Cost of Living in East Franklin, NJ
Population 10,281 · New Jersey · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives East Franklin a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $367,000. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.
East Franklin sits roughly 20 miles southwest of Elizabeth — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Elizabeth's $394,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in East Franklin
The median home value in East Franklin is $366,900 — 20% above the national median of $305,000. Median rent runs $1,794/month, 37% higher than the national median of $1,314/month. The median household income of $105,363/year is 41% higher than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 63.6°F and lows of 41.4°F. Overall, East Franklin has a cost of living index of 127 versus the US average of 100, meaning it is 27% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 39 | 43 | 51 | 63 | 73 | 81 | 86 | 84 | 78 | 66 | 55 | 44 |
| Low °F | 21 | 22 | 30 | 39 | 48 | 58 | 63 | 61 | 54 | 42 | 33 | 26 |
| Precip" | 3.16 | 2.20 | 3.89 | 3.59 | 3.54 | 4.23 | 4.93 | 5.18 | 3.82 | 3.67 | 3.41 | 3.87 |
Frequently Asked Questions
What is the cost of living in East Franklin, NJ?
East Franklin has a cost index of 127 (100 = national average). It is 27% above the national average.
What is average rent in East Franklin, NJ?
The median gross rent in East Franklin is $1,794 per month based on 2023 Census data.
What is the average home price in East Franklin?
The median home value in East Franklin is $366,900 according to 2023 Census ACS data.
What is the median income in East Franklin?
The median household income in East Franklin is $105,363 per year (2023 ACS 5-year estimates).
What is the sales tax in East Franklin, NJ?
The combined state and local sales tax rate in East Franklin is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is East Franklin, NJ affordable?
East Franklin is above average in cost of living, with an index of 127 — about 27% higher than the national average.
What is the weather like in East Franklin?
East Franklin has average high temperatures of 63.6°F and average lows of 41.4°F. Annual precipitation is 45.5". Data from NOAA 1991–2020 Climate Normals.
East Franklin at a Glance
- Population
- 10,281
- Median Income
- $105,363
- Home Value
- $366,900
- Median Rent
- $1,794/mo
- Unemployment
- 2.9%
- Avg High Temp
- 63.6°F
- Sales Tax
- 6.6%
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