ZIP Code 07920

standard

Source:

Basking Ridge · Somerset County · New Jersey

Population
26,747

440/sq mi

Median income
$192,857

▲ 153% vs US

higher than 99% of US ZIPs

Median home value
$799,900

▲ 188% vs US

higher than 95% of US ZIPs

Bachelor's or higher
74.5%

Median age 46

Land area
60.8 sq mi

New York

ZIP code 07920 in Basking Ridge, New Jersey has a population of 26,747. The median household income is $192,857, which is 153% above the national average. Median home value is $799,900, 188% above the US average. 74.5% of residents hold a bachelor's degree or higher.

ZIP code 07920 is classified by USPS as a standard delivery area and covers roughly 60.8 square miles in Basking Ridge, Somerset County, New Jersey. The area is home to 26,747 residents, producing a population density of 440 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 07920 against New Jersey and the nation.

On the economic side, the median household income for ZIP 07920 sits at $192,857 (58% above the New Jersey average), while per-capita income is $109,007. The poverty rate stands at 3.7% and the unemployment rate at 3.9%. On housing, the median home value is $799,900 (55% above the state average) with median rent at $2,476 per month, and 83.6% of occupied units are owner-occupied, a direct signal of whether 07920 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 74.5% of adults hold a bachelor's degree or higher, the median age is 46, and the average commute is 32 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Somerset County, so you can benchmark 07920 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 07920

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 07920.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 07920, Basking Ridge, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

26,747

Population

60.8

Area (sq mi)

440

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 07920?

46.0

Median Age

50.4%

Male

49.6%

Female

24.9%

Foreign-Born

White 65.6%
African American 1.0%
Asian 25.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.3%
Hispanic or Latino 5.9%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$192,857

Median Household Income

+58% vs state

$109,007

Per Capita Income

3.7%

Poverty Rate

3.9%

Unemployment Rate

32.3 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 84.4%
Bachelor's Degree or Higher 74.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

10,973

Total Housing Units

10,770

Occupied Units

203

Vacant Units

2.63

Avg Household Size

Occupancy Type

Owner 83.6%
Renter 16.4%

$799,900

Median Home Value

+55% vs state

$2,476

Median Rent

1986

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+11.3%

YoY Change (2024)

233

HPI Index (2000 = 100)

+133%

Total Change Since 2000

Home values in ZIP 07920 have increased 11.3% over the past year (2024). Since 2000, this ZIP has seen +133% cumulative appreciation.

Year Annual Change HPI Index
2020 -0.6% 166
2021 +4.1% 173
2022 +12.7% 195
2023 +7.4% 210
2024 +11.3% 233

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 591 business establishments in ZIP 07920, employing approximately 15,374 people with a combined annual payroll of $2,284,775,000.

591

Businesses

15,374

Employees

$2.3B

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 134 22.7%
Health care and social assistance 80 13.5%
Accommodation and food services 47 8.0%
Construction 46 7.8%
Finance and insurance 46 7.8%
Administrative and support and waste management and remediation services 43 7.3%
Other services (except public administration) 39 6.6%
Retail trade 34 5.8%
Information 28 4.7%
Real estate and rental and leasing 28 4.7%
Wholesale trade 25 4.2%
Educational services 15 2.5%
Arts, entertainment, and recreation 12 2.0%
Transportation and warehousing 6 1.0%
Management of companies and enterprises 6 1.0%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 07920 vs 07939 →

ZIP Code City Population Distance
07939 Lyons, NJ 228 0.9 mi
07946 Millington, NJ 3,144 2.7 mi
07980 Stirling, NJ 2,307 3.6 mi
07924 Bernardsville, NJ 7,534 3.6 mi
08836 Martinsville, NJ 3,845 5.7 mi
07059 Warren, NJ 15,311 4.1 mi
07933 Gillette, NJ 3,251 5.2 mi
07931 Far Hills, NJ 3,296 5.2 mi
07976 New Vernon, NJ 754 5.1 mi
07977 Peapack, NJ 669 5.6 mi

More ZIP Codes in Somerset County

Frequently Asked Questions

What county is ZIP code 07920 in?
ZIP code 07920 (Basking Ridge) is located in Somerset County, New Jersey. Somerset County contains multiple ZIP codes, see the full list at /counties/somerset-nj.
What is the population of ZIP code 07920?
ZIP code 07920 in Basking Ridge, NJ has a population of 26,747 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07920?
The median household income in ZIP 07920 is $192,857, which is 153% above the national average of $76,288.
What is the average home value in ZIP 07920?
The median home value in ZIP 07920 is $799,900, which is 188% above the national average of $278,155.
What is the demographic makeup of ZIP 07920?
The largest racial group in ZIP 07920 is White at 65.6%. Hispanic or Latino residents make up 5.9% of the population.
How many businesses are in ZIP code 07920?
ZIP code 07920 has 591 business establishments employing approximately 15,374 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07920?
The top industries by establishment count in ZIP 07920 are: Professional, scientific, and technical services (134), Health care and social assistance (80), Accommodation and food services (47). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 07920?
According to the FHFA House Price Index, home values in ZIP 07920 increased by 11.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 133%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 07920?
In ZIP code 07920, 84.4% of residents aged 25+ have a high school diploma or higher, and 74.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 07920?
The mean commute time for workers in ZIP code 07920 is 32.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 07920?
In ZIP code 07920, approximately 83.6% of occupied housing units are owner-occupied and 16.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07920?
The poverty rate in ZIP code 07920 is 3.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Basking Ridge, NJ

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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