Red Bank vs Franklin
| Red Bank | Franklin | |
|---|---|---|
| Population | 11,919 | 83,630 |
| Median Household Income | $63,983 | $119,528 |
| Median Home Value | $269,400 | $705,400 |
| Median Gross Rent | $1,283/mo | $1,923/mo |
| Homeownership Rate | 55.8% | 63.8% |
| Unemployment Rate | 3.8% | 2.2% |
| Bachelor's Degree or Higher | 44.5% | 64.5% |
| Median Age | 37.9 | 38.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.