Is Basking Ridge, NJ a Good Place to Live?
Basking Ridge is a small town of 7,905 in New Jersey, with a median household income of $183,611 and a 7.0% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.
Strengths: Basking Ridge stands out for solid school ratings (A+), a well-educated population.
Trade-offs: Potential downsides include an above-average cost of living, high home prices, an elevated unemployment rate. Whether Basking Ridge is right for you depends on your priorities — the full breakdown is below.
All Basking Ridge city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 112.5Basking Ridge's overall cost of living index is 112.5, where 100 represents the US national average. Living in Basking Ridge costs roughly 12% more than the average American city.
| Metric | Basking Ridge, NJ | National Avg |
|---|---|---|
| Median Home Value | $819,200 | $244,900 |
| Median Monthly Rent | $533 | $1,163 |
| Homeownership Rate | 82.8% | 65.9% |
| Median Household Income | $183,611 | $74,755 |
Crime & Safety
Very SafeBasking Ridge's violent crime rate is 20.4 per 100,000 residents — 95% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Basking Ridge is served primarily by Bernards Township School District. The student-to-teacher ratio is 11.0:1 (better than the national average of ~16:1).
| Metric | Basking Ridge, NJ | National Avg |
|---|---|---|
| School District | Bernards Township School District | — |
| Elementary Schools | 4 | — |
| Middle Schools | 1 | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 11.0:1 | 16:1 |
| Bachelor's Degree or Higher | 72.5% | 35.4% |
| High School Diploma or Higher | 97.8% | 91.1% |
Weather & Climate
Basking Ridge sees average highs of 38.7°F in January and 85.5°F in July, with 49.1 inches of annual precipitation and 29.6 inches of snow per year.
| Metric | Basking Ridge, NJ |
|---|---|
| Average High — January | 38.7°F |
| Average High — July | 85.5°F |
| Annual Precipitation | 49.1" |
| Annual Snowfall | 29.6" |
Demographics
| Metric | Basking Ridge, NJ | National Avg |
|---|---|---|
| Population | 7,905 | — |
| Median Age | 47.0 | 38.9 |
| Unemployment Rate | 7.0% | 3.7% |
| Avg Commute Time | 27.5 min | 26 min |
| White (non-Hispanic) | 86.1% | 59.3% |
| Black or African American | 0.3% | 13.6% |
| Hispanic or Latino | 2.1% | 18.9% |
| Asian | 8.9% | 6.3% |
| Under 18 | 23.5% | 22.2% |
| 65 and over | 20.1% | 16.8% |
Nearby Cities
ZIP Codes in Basking Ridge
Basking Ridge, NJ is covered by 1 ZIP code: