HomeNew JerseyHunterdon County
Hunterdon County, New Jersey: commercial real estate data.
Hunterdon County, New Jersey had an estimated 131,708 residents on July 1, 2024, up 2.1 percent since the 2020 census base of 128,954, across 428 square miles. County output reached $9.87 bn in 2024, 3,672 establishments operate here, and the SBA record carries 215 7(a) approvals worth $98.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Hunterdon County
How many people live in Hunterdon County
- Population, American Community Survey 2020-2024130,160
- Households50,860
- Average household size2.56
- Median household income$141,715
- Median age46.1
- Median gross rent$1,687 per month
- Median owner-occupied home value$517,200
- Home value to household income3.6 times
- Annual rent as a share of median income14.3 percent
- Adults 25 and over with a bachelor degree or higher57.4 percent
- Adults 25 and over with a graduate degree23.7 percent
- Adults 25 and over95,073
- Population under 1824,884
- Share under 1819.1 percent
- Population 65 and over27,098
- Share 65 and over20.8 percent
- Working age population, 18 to 6478,178
- Civilian labor force70,526
- Unemployment rate4.6 percent
- Labor force participation, adults 18 and over67.0 percent
- Rank by population among New Jersey counties18th of 21
- Rank by population among US county-equivalents, Puerto Rico included504th of 3,222
Hunterdon County is the 18th largest of 21 New Jersey counties by population. A median home costs 3.6 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 20.8 percent against 19.1 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hunterdon County
Is Hunterdon County's population growing?
- Population, July 1, 2024131,708
- Census 2020 base population128,954
- Population change since the 2020 census base2.14 percent
- Population change, 2023 to 20241,075
- Births, 20241,111
- Deaths, 20241,054
- Natural change, 202457
- Net domestic migration, 2024337
- Net international migration, 2024693
- Total net migration, 20241,030
- Cumulative net domestic migration, 2021 to 20241,079
- Rank by growth among US county-equivalents1124th of 3,144
The county has grown 2.14 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hunterdon County
Where are people moving to Hunterdon County from?
- Tax returns filed by households arriving3,722
- People arriving, from those returns6,508
- Tax returns filed by households leaving3,770
- Net household movement-48
- Adjusted gross income arriving$456.8 m
- Net adjusted gross income movement$-229.5 m
- Average income of an arriving household$122,736
- Average income of a leaving household$182,043
- Largest single originSomerset County (748 households)
- Largest single destinationSomerset County (403 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Somerset County | 748 | 1,362 | $95.0 m |
| Middlesex County | 372 | 744 | $50.3 m |
| Union County | 238 | 464 | $24.9 m |
| Warren County | 225 | 383 | $16.7 m |
| Morris County | 190 | 338 | $30.6 m |
| Mercer County | 150 | 257 | $19.0 m |
| Essex County | 125 | 228 | $16.4 m |
| Hudson County | 124 | 203 | $16.6 m |
Households arriving report $59,307 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Somerset County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Hunterdon County
What is the Hunterdon County economy?
- County GDP, 2024$9.87 bn
- County GDP, 2023$9.34 bn
- GDP change, 2023 to 20245.6 percent
- GDP change over five years26.0 percent
- Rank by GDP among the New Jersey areas BEA publishes16th of 21
- Rank by GDP among the US county areas BEA publishes447th of 3,127
- GDP per resident$75,807
Output grew 5.6 percent in the latest year and 26.0 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Hunterdon County
Employment by industry in Hunterdon County
- Covered employment, annual average46,663
- Establishments reporting4,073
- Average annual pay$75,099
- Average weekly wage$1,444
- Health care and social assistance, employment6,375
- Health care and social assistance, average annual pay$70,944
- Retail trade, employment5,954
- Retail trade, average annual pay$47,672
- Professional, scientific and technical services, employment3,728
- Professional, scientific and technical services, average annual pay$114,538
- Construction, employment3,529
- Construction, average annual pay$95,302
- Accommodation and food services, employment3,494
- Manufacturing, employment2,930
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 6,375 | 560 | $70,944 |
| Retail trade | 5,954 | 392 | $47,672 |
| Professional, scientific and technical services | 3,728 | 548 | $114,538 |
| Construction | 3,529 | 438 | $95,302 |
| Accommodation and food services | 3,494 | 284 | $27,260 |
| Manufacturing | 2,930 | 145 | $77,904 |
| Other services, except public administration | 2,102 | 348 | $39,313 |
| Administrative and support and waste management services | 2,008 | 296 | $60,688 |
Health care and social assistance is the largest private sector at 6,375 jobs, 13.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hunterdon County
How many businesses are in Hunterdon County?
- Establishments, all industries3,672
- Employment at those establishments45,700
- Annual payroll$3.36 bn
- Establishments per 1,000 residents28.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Hunterdon County
Building permits in Hunterdon County
- Housing units authorized by permit, 2024336
- Declared construction value permitted$43.1 m
- Single family units authorized149
- Multifamily units authorized187
- Multifamily share of units55.7 percent
- Average declared value per unit$128,331
- Units authorized per 1,000 households6.6
Multifamily is 55.7 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Hunterdon County
SBA loans in Hunterdon County (7(a) and 504)
- 7(a) approvals recorded215
- 7(a) gross approval dollars$98.9 m
- Average 7(a) approval$460,054
- Median 7(a) approval$150,000
- 10th percentile approval$25,000
- 90th percentile approval$1,190,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)1,629
- Jobs per approval7.6
- Distinct 7(a) lenders active51
- Distinct industries receiving approvals106
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer18.6 percent
- Loans on real estate terms40
- Loans on working capital terms, 120 months or shorter165
- Franchise loans30
- Franchise share of approvals14.0 percent
- Leading industry by approval countFull-Service Restaurants (13)
- Most active lenderTD Bank, National Association (51)
- 504 approvals recorded29
- 504 gross approval dollars$38.0 m
- Average 504 approval$1,311,793
- Median 504 approval$711,000
- Distinct CDCs active6
- 504 jobs per approval14.2
- 504 jobs per million dollars approved10.8
- Most active CDCTrenton Business Assistance Corporation (14)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$137.0 m
The average approval of $460,054 sits well above the median of $150,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 18.6 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hunterdon County
SBA loan default and charge-off rates in Hunterdon County
Do SBA loans in Hunterdon County get paid back?
- Loans with a final outcome recorded38
- Paid in full36
- Charged off2
- Charge-off rate on resolved loans5.3 percent
- Status: Paid in full36
- Status: Cancelled32
- Status: Exempt from disclosure132
- Status: Charged off2
- Status: Committed, not yet disbursed13
Of the 38 loans that have reached a final outcome, 5.3 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hunterdon County
SBA lending by place in Hunterdon County
- Borrower cities with recorded lending23
- Flemington, approvals58
- White House Station, approvals21
- Clinton, approvals20
- Frenchtown, approvals17
- Lebanon, approvals14
- Annandale, approvals11
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Flemington | 58 | $37,911,100 |
| White House Station | 21 | $7,554,900 |
| Clinton | 20 | $9,531,100 |
| Frenchtown | 17 | $3,194,500 |
| Lebanon | 14 | $8,175,000 |
| Annandale | 11 | $7,643,000 |
| Lambertville | 11 | $4,031,100 |
| Milford | 11 | $1,797,500 |
| 15 other borrower cities | 52 | $19,073,400 |
Flemington accounts for 58 approvals against 21 in White House Station. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hunterdon County
How large is Hunterdon County?
- Land area428 sq mi
- Rank by land area among New Jersey counties8th of 21
- Width, east to west25.1 mi
- Height, north to south30.9 mi
- Geographies sharing a boundary5
- Residents per square mile of land304
- Establishments per square mile8.58
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Hunterdon County
Flood risk in Hunterdon County
- Communities in the county in the NFIP Community Status Book26
- Of those, participating in the NFIP26
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class1
- Radon levels in Hunterdon County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The EPA places Hunterdon County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 7, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Hunterdon County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Hunterdon County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024130,160
- Households50,860
- Average household size2.56
- Median household income$141,715
- Median age46.1
Common questions
Hunterdon County questions, answered from the record.
How many people live in Hunterdon County, New Jersey?
The Census Bureau estimates 131,708 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 130,160, in 50,860 households, ranking 18th of 21 New Jersey counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hunterdon County's population growing?
The population has grown 2.14 percent since the 2020 census base of 128,954, to 131,708 on July 1, 2024. In 2024 there were 1,111 births against 1,054 deaths, with net migration of 1,030. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hunterdon County?
$141,715. The median owner-occupied home is valued at $517,200, which is 3.6 times income, and median gross rent is $1,687 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Hunterdon County?
3,672 establishments, employing 45,700 people with an annual payroll of $3.36 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Hunterdon County?
Health care and social assistance is the largest private sector at 6,375 jobs, 13.7 percent of covered employment. Covered employment averages 46,663 jobs at an average annual pay of $75,099, or $1,444 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hunterdon County?
215 7(a) approvals totaling $98.9 m since FY2020, across 51 lenders, with a median approval of $150,000, plus 29 504 approvals worth $38.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Hunterdon County get paid back?
Of the 38 loans that have reached a final outcome, 36 were paid in full and 2 charged off, a charge-off rate of 5.3 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Hunterdon County?
336 housing units were authorized by permit in 2024, with a declared construction value of $43.1 m. Multifamily was 55.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hunterdon County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Hunterdon County come from?
The largest single origin is Somerset County, with 748 households. Arriving households report an average income of $122,736 against $182,043 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Hunterdon County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Hunterdon County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Hunterdon County
Cities and places in Hunterdon.
19 Census places lie wholly or partly in Hunterdon County. All 19 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Neshanic Station | CDP | 5,640 | None recorded | 6.2 percent here, 93.8 percent Somerset County |
| Flemington | borough | 4,896 | 58 | Wholly in this county |
| Lambertville | city | 4,153 | 11 | Wholly in this county |
| White House Station | CDP | 3,963 | 21 | Wholly in this county |
| High Bridge | borough | 3,580 | 3 | Wholly in this county |
| Clinton | town | 2,789 | 20 | Wholly in this county |
| Glen Gardner | borough | 1,916 | 3 | Wholly in this county |
| Frenchtown | borough | 1,752 | 17 | Wholly in this county |
| Lebanon | borough | 1,675 | 14 | Wholly in this county |
| Annandale | CDP | 1,568 | 11 | Wholly in this county |
| Milford | borough | 1,166 | 11 | Wholly in this county |
| Hampton | borough | 1,020 | 6 | Wholly in this county |
| Ringoes | CDP | 934 | 8 | Wholly in this county |
| Califon | borough | 930 | 8 | Wholly in this county |
| Bloomsbury | borough | 841 | None recorded | Wholly in this county |
| Three Bridges | CDP | 630 | None recorded | Wholly in this county |
| Oldwick | CDP | 462 | 1 | Wholly in this county |
| Stockton | borough | 446 | 4 | Wholly in this county |
| Pottersville | CDP | 245 | None recorded | 64.5 percent here, 35.5 percent Somerset County |
A further 19 of the county's 215 SBA 7(a) approvals are to borrowers in cities that match no Census place in Hunterdon County, the largest being Somerville (5), Asbury (4), Pittstown (4). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby