Raritan is a somewhat small borough located in the state of New Jersey. With a population of 9,123 people and two associated neighborhoods, Raritan is the 245th largest community in New Jersey.
Housing costs in Raritan are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that Raritan 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: 13.81% 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.
The population of Raritan is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 37.36% of adults in Raritan have a bachelor's degree or even advanced degree.
The per capita income in Raritan in 2022 was $56,129, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $224,516 for a family of four.
Raritan is an extremely ethnically-diverse borough. The people who call Raritan home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Raritan residents report their race to be White, followed by Asian. Raritan also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 20.99% of the borough’s residents. Important ancestries of people in Raritan include Italian, German, Irish, Polish, and English.
Foreign born people are also an important part of Raritan's cultural character, accounting for 31.83% of the borough’s population.
The most common language spoken in Raritan is English. Other important languages spoken here include Spanish and Tagalog.