Franklin New Jersey Real Estate
Franklin, New Jersey, is located in Sussex County, 20 miles NW of Parsippany, New Jersey and 41 miles NW of New York, New York. Franklin has a population of 5,160.
Franklin Homes
Franklin properties pool is 1,906 residential properties including Franklin new homes. Median age of real estate in Franklin is 1954. Average Household size is 3.22 people. 2% are one bedroom homes, 32% are 2 bedroom homes, 48% are 3 bedroom homes, 14% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Franklin Mortgage Statistics
Franklin mortgages vs. USA median statistics
| Homes |
Franklin |
USA |
| Homes With No Mortgage |
24% |
30% |
| Homes With Mortgage |
76% |
70% |
| First Mortgage Only |
62% |
54% |
| First & Second Mortgage or HELOC |
14% |
16% |
Franklin Area Real Estate Tax
Franklin Real estate Tax: Median Real Estate Taxes (2000) were $3,560 comparing to 1999 Median Family income $ 52,682. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Franklin School District: Children make up 27.5% of Franklin population. Franklin has 1,419 under 18 years old residents, or 0.59 kids per one worker, or 0.74 kids per one household.
Franklin Real Estate & Franklin Homeownership
There are 457.44 or 24% one person households, 590.86 or 31% two person households, and 324.02 or 17% three person households in Franklin, New Jersey. Median residents age is 36.7, Senior citizens (65+) make up 603 or 11.7%% of Franklin population.
There are 2,402 workers (over 16 years of age) in Franklin. Of these, 95.25% drive to work. Approximately 0.5% of workers in Franklin take public transportation. An estimated 1.37% walk to work.
Median Franklin homeowner's housing expences are 25.8%
Crime in Franklin (2003), crimes per 10,000 residents per year
| Type of Crime |
Franklin |
USA, 2003 |
| Violent Crimes |
NaN |
47.5 |
| Robberies |
NaN |
14.2 |
| Aggravated Assaults |
NaN |
29.5 |
| Property Crimes |
NaN |
358.8 |
| Burglaries |
NaN |
74.0 |
| Larceny-Thefts |
NaN |
241.5 |
| Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Franklin Properties
When making a decision about buying real estate in Franklin New Jersey area, you should consider following statistical data:
| Category |
Franklin |
USA |
| Near Medium City |
Parsippany, New Jersey |
- |
| Near Large City |
New York, New York |
- |
| Franklin Zip Codes |
07416 |
- |
| Franklin Area Codes |
973 |
- |
| White population |
95.1% |
75.1% |
| African-American population |
0.62% |
12.3% |
| Asian |
1.47% |
3.6% |
| American Indian & Alaskan |
0.35% |
0.9% |
| Hispanic (of any race) |
4.42% |
12.5% |
| Median Family Income (1999) |
$ 52,682% |
$42,000 |
| Population Below Poverty Level |
6.98% |
12.4% |
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