What percentage of people rent in Basking Ridge, NJ?

16.1% (±4.7 points) of the occupied homes in Basking Ridge, NJ are rented (2020–2024 American Community Survey).

That is 480 renting households against 2,507 that own their home.

Figures last updated on .

Households that rent
16.1% (±4.7 points)
Renting households
480 (±158)
Median renter income
$22,440 (±$10,274)

Who rents and who owns in Basking Ridge

Tenure, estimate (90% margin of error)
Basking RidgeSomerset CountyNew JerseyUnited States
Renter-occupied share16.1% (±4.7 points)25.7% (±0.9 points)36.2% (±0.2 points)34.8%
Renting households480 (±158)33,615 (±1,269)1,268,573 (±8,082)45,017,354
Owning households2,507 (±263)97,187 (±1,176)2,239,128 (±10,678)84,210,142
Average renter household size1.4 (±0.2)2.4 (±0.1)2.4 (±0.0)2.3
Average owner household size2.9 (±0.2)2.8 (±0.0)2.8 (±0.0)2.6
Median renter household income$22,440 (±$10,274)$82,470 (±$5,113)$62,674 (±$718)$52,966
Median owner household income$250,000 or more$170,007 (±$3,672)$133,477 (±$624)$100,009

In Basking Ridge, the renter share is lower than in Somerset County (25.7%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Somerset County, Basking Ridge ranks 17 of 24 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 122 of 252.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Households that rent in places near Basking Ridge

Nearest places with a published estimate, compared with Basking Ridge
PlaceDistanceHouseholds that rentCompared with this place
Basking Ridge—16.1% (±4.7 points)—
Lyons1.8 mi1.6% (±2.7 points)Lower
Bernardsville Borough2.5 mi5.4% (±3.2 points)Lower
Millington3.1 mi10.5% (±5.3 points)Not measurably different
Liberty Corner3.4 mi31.7% (±12.1 points)Higher
Far Hills Borough3.5 mi12.9% (±5.3 points)Not measurably different
Long Hill Township3.8 mi10.3% (±4.1 points)Not measurably different
Harding Township4.0 mi9.8% (±7.3 points)Not measurably different
Stirling4.0 mi16.4% (±8.5 points)Not measurably different

Nearby places with a measurably lower figure: Lyons, NJ (1.6%), Bernardsville Borough, NJ (5.4%).

Nearby places with a measurably higher figure: Liberty Corner, NJ (31.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Somerset County, place by place

RankPlaceHouseholds that rent
11Somerset27.1% (±4.1 points)
12Franklin Center25.5% (±6.1 points)
13Green Knoll21.2% (±5.8 points)
14Hillsborough20.1% (±3.1 points)
15Ten Mile Run17.7% (±14.4 points)
16The Hills17.0% (±3.4 points)
17Basking Ridge16.1% (±4.7 points)
18Bridgewater Center11.0% (±6.2 points)
19Bradley Gardens9.8% (±3.5 points)
20Blackwells Mills4.9% (±3.6 points)
21Martinsville4.0% (±2.4 points)
22Weston1.7% (±2.9 points)
23Lyons1.6% (±2.7 points)

Showing 13 of 24 places in Somerset County, ranked from highest to lowest.

Basking Ridge is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Bernards Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Basking Ridge

How many renters are there in Basking Ridge?

Basking Ridge has an estimated 480 (±158) renting households, 16.1% of its occupied homes (2020–2024 American Community Survey).

How big are renting households in Basking Ridge?

A renting household in Basking Ridge has 1.4 people on average, against 2.9 in an owned home.

How much do renters earn in Basking Ridge?

The median renting household in Basking Ridge, NJ has an income of $22,440 (±$10,274) a year, against $250,000 or more for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Basking Ridge CDP, New Jersey (place:03340, in state:34).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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