Based on the historical population data provided for the Franklin ZIP code 07416 in New Jersey, the area has experienced a slight decline in population from 6,127 in 2010 to 5,860 in 2022. The population density has also decreased from 589.13 people per square mile in 2010 to 563.46 people per square mile in 2022. Despite this minor decline, the population density suggests that the area falls within the suburban rural classification.

Suburban rural areas are characterized by a blend of rural openness and suburban amenities, with typical lot sizes around 1 acre. The estimated housing units corresponding to the 2022 population is 2,245, indicating a relatively low-density residential development pattern. This type of lifestyle is ideal for families seeking quieter neighborhoods close to nature while still having access to suburban conveniences such as community centers and parks.

The slight population decline over the past decade may be attributed to various factors, such as an aging population, changing economic conditions, or a shift in housing preferences. However, the overall stability of the population suggests that the area has maintained its appeal to residents who value the suburban rural lifestyle.