Zip Code
07920
City
Basking Ridge, NJ
Population & Migration
What is the forecasted population for Zip code 07920 Basking Ridge, NJ?
- Population census 2020
- 27,150
- Forecasted population 2025
- 28,544
- 5.1% vs. 2020
- Forecasted population 2030
- 29,124
- 7.3% vs. 2020
Zip code 07920 Basking Ridge, NJ population is forecasted to grow 5.1% by 2025 (0.4 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 28,544 people for 2025 zip code 07920 Basking Ridge, NJ will generate a good demand for housing, which is expected to have a deficit of 741 houses for 2030. Vacancy rate is 7.3 points below national US average.
- Total homes available 2020
- 10,200
- Estimated total home demand in 2030
- 10,941
- Total homes balance inventory
- 741
Average Household Income in zip code 07920 Basking Ridge, NJ
from Internal Revenue Service
- Average household income in 2021
- $239,805
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 07920 Basking Ridge, NJ?
County total number of drinking water violations
371
+52%
244
County total number of drinking water contaminations
35
+46%
24
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