Is Franklin Township (Gloucester County), NJ growing?
Franklin Township (Gloucester County), NJ had an estimated 16,490 (±40) residents in 2020–2024, against 16,440 in 2015–2019.
That is a change of +0.3%, not a measurable change.
Its housing went from 6,122 to 6,057 homes (−1.1%), not a measurable change.
0.8% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 16,490 (±40)
- Amount of change
- +0.3%
- Homes change
- −1.1%
- Built 2020 or later
- 0.8%
Residents and homes in Franklin Township (Gloucester County), 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 16,440 (±36) | 16,490 (±40) | +0.3% | Not a measurable change |
| Housing units | 6,122 (±168) | 6,057 (±236) | −1.1% | Not a measurable change |
| Households that rent | 9.5% (±2.8 points) | 13.9% (±4.1 points) | +4.4 percentage points | Not a measurable change |
| Median gross rent | $1,271 (±$138) | $1,602 (±$137) | +26.0% | No measurable change after inflation |
| Median home value | $196,700 (±$6,449) | $306,800 (±$17,212) | +56.0% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Franklin Township (Gloucester County) against Gloucester County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Franklin Township (Gloucester County) | +0.3% | Not a measurable change | −1.1% |
| Gloucester County | +5.4% | Measurable increase | +3.9% |
| New Jersey | +5.2% | Measurable increase | +4.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Franklin Township (Gloucester County)
| Year built | Franklin Township (Gloucester County) | Gloucester County | New Jersey | United States |
|---|---|---|---|---|
| 2020 or later | 0.8% (±0.6 points) | 1.1% | 1.1% | 2.0% |
| 2010 to 2019 | 5.5% (±3.0 points) | 7.4% | 6.2% | 9.4% |
| 2000 to 2009 | 13.0% (±2.4 points) | 14.6% | 9.2% | 13.6% |
6.3% of the homes in Franklin Township (Gloucester County) were built in 2010 or later.
The median age of residents is 41.4 years.
Growth in places near Franklin Township (Gloucester County)
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Franklin Township (Gloucester County) | — | 16,490 | +0.3% | Not a measurable change |
| Newfield Borough | 3.4 mi | 1,844 | +21.2% | Measurable increase |
| Victory Lakes | 3.5 mi | 1,577 | −17.0% | Not a measurable change |
| Monroe Township (Gloucester County) | 5.1 mi | 37,648 | +2.3% | Measurable increase |
| Clayton Borough | 5.3 mi | 8,921 | +3.4% | Measurable increase |
| Buena Borough | 6.3 mi | 4,520 | +3.8% | Measurable increase |
| Williamstown | 6.5 mi | 14,705 | +0.4% | Not a measurable change |
| Pittsgrove Township | 7.0 mi | 8,854 | −0.5% | Measurable decrease |
| Collings Lakes | 7.1 mi | 1,988 | +29.2% | Not a measurable change |
The figures for Franklin Township (Gloucester County) include the places inside it that have pages of their own: Franklinville, Malaga.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Franklin Township (Gloucester County)
Is Franklin Township (Gloucester County) growing?
Franklin Township (Gloucester County), NJ had an estimated 16,490 residents in 2020–2024 and 16,440 in 2015–2019, a change of +0.3%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Franklin Township (Gloucester County)?
The estimated number of housing units went from 6,122 in 2015–2019 to 6,057 in 2020–2024 (−1.1%), not a measurable change.
How much new construction is there in Franklin Township (Gloucester County)?
0.8% of homes in Franklin Township (Gloucester County) were built in 2020 or later and 5.5% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Franklin township, Gloucester County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Gloucester County, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Franklin township, Gloucester County, New Jersey
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Franklin township, Gloucester County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Gloucester County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Gloucester County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Franklin township, Gloucester County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin township, Gloucester County, New Jersey (county subdivision:24840, in state:34 county:015).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Franklin Township (Gloucester County) at a glance
- Median rent in Franklin Township (Gloucester County)
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- Renters and owners in Franklin Township (Gloucester County)
- Income and affordability in Franklin Township (Gloucester County)
- Home values in Franklin Township (Gloucester County)
- Homeowner costs in Franklin Township (Gloucester County)
- Property taxes in Franklin Township (Gloucester County)
- Types of homes in Franklin Township (Gloucester County)
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- Age of homes in Franklin Township (Gloucester County)
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- How long people stay in Franklin Township (Gloucester County)
- Crowding and facilities in Franklin Township (Gloucester County)
- Fair Market Rent in Franklin Township (Gloucester County)
- New Jersey landlord and tenant rules
- Housing across Gloucester County
- Housing data for every place in New Jersey