Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.8 yrs |
|---|---|
| Avg HH Size | 2.46 |
| Below Poverty | 7.0% ▼ 31% below avg |
| College Grads | 61.3% ▲ 58% above avg |
| Unemployment | 5.7% ▲ 17% above avg |
| No HS Diploma | 31 (0.4%) |
| HS Graduate | 1,779 (20.6%) |
| Some College | 473 (5.5%) |
| Associates | 1,057 (12.2%) |
| Bachelors | 445 (5.2%) |
| Graduate Degree | 4,848 (56.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $115,255 ▲ 51% above avg |
|---|---|
| Median Home Value | $618,300 ▲ 122% above avg |
| Home/Income Ratio | 5.4x (nat avg ~3.5x) |
| Median Rent | $1,584/mo |
| Total Housing Units | 5,237 |
| Vacant Units | 195 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cranbury is a city in New Jersey, located in Middlesex County. The city spans 1 ZIP code and is home to approximately 12,511 residents. It is a mature city, with a median age of 47.8 years.
Economically, Cranbury is a upper-middle-income community. The median household income of $115,255 is significantly above the national average. Approximately 7.0% of residents live below the poverty line. The unemployment rate is 5.7%, above the national average.
The real estate market in Cranbury is a premium housing market. Median home values stand at $618,300, which is more than double the national average. Renters typically pay around $1,584 per month. Homeownership is high at 61.1%, typical of suburban and family-oriented communities.
The population of Cranbury is highly educated. 61.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is racially diverse, with White as the largest group at 47.2%.
Cranbury, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08512 | 12,511 | $115,255 | $618,300 | $1,584 | 5.7% | 61.3% | 61.1% |