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Raritan, NJ

Full City Profile · New Jersey · Somerset County County

3.5 /5.0
B+ Good
8,192 Population 4,117/sq mi density
$103,699 Median Income $56,989 per capita
$449,200 Home Value $532,498 Zillow
$1,927 Median Rent 28.0% income on rent
51°F Avg Temperature 275 sunny days/yr
75 Violent Crime/100K 763 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$103,699 median income, 4.1% unemployment
A
Affordability
4.2 / 5.0
$449,200 home value, $1,927/mo rent
F
Safety
1.0 / 5.0
75 violent crimes/100K
A
Education
4.2 / 5.0
39.8% bachelor's degree or higher

Income Overview

Median Household Income
$103,699
38% above
US avg: $75,149
Per Capita Income
$56,989
46% above
US avg: $39,052
Unemployment Rate
4.1%
14% above
US avg: 3.6%
Poverty Rate
5.0%
60% below
US avg: 12.4%

Income Comparison: Raritan vs. U.S. Average

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

Median Household
US: $75,149
$103,699
138%
Per Capita
US: $39,052
$56,989
146%
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
22 min
21% below US avg (28 min)
Work From Home
14.1%
7% below US avg (15.2%)
Drive Alone
76.5%
5% above US avg (73.2%)
Public Transit
1.8%
63% below US avg (5.0%)
County GDP
$54,494M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.5%
Public Transit 1.8%
Work From Home 14.1%
Other 7.6%
Average commute time
22 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$103,699
Per Capita Income$56,989
IRS Avg Adjusted Gross Income$152,534
Avg Weekly Wage$2,046
County GDP$54,494M

Hardship Indicators

Unemployment Rate4.1%
Poverty Rate5.0%
Gini Coefficient0.462
Cost of Living Index108.8

Commute

Mean Commute22 minutes
Drive Alone76.5%
Public Transit1.8%
Work From Home14.1%

Businesses

Total Establishments10,950
Restaurants823
Healthcare1,266
Retail1,003
Manufacturing243

Tax

IRS Avg AGI$152,534
Avg Property Tax$13,089