Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Basking Ridge CDP, New Jersey?
City · Census ACS 5-Year estimates
The median gross rent in Basking Ridge CDP, New Jersey is $546/month (±$205), based on Census ACS 5-Year estimates (2024). The median home value is $851,200 (±$32,792), and the median household income is $188,295/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Basking Ridge CDP, New Jersey
| Metric | Value |
|---|---|
| Median Gross Rent | $546 |
| Median Home Value | $851,200 |
| Median Household Income | $188,295 |
| Total Housing Units | 2,987 |
| Renter-Occupied Units | 480 |
| Renter-Occupied Share | 16% |
| Households Paying 50%+ Income | 60 households |
How does Basking Ridge CDP, New Jersey compare?
Median gross rent ranked against all cities in New Jersey.
Higher rent than 0% of cities in New Jersey · 533th of 533
| # | City | Value |
|---|---|---|
| 1 | Rumson borough | $3,501 |
| 1 | Brookside CDP | $3,501 |
| 1 | Mendham borough | $3,501 |
| … 527 more … | ||
| 531 | Cedar Glen West CDP | $740 |
| 532 | Lincroft CDP | $685 |
| 533 | Basking Ridge CDP(you are here) | $546 |
More data for Basking Ridge CDP, New Jersey
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Frequently asked questions
What is the average rent in Basking Ridge CDP, New Jersey?
The median gross rent in Basking Ridge CDP, New Jersey is $546/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Basking Ridge CDP, New Jersey?
The median rent for a 2-bedroom in Basking Ridge CDP, New Jersey is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Basking Ridge CDP, New Jersey?
The median home value in Basking Ridge CDP, New Jersey is $851,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Basking Ridge CDP are rent-burdened?
In Basking Ridge CDP, New Jersey, 60 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Basking Ridge CDP, New Jersey?
The median household income in Basking Ridge CDP, New Jersey is $188,295/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $546 has a margin of error of ±$205. In very small areas, MOEs can be large relative to the estimate.
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