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The borough has been one of the state's wealthiest communities. Based on data from the American Community Survey for 2013-2017, Franklin Lakes residents had a median household income of $155,458, ranked 11th in the state among municipalities with more than 10,000 residents, more than double the statewide median of $76,475. As of the 2000 Census, Franklin Lakes had the 18th-highest per-capita income of all 566 municipalities in the state.
In 2010, Forbes.com listed Franklin Lakes as 146th in its listing of "America's Most Expensive ZIP Codes", with a median home price of $1,306,546.
According to the United States Census Bureau, the borough had a total area of 9.847 square miles (25.507 km2), including 9.379 square miles (24.292 km2) of land and 0.469 square miles (1.214 km2) of water (4.76%).
There were 3,527 households out of which 40.2% had children under the age of 18 living with them, 76.4% were married couples living together, 6.5% had a female householder with no husband present, and 14.6% were non-families. 12.6% of all households were made up of individuals, and 6.8% had someone living alone who was 65 years of age or older. The average household size was 3.00 and the average family size was 3.29.
In the borough, the population was spread out with 27.4% under the age of 18, 6.0% from 18 to 24, 16.7% from 25 to 44, 33.4% from 45 to 64, and 16.4% who were 65 years of age or older. The median age was 44.9 years. For every 100 females there were 97.0 males. For every 100 females ages 18 and older there were 93.8 males.
The Census Bureau's 2006-2010 American Community Survey showed that (in 2010 inflation-adjusted dollars) median household income was $151,224 (with a margin of error of +/- $16,426) and the median family income was $155,156 (+/- $33,998). Males had a median income of $125,586 (+/- $20,759) versus $63,170 (+/- $13,069) for females. The per capita income for the borough was $74,219 (+/- $9,917). About 0.7% of families and 1.5% of the population were below the poverty line, including 0.7% of those under age 18 and 1.8% of those age 65 or over.
As of the 2000 United States Census of 2000, there were 10,422 people, 3,322 households, and 2,959 families residing in the borough. The population density was 1,102.5 people per square mile (425.8/km2). There were 3,395 housing units at an average density of 359.2 per square mile (138.7/km2). The racial makeup of the borough was 91.35% White, 0.92% African American, 0.11% Native American, 6.33% Asian, 0.01% Pacific Islander, 0.41% from other races, and 0.86% from two or more races. Hispanic or Latino of any race were 2.74% of the population. 29.8% of residents reported being of Italian ancestry in the 2000 Census, the highest percentage recorded as a percentage of borough population.
There were 3,322 households out of which 43.9% had children under the age of 18 living with them, 82.0% were married couples living together, 4.8% had a female householder with no husband present, and 10.9% were non-families. 8.6% of all households were made up of individuals and 4.1% had someone living alone who was 65 years of age or older. The average household size was 3.13 and the average family size was 3.34.
In the borough the population was spread out with 28.7% under the age of 18, 4.9% from 18 to 24, 24.1% from 25 to 44, 31.1% from 45 to 64, and 11.2% who were 65 years of age or older. The median age was 41 years. For every 100 females, there were 97.5 males. For every 100 females age 18 and over, there were 95.7 males.
The median income for a household in the borough was $132,373, and the median income for a family was $142,930. Males had a median income of $97,233 versus $45,588 for females. The per capita income for the borough was $59,763. About 2.6% of families and 3.2% of the population were below the poverty line, including 3.1% of those under age 18 and 6.8% of those age 65 or over.
Franklin Lakes is governed under the Borough form of New Jersey municipal government. The governing body consists of a Mayor and a Borough Council comprising six council members, with all positions elected at-large on a partisan basis as part of the November general election. A Mayor is elected directly by the voters to a four-year term of office. The Borough Council consists of six members elected to serve three-year terms on a staggered basis, with two seats coming up for election each year in a three-year cycle. The Borough form of government used by Franklin Lakes, the most common system used in the state, is a "weak mayor / strong council" government in which council members act as the legislative body with the mayor presiding at meetings and voting only in the event of a tie. The mayor can veto ordinances subject to an override by a two-thirds majority vote of the council. The mayor makes committee and liaison assignments for council members, and most appointments are made by the mayor with the advice and consent of the council. All council meetings are held at the Borough Hall located on DeKorte Drive, formerly Municipal Drive.
As of 2019[update], the Mayor of Franklin Lakes is Republican Frank Bivona, whose term of office ends on December 31, 2022. Bivona replaced former Mayor Maura DeNicola after she was elected to the Bergen County Board of chosen freeholders. Members of the Franklin Lakes Borough Council are Council President Charles J. X. Kahwaty (R, 2021), Joseph P. Cadicina (R, 2019), Joseph F. Kelly (R, 2020), Thomas G. Lambrix (R, 2021), Paulette D. Ramsey (R, 2020) and Ann Swist (R, 2019).
The Franklin Lakes Police Department is headed by Chief Carmine Pezzuti.
The Franklin Lakes Fire Department is an all-volunteer fire department, founded in 1924. The FLFD has two locations, one known as "Headquarters" which is located off of Franklin Avenue, and the other is the "Southside" Firehouse, located on Franklin Lakes Road. The current chief of the FLFD is Ryan Dodd. The Assistant Chief is Chuck Bohny.
The Franklin Lakes Office of Emergency Management is located at 745 Franklin Ave. The current Emergency Management Coordinator is Craig Goldman.
Bergen County is governed by a directly elected County Executive, with legislative functions performed by a seven-member Board of Chosen Freeholders. The freeholders are elected at-large in partisan elections on a staggered basis, with two or three seats coming up for election each year; a Chairman, Vice Chairman and Chairman Pro Tempore are selected from among its seven members at a reorganization meeting held each January.
As of 2018[update], the County Executive is Democratic James J. Tedesco III of Paramus, whose term of office ends December 31, 2018. Bergen County's Freeholders are
Freeholder Chairman Thomas J. Sullivan Jr., (D, Montvale, term as freeholder ends 2019; term as freeholder chairman ends 2018),
Freeholder Vice-Chairwoman Germaine M. Ortiz (D, Emerson, term as freeholder ends 2019; term as freeholder vice-chairwoman ends 2018),
Freeholder Chairman Pro-Tempore Mary J. Amoroso (D, Mahwah, term as freeholder ends 2019; term as freeholder chairman pro-tempore ends 2018),
David L. Ganz (D, Fair Lawn, 2020),
Steve Tanelli (D, North Arlington, 2018),Joan Voss (D, Fort Lee, 2020) and
Tracy Silna Zur (D, Franklin Lakes, 2018), Bergen County's constitutional officials are
County Clerk John S. Hogan (D, Northvale, 2021),
Sheriff Michael Saudino (D, Emerson, 2019) and
Surrogate Michael R. Dressler (D, Cresskill, 2021).
As of March 23, 2011, there was a total of 7,446 registered voters in Franklin Lakes, of whom 1,141 (15.3% vs. 31.7% countywide) were registered as Democrats, 3,307 (44.4% vs. 21.1%) were registered as Republicans, and 2,986 (40.1% vs. 47.1%) were registered as Unaffiliated. There were 12 voters registered to other parties. Among the borough's 2010 Census population, 70.3% (vs. 57.1% in Bergen County) were registered to vote, including 96.8% of those ages 18 and over (vs. 73.7% countywide).
In the 2012 presidential election, Republican Mitt Romney received 3,910 votes (69.6% vs. 43.5% countywide), ahead of Democrat Barack Obama with 1,601 votes (28.5% vs. 54.8%) and other candidates with 44 votes (0.8% vs. 0.9%), among the 5,614 ballots cast by the borough's 7,881 registered voters, for a turnout of 71.2% (vs. 70.4% in Bergen County). In the 2008 presidential election, Republican John McCain received 3,818 votes (62.6% vs. 44.5% countywide), ahead of Democrat Barack Obama with 2,206 votes (36.2% vs. 53.9%) and other candidates with 29 votes (0.5% vs. 0.8%), among the 6,095 ballots cast by the borough's 7,698 registered voters, for a turnout of 79.2% (vs. 76.8% in Bergen County). In the 2004 presidential election, Republican George W. Bush received 3,819 votes (65.9% vs. 47.2% countywide), ahead of Democrat John Kerry with 1,923 votes (33.2% vs. 51.7%) and other candidates with 32 votes (0.6% vs. 0.7%), among the 5,792 ballots cast by the borough's 7,251 registered voters, for a turnout of 79.9% (vs. 76.9% in the whole county).
In the 2013 gubernatorial election, Republican Chris Christie received 81.6% of the vote (2,697 cast), ahead of Democrat Barbara Buono with 17.8% (587 votes), and other candidates with 0.6% (20 votes), among the 3,360 ballots cast by the borough's 7,580 registered voters (56 ballots were spoiled), for a turnout of 44.3%. In the 2009 gubernatorial election, Republican Chris Christie received 2,739 votes (69.9% vs. 45.8% countywide), ahead of Democrat Jon Corzine with 1,023 votes (26.1% vs. 48.0%), Independent Chris Daggett with 110 votes (2.8% vs. 4.7%) and other candidates with 17 votes (0.4% vs. 0.5%), among the 3,918 ballots cast by the borough's 7,564 registered voters, yielding a 51.8% turnout (vs. 50.0% in the county).
As of May 2010[update], the borough had a total of 92.97 miles (149.62 km) of roadways, of which 71.64 miles (115.29 km) were maintained by the municipality, 16.75 miles (26.96 km) by Bergen County, and 4.58 miles (7.37 km) by the New Jersey Department of Transportation.
Route 208 runs for 2.2 miles (3.5 km) across the borough's midsection, from Wyckoff to its western terminus at its intersection with Interstate 287 in Oakland. Interstate 287 enters on the borough's western border with Oakland and heads north towards Mahwah, with the highway's exit 59 in the borough.County Route 502 (Breakneck Road / Franklin Lakes Road) enters from Wayne Township in Passaic County at the borough's southwest corner, runs along the border with Oakland and re-enters Franklin Lakes, heading north towards Wyckoff.
^Raychaudhuri, Disha. "The wealthiest towns in N.J., ranked", NJ Advance Media for NJ.com, June 7, 2019. Accessed November 4, 2019. "The median household income in N.J. is $76,475, recent Census data shows.... A note about the data: The data comes from 2013-2017 American Community Survey conducted by U.S. Census Bureau. Smaller towns with less than 10,000 residents were excluded from the list.... 11. Franklin Lakes, Bergen County Median income: $155,458"
^Snegireva, Margarita. "Becton Dickinson staph infection test receives FDA sanction", Pravda, January 3, 2008. Accessed June 17, 2008. "Becton Dickinson (BD), is a medical technology company that manufactures and sells medical devices, instrument systems and reagents. Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs 27,000 people in nearly 50 countries."
^Lynn, Kathleen. "Franklin Lakes mayor, two council members sworn in", The Record (Bergen County), January 2, 2011. Accessed September 27, 2011. "Republican Mayor Frank Bivona and GOP council members Nathalie Lota, an incumbent, and Frank Pedone were sworn in Sunday evening by Bergen County Executive Kathleen Donovan.... Bivona replaces former Mayor Maura De Nicola, a Republican who was sworn in as a Bergen County freeholder Saturday."
^Biography, Congressman Josh Gottheimer. Accessed January 3, 2019. "Josh now lives in Wyckoff, New Jersey with Marla, his wife who was a federal prosecutor, and their two young children, Ellie and Ben."
^Mattura, Greg. "Swimming to glory", The Record (Bergen County), October 31, 2002. Accessed March 16, 2008. "Noelle Bassi and her twin sister were given their first swimming lesson at age 2½, courtesy of their mother, who was leery of the potential dangers of an in-ground pool in their new Franklin Lakes home."
^"Amazon Prime Conjures More of Cindy Callaghan's Just Add Magic", Broadway World, January 10, 2018. Accessed February 1, 2018. "A New Jersey native (she grew up in Franklin Lakes and is a graduate of Indian Hills High School in Oakland) and Delawarean since 1990, the University of Delaware undergrad and masters graduate frequently uses a fictionalized version of Wilmington, Del., and other areas in the state as settings for her novels."
^Dobrow, Marty. "NBA education of John Calipari", Daily Hampshire Gazette, March 13, 1998. Accessed January 28, 2011. "They live in a wooded section of Franklin Lakes in North Jersey, far from the turnpike, far from the fray. It's a big house on a cul de sac, but not ostentatious. Not gated. Not shrouded in high shrubs. Just quiet. Calipari says that in a year and a half on the job he has been to New York City eight times, four of them when he's played the Knicks. 'I'm not a New York City guy,' he says."
^Wassel, Bryan. "Wyckoff native talks up prehistoric adventure", Wyckoff Suburban News, March 16, 2013. Accessed November 13, 2013. "On March 9, Kirk DeMicco returned to where it all began.... The Wyckoff native and former Franklin Lakes resident said his passion for movies was born at a screening of Star Wars in the now-demolished movie theater on Route 4 that the AMC has replaced."
^Engel, Allison. "Cinematic Simians on a Space Safari", USC News, July 18, 2008. Accessed November 13, 2013. "DeMicco, who grew up as the oldest of three in Franklin Lakes, N.J., said his immersion in storytelling began early."
^Mistry, Roopa. "Navigating life off the gridiron", The Record (Bergen County), February 5, 2006. "Another Giants player who spent time in Franklin Lakes is Sam Huff.... In 1968, he moved to Franklin Lakes, and took a full-time position at the company after his last season in football with the Washington Redskins."
^Friedman, Roger. "Jacko Lived With New Jersey Family for Three Months", Fox News Channel, November 19, 2007. Accessed March 16, 2008. "Michael Jackson, homeless and drifting - and still in default on a $23 million loan against his Neverland Ranch - spent the last three months living in Franklin Lakes, N.J., in a family's private home, trying to be normal."
^Chass, Murray. "Reuschel, Yankees Still Apart", The New York Times, February 12, 1982. Accessed October 16, 2012. "Abstract - Rick Reuschel, like Tommy John, is involved in a contract dispute with the Yankees and, like John, has not reported to the team's voluntary camp. Both pitchers are still at home, John in Franklin Lakes, N.J., and Reuschel in Arlington Heights, Ill."
^Staff. "King Comeback Is Slowed", The New York Times, October 20, 1986. Accessed October 13, 2013. "Just when it looked as if Bernard King's long and arduous rehabilitation was beginning to show results, the Knick forward suffered another setback. While jogging near his home yesterday in Franklin Lakes, N.J., King inadvertently stepped in a hole and sprained his right ankle and knee."
^Staff. "Franklin Lakes' Ross Krautman is All-Big East", The Record (Bergen County), December 9, 2010. Accessed November 10, 2013. "Ross Krautman's freshman season at Syracuse has exceeded expectations.Not only are the Orange headed for their first bowl game since 2004, the first-year placekicker from Franklin Lakes was selected to the All-Big East Conference second team Wednesday."
^Rohan, Virginia. "Housewives Report: Franklin Lakes' Jacqueline Laurita calls it quits", Bergen.com, September 29, 2011. Accessed October 13, 2013. "Jacqueline Laurita of Franklin Lakes has quit the Bravo reality show, according to People magazine, which quoted an unnamed source saying, 'Jacqueline [Laurita] definitely quit. She had to walk away for her sanity.'"
^"Dina Manzo: Bio and Links", Bergen.com. Accessed October 13, 2013. "Dina Manzo, former star of Bravo television's The Real Housewives of New Jersey, resides in Franklin Lakes with her husband Tommy Manzo and daughter Alexia."
^Staff. Giant undertaking, The Washington Times, February 6, 2004. Accessed May 26, 2011. "That was how the former Washington Bullets center and one-time movie actor - he appeared with Billy Crystal in My Giant -- spent most of the past few years: being with his wife, tending his two sons and taking care of their home in Franklin Lakes, N.J. "
^Silverman, Stephen M. "Kelly Ripa: 'All My Children,' Indeed", People, February 25, 2003. Accessed May 26, 2011. "Last summer, People reported that Ripa had found a way to make more time in her day: She and Consuelos sold their suburban Franklin Lakes, N.J., home for $915,000 and moved into a Manhattan condo - which put her near the ABC studio where she shoots Live."
^Staff. "Weddings/Celebrations; Danielle Puleo, Chris Simms", The New York Times, August 8, 2004. Accessed October 16, 2012. "Danielle Marie Puleo, a daughter of Gloria A. Puleo and Robert V. Puleo of Franklin Lakes, N.J., was married last Sunday to Chris David Simms, a son of Diana Simms and Phil Simms, the former New York Giants quarterback, of Franklin Lakes."
^Manual of the Legislature of New Jersey, 1977, p. 255. E. J. Mullin, 1977. Accessed July 18, 2019. "John A. Spizziri, Rep., Franklin Lakes - Assemblyman Spizziri was born in Paterson Sept. 2, 1934. He was first elected to the Wyckoff Township Committee in 1966, and served as road commissioner."
^Devencentis, Philip. 'Franklin Lakes Education Foundation hosts inaugural house tour", Franklin Lakes - Oakland Suburban News, May 20, 2010. Accessed October 13, 2013. "Ivy Becker, owner of the 18th-century Ackerman-Boyd House on Franklin Lake Road, said the tour will not only promote education of borough schoolchildren, but help inform the public about architecture, interior design and landscaping.Becker said her home, which she has lived in for five years, is representative of Dutch Colonial Revival, a construction type characterized by flaring eaves and gambrel roofs. It was listed on the National Register of Historic Places in 1983."
^Ball, Howard Lee. "Franklin Lakes & The Space Program", The Franklin Lakes Journal, October 3, 2012. Accessed October 13, 2013. "RMI operated a test stand at 936 Dogwood Trail from 1942 until 1943 and abandoned the site in 1944.At this location, RMI built a block house and test stand.... Through the efforts of local historian Edward J. Lenik, this site was nominated and placed on The National Register of Historic Places in 1978 (ID number 79001472)"
Municipal Incorporations of the State of New Jersey (according to Counties) prepared by the Division of Local Government, Department of the Treasury (New Jersey); December 1, 1958.