HomeNew JerseySomerset CountyRaritan
Raritan, New Jersey: commercial real estate data.
Raritan is a Census borough of 8,368 people across 1.99 square miles of land, in Somerset County. Median household income is $107,672, 49.9 percent of occupied homes are owned, and the SBA record carries 13 7(a) approvals to borrowers here worth $5.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Raritan
What Raritan is
- Census place typeborough
- Land area1.99 sq mi
- Water area0.04 sq mi
- Population per square mile of land4,201
- County holding the largest share of its areaSomerset County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raritan
How many people live in Raritan
- Population8,368
- Median age41.3
- Population under 181,199 plus or minus 241
- Share under 1814.3 percent plus or minus 2.9
- Population 65 and over1,171
- Share 65 and over14.0 percent
- Households3,326
- Family households2,083
- Share of households that are families62.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raritan
Income and work in Raritan
- Median household income$107,672
- Per capita income$58,776
- Civilian labor force5,509
- Employed5,356
- Unemployed153 plus or minus 92
- Unemployment rate2.8 percent plus or minus 1.7
- Adults 25 and over6,304
- Adults 25 and over with a high school diploma or higher92.1 percent
- Adults 25 and over with a bachelor degree or higher44.5 percent
- Adults 25 and over with a graduate degree17.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raritan
Housing in Raritan
- Housing units3,349
- Occupied units3,326
- Vacant units23 plus or minus 37
- Vacancy rate0.7 percent plus or minus 1.1
- Owner occupied1,659
- Renter occupied1,667
- Ownership rate49.9 percent
- Median owner-occupied home value$456,900
- Median gross rent, monthly$2,112
- Annual rent as a share of median income23.5 percent
- Single family units1,728
- Share single family51.6 percent
- Units in buildings of two or more1,613
- Share in buildings of two or more48.2 percent
- Mobile homes0
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raritan
How Raritan gets to work
- Workers 16 and over who commute4,043
- Commuting under 15 minutes1,509 plus or minus 311
- Share commuting under 15 minutes37.3 percent
- Commuting 30 minutes or more1,219 plus or minus 294
- Share commuting 30 minutes or more30.2 percent plus or minus 6.4
- Drove alone70.5 percent
- Carpooled8.7 percent plus or minus 3.3
- Public transport0.7 percent plus or minus 0.7
- Walked1.9 percent plus or minus 1.3
- Worked from home16.2 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Raritan
SBA loans in Raritan (7(a))
- Approvals13
- Gross approval$5,549,500
- Average approval$426,885
- Median approval$250,000
- Largest approval$1,693,000
- Jobs supported106
- Jobs per approval8.2
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises7.7 percent
- Distinct lenders6
- Distinct industries by NAICS9
Counted by borrower city: approvals to borrowers whose address is in Raritan, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Raritan
SBA loans in Raritan (504)
- Approvals3
- Gross approval$5,596,000
- Average approval$1,865,333
- Median approval$1,504,000
- Largest approval$3,514,000
- Jobs supported49
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Raritan, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Raritan
Flood risk in Raritan
- NFIP communityBorough of Raritan
- NFIP community number340442
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/13/26(>)
The Borough of Raritan participates in the National Flood Insurance Program as community 340442 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Somerset County, not Raritan
Somerset County context, not Raritan figures
- Establishments in Somerset County9,831
- Covered employment, Somerset County190,468
- Average annual pay, Somerset County$106,418
- Housing units permitted, Somerset County635
Every figure in this section is published for Somerset County as a whole and is not a measurement of Raritan.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, 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 →
Common questions
Raritan questions, answered from the record.
How many people live in Raritan, New Jersey?
8,368, in 3,326 households. Raritan borough covers 1.99 square miles of land, which is 4,201 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Raritan in?
Somerset County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Raritan?
$107,672. The median owner-occupied home is valued at $456,900. Median gross rent is $2,112 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Raritan businesses?
13 7(a) approvals totaling $5.5 m since FY2020, across 6 lenders, median approval $250,000, plus 3 504 approvals worth $5.6 m since FY2010. These count approvals to borrowers whose address is in Raritan, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Raritan borrowers get paid back?
No rate is published for Raritan. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Raritan in the National Flood Insurance Program?
Yes. Raritan appears in the FEMA Community Status Book as Raritan, borough of, community 340442, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Raritan figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Somerset County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Raritan.
Is zoning published for Raritan?
No. Nothing on this page presents parcel level zoning.