Basking Ridge is a somewhat small town located in the state of New Jersey. With a population of 7,196 people and four associated neighborhoods, Basking Ridge is the 259th largest community in New Jersey.
Basking Ridge home prices are not only among the most expensive in New Jersey, but Basking Ridge real estate also consistently ranks among the most expensive in America.
Also of interest is that Basking Ridge has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.42% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Basking Ridge is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Basking Ridge’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Basking Ridge. 72.55% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Basking Ridge in 2022 was $92,090, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $368,360 for a family of four.
Basking Ridge is a somewhat ethnically-diverse town. The people who call Basking Ridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Basking Ridge residents report their race to be White, followed by Asian. Important ancestries of people in Basking Ridge include Irish, Italian, German, English, and Norwegian.
The most common language spoken in Basking Ridge is English. Other important languages spoken here include Langs. of India and Spanish.