CitytisticsShortlist

Franklin Lakes, NJ vs Lexington, MA

Franklin Lakes

New Jersey

vs

Lexington

Massachusetts

Across 36 directional measures we can compare, Franklin Lakes leads on 12 and Lexington on 24. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 12% higher in Franklin Lakes, while median household income is higher in Lexington.

Median gross rent
$3,230$2,891
Franklin Lakes is 12% higher
Median household income
$235,795$238,444
Franklin Lakes is 1% lower
Median home value
$1,264,000$1,203,100
Franklin Lakes is 5% higher

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $187,300 a year left in Franklin Lakes and $203,700 in Lexington. Money goes further in Lexington, by about $16,300 a year.
  • A household earning Franklin Lakes's median of $235,795 would need about $222,000 in Lexington to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, pay outran rent by 2.3 points a year in Franklin Lakes, and pay outran rent by 1.9 points a year in Lexington.

How these are calculated

MassachusettsNew JerseyLexington, MAFranklin Lakes, NJFranklin LakesLexingtonFranklin LakesLexington

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Lexington, MAComposite 73.2 / 100
97
5894100882064n/a
02Franklin Lakes, NJComposite 69.7 / 100
94
5198989754667

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureFranklin LakesLexingtonAmong all places
Cost of living
Median gross rent1$3,230$2,891
Rent to income116.4%14.5%
Home price to income15.4x5.0x
Prices vs US average2112.6108.3
Fair market rent, 2 bedrooms3$2,282$3,008
HUD area median income4$139,100n/a
Housing
Property tax paid (median)1$10,001$10,001
Median home value1$1,264,000$1,203,100
Home prices, 1-year change56.8%3.6%
Home prices, 5-year change552.0%45.5%
Homeownership188.9%80.5%
Renters paying 30%+163.4%50.1%
Owner costs with a mortgage1$4,001$4,001
Vacant homes13.9%2.2%
Median year built119821965
Jobs and income
Median household income1$235,795$238,444
Income per person1$105,713$114,758
Unemployment12.3%2.9%
Average annual pay6$83,431$118,479
Pay growth, 1 year63.5%4.2%
Jobs6437,006903,942
Poverty rate13.5%4.7%
Mean commute137 min31 min
Works from home132.3%36.7%
Commutes by transit16.6%4.7%
People
Population111,08434,295
Population change since 202070.7%n/a
Median age146.347.3
Bachelor's or higher177.4%84.3%
High school or higher197.7%96.9%
Household size12.92.7
Born abroad119.4%34.4%
No health insurance11.7%1.0%
Homes with broadband197.8%98.2%
Moving
Moved here in the past year14.7%6.4%
Moved from another state11.9%3.0%
Net movers per 1,000 people8-1.8-8.3
Income of households moving in8$115,305$106,686
Income of households moving out8$114,026$125,858
Local life
Restaurants and bars per 10k928.423.5
Shops per 10k936.328.4
Arts, recreation and fitness per 10k95.15.3
Doctors' offices and clinics per 10k935.720.4
Child care centers per 10k93.33.8
Parks per 10k102.714.0
Playgrounds per 10k105.414.3
Grocery stores per 10k102.71.2
Restaurants, cafes and bars per 10k109.09.3
Libraries per 10k101.81.2
Named paths and bike trails107.734.5
Transit stops per sq mi100.025.7
Nearest National Park Service site116.63.5
National Park Service sites within 60 miles112315
National Register listings121418
Founded or incorporated13n/a1640
Safety
Violent crime per 100k141855
Property crime per 100k14160426
Schools
Public schools15511
Public school students152,3317,417
Students per teacher159.110.2
Climate
July average high1686°F84°F
January average low1622°F17°F
Average temperature1653°F49°F
Annual precipitation1648.1 in47.4 in
Hazards and air
Natural hazard risk1797.897.0
Hurricane risk1792.895.5
Tornado risk1792.390.1
Wildfire risk1721.772.8
Heat wave risk1796.895.7
Median air quality index184038
Good air days1871.1%81.9%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Franklin Lakes $129,200, Lexington $115,640 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Wikidata · Wikimedia Foundation (CC0) · Retrieved 2026-11
  14. Crime Data Explorer · Federal Bureau of Investigation · 2025 data
  15. Common Core of Data · National Center for Education Statistics · 2024 release
  16. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  17. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  18. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

Keep comparing

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