Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.1 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $769,300 ▲ 176% above avg |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $2,330/mo |
| Total Housing Units | 10,943 |
| Vacant Units | 311 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Basking Ridge is a city in New Jersey, located in Somerset County. The city spans 1 ZIP code and is home to approximately 28,390 residents. It is a mature city, with a median age of 46.1 years.
Economically, Basking Ridge is a affluent community. The median household income of $184,630 is more than double the national average. Approximately 3.8% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.
The real estate market in Basking Ridge is a premium housing market. Median home values stand at $769,300, which is more than double the national average. Renters typically pay around $2,330 per month. Homeownership is high at 84.0%, typical of suburban and family-oriented communities.
The population of Basking Ridge is highly educated. 78.4% of adults hold a bachelor's degree or higher — more than double the national average. The community is majority White (65.63%).
Basking Ridge, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07920 | 28,390 | $184,630 | $769,300 | $2,330 | 3.6% | 78.4% | 84.0% |