Franklin, NJ's Data
About Franklin, NJ's
Franklin borough, commonly referred to as Franklin, is located in Sussex County, New Jersey. Known as the 'Fluorescent Mineral Capital of the World,' Franklin boasts a rich history tied to its mineral wealth. The borough was officially incorporated in 1913 from portions of Hardyston Township. It has a unique geological significance due to its rich deposits of zinc and iron along with over 150 minerals, some of which are found nowhere else on earth.
City: Franklin
State: New Jersey
Country: United States
Population: Approximately 5,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Franklin, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in Franklin, NJ
Franklin Mineral Museum - Showcases a large collection of local and worldwide mineral specimens, mining artifacts, and fluorescent minerals.
Sterling Hill Mining Museum - Offers underground mine tours and exhibits on mining technology and the area's geology.
Littell Community Center - Hosts various community events, sports activities, and recreational programs.
Franklin Pond - A popular spot for fishing, boating, and seasonal outdoor activities.
Wallkill River National Wildlife Refuge - A habitat for a diverse range of wildlife and a destination for hiking, bird-watching, and nature photography.
The Economy of Franklin, NJ
The economy of Franklin borough historically revolved around mining, particularly zinc and iron ore, which significantly contributed to the local and regional development. Although the mining operations have ceased, the legacy continues to influence the local economy, with tourism related to its mining history and geology playing a significant role. Small businesses, retail, and services also contribute to the economic landscape of Franklin.
Franklin, NJ Inflation
Understanding the BLS and Inflation in Franklin, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Franklin, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Franklin, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Franklin, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Franklin, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Franklin, NJ
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