Basking Ridge, NJ · standard

ZIP Code 07920

Somerset County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

26,747
440/sq mi
$192,857
Median income
$799,900
Median home value
74.5%
Bachelor's or higher

The verdict

Basking Ridge pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 1%
household income, US ZIPs
Top 5%
home value, US ZIPs
440
people per sq mi
84%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 07920 against every reporting US ZIP.

ZIP code 07920 is a densely settled ZIP (a standard USPS delivery area) in Basking Ridge, Somerset County, New Jersey, with 26,747 residents across 60.8 square miles, a density of 440 people per square mile, in the New York time zone.

ZIP 07920 skews affluent, with a median household income of $192,857 (58% above the New Jersey average), while per-capita income is $109,007. Local economic indicators show a 3.7% poverty rate alongside 3.9% unemployment. The typical home here is valued at $799,900 (55% above the state average); renters pay a median of $2,476 monthly, and 83.6% of units are owner-occupied.

This is a highly-educated ZIP: 74.5% of adults hold a bachelor's degree or higher, the median age is 46, and the average commute is 32 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 07920, plus 6 more within Somerset County, give a clearer read than the national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 07920

Top 5 sectors by establishment count in Basking Ridge, NJ

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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

How ZIP 07920 ranks nationally

Basking Ridge, NJ household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$192,857 Top 1% higher than 99% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). Below this entry. $180,000–$200,000: 186 US ZIPs (1%). This entry sits in this band. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

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 07920 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 07920 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 07920 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 07920 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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.