07417 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 07417 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateNew Jersey
CityFranklin Lakes
Time ZoneAmerica/New_York
Geo Location41.00857, -74.20831
Population11037
Size24.379 square miles
Median Family Income$220066.00
Median Home Value$1016000.00

Population & Demographics

The following information lists the population statistics and breakdown for the 07417 zip code. The total population is 11037, of which, 5528 are male and 5509 are female. With a total area of 24.379 square miles, the population density is 449 people per square mile. The median age of the population is 48.1 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201110545
201210596
201310655
201410726
201510799
201610810
201710953
201810883
201910946
202011044
202111037

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 2862.6%
Age 5-98107.3%
Age 10-149828.9%
Age 15-199068.2%
Age 20-244384
Age 25-294524.1%
Age 30-342232%
Age 35-393232.9%
Age 40-44706 6.4%
Age 45-497957.2%
Age 50-548337.5%
Age 55-59126211.4%
Age 60-647566.8%
Age 65-696896.2%
Age 70-746355.8%
Age 75-794464%
Age 80-842882.6%
Age 85 and over2071.9%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 22.5 %
  • Speaks Spanish: 4.4 %
  • Speaks Other Indo-European Language: 10.5 %
  • Speaks Pacific Island Languages: 4.2 %
  • Speak Other Languages: 3.3 %
Marital Status: 
  • Currently Married: 67.4 %
  • Divorced: 5.7 %
  • Separated (not divorced): 0.5 %
  • Never Married: 21.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 07417 zip code is $220066. This is 182.51% greater than the national average. This income places 2.3% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $37360. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0061
$10,000.00 – $14,999.0017
$15,000.00 – $24,999.009
$25,000.00 – $34,999.0011
$35,000.00 – $49,999.0091
$50,000.00 – $74,999.00248
$75,000.00 – $99,999.00159
$100,000.00 – $149,999.00388
$150,000.00 – $199,999,00486
$200,000.00 +1763

YearMedian Family Income ($ USD)
2011157278
2012165121
2013161976
2014171900
2015174444
2016179042
2017179837
2018182461
2019208750
2020212308
2021220066

Income Source# of Households
Wage or Salary2895
Self Employment845
Social Security1362
Dividends, Interest, or Rental1791
Retirement993
Other355

Total Insured & Uninsured Individuals: 
  • Families Insure: 10943
  • Families Uninsured: 94
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 993
  • No retirement income: 2854

Education

In the 07417 zip code, 99.4% of individuals over 25 years old have a high school degree or higher, and 75.3% have a bachelors degree or higher. Additionally, 30.2% of individuals 3 years and older are in private school, and 69.8% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 07417 zip, there are an estimated 5358 people in the labor force, of which, 5068 are employed, and 290 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 35 minutes. Of the total people that work, 1089 worked from home and 4899 commuted. The average number of hours worked is 40.6. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts3292
Services275
Sales and Office1216
Construction and Maintenance:234
Transportation and Material Moving51





Housing

The median home value for the 07417 zip code is 1016000. There is an estimated  3847 number of occupied housing units, the median gross rent in is $2861 per month, and the average monthly housing costs are estimated to be $3302. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00020
$50,000 – $99,0006
$100,000 – $149,99920
$150,000 – $199,9990
$200,000 – $299,9995
$300,000 – $499,999151
$500,000 – $999,9991450
$1,000,000+1756

Home Year BuiltNumber of Homes
2020 or Later54
2010 – 2019157
2000 – 2009532
1980 – 1999989
1960 – 19791448
1940 – 1959505
1939 or earlier162

The median number of rooms in all housing units is 9.0+ rooms.
Monthly Rent ($ USD)Number of Units
Less than $50036
$500 – $9990
$1,000 – $1,49910
$1,500 – $1,9999
$2,000 – $2,49921
$2,499 – $2,999147
$3,000 + 141

Monthly Housing Costs ($)Number of Households
Less than 30041
300-49935
500-7999
800-99943
1000-1499406
1500-1999336
2000-2499309
2500-2999487
3000+2106

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%867
20%-24.9%302
25%-29.9%238
30%-34.9%134
35+%660



# of VehiclesHouseholds
None97
1635
21660
3+1455
Home Heating Characteristics: 
  • Utility Gas: 86.4 %
  • Bottle Tank or LP Gas: 0.2 %
  • Electricity: 8.9 %
  • Oil or Kerosene etc: 4.4 %
  • Coal or Coke: 0 %
  • All Other: 0 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.