| ZIP Code | 07920 |
|---|---|
| City | Basking Ridge |
| State | New Jersey (NJ) |
| County | Somerset County |
| Area Code | 908/973 |
| Elevation | 318 ft |
| Latitude | 40.682268 |
|---|---|
| Longitude | -74.554143 |
| Timezone | New York (DST) |
| FIPS | 34035 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.1 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.64 |
| Below Poverty | 3.8% ▼ 62% below avg |
| College Grads | 78.4% ▲ 102% above avg |
| Unemployment | 3.6% ▼ 26% below avg |
| No HS Diploma | 185 (1%) |
| HS Graduate | 2,152 (12.1%) |
| Some College | 534 (3%) |
| Associates | 987 (5.5%) |
| Bachelors | 913 (5.1%) |
| Graduate Degree | 13,072 (73.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $184,630 ▲ 142% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $769,300 ▲ 176% above avg ↑ 16% since 2019 |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $2,330/mo ↑ 19% since 2019 |
| Total Units | 10,943 |
| Vacant Units | 311 |
| Avg HH Size | 2.64 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,943 |
|---|---|
| Vacant | 311 |
| Owner Occupied | 84.0% |
| Renter Occupied | 16.0% |
| Avg HH Size | 2.64 |
ZIP code 07920 is located in Basking Ridge, New Jersey, within Somerset County. With a population of 28,390, this is a moderately populated ZIP code with a mature community — the median age is 46.1 years. Economically, 07920 is a affluent ZIP code: the median household income of $184,630 is more than double the national average.
Real estate in ZIP code 07920 represents a premium housing market. The median home value of $769,300 is more than double the national average. Renters can expect to pay around $2,330 per month in median rent. Homeownership is strong here — 84.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 16% since 2019.
The population of 07920 is majority White (65.63%). Residents are highly educated — 78.4% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 3.8%. Household income has grown by 22% since 2019.
The unemployment rate in 07920 stands at 3.6%, which is below the national average. A notably high share of workers — 26% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 65%.
Overall, ZIP code 07920 in Basking Ridge, NJ is characterized as affluent, highly educated, a mature community, and predominantly owner-occupied. With 28,390 residents, a median household income of $184,630, and a median home value of $769,300, it offers a clear picture of life in this part of New Jersey.