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Cranbury CDP, New Jersey Demographics & Population 2026

As of 2026, Cranbury CDP, New Jersey has a total population of 2,304, the 433rd largest city in New Jersey, with a median household income of $230,703, which is 128% higher than the state average. The poverty rate is 4.5%.

Key Takeaways

Cranbury CDP Quick Facts

Population 2,304
Median Household Income $230,703
Median Home Value $794,500
Poverty Rate 4.5%
Unemployment Rate 4.0%
Median Age 51.6 years
Homeownership Rate 86.0%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 75.8%
High School Graduation Rate 98.2%
Diversity Index 54/100
Population 2,304 433rd of 700
Median Income $230,703 top 10%
Poverty Rate 4.5% 64% lower national
Median Home Value $794,500 top 10%

How Cranbury CDP Compares

Economy & Housing

Employment

4.0% Unemployment Rate State: 6.2% | National: 5.2%
72.3% Labor Force Participation

Housing Overview

Owner 86.0%
Renter 14.0%
Affordability Index Affordable
3.4x home value to income ratio

People & Demographics

Diversity Index

54out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 60

Education

Cranbury CDP Rankings in New Jersey

#433 Population of 700
#24 Median Income of 700
#44 Education of 700
#71 Home Value of 700

Cities Similar to Cranbury CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Essex Fells borough2,320$250,001$976,30081.5%0.4%
Montclair State University CDP2,177N/AN/A83.5%N/A
Ramapo College of New Jersey CDP2,163N/AN/A27.6%N/A
Forsgate CDP2,094$235,357$645,40077.2%3.5%
Monroe Manor CDP2,308$160,833$599,30073.2%0.0%

Population Overview

Cranbury CDP is a small community located in New Jersey. The total population is 2,304. It ranks as the 433rd most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Cranbury CDP is 51.6 years. This is 29% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Cranbury CDP is $230,703. This is 128% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 194% higher. The poverty rate stands at 4.5%. This is 54% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.0%. This is 34% lower than the state rate of 6.2%. The median home value is $794,500. Housing costs are 86% higher than the state median of $427,600. The home-value-to-income ratio is 3.4x. 86.0% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Cranbury CDP is White (non-Hispanic), making up 63.5% of the population. Asian residents account for 23.1%. The Hispanic or Latino population (2.3%) is well below the state average of 21.9%. The Asian population is significantly higher than the state average (23.1% vs 9.8%).

Education

75.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Cranbury CDP in the top 10% of all cities in the state for educational attainment. This is 77% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.2%. Notably, 39.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Cranbury CDP, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Cranbury CDP, New Jersey?

Cranbury CDP, New Jersey has a population of 2,304 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cranbury CDP, NJ?

The median household income in Cranbury CDP is $230,703, which is 194% higher the national median of $78,538.

What is the poverty rate in Cranbury CDP, NJ?

The poverty rate in Cranbury CDP is 4.5%. This means approximately 99 residents live below the federal poverty line.

What is the racial makeup of Cranbury CDP, New Jersey?

Cranbury CDP's population is 63.5% White, 7.2% Black, 2.3% Hispanic/Latino, and 23.1% Asian.

What is the median home value in Cranbury CDP, NJ?

The median home value in Cranbury CDP is $794,500. The home-value-to-income ratio is 3.4x.

How educated is Cranbury CDP, New Jersey?

75.8% of adults (25+) in Cranbury CDP hold a bachelor's degree or higher, and 39.0% hold a graduate or professional degree.