 Franklin Lakes, NJRamsey, NJUnited States
 Management, business, finance30.1%  Unlock16.4%
 Engineering, computers, science  Unlock5.6%6.5%
 Community, social services3.3%  Unlock1.8%
 Legal  Unlock2.4%1.2%
 Education, library7.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.1%2.0%
 Healthcare practitioners and technology10.5%  Unlock6.2%
 Healthcare support  Unlock0.3%3.3%
 Firefighters, law enforcement0.1%  Unlock2.1%
 Food preparation, serving  Unlock2.1%5.4%
 Building maintenance0.3%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support24.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair4.6%  Unlock8.1%
 Production, transportation, material moving  Unlock7.8%13.1%
Reviews for Franklin Lakes    2 Reviews

Over 15 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 19 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

Reviews for Ramsey    4 Reviews

Upside: Ramsey is a great town in Bergen County with so much to offer. Schools are good and there is a pretty, compact shopping district. It is less congested than towns  More

   |    Reply

Over 17 years ago

Ramsey has been a great place to have our children grow up in, very low crime rate, top education & close to everything one might  More

   |    Reply

Live here since 1983; brought up my kids here. Want to leave because the it's just too expensive to maintain a decent lifestyle here. My kids don't want to stay either.  More

   |    Reply

Start Your Review of Ramsey


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.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.