Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Schools
The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Cost Of Living
The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Located in the state of New Jersey, Franklin Lakes is a moderately-sized city with a population of 11,044 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (82% White). Given that fact, Franklin Lakes could be considered less diverse than other cities. An important consideration when living in Franklin Lakes is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 35 minutes, far surpassing the national average of 26 minutes.
Are you trying to ascertain if living in Franklin Lakes is the right fit for your lifestyle? To ensure a good experience before moving to any new city in New Jersey, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Franklin Lakes and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, employment, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.
Using data and statistics Franklin Lakes has received a livability score of 66 out of 100. This score is ranked in the 66th percentile when compared to all other cities. If we check out each of the categories on their own, we see that Franklin Lakes ranks well for crime (A+) and education (A+). Unfortunately for Franklin Lakes, there are some categories for which it does not score well, this includes: amenities (F).
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 18 crimes per 100,000 residents, which signifies that Franklin Lakes boasts an impressively low violent crime rate that falls well below the national average.
Test scores can be a good way to measure a school's academic performance and the proficiency of its students. They can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Franklin Lakes have an average test score of 76%, which is well above the US average.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Franklin Lakes. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Franklin Lakes are affordable. Median real estate prices in Franklin Lakes come in at $1,009,800, which is 219.2% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Franklin Lakes, the home price to income ratio is 5.7, which is 32.6% higher than the New Jersey average.
| Statistic | Franklin Lakes | New Jersey | National |
| Average one way commute | 35min | 31min | 26min |
| Workers who drive to work | 71.3% | 71.7% | 76.4% |
| Workers who carpool | 2.8% | 8.1% | 9.3% |
| Workers who take public transit | 8.4% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.4% | 3.0% | 2.8% |
| Working from home | 15.7% | 4.1% | 4.6% |
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