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Basking Ridge, NJ
Full City Profile · New Jersey · Somerset County County
3.8
/5.0
B+
Good
7,882
Population
1,168/sq mi density
$200,378
Median Income
$101,591 per capita
$841,700
Home Value
$911,467 Zillow
$565
Median Rent
29.8% income on rent
51°F
Avg Temperature
275 sunny days/yr
13
Violent Crime/100K
720 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$200,378 median income, 3.8% unemployment
A
Affordability
4.3 / 5.0
$841,700 home value, $565/mo rent
F
Safety
1.3 / 5.0
13 violent crimes/100K
A+
Education
5.0 / 5.0
73.6% bachelor's degree or higher
Income Overview
Median Household Income
$200,378
167% above
US avg: $75,149
Per Capita Income
$101,591
160% above
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
0.9%
93% below
US avg: 12.4%
Income Comparison: Basking Ridge vs. U.S. Average
Each bar shows Basking Ridge’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$200,378
267%
Per Capita
US: $39,052
$101,591
260%
IRS Avg AGI
US: $72,000
$152,534
212%
Avg Weekly Wage
US: $1,432
$2,046
143%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$2,046
43% above US avg ($1,432)
Mean Commute Time
29 min
3% above US avg (28 min)
Work From Home
25.7%
69% above US avg (15.2%)
Drive Alone
64.4%
12% below US avg (73.2%)
Public Transit
5.8%
16% above US avg (5.0%)
County GDP
$54,494M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
64.4%
Public Transit
5.8%
Work From Home
25.7%
Other
4.1%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
10,950
Restaurants
823
Healthcare
1,266
Retail
1,003
Manufacturing
243
Tax & Financial
IRS Avg Adjusted Gross Income
$152,534
112% above US avg ($72,000)
Avg Property Tax
$13,089
274% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $200,378 |
| Per Capita Income | $101,591 |
| IRS Avg Adjusted Gross Income | $152,534 |
| Avg Weekly Wage | $2,046 |
| County GDP | $54,494M |
Hardship Indicators
| Unemployment Rate | 3.8% |
| Poverty Rate | 0.9% |
| Gini Coefficient | 0.462 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 64.4% |
| Public Transit | 5.8% |
| Work From Home | 25.7% |
Businesses
| Total Establishments | 10,950 |
| Restaurants | 823 |
| Healthcare | 1,266 |
| Retail | 1,003 |
| Manufacturing | 243 |
Tax
| IRS Avg AGI | $152,534 |
| Avg Property Tax | $13,089 |