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ZipNumbers

New Jersey · Census place 61980

Raritan borough, NJ

Quick answer

Raritan borough has 8,192 residents, ranking #201 of 700 places in New Jersey. Median household income is $103,699, the median home is worth $449,200 and median gross rent runs $1,927 a month.

Population
8,192Raritan borough residents
Median household income
$103,699Past 12 months, inflation adjusted
Median home value
$449,200Owner-occupied units
Median gross rent
$1,927Rent plus utilities, monthly
Median age
43.1 yrsAll residents
Homeownership rate
53.4%Owner-occupied households

What the numbers mean in Raritan borough

Housing cost measured against local earnings.

A household earning the Raritan borough median would spend about 22.3% 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 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7% of residents and 53.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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