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Basking Ridge CDP, NJ
ZIP 07920 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
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Income, employment, industries, and economic trends
Income & Economy in Basking Ridge CDP, NJ (07920)
Median Income
$184,630
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,827
Wealth inflow
Population
28,390
Unemployment
3.6%
0.1pp below US avg
IRS migration statistics show a net inflow of about 1,827 for ZIP 07920 (Basking Ridge CDP, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 07920 (2020–Present)
Since 2020, population grew 4.6%, median income rose 3.2% (inflation-adjusted), home values decreased 1.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $184,630 |
| Unemployment | 3.6% |
| Establishments | 591 |
| Employees | 15,374 |