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Hillsborough, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Hillsborough, New Jersey had a total population of 22,585, the 49th largest community in New Jersey, with a median household income of $144,112, which is 39% higher than the state average. The poverty rate is 2.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hillsborough Quick Facts

Population 22,585
Median Household Income $144,112
Median Home Value $435,700
Poverty Rate 2.7%
Unemployment Rate 3.9%
Median Age 41.3 years
Homeownership Rate 79.9%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 60.6%
High School Graduation Rate 95.6%
Diversity Index 61/100
Population 22,585 49th of 700
Median Income $144,112 top 30%
Poverty Rate 2.7% 78% lower than national
Median Home Value $435,700 average

How Hillsborough Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population22,30222,585+1.3%
Median household income$142,275$144,112+1.3%
Median home value$411,400$435,700+5.9%

How Hillsborough Compares

Economy & Housing

Household Income Distribution

Under $25K 6.0%
$25K-$50K 6.9%
$50K-$100K 18.7%
$100K+ 68.5%
Detailed income brackets
Under $10K
2.6%
$10K-$15K
0.3%
$15K-$20K
0.1%
$20K-$25K
3.0%
$25K-$30K
1.1%
$30K-$35K
1.8%
$35K-$40K
0.6%
$40K-$45K
1.1%
$45K-$50K
2.2%
$50K-$60K
3.1%
$60K-$75K
4.2%
$75K-$100K
11.3%
$100K-$125K
11.4%
$125K-$150K
12.4%
$150K-$200K
13.9%
$200K+
30.8%

Employment

3.9% Unemployment Rate State: 6.3%|National: 5.2%
76.8% Labor Force Participation

Housing Overview

Owner 79.9%
Renter 20.1%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $1,986/mo 16.5% of median household income annually

People & Demographics

Diversity Index

61out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 66 | National average: 61

Education

Hillsborough Rankings in New Jersey

#49 Population of 700
#160 Median Income of 662
#164 Education of 699
#326 Home Value of 678

Other Cities in Somerset County

CityPopulationMedian IncomePovertyHome Value
North Plainfield 22,809 $87,349 13.2% $374,700
Somerset 22,720 $121,028 4.5% $438,800
Bradley Gardens 14,165 $177,849 4.2% $546,300
Somerville 13,410 $103,760 5.9% $435,700
Franklin Park 13,211 $114,946 11.0% $336,600
Bound Brook 12,219 $90,571 11.1% $397,100
Martinsville 11,559 $205,000 1.4% $720,400
East Franklin 11,070 $115,458 5.9% $385,900
Manville 10,921 $93,333 11.7% $354,300
The Hills 10,785 $154,564 3.8% $577,000

Cities Similar to Hillsborough

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Secaucus21,778$139,821$571,90063.1%5.8%
Somerset22,720$121,028$438,80062.0%4.5%
South Plainfield24,473$130,239$470,90044.0%3.0%
Summit22,705$190,304$994,50072.5%5.5%
Paramus26,568$144,349$813,90051.8%4.7%

Population Overview

Hillsborough is a small city located in New Jersey, within Somerset County. The total population is 22,585. It ranks as the 49th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Hillsborough is 41.3 years. This is 3% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Hillsborough is $144,112. This is 39% higher than the state median of $103,556. It is also 79% higher than the national median of $80,734. The poverty rate stands at 2.7%. This is 72% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.9%. This is 38% lower than the state rate of 6.3%. The median home value is $435,700. Housing costs are 4% lower than the state median of $454,400. The home-value-to-income ratio is 3.0x. 79.9% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Hillsborough is White (non-Hispanic), making up 57.7% of the population. Asian residents account for 19.8%. The Black or African American population (4.3%) is well below the state average of 12.2%. The Asian population is significantly higher than the state average (19.8% vs 10.1%).

Education

60.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.6%. Notably, 27.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Hillsborough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hillsborough, New Jersey?

Hillsborough, New Jersey has a population of 22,585 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hillsborough, NJ?

The median household income in Hillsborough is $144,112, which is 79% higher than the national median of $80,734.

What is the poverty rate in Hillsborough, NJ?

The poverty rate in Hillsborough is 2.7%. This means approximately 615 residents live below the federal poverty line.

What is the racial makeup of Hillsborough, New Jersey?

Hillsborough's population is 57.7% White, 4.3% Black, 13.4% Hispanic/Latino, and 19.8% Asian.

What is the median home value in Hillsborough, NJ?

The median home value in Hillsborough is $435,700. The home-value-to-income ratio is 3.0x.

How educated is Hillsborough, New Jersey?

60.6% of adults (25+) in Hillsborough hold a bachelor's degree or higher, and 27.1% hold a graduate or professional degree.