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Basking Ridge, NJ
Full City Profile · New Jersey · Somerset County County
Basking Ridge, NJ
At a Glance
How Basking Ridge Compares to the U.S. Average
Each bar shows Basking Ridge's value as a percentage of the national average (100% = U.S. avg)
Is Basking Ridge a Good Place to Live?
Economy & Jobs
Basking Ridge residents earn a median household income of $200,378 , which is 167% above the national average of $75,149. Per capita income is $101,591. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). 0.9% of residents live below the poverty line. The area is home to 10,950 business establishments, including 823 restaurants.
Housing & Cost of Living
The median home value in Basking Ridge is $841,700 , 199% above the national median of $281,900. Zillow estimates the typical home at $911,467. Median rent is $565/month, with 29.8% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1971.
Safety & Crime
Basking Ridge reports 13 violent crimes per 100,000 residents , which is 97% below the national average of 380/100K. Property crime is 720/100K.
Education
73.6% of adults in Basking Ridge hold a bachelor's degree or higher (118% above the national average). 97.7% have completed high school. Local schools score 7.3/10 in standardized testing.
Climate & Weather
Basking Ridge has an average annual temperature of 51°F (11°C). Winters average 29°F in January while summers reach 74°F in July. The area gets 275 sunny days per year. Annual precipitation totals 46.7 inches. Air quality is rated Good with a median AQI of 39.