Franklin Lakes borough: Median Household Income Trend
How Franklin Lakes borough's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$155,458
2023
$230,987
Total change
+$75,529
% change
+48.6%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $155,458 | — |
| 2019 | $172,766 | +$17,308 (11.1%) |
| 2020 | $178,794 | +$6,028 (3.5%) |
| 2021 | $188,272 | +$9,478 (5.3%) |
| 2022 | $204,917 | +$16,645 (8.8%) |
| 2023 | $230,987 | +$26,070 (12.7%) |