Cranbury, NJ

Full City Profile · New Jersey · Mercer County County

4.8 /5.0
A+ Excellent
2,304 Population 1,889/sq mi density
$230,703 Median Income $90,408 per capita
$794,500 Home Value $453,908 Zillow
$1,594 Median Rent 22.5% income on rent
53°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.7 / 5.0
$230,703 median income, 4.0% unemployment
A+
Affordability
4.7 / 5.0
$794,500 home value, $1,594/mo rent
A+
Education
5.0 / 5.0
75.8% bachelor's degree or higher

Cranbury, NJ

At a Glance

Median Income
$230,703
207% above
$90,408 per capita
Home Value
$794,500
182% above
Zillow: $453,908
Median Rent
$1,594/mo
37% above
22.5% of income on rent
Bachelor's Degree+
75.8%
125% above
98.2% high school+
Unemployment
4.0%
11% above
2.4% poverty rate
Obesity Rate
25.7%
20% below
6.5% smoking rate
Avg Temperature
53°F

How Cranbury Compares to the U.S. Average

Each bar shows Cranbury's value as a percentage of the national average (100% = U.S. avg)

Income
307%
Home Value
282%
Rent
137%
Poverty
19%
Bachelor's
225%
Unemployment
111%
Thin vertical line = U.S. national average (100%)

Is Cranbury a Good Place to Live?

A+
4.8 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cranbury residents earn a median household income of $230,703 , which is 207% above the national average of $75,149. Per capita income is $90,408. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). 2.4% of residents live below the poverty line. The area is home to 11,677 business establishments, including 877 restaurants.

Housing & Cost of Living

The median home value in Cranbury is $794,500 , 182% above the national median of $281,900. Zillow estimates the typical home at $453,908. Median rent is $1,594/month, with 22.5% 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 1960.

Education

75.8% of adults in Cranbury hold a bachelor's degree or higher (125% above the national average). 98.2% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Cranbury has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 75°F in July. Annual precipitation totals 47.5 inches. Air quality is rated Good with a median AQI of 43.

Data Overview

People

Population2,304
Median Age51.6 yrs
Density1,889/mi²
Male / Female53% / 47%
Foreign Born25.3%
Veterans7.5%

Economy

A+
Median Income$230,703
Per Capita$90,408
Unemployment4.0%
Poverty2.4%
County GDP$56,807M
Avg Weekly Wage$1,740

Housing

A+
Home Value$794,500
Rent$1,594
Ownership86.0%
Zillow$453,908
Housing Units861
Rent Burden22.5%

Health

Obesity25.7%
Diabetes7.0%
Smoking6.5%
Heart Disease3.5%
Premature Death7,664/100K

Climate

Avg Temp53°F
Rain47.5 in/yr
AQI43 (Good)
Elevation97 ft

Education

A+
Bachelor's+75.8%
High School+98.2%
Graduate+35.7%
School Score6.0/10

Community

2024 VoteR 32% / D 66%
Commute38 min
Broadband97.0%
Internet Speed172 Mbps
EV Stations2
Libraries14

Did You Know?

The median home in Cranbury was built in 1960.
37.1% work from home.
The nearest airport is Central Jersey Regional (15 miles).
The Gini coefficient (income inequality) is 0.502 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
7.8% of the population has a disability.
25.3% of residents are foreign-born.
Average internet download speed is 172 Mbps.
There are 877 restaurants in the area.
The county recorded 26 fatal vehicle crashes.