Last updated: 2024 BLS data · Page refreshed:
Basking Ridge has a population of 7,917 with a median age of 46.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,917 |
| Median Age | 46.7 |
| White | 79.9% |
| Asian | 11.3% |
| Hispanic or Latino | 6.2% |
| Other / Two or More Races | 2.6% |
The median household income in Basking Ridge is $188,295, which is 133.6% above the national median of $80,610. The per capita income is $108,947. The poverty rate is 3.3%.
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In Basking Ridge, 97.0% of residents age 25+ have a high school diploma or higher, and 74.3% hold a bachelor's degree or higher (37.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.0% |
| Bachelor's Degree or Higher | 74.3% |
| Graduate or Professional Degree | 37.2% |
The median home value in Basking Ridge is $851,200, above the national median of $303,400. The median monthly rent is $546. The homeownership rate is 83.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $851,200 |
| Median Monthly Rent | $546 |
| Homeownership Rate | 83.9% |
| Vacancy Rate | 1.8% |
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