Raritan, NJ
Population 8,192 · New Jersey
About Raritan, NJ
Raritan is a small town located in New Jersey with a population of 8,192 residents according to the latest US Census Bureau American Community Survey data. The median household income is $103,699 per year, which is 38% above the national median of $75,149. The median age of 43.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Raritan features a median home value of $449,200, which is 83% above the national median of $244,900. This places Raritan in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,927, 66% above the national average of $1,163/month. Of the 3,257 total housing units, 53% are owner-occupied (1,714 units) and 47% are renter-occupied (1,495 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Raritan shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 7.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Raritan have an average one-way commute time of 21.8 minutes.
Education & Demographics
39.8% of Raritan residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.4% White, 1.0% Hispanic or Latino, 2.2% Black or African American, and 18.8% Asian residents, with 32.5% of the population being foreign-born.
Cost of Living in Raritan, NJ
Compared to national averages, Raritan has a median household income of $103,699 (38% above the national median of $75,149). Home values average $449,200, which is 83% above the national median. Monthly rent at $1,927 is 66% above the US average of $1,163. Within New Jersey, Raritan's income is 10% below the state average of $115,667, and home values are 4% below the state median of $469,644.
Why Live in Raritan, NJ?
Raritan offers a strong local economy with a median household income of $103,699, well above the national average, and a well-educated community where 39.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.0%, better than the national average. Additionally, the city features short commute times averaging just 21.8 minutes.
Potential considerations include a competitive housing market where the typical home costs $449,200. However, Raritan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Raritan has a population of 8,192 with a median age of 43.1 years. Compare Raritan with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Raritan
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oradell | 8,197 | $214,736 | $702,400 | Compare |
| Dayton | 8,241 | $141,308 | $471,700 | Compare |
| Pomona | 8,141 | $100,382 | $244,500 | Compare |
| Spotswood | 8,112 | $101,388 | $359,000 | Compare |
| Runnemede | 8,310 | $100,366 | $217,500 | Compare |
| Butler | 8,072 | $110,375 | $425,900 | Compare |
| Twin Rivers | 8,315 | $98,831 | $273,900 | Compare |
| Newton | 8,336 | $73,679 | $282,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Raritan With Other Cities
Frequently Asked Questions about Raritan
What is the population of Raritan, NJ?
The population of Raritan, NJ is 8,192 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Raritan?
The median household income in Raritan, NJ is $103,699 per year, which is 38% above the national median of $75,149.
What is the median home value in Raritan?
The median home value in Raritan, NJ is $449,200, which is 83% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Raritan?
The median monthly rent in Raritan, NJ is $1,927, which is 66% above the national average of $1,163/month.
What is the unemployment rate in Raritan?
The unemployment rate in Raritan, NJ is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Raritan, NJ a good place to live?
Raritan offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 8,192 and a median age of 43.1, the city appeals to a broad range of residents.
How educated is Raritan, NJ?
39.8% of residents in Raritan aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Raritan?
Key cost-of-living indicators for Raritan, NJ: median home value is $449,200 (83% above national), median rent is $1,927/month, and median household income is $103,699. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Raritan?
The poverty rate in Raritan, NJ is 7.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Raritan, NJ?
Raritan's population is 0.4% White, 1.0% Hispanic or Latino, 2.2% Black or African American, 18.8% Asian, and 3.7% two or more races. 32.5% of residents are foreign-born.