Township Of Cranbury NJ Demographic Data and Boundary Map

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Township Of Cranbury, NJ

The Township Of Cranbury is a County Subdivision of Middlesex County. The subdivision has a T1 Census Class Code which indicates that the Township Of Cranbury is an active county subdivision that is not coextensive with an incorporated place.

Also See: Middlesex County Data | Cities in Middlesex County | County Subdivisions in Middlesex County

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  1. Township Of Cranbury 2019 Demographic Data
  2. Growth Rates for Township Of Cranbury (Historical & 5-Year Forecast)
  3. Neighborhoods Demographics (Home Values, Household Income, etc.)
  4. New Jersey Research Tools (Easy Tools & Current Data)
  5. New Jersey Data Comparison Tool - 2019 Demographics

Township Of Cranbury Boundary Map


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Township Of Cranbury Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Township Of Cranbury Housing Affordability Index is 103
State of New Jersey Housing Affordability Index is 91
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Township Of Cranbury Wealth Index is 351
State of New Jersey Wealth Index is 148
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

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POPULATION

Total Population 3,789
Population in Households 3,661
Population in Familes 3,344
Population in Group Qrtrs 128
Population Density 286
Diversity Index1 47
 

INCOME

Median Household Income $164,483
Average Household Income $234,882
Per Capita Income $80,077
Wealth Index3 351

HOUSING

Total Housing Units 1,393 (100%)
Owner Occupied HU 1,057 (75.9%)
Renter Occupied HU 234 (16.8%)
Vacant Housing Units 102 ( 7.3%)
Median Home Value $700,173
Housing Affordability Index2 103
 

HOUSEHOLDS

Total Households 1,291
Average Household Size 2.84
Family Households 1,036
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATES

2010-2019 2019-2024
Population -0.19% 0.04%
Households -0.24% -0.05%
Families -0.25% -0.04%
Median Household Income   0.16%
Per Capita Income   0.81%

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