
New Jersey · Census place 03340
Basking Ridge, NJ population, income and ZIP codes
Quick answer
The population of the city of Basking Ridge, New Jersey (Basking Ridge, NJ — Census place “Basking Ridge CDP”) is 7,882 residents, ranking #210 of 700 places in New Jersey. Median household income is $200,378, the median home is worth $841,700 and median gross rent runs $565 a month. Looking for the Basking Ridge New Jersey ZIP code list? 1 ZIP codes serve Basking Ridge, NJ: 07920.
- Population
- 7,882Basking Ridge CDP residents
- Median household income
- $200,378Past 12 months, inflation adjusted
- Median home value
- $841,700Owner-occupied units
- Median gross rent
- $565Rent plus utilities, monthly
- Median age
- 46.6 yrsAll residents
- Homeownership rate
- 84.6%Owner-occupied households
Basking Ridge ZIP codes (New Jersey)
Census ZCTAs whose delivery area overlaps Basking Ridge.
The Basking Ridge NJ ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Basking Ridge CDP
Housing cost measured against local earnings.
A household earning the Basking Ridge CDP median would spend about 3.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.6% of residents and 84.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Basking Ridge CDP, NJ in context
How this area compares with national benchmarks.
Basking Ridge CDP is a mid-size town in New Jersey, with 7,882 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #210 of 700 ranked by population — larger than 70% of them. The median age here is 46.6 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.
Households in Basking Ridge CDP earn a median of $200,378 a year, 155.1% above the national figure of $78,538 and 87% above the $106,926 median for the 543 New Jersey cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 3.6% of residents here, less than half the 12.4% national rate.
The typical owner-occupied home in Basking Ridge CDP is valued at $841,700, 177.4% above the national figure and 104% above the $412,500 peer median, while median gross rent runs $565 a month, 59.8% below the national figure, or roughly $6,780 across a full year. A household on the local median income would put about 3.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 4.2×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 84.6% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.
No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in New Jersey.
- Bernardsville borough 7,871
- Watsessing CDP 7,944
- Glen Ridge borough 7,827
- Carneys Point CDP 7,945
- Fanwood borough 7,714
- Crestwood Village CDP 7,951
- Dunellen borough 7,711
- Fort Dix CDP 8,034
Keep going
More New Jersey coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Basking Ridge CDP?
- Basking Ridge CDP has 7,882 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #210 of 700 in New Jersey.
- What is the median household income in Basking Ridge CDP?
- Median household income in Basking Ridge CDP is $200,378 a year, 155.1% above the national figure of $78,538.
- How much does it cost to rent or buy in Basking Ridge CDP?
- Median gross rent is $565 a month and the median home value is $841,700, so rent absorbs about 3.4% of median household income.
- Is Basking Ridge CDP affordable compared with the rest of the US?
- Homes cost about 4.2× the local median income here versus roughly 3.9× nationally, so Basking Ridge CDP is less affordable to buy in than the typical US market, and rent takes 3.4% of median income against the 30% cost-burden line.
- How current is this Basking Ridge CDP data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.