Living in Bedminster, New Jersey
Cost of living, income, home prices, rent and demographics of Bedminster · Census data 2020–2024
Bedminster has 8,283 residents with a median age of 49.1. The median household income is $123,709 (19% higher than the New Jersey median), the median home value is $448,500, the median rent is $2,294/month.
Bedminster at a glance
- Population
- 8,283
- Median age
- 49.1State: 40.1
- Median household income
- $123,709State: $103,556
- Median home value
- $448,500State: $454,400
- Median rent
- $2,294/moState: $1,720
- Homeowners
- 78.9%
- Bachelor's degree or higher
- 64.1%
- Average commute
- 33 min
Is Bedminster a good place to live?
Pros: Median household income 19% higher than the New Jersey median; home values about the same as the state median; unemployment of 4.5%; a poverty rate of 5.3%.
Cons: An average commute of 33 minutes.
The weather is best in May–June and August–September.
Cost of living in Bedminster
Housing is the biggest part of the cost of living. In Bedminster the median home value is $448,500, 35% higher than the U.S. median. Renters pay a median of $2,294 per month, which is 30.3% of household income. Homeowners with a mortgage pay $2,513 a month in housing costs.
Bedminster median household income
The median household income in Bedminster is $123,709 and the income per person is $85,065. 5.3% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Bedminster: homes for sale and rent
- Housing units
- 4,214
- Owner-occupied
- 78.9%
- Renter-occupied
- 21.1%
- Vacant
- 1.3%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 1.98
Bedminster demographics
- Population
- 8,283
- Median age
- 49.1
- Under 18
- 14.3%
- 65 and older
- 25.6%
- Households
- 4,158
- Foreign-born
- 15.8%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Bedminster ›
Education in Bedminster
64.1% of adults 25 and older in Bedminster have a bachelor's degree or higher (New Jersey: 43.6%), and 28.1% have a graduate or professional degree.
Jobs and commute in Bedminster
- Unemployment rate
- 4.5%State: 6.3%
- Average commute
- 33 minState: 31 min
- Work from home
- 23.5%
- Drive alone
- 69.7%
- Public transit
- 1.4%
- Walk to work
- 2%
- Homes with broadband
- 97.1%
Bedminster vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bedminster | 8,283 | $123,709 | $448,500 | $2,294 |
| Lamington | 362 | $154,511 | $989,100 | — |
| Peapack and Gladstone | 2,571 | $202,578 | $868,800 | $1,820 |
| Pluckemin | 489 | $54,175 | $567,300 | — |
| Pottersville | 245 | $171,801 | $680,100 | — |
| Far Hills | 948 | $143,250 | $792,100 | $1,554 |
| The Hills | 10,785 | $154,564 | $577,000 | $2,376 |
| Tewksbury | 5,893 | $192,576 | $795,400 | $3,501 |
| Bridgewater Center | 6,505 | $205,595 | $703,700 | $2,662 |
More for people moving to Bedminster
Bedminster ZIP code ›Weather and climate ›Living in Bedminster: FAQ
What is the median household income in Bedminster, NJ?
The median household income in Bedminster is $123,709, 19% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bedminster?
The median home value in Bedminster is $448,500, compared with $454,400 in New Jersey.
How much is rent in Bedminster?
The median gross rent in Bedminster is $2,294 per month, about 30.3% of household income.
Is Bedminster, NJ a good place to live?
Pluses: median household income 19% higher than the New Jersey median; home values about the same as the state median; unemployment of 4.5%; a poverty rate of 5.3%. Minuses: an average commute of 33 minutes.
What is the median age in Bedminster?
The median age in Bedminster is 49.1 years (New Jersey: 40.1).
How long is the commute in Bedminster?
The average commute to work in Bedminster is 33 minutes; 23.5% of workers work from home.
What is the unemployment rate in Bedminster?
The unemployment rate in Bedminster is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bedminster?
64.1% of adults in Bedminster have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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