School district · New Jersey · LEAID 3405370

Franklin Lakes School District

Franklin Lakes School District is in the smallest third by enrollment among comparable New Jersey districts (1,211 students in the NCES CCD F-33 cohort). Per-pupil spending, enrollment, and budget for Franklin Lakes School District come from the NCES Common Core of Data F-33 finance survey (FY2023).

$87,666
Est. avg teacher salary

Above benchmark

$37,868
Per-pupil spending
1,211
Students enrolled
84th
Pct. in NJ
$87,666

Franklin Lakes School District is in the smallest third by enrollment among comparable New Jersey districts (1,211 students in the NCES CCD F-33 cohort). Estimated average teacher salary is $87,666, above the national average of $70,245, serving 1,211 students (NCES CCD F-33, FY2023).

  • Smaller enrollment scale: Franklin Lakes School District is in the smallest third by enrollment among comparable New Jersey districts (1,211 students in the NCES CCD F-33 cohort).
  • 84th percentile for New Jersey
  • 83rd percentile nationally
  • 32% of spending reaches instructional salaries
  • New Jersey ranks #15 of 49 on the salary estimate and #9 of 49 on enrollment in the same reliable-district pool.
  • Franklin Lakes School District ranks #79 of 510 New Jersey districts by estimated teacher salary and #77 of 510 by per-pupil spending. Perth Amboy Public School District pay #1 at $159,259 is not Asbury Park School District spending #1 at $62,321 per pupil

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LEAID 3405370 · NCES CCD F-33 FY2023

Franklin Lakes F-33 compensation desk

SALARY-HIGH +12% vs state RANK-ST-MID P84 in state RANK-NAT-MID P83 national PPE-HIGH $38K/pupil ENR-SMALL 1,211 students INSTR-LOW 32% instr BASIS-FTE FTE-reported PHOTO-NEAR Near Pemberton FY-2023-LIGHT FY2023 book

FY2023: $87,666 estimated average teacher salary · P84 in New Jersey · P83 nationally · 32% instructional salary share. Nearest salary peer: Edison (+$137est. salary).

Salary neighbourhood chart for Franklin Lakes

Salary neighbourhood · Franklin Lakes

Franklin Lakes already leads most of its in-state peer set; the chart plots it against the top and bottom pay poles for context (NCES F-33 FY2023, not a full state reprint).

est. salary
Source NCES CCD F-33 Finance Survey As of FY2023
Appropriate use & corrections
National salary distribution for Franklin Lakes

Franklin Lakes School District's estimated salary vs. every US district

NCES F-33 estimate, reliable-salary districts only

$87,666 Top 17% higher than 83% of 10,684 US districts

Show national distribution $30,000–$40,000: 155 US districts (1%). Below this entry. $40,000–$50,000: 1,360 US districts (13%). Below this entry. $50,000–$60,000: 2,382 US districts (22%). Below this entry. $60,000–$70,000: 2,402 US districts (22%). Below this entry. $70,000–$80,000: 1,633 US districts (15%). Below this entry. $80,000–$90,000: 1,097 US districts (10%). This entry sits in this band. $90,000–$100,000: 662 US districts (6%). Above this entry. $100,000–$110,000: 371 US districts (3%). Above this entry. $110,000–$120,000: 249 US districts (2%). Above this entry. $120,000–$130,000: 156 US districts (1%). Above this entry. $130,000–$140,000: 112 US districts (1%). Above this entry. $140,000–$150,000: 57 US districts (1%). Above this entry. $150,000–$160,000: 25 US districts (0%). Above this entry. $160,000–$170,000: 13 US districts (0%). Above this entry. $170,000–$180,000: 10 US districts (0%). Above this entry. $180,000–$190,000: 0 US districts (0%). Above this entry. This district $30,000 $190,000 every reliable-salary US district, bucketed by value

Each bar is a $10K-wide band; taller bars hold more US districts. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source NCES CCD F-33 Finance Survey, FY2023 · FY2023

Franklin Lakes in New Jersey's upper-third pay band

Same 510 districts with a usable salary and a comparable per-pupil figure (NCES F-33 FY2023)

est. avg salary

What this shows Franklin Lakes School District ranks #79 of 510 New Jersey districts by estimated teacher salary and #77 of 510 by per-pupil spending. Perth Amboy Public School District pay #1 at $159,259 is not Asbury Park School District spending #1 at $62,321 per pupil

Source NCES CCD F-33 Finance Survey, FY2023 As of FY2023

The same districts by per-pupil spending

Franklin Lakes School District is marked; a high spending bar is not a high pay bar

per pupil

What this shows Asbury Park School District leads spending at $62,321 per pupil; Perth Amboy Public School District leads pay.

Source NCES CCD F-33 Finance Survey, FY2023 As of FY2023

What stands out about Franklin Lakes School District

  • Its per-pupil spending of $37,868 is among the highest in the nation.

New Jersey prices absorb part of this salary

Nominal district estimate
$87,665.996

The FY2023 salary estimate shown in the hero.

New Jersey price level
108.9 / 100

BEA all-items regional price parity; 100 is the U.S. average.

National-price equivalent
$80,471

-8% versus the nominal figure.

Prices in New Jersey run above the national average, so this salary has roughly the buying power of the national-price equivalent above. Comparing it with a district in a cheaper state without this adjustment overstates its relative value.

Regional price parity: U.S. Bureau of Economic Analysis, 2023 all-items RPP by state. The adjustment applies a statewide index to a district figure, so it captures how New Jersey compares nationally, not how this district compares with others in its own state. Compare every state on this basis.

How this salary figure is calculated
Full NCES reading for Franklin Lakes School District

What the Numbers Say About Franklin Lakes School District

Franklin Lakes School District is a small school district in New Jersey, serving 1,211 students at an estimated per-pupil spending of $37,868. Estimated average teacher salary, derived from reported teacher salary expenditure (F-33 items Z35-Z38) divided by teacher FTE, is $87,666, placing the district in the high-investment tier of NCES F-33 respondents. NCES LEAID 3405370 references the FY2023 Common Core of Data Local Education Agency Finance Survey.

Relative to the New Jersey statewide average of $78,597, teacher pay in Franklin Lakes School District runs meaningfully above the state benchmark, a 11.5% gap, and above the national instructional-salary estimate of $70,245 (24.8% differential). Among enrolling districts in New Jersey, it pays more than 84% of them. New Jersey itself ranks #15 of 49 nationally on average teacher compensation, which shapes the funding ceiling districts operate under.

On the budget side, Franklin Lakes School District reports $45.9M in total expenditure against $44.6M in revenue, with instructional salaries accounting for 32% of spending, a compensation-to-budget ratio that signals how much of each tax dollar reaches classroom educators. Regular-program teacher salary outlay is $9.7M, special-education teacher pay is $2.8M.

How does Franklin Lakes School District compare?

Estimated average teacher salary versus a peer district, the New Jersey average, and the national average. Pick any in-state district to compare.

Franklin Lakes School District $87,666
Newark Public School District $92,614
New Jersey avg $78,597
National avg $70,245

Franklin Lakes School District pays -5.3% less than Newark Public School District · per-pupil $37,868 vs $44,682

Derived from NCES F-33 teacher salary expenditure (Z35-Z38) and CCD Staff Universe teacher FTE (FY2023); a small minority use the documented fallback. Unreliable service entities are excluded.

Out-of-state districts near Franklin Lakes School District's smaller enrollment

Two out-of-state peer sets for Franklin Lakes School District: closest on enrollment (1,211 students here) and closest on estimated average teacher salary ($87,666 here). Rows stay link-disjoint so each axis is a distinct neighborhood.

Enrollment and salaries from NCES CCD F-33; estimated teacher pay can diverge widely at the same student count because of state funding, cost of living, and local bargaining.

Revenue & Expenditure

$44.6M
Total Revenue
$45.9M
Total Expenditure
$14.7M
Instruction Salaries
32% of total spending

Instructional Salary by Program

$9.7M
Regular Program
$2.8M
Special Education
$0.6M
Other Programs

The teacher salaries behind this page's average are the ones NCES reports for 3 programs in Franklin Lakes School District: the regular program, special education and other programs. It reports no separate figure for vocational programs. Together they are 89% of everything the district spends on instructional salaries; the other 11% pays instructional aides, paraprofessionals, substitutes and other instructional staff who are not counted as teachers here.

New Jersey Teacher Pay Overview

The highest average among comparably sized New Jersey districts belongs to Perth Amboy Public School District at $159,259. Franklin Lakes School District sits in the upper quarter of that field at 76 of 422, nearer the ceiling than the floor. Because New Jersey prices run above the national average, this salary is worth less than the same number elsewhere; Washington and Hawaii are the states it can be compared with directly on BEA's price parity.

View all New Jersey districts →

Other New Jersey Districts

Smaller-district sample from 522 New Jersey peers; bar length shows pay magnitude within this enrollment band.

This is a sample of 6 from 522 New Jersey districts with enrollment and salary data reliable enough to compare in the NCES CCD F-33 survey.

Frequently Asked Questions about Franklin Lakes School District
What is the average teacher salary in Franklin Lakes School District?

The average teacher salary in Franklin Lakes School District is $87,666 (NCES CCD FY2023), from reported teacher salary expenditure (F-33 items Z35-Z38) divided by the district's reported teacher headcount (NCES CCD Staff Universe Survey).

How does Franklin Lakes School District teacher pay compare to the New Jersey average?

Franklin Lakes School District pays 11.5% more than the New Jersey state average of $78,597. The district's average is $87,666.

How does Franklin Lakes School District teacher pay compare to the national average?

Franklin Lakes School District pays 24.8% above the national average of $70,245. The district average is $87,666.

What is the per-pupil spending in Franklin Lakes School District?

Franklin Lakes School District spends approximately $37,868 per student annually (NCES FY2023), covering instructional salaries, support services, and administration.

What percentage of Franklin Lakes School District's budget goes to teacher salaries?

Instructional salaries account for 32% of Franklin Lakes School District's total expenditure of $45.9M (NCES FY2023).

Next read for Franklin Lakes School District
Disclaimer & data sources

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the NCES Common Core of Data (CCD). Consult a qualified professional before making decisions based on this data.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainTeacher

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