ZIP 07417 — Business Opportunities

Franklin Lakes, NJ · Local economy intelligence

Population

11,010

Median income

$204,833

Median age

47.5

Households

3,770

Top business opportunities in 07417

The highest-scored business categories to consider opening in Franklin Lakes, NJ, based on demand (population, income, demographic fit) versus existing supply.

1. Jewelry & Accessories 100/100
~1.7 businesses underserved · confidence: medium
2. Childcare 86/100
~1.6 businesses underserved · confidence: medium
3. Furniture & Home Decor 80/100
~1.5 businesses underserved · confidence: medium
4. Electronics 78/100
~1.5 businesses underserved · confidence: medium
5. Electronics Repair 78/100
~1.4 businesses underserved · confidence: medium
6. Clothing & Apparel 61/100
~2.4 businesses underserved · confidence: medium
7. Prep School 51/100
~1.1 businesses underserved · confidence: medium
8. Dancing School 51/100
~1.2 businesses underserved · confidence: medium
9. Music School 51/100
~1.2 businesses underserved · confidence: medium
10. Toys & Games 49/100
~0.7 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 07417.

Restaurants — 7 businesses
Schools — 5 businesses
Religious — 4 businesses
Nature Reserve — 3 businesses
Government Services — 2 businesses
Fire Station — 2 businesses
Grocery & Supermarkets — 2 businesses
Accounting & Finance — 2 businesses
Viewpoint — 2 businesses
Attraction — 2 businesses
Garden — 1 businesses
Gas Stations — 1 businesses
Banking & Finance — 1 businesses
Fast Food — 1 businesses
Park — 1 businesses

Full demographic profile

Population	11,010
Households	3,770
Median household income	$204,833
Per capita income	$102,802
Median age	47.5
% bachelor's degree or higher	77.312%
% age 18–34	12.025%
% age 65+	13.215%
% renter-occupied	11.704%
Median home value	$1,135,700
Median gross rent	$3,043
Unemployment rate	4.352%

Nearby ZIPs in NJ

07095 Woodbridge · 07079 South Orange · 07078 Short Hills · 07069 Watchung · 07068 Roseland · 07067 Colonia

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