What is the median household income in Branchburg Township, NJ?
The median household income in Branchburg Township, NJ is $168,832 (±$15,209) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,268 a month would take about $90,700 a year at the common guideline of spending no more than 30% of income on rent.
In Branchburg Township, the median household income went from $138,603 in 2015–2019 to $168,832 in 2020–2024 (+21.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $168,832 (±$15,209)
- Median renter income
- $96,094 (±$23,314)
- Income to afford median rent
- about $90,700
Income in Branchburg Township against Somerset County, its state and the nation
| Branchburg Township | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $168,832 (±$15,209) | $140,374 (±$3,294) | $103,556 (±$513) | $80,734 |
| Median renter household income | $96,094 (±$23,314) | $82,470 (±$5,113) | $62,674 (±$718) | $52,966 |
| Median owner household income | $187,691 (±$18,208) | $170,007 (±$3,672) | $133,477 (±$624) | $100,009 |
| Median gross rent | $2,268 (±$138) | $2,033 (±$52) | $1,720 (±$7) | $1,413 |
In Branchburg Township, median household income is higher than in Somerset County ($140,374).
It is also higher than in New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Somerset County, Branchburg Township ranks 9 of 21 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 89 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Branchburg Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,268 a month ($27,216 a year) needs an income of about $90,700 a year.
The median renting household in Branchburg Township earns $96,094 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $138,603 (±$11,779) | $168,832 (±$15,209) | +21.8% | No measurable change after inflation |
| Median gross rent | $1,546 (±$189) | $2,268 (±$138) | +46.7% | Up after inflation |
| Median home value | $479,100 (±$17,218) | $610,800 (±$28,461) | +27.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Branchburg Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Branchburg Township | — | $168,832 (±$15,209) | — |
| Bradley Gardens | 2.9 mi | $177,849 (±$17,319) | Not measurably different |
| Readington Township | 3.3 mi | $157,625 (±$8,667) | Not measurably different |
| Raritan Borough | 3.8 mi | $107,672 (±$8,453) | Lower |
| Bridgewater Center | 4.7 mi | $205,595 (±$19,313) | Higher |
| Hillsborough | 4.9 mi | $144,112 (±$6,095) | Lower |
| Hillsborough Township | 4.9 mi | $154,031 (±$7,349) | Not measurably different |
| White House Station | 5.2 mi | $110,483 (±$30,514) | Lower |
| Somerville Borough | 5.7 mi | $103,760 (±$9,316) | Lower |
Nearby places with a measurably lower figure: Raritan Borough, NJ ($107,672), Hillsborough, NJ ($144,112), White House Station, NJ ($110,483).
Nearby places with a measurably higher figure: Bridgewater Center, NJ ($205,595).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Somerset County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Green Brook Township | $208,375 (±$44,931) |
| 4 | Warren Township | $204,063 (±$23,194) |
| 5 | Peapack and Gladstone Borough | $202,578 (±$29,051) |
| 6 | Bernards Township | $194,107 (±$16,793) |
| 7 | Watchung Borough | $173,672 (±$13,493) |
| 8 | Bridgewater Township | $172,851 (±$9,619) |
| 9 | Branchburg Township | $168,832 (±$15,209) |
| 10 | Hillsborough Township | $154,031 (±$7,349) |
| 11 | Rocky Hill Borough | $148,056 (±$46,157) |
| 12 | Far Hills Borough | $143,250 (±$38,289) |
| 13 | Millstone Borough | $141,709 (±$12,192) |
| 14 | Franklin Township (Somerset County) | $124,648 (±$7,432) |
| 15 | Bedminster Township | $123,709 (±$11,614) |
Showing 13 of 21 places in Somerset County, ranked from highest to lowest.
The figures for Branchburg Township include the places inside it that have pages of their own: Neshanic Station.
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 Branchburg Township
What is the median household income in Branchburg Township?
The median household income in Branchburg Township is $168,832 (±$15,209) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Branchburg Township?
About $90,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,268 a month.
Have incomes in Branchburg Township kept up with inflation?
In Branchburg Township, the median household income went from $138,603 in 2015–2019 to $168,832 in 2020–2024 (+21.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Branchburg Township?
The median renting household in Branchburg Township, NJ earns $96,094 (±$23,314) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Branchburg township, Somerset County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Branchburg township, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Branchburg township, Somerset County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Branchburg township, Somerset County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Branchburg township, Somerset County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Branchburg township, Somerset County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Branchburg township, Somerset County, New Jersey (county subdivision:07180, in state:34 county:035).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 .
Related
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- Renters and owners in Branchburg Township
- Home values in Branchburg Township
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- Property taxes in Branchburg Township
- Types of homes in Branchburg Township
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- Age of homes in Branchburg Township
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- Population growth in Branchburg Township
- How long people stay in Branchburg Township
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- New Jersey landlord and tenant rules
- Housing across Somerset County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey