Basking Ridge is a medium-sized town located in the state of New Jersey. With a population of 27,108 people and four constituent neighborhoods, Basking Ridge is the 68th largest community in New Jersey.
Basking Ridge home prices are not only among the most expensive in New Jersey, but Basking Ridge real estate also consistently ranks among the most expensive in America.
Basking Ridge is a decidedly white-collar town, with fully 94.60% of the workforce employed in white-collar jobs, well above the national average. Overall, Basking Ridge is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Basking Ridge who work in management occupations (21.08%), sales jobs (13.10%), and business and financial occupations (12.40%).
Also of interest is that Basking Ridge has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.47% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Basking Ridge is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Basking Ridge is a great place for families with children to consider. First of all, many other families with children live here, making Basking Ridge a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Basking Ridge has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Basking Ridge’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
In Basking Ridge, however, the average commute to work is quite long. On average, people spend 31.95 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Although the majority of commuting trips in the town are by private automobile, Basking Ridge is somewhat unusual for a town of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Basking Ridge area by reducing both traffic and air pollution.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Basking Ridge. 72.94% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Basking Ridge in 2010 was $73,461, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $293,844 for a family of four.
Basking Ridge is a very ethnically-diverse town. The people who call Basking Ridge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Basking Ridge residents report their race to be White, followed by Asian. Important ancestries of people in Basking Ridge include Italian, Irish, German, English, and Polish.
Foreign born people are also an important part of Basking Ridge's cultural character, accounting for 21.71% of the town’s population.
The most common language spoken in Basking Ridge is English. Other important languages spoken here include Chinese and Spanish.