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2024 Compare Cities Economy:
Valparaiso, IN vs Franklin Lakes, NJ

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Highlights
- Household income in Franklin Lakes, is 233% more than it is in Valparaiso and is 63% above the National Average.
- Valparaiso unemployment rate is 5.2%.
- Franklin Lakes unemployment rate is 7.4%.

Economy
 Valparaiso, INFranklin Lakes, NJUnited States
 Unemployment Rate5.2%7.4%6.0%
 Recent Job Growth1.2%-0.5%1.6%
 Future Job Growth34.4%25.3%33.5%
 Sales Taxes7.0%6.6%6.2%
 Income Taxes3.7%5.5%4.6%
 Income per Cap.$34,433$96,187$37,638
 Household Income$56,465$188,272$69,021
 Family Median Income$87,633$220,066$85,028
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 Est. Households By Income
 Valparaiso, INFranklin Lakes, NJUnited States
 Income Less Than 15K11.0%3.1%9.4%
 Income between 15K and 20K4.1%0.1%3.8%
 Income between 20K and 30K10.7%1.4%8.1%
 Income between 30K and 40K10.4%5.4%8.0%
 Income between 40K and 50K7.8%2.7%7.6%
 Income between 50K and 60K8.4%3.2%7.2%
 Income between 60K and 75K7.8%3.7%9.6%
 Income between 75K and 100K12.9%6.0%12.8%
 Income between 100K and 150K15.4%13.5%16.3%
 Income between 150K and 200K5.1%13.7%7.8%
 Income greater than 200K6.7%47.3%9.5%
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 Population By Occupation
 Valparaiso, INFranklin Lakes, NJUnited States
 Management, business, finance15.4%30.1%16.4%
 Engineering, computers, science5.7%8.0%6.5%
 Community, social services3.4%3.3%1.8%
 Legal1.5%3.0%1.2%
 Education, library9.8%7.8%6.2%
 Arts, design, media, sports, entertainment1.3%2.4%2.0%
 Healthcare practitioners and technology6.2%10.5%6.2%
 Healthcare support2.9%1.2%3.3%
 Firefighters, law enforcement1.8%0.1%2.1%
 Food preparation, serving7.3%1.6%5.4%
 Building maintenance2.3%0.3%3.6%
 Personal care2.5%2.2%2.6%
 Sales, office, administrative support20.9%24.0%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair7.2%4.6%8.1%
 Production, transportation, material moving11.8%1.0%13.1%

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Reviews for Valparaiso    11 Reviews

Over 9 years ago

I moved to Valparaiso, IN about 1 year ago. I moved here because I was attending the law school located here. At a glance, it appears to be a small town, with many new  More

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Over 10 years ago

My favorite restaurants in Valparaiso are: Panera Bread--The lines sometimes get long, but, the service is decent and the food is great. Red Robin--Bottomless fries  More

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I loved driving anywhere, down any road because of the trees, fields and green, green grass that is all over. Cost of living is outrageous! But lil towns close by make  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 VALPARAISO, INDIANA
No Zip Codes Here.
ZIPS IN FRANKLIN LAKES, NEW JERSEY
07417

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