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Hunterdon County, NJ

RANK #807 / 1001 NAT  ·  #18 / 21 NJ  ·  POP 130,160

1YR FORECAST: +1.6%

5YR OUTLOOK: +23%

Our model projects Hunterdon County's housing market at +1.6% over the next year, underperforming most U.S. counties.

[01] Why Hunterdon County?

The Red Mill Museum Village in Clinton, with its iconic red exterior and setting along the Raritan River, serves as a prominent landmark in Hunterdon County. This west-central New Jersey county is approximately 60 miles from both New York City and Philadelphia. The community offers a blend of rural landscapes with rolling hills, forests, and rivers, alongside historic towns. Commute options include the LINK bus system for in-county travel and Trans-Bridge Bus Lines for service to New York City and Newark Airport. Outdoor recreation is a significant draw, with 8,000 acres of parkland, including Round Valley Reservoir and the Columbia Trail, offering hiking, biking, fishing, and kayaking.

Life in Hunterdon County is characterized by a focus on quality of life, with highly rated public schools like Hunterdon Central Regional High School and Voorhees High School. The county has been recognized for its health outcomes and as a safe place to raise children. The economy is supported by a mix of sectors, with notable growth in transportation and warehousing. The county also has a strong agricultural sector, including numerous farms and vineyards, contributing to a farm-to-table dining scene. Recent economic initiatives have focused on promoting historic main streets and downtowns in towns such as Flemington, Clinton, and Lambertville, aiming to attract tourism and support local businesses.

MARKET PROFILE

Idiosyncratic Markets

Hunterdon County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +2.6% YoY, population +0.6%, wages +1.4%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
18.6x

Overvalued relative to economy

Home Prices
+2.6%

Outpacing national median

Climate & Terrain
0.8

Moderate climate & terrain

Price/Rent
17x

Above national median (15x)

Housing looks overvalued at 18.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Hunterdon Healthcare System Healthcare
    5,000+
  2. 2
    Educational Services (various school districts and institutions) Education
    2,500+
  3. 3
    Hunterdon County Government Government
  4. 4
    Chubb Finance
  5. 5
    ExxonMobil Research & Engineering Energy
  6. 6
    New York Life Finance
  7. 7
    3M Manufacturing
  8. 8
    Georgia-Pacific Manufacturing
  9. 9
    Custom Alloy Corporation Manufacturing
  10. 10
    Johanna Foods Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Hunterdon County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
130,160
+0.55% YoY
Median Household Income
$141,715
Median Home Value
$517,200
+2.62% 12mo
Median Rent
$1,687
Average Annual Pay
$76,148
+1.4% YoY
Employment
47,453
+1.7% YoY
Income-to-Home-Value
0.274
More affordable than average
Migration Inflow
3.99%
of pop. from another state
Bachelor's Degree+
57.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$620,000
Days on Market
20
Active market
Months of Supply
2.8
Seller's market
Sale-to-List Ratio
102.5%
Homes selling above asking
Sold Above List
56.7%
Listings w/ Price Drops
14.3%
Building Permits (2025)
544
Single-Family Permits
126

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Firearm Fatalities
4.9
per 100K · nat avg 14.8
Injury Deaths
49.6
per 100K · nat avg 76.3
vs National Average
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
43.0
Good
Good Air Days
68%
745 of 1,092 days
Unhealthy+ Days (3yr)
10
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
43
2022
42
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Score Breakdown

Population Growth +0.6% 46 percentile
Income Growth +1.6% 24 percentile
Vacancy Rate 0.3% 98 percentile
Home Price Change +2.6% 63 percentile
Rent Growth +2.0% 34 percentile
Price/Rent 17x 34 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Hunterdon County, NJ a good place to move to?

The data is not encouraging — Hunterdon County scores just 19/100 on the Boom Town Index, ranking #807 of 1001 counties. Job growth at +1.7% and median household income of $141,715 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Hunterdon County affordable?

Housing in Hunterdon County is roughly in line with national affordability norms. The median home costs $517,200 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,687/month. Not a bargain, but not a stretch for most local earners either.

Is Hunterdon County growing or shrinking?

Hunterdon County is growing on multiple fronts. Population is up +0.6% year-over-year while employers added jobs at a +1.7% clip. Home values shifted +2.6% in the past year.

Are people moving to Hunterdon County?

There's a moderate stream of newcomers. About 3.99% of residents moved from another state, which is above average and suggests Hunterdon County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Burlington County, NJ 18 Middlesex County, NJ 21 Morris County, NJ 21 Union County, NJ 17 Essex County, NJ 24 Somerset County, NJ 14 Skagit County, WA 19 Suffolk city, VA 19