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Franklin Lakes Borough School District, NJ (3405370)
  -- DP3 Economic Characteristics

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This section provides a summary of economic characteristics for Franklin Lakes Borough School District, NJ based on the 2009 American Community Survey. See related sections General Demographics, Social Characteristics and Housing Characteristics.

    -- Table/Item --ValuePercent
EMPLOYMENT STATUS
Population 16 years and over 8,729 100.0
    In labor force 5,361 61.4
        Civilian labor force 5,361 61.4
            Employed 5,177 59.3
            Unemployed 184 2.1
        Armed Forces 0 0.0
    Not in labor force 3,368 38.6
 
Civilian labor force 5,361 61.4
    Percent Unemployed 3.4
 
Females 16 years and over 4,581 52.5
    In labor force 2,191 25.1
        Civilian labor force 2,191 25.1
            Employed 2,138 24.5
 
Own children under 6 years 619 7.1
    All parents in family in labor force 304 3.5
 
Own children 6 to 17 years 2,434 27.9
    All parents in family in labor force 871 10.0
 
COMMUTING TO WORK
Workers 16 years and over 5,083 100.0
    Car, truck, or van -- drove alone 3,917 77.1
    Car, truck, or van -- carpooled 451 8.9
    Public transportation (excluding taxicab) 263 5.2
    Walked 50 1.0
    Other means 48 0.9
    Worked at home 354 7.0
 
Mean travel time to work (minutes) 31.3
 
OCCUPATION
Civilian employed population 16 years and over 5,177 100.0
    Management, professional, and related occupations 3,150 60.8
    Service occupations 212 4.1
    Sales and office occupations 1,519 29.3
    Farming, fishing, and forestry occupations 12 0.2
    Construction, extraction, maintenance, and repair occupations 175 3.4
    Production, transportation, and material moving occupations 109 2.1
 
INDUSTRY
Civilian employed population 16 years and over 5,177 100.0
    Agriculture, forestry, fishing and hunting, and mining 0 0.0
    Construction 247 4.8
    Manufacturing 499 9.6
    Wholesale trade 289 5.6
    Retail trade 500 9.7
    Transportation and warehousing, and utilities 51 1.0
    Information 121 2.3
    Finance and insurance, & real estate & rental & leasing 1,038 20.1
    Professional, scientific & mgmt, & admin & waste mgmt services 857 16.6
    Educational services & health care & social assistance 1,110 21.4
    Arts, entertainment & recreation & accommodation & food services 271 5.2
    Other services, except public administration 167 3.2
    Public administration 27 0.5
 
CLASS OF WORKER
Civilian employed population 16 years and over 5,177 100.0
    Private wage and salary workers 4,209 81.3
    Government workers 331 6.4
    Self-employed in own not incorporated business workers 637 12.3
    Unpaid family workers 0 0.0
 
INCOME AND BENEFITS (IN 2009 INFLATION-ADJUSTED DOLLARS)
Total households 3,716 100.0
    Less than $10,000 65 1.7
    $10,000 to $14,999 0 0.0
    $15,000 to $24,999 170 4.6
    $25,000 to $34,999 61 1.6
    $35,000 to $49,999 243 6.5
    $50,000 to $74,999 307 8.3
    $75,000 to $99,999 327 8.8
    $100,000 to $149,999 595 16.0
    $150,000 to $199,999 450 12.1
    $200,000 or more 1,498 40.3
    Median household income (dollars) 154,018
    Mean household income (dollars) 237,085
 
    With earnings 3,246 87.4
        Mean earnings (dollars) 216,745
    With Social Security 1,076 29.0
        Mean Social Security income (dollars) 20,511
    With retirement income 517 13.9
        Mean retirement income (dollars) 36,696
 
    With Supplemental Security Income 58 1.6
        Mean Supplemental Security Income (dollars) 8,728
    With cash public assistance income 15 0.4
        Mean cash public assistance income (dollars) 1,880
    With Food Stamp/SNAP benefits in the past 12 months 20 0.5
 
Families 3,109 100.0
    Less than $10,000 18 0.6
    $10,000 to $14,999 0 0.0
    $15,000 to $24,999 74 2.4
    $25,000 to $34,999 41 1.3
    $35,000 to $49,999 164 5.3
    $50,000 to $74,999 276 8.9
    $75,000 to $99,999 293 9.4
    $100,000 to $149,999 492 15.8
    $150,000 to $199,999 413 13.3
    $200,000 or more 1,338 43.0
    Median family income (dollars) 178,162
    Mean family income (dollars) 257,983
 
Per capita income (dollars) 78,109
 
Nonfamily households 607 19.5
    Median nonfamily income (dollars) 76,406
    Mean nonfamily income (dollars) 126,058
 
Median earnings for workers (dollars) 63,720
Median earnings for male full-time, year-round workers (dollars) 135,996
Median earnings for female full-time, year-round workers (dollars) 70,536
 
PERCENT FAMILIES & PEOPLE WITH INCOME IN PAST 12 MO BELOW POVERTY LEVEL
All families 0.6
    With related children under 18 years 1.2
        With related children under 5 years only 0.0
Married couple families 0.6
    With related children under 18 years 1.4
        With related children under 5 years only 0.0
Families with female householder, no husband present 0.0
    With related children under 18 years 0.0
        With related children under 5 years only 0.0
 
All people 2.1
Under 18 years 2.3
    Related children under 18 years 2.3
        Related children under 5 years 0.0
        Related children 5 to 17 years 2.8
18 years and over 2.0
    18 to 64 years 2.1
    65 years and over 1.9
People in families 1.0
Unrelated individuals 15 years and over 14.6
Developed by ProximityOne; Census Bureau ACS 2009 Estimates

Additional Information
Proximity develops geodemographic-economic data and analytical tools and helps organizations knit together and use diverse data in a decision-making and analytical framework. We develop custom demographic/economic estimates and projections, develop geographic and geocoded address files, and assist with impact and geospatial analyses. Wide-ranging organizations use our tools (software, data, methodologies) to analyze their own data integrated with other data. Contact Proximity (888-364-7656) with questions about data covered in this section or to discuss custom estimates, projections or analyses for your areas of interest.


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