Franklin (zip 07416), New Jersey 

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Population

5,818

5% Growth

Unemployment Rate

4.5%

Median Income

$68,399

Avg. Home Price

$167,300

Best Places to Live in Franklin (zip 07416), New Jersey

National center - Southeast corner of New York State, at mouth of Hudson River
Pros
-Arts and culture
-Economic center
-Education
Cons
-Cost of living and housing
-Crowded lifestyle
-Weak future job growth

Find your Best Mortgage in Franklin: Fixed Rate, Adjustable Rate, 30 years, 15 years

What Bert Has To Say About New York-Newark-Jersey City Metro Area

New York is the largest metro area in the United States. It includes the island of Manhattan, an eight-county area immediately north, western Long Island, and Staten Island. It is the fourth largest in the world behind Tokyo, Mexico City, and Sao Paulo, Brazil. Regardless of how the area is defined, New York is among the richest and most complex places to live in America.


QUICK FACTS

City: Franklin
Zip Codes: Franklin (zip 07416)
Time zone: Eastern Standard Time (EST)
Elevation: 87 ft above sea level

Highlights

ECONOMY
The unemployment rate in Franklin (zip 07416) is 4.5% (U.S. avg. is 5.2%). Recent job growth is Positive. Franklin (zip 07416) jobs have increased by 1.31%. Learn More...
COST OF LIVING
Compared to the rest of the country, Franklin (zip 07416)'s cost of living is 4.10% higher than the U.S. average. Learn More... or Compare Franklin (zip 07416)'s Cost of Living
POPULATION
Franklin (zip 07416)'s population is 5,818 people. Since 2000, it has had a population growth of 5.15%. Learn More...
TRANSPORTATION
Average Commute time is 31 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Franklin (zip 07416) is $167,300. Home appreciation the last 10 years has been -26.97%. Check out the homes in the area.
SCHOOLS
Franklin (zip 07416) public schools spend $18,069 per student. The average school expenditure in the U.S. is $12,383. There are about 9.9 students per teacher in Franklin (zip 07416). Learn More...

Best Places to Live in Franklin Rankings


Housing Market in Franklin

It's a good time to buy in Franklin. Home Appreciation is up 7.6% in the last 12 months. Browse Franklin Real Estate.

The median home price in Franklin is $167,300. Browse Homes in this Range.


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MAPS OF FRANKLIN (ZIP 07416), NEW JERSEY
Franklin,New Jersey(07416) Zip Code Map
ZIP CODES IN FRANKLIN (ZIP 07416), NEW JERSEY
Franklin (zip 07416)