At a Glance
Median Income
$200,378
$101,591 per capita
Home Value
$841,700
Zillow: $951,080
Median Rent
$565/mo
29.8% of income on rent
Bachelor's Degree+
73.6%
97.7% high school+
Unemployment
6.4%
0.9% poverty rate
Obesity Rate
24.7%
7.2% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Basking Ridge a Good Place to Live?
A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
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 6.4% (78% 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 $951,080. 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.
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 53°F (11°C).
Winters average 30°F in January while summers reach 75°F in July. Annual precipitation totals 45.5 inches.
Data Overview
People
Population7,882
Median Age46.6 yrs
Density1,168/mi²
Male / Female48% / 52%
Foreign Born12.3%
Veterans6.4%
Economy
A
Median Income$200,378
Per Capita$101,591
Unemployment6.4%
Poverty0.9%
County GDP$54,494M
Avg Weekly Wage$2,046
Housing
A
Home Value$841,700
Rent$565
Ownership84.6%
Zillow$951,080
Housing Units2,890
Rent Burden29.8%
Health
Obesity24.7%
Diabetes6.7%
Smoking7.2%
Heart Disease3.7%
Premature Death4,545/100K
Climate
Avg Temp53°F
Rain45.5 in/yr
Elevation356 ft
Education
A+
Bachelor's+73.6%
High School+97.7%
Graduate+36.3%
School Score7.3/10
Community
2024 VoteR 42% / D 56%
Commute29 min
Broadband93.5%
Internet Speed146 Mbps
EV Stations13
Libraries17
Did You Know?
The median home in Basking Ridge was built in 1971.
25.7% work from home.
The nearest airport is Central Jersey Regional (13 miles).
The Gini coefficient (income inequality) is 0.462 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
9.5% of the population has a disability.
12.3% of residents are foreign-born.
Average internet download speed is 146 Mbps.
There are 823 restaurants in the area.
The county recorded 17 fatal vehicle crashes.