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.Basking Ridge is a decidedly white-collar town, with fully 97.22% of the workforce employed in white-collar jobs, well above the national average. Overall, Basking Ridge is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Basking Ridge who work in management occupations (19.72%), sales jobs (14.58%), and business and financial occupations (14.38%). 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. Because of many things, Basking Ridge is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Basking Ridge really has some of the features that families look for when choosing a good community to raise children. Is Basking Ridge perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.If knowledge is power, Basking Ridge is a pretty powerful place. 72.55% of the adults in Basking Ridge have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. 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.
