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The total population of Franklin Park is estimated to be 15,305 with 7,685 males (50.21%) and 7,620 females (49.79%). There are 65 less females than males in Franklin Park.
The median household income in Franklin Park was $154,408 in 2021, which marked an a decrease of 5,416(3.39%) from $159,824 in 2020. This income is 206.96% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Franklin Park sees its highest median household income among householders in the age group of 25 to 44 years old, at $204,129. Overall, the median household income for the borough of Franklin Park stands at $154,408.
In Franklin Park, the median income for all workers aged 15 years and older, regardless of work hours, was $95,915 for males and $49,161 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $127,783 for males and $82,978 for females.
In Franklin Park, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $217,676, while Black or African American households represent the opposite end with the lowest median household income of $75,961.
In 2022, the population of Franklin Park was 15,165, a 1.26% decrease year-by-year from 2021. Previously, in 2021, Franklin Park's population was 15,358, a decline of 0.86% compared to a population of 15,491 in 2020.
The median age in Franklin Park, PA is 41.4, as per 2021 ACS 5-Year Estimates. Of the total population, 22.90% were under the age of 15, 13.15% aged 15 to 29, 49.88% aged 30 to 64, 13.03% aged 65 to 84, and 1.04% were 85 years of age and older.
Racial distribution of Franklin Park population: 79.39% are White, 3.54% are Black or African American, 0.11% are American Indian and Alaska Native, 13.76% are Asian, 0.89% are some other race and 2.30% are multiracial.