HomeNew JerseySussex CountyFranklin
Franklin, New Jersey: commercial real estate data.
Franklin is a Census borough of 4,968 people across 4.36 square miles of land, in Sussex County. Median household income is $92,744, 56.2 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $12.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Franklin
What Franklin is
- Census place typeborough
- Land area4.36 sq mi
- Water area0.07 sq mi
- Population per square mile of land1,140
- County holding the largest share of its areaSussex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
How many people live in Franklin
- Population4,968
- Median age48.5
- Population under 18867 plus or minus 201
- Share under 1817.5 percent plus or minus 4.1
- Population 65 and over1,228 plus or minus 306
- Share 65 and over24.7 percent plus or minus 6.2
- Households2,224
- Family households1,215
- Share of households that are families54.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Income and work in Franklin
- Median household income$92,744
- Per capita income$43,657
- Civilian labor force2,629
- Employed2,440
- Unemployed189 plus or minus 74
- Unemployment rate7.2 percent plus or minus 2.7
- Adults 25 and over3,782
- Adults 25 and over with a high school diploma or higher91.6 percent
- Adults 25 and over with a bachelor degree or higher19.7 percent plus or minus 4.0
- Adults 25 and over with a graduate degree6.6 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
Housing in Franklin
- Housing units2,288
- Occupied units2,224
- Vacant units64 plus or minus 75
- Vacancy rate2.8 percent plus or minus 3.3
- Owner occupied1,249
- Renter occupied975 plus or minus 234
- Ownership rate56.2 percent
- Median owner-occupied home value$272,600
- Median gross rent, monthly$1,381
- Annual rent as a share of median income17.9 percent
- Single family units1,246
- Share single family54.5 percent
- Units in buildings of two or more922 plus or minus 322
- Share in buildings of two or more40.3 percent plus or minus 13.7
- Mobile homes120 plus or minus 40
- Median year structure built1955
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
How Franklin gets to work
- Workers 16 and over who commute2,257
- Commuting under 15 minutes426 plus or minus 149
- Share commuting under 15 minutes18.9 percent plus or minus 6.3
- Commuting 30 minutes or more1,399
- Share commuting 30 minutes or more62.0 percent
- Drove alone80.3 percent
- Carpooled9.9 percent plus or minus 4.8
- Public transport0.5 percent plus or minus 0.9
- Walked1.5 percent plus or minus 1.4
- Worked from home6.3 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Franklin
SBA loans in Franklin (7(a))
- Approvals12
- Gross approval$12,349,500
- Average approval$1,029,125
- Median approval$975,000
- Largest approval$2,500,000
- Jobs supported124
- Jobs per approval10.3
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises8.3 percent
- Distinct lenders6
- Distinct industries by NAICS8
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin
SBA loans in Franklin (504)
- Approvals1
- Gross approval$1,638,000
- Average approval$1,638,000
- Median approval$1,638,000
- Largest approval$1,638,000
- Jobs supported35
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Franklin, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Franklin
Flood risk in Franklin
- NFIP communityBorough of Franklin
- NFIP community number340449
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/29/11
The Borough of Franklin participates in the National Flood Insurance Program as community 340449 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Sussex County, not Franklin
Sussex County context, not Franklin figures
- Establishments in Sussex County3,184
- Covered employment, Sussex County38,360
- Average annual pay, Sussex County$58,693
- Housing units permitted, Sussex County158
Every figure in this section is published for Sussex County as a whole and is not a measurement of Franklin.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Franklin questions, answered from the record.
How many people live in Franklin, New Jersey?
4,968, in 2,224 households. Franklin borough covers 4.36 square miles of land, which is 1,140 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Franklin in?
Sussex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Franklin?
$92,744. The median owner-occupied home is valued at $272,600. Median gross rent is $1,381 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Franklin businesses?
12 7(a) approvals totaling $12.3 m since FY2020, across 6 lenders, median approval $975,000, plus 1 504 approvals worth $1.6 m since FY2010. These count approvals to borrowers whose address is in Franklin, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Franklin borrowers get paid back?
No rate is published for Franklin. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Franklin in the National Flood Insurance Program?
Yes. Franklin appears in the FEMA Community Status Book as Franklin, borough of, community 340449, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Franklin figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Sussex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Franklin.
Is zoning published for Franklin?
No. Nothing on this page presents parcel level zoning.