Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.1 yrs |
|---|---|
| Avg HH Size | 2.54 |
| Below Poverty | 7.0% ▼ 30% below avg |
| College Grads | 50.5% ▲ 30% above avg |
| Unemployment | 5.4% ▲ 11% above avg |
| No HS Diploma | 120 (2.1%) |
| HS Graduate | 1,617 (28.5%) |
| Some College | 608 (10.7%) |
| Associates | 461 (8.1%) |
| Bachelors | 609 (10.7%) |
| Graduate Degree | 2,254 (39.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $103,699 ▲ 36% above avg |
|---|---|
| Median Home Value | $449,200 ▲ 61% above avg |
| Home/Income Ratio | 4.3x (nat avg ~3.5x) |
| Median Rent | $1,927/mo |
| Total Housing Units | 3,257 |
| Vacant Units | 48 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Raritan is a city in New Jersey, located in Somerset County. The city spans 1 ZIP code and is home to approximately 8,192 residents. It is a middle-aged city, with a median age of 43.1 years.
Economically, Raritan is a upper-middle-income community. The median household income of $103,699 is above the national average. Approximately 7.0% of residents live below the poverty line. The unemployment rate is 5.4%, near the national average.
The real estate market in Raritan is a premium housing market. Median home values stand at $449,200, which is significantly above the national average. Renters typically pay around $1,927 per month.
The population of Raritan is well-educated. 50.5% of adults hold a bachelor's degree or higher — above the national average. The community is racially diverse, with White as the largest group at 49.1%.
Raritan, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08869 | 8,192 | $103,699 | $449,200 | $1,927 | 5.4% | 50.5% | 53.4% |