Pennington, NJ

New Jersey · Metropolitan Area

Pennington is a small town in New Jersey with a population of 2,798. Residents earn $171,282 per year, which is 128% above the national average.

3.9 /5.0
B+ Good
2,798 Population 2,915/sq mi density
$171,282 Median Income $88,350 per capita
$608,200 Home Value $659,773 Zillow
$1,819 Median Rent
54°F Avg Temperature
77 Violent Crime/100K 540 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$171,282 median income, 1.7% unemployment
A+
Affordability
4.7 / 5.0
$608,200 home value, $1,819/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K (80% below avg)
A+
Education
5.0 / 5.0
73.6% bachelor's degree or higher
Median Income $171,282
128% higher than US avg
Home Value $608,200
116% higher than US avg
Violent Crime 77/100K
80% lower than US avg
Bachelor's+ 73.6%
118% higher than US avg
Median Rent $1,819
56% higher than US avg
Obesity Rate 20.9%
35% lower than US avg
Unemployment 1.7%
53% lower than US avg
Poverty Rate 2.6%
79% lower than US avg

How Pennington Compares to the U.S. Average (100% = U.S. avg)

People

Population2,798
Median Age49.0 yrs
Density2,915/mi²
Male / Female50% / 50%
Largest GroupWhite 86%

Economy

A+
Median Income$171,282
Per Capita$88,350
Unemployment1.7%
Poverty2.6%
County GDP$56,807M
Commute26 min

Housing

A+
Home Value$608,200
Rent$1,819
OwnershipN/A
Zillow$659,773

Crime

F
Violent77/100K
Property540/100K
Murder0.0/100K
Assault77/100K
Burglary154/100K

Health

Obesity20.9%
UninsuredN/A
Depression17.3%
Heart Disease3.6%

Climate

Avg Temp54°F
AQI39 (Good)
Rain45.6 in/yr
Elevation199 ft

Education

A+
Bachelor's+73.6%
High School+98.3%
School Score6.24

Community

2024 VoteR 32% / D 66%
Commute26 min
EV Stations1
Libraries14

Is Pennington a Good Place to Live?

Based on current data, Pennington receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, low unemployment, low crime rates, a highly educated population. Areas to be aware of include high housing costs. Pennington offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Pennington is $171,282, which is significantly higher than the national average — 128% above $75,149. This places Pennington among higher-income communities. The job market is very strong with unemployment at just 1.7%. Only 2.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 26 minutes.

Cost of Living & Housing

The median home value in Pennington is $608,200, making it a premium housing market at 116% above the U.S. median of $281,900. Renters pay a median of $1,819 per month, significantly above the national average of $1,163. A price-to-income ratio of 3.6x indicates a reasonably affordable housing market.

Safety & Crime

Pennington is a very safe community with a violent crime rate of 77 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 540 per 100,000, 72% below the national average.

Education

Pennington is a highly educated community — 73.6% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 98.3% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Pennington experiences four distinct seasons with an average temperature of 54°F. Winters average 32°F in January while summers reach 76°F in July. Annual precipitation totals 45.6 inches, including 26.6 inches of snow. Air quality is rated Good with a median AQI of 39.

Pennington has a population of 2,798 with a density of 2,915 people per square mile. The median age is 49.0 years, 26% older than the national median of 38.9. The city is predominantly White (85.5%), with 2.1% Black.

Population

2,798
Total Population
2,915
People / sq mi
49.0yrs
Median Age
26% above US avg
1.0mi²
Land Area

Gender Distribution

Male 49.9%
Female 50.1%

Race & Ethnicity

Pennington vs U.S. Average

Language Spoken at Home

English Only86.8%
11% above US avg
Spanish13.2%
1% below US avg

Social Characteristics

Pennington vs U.S. Average

The median household income in Pennington is $171,282, which is 128% above the national average of $75,149. The unemployment rate is 1.7% (below the 3.6% US average). 2.6% of residents live below the poverty line. Workers commute an average of 26 minutes.

Income: Pennington vs U.S.

Commute Mode

Income

Median HH Income$171,282
128% above US avg
Per Capita Income$88,350
Avg Weekly Wage$1,740
IRS Avg AGI$114,994

Employment & Poverty

Unemployment1.7%
53% below US avg
Poverty Rate2.6%
79% below US avg
Establishments (County)11,677
County GDP$56,807M

Business (County)

Restaurants877
Healthcare1,221
Retail1,189
Manufacturing228

Tax & Cost of Living

Property Tax (IRS)$13,072
273% above US avg
Effective Tax Rate2.15%

Commute & Transportation

Commute Time26.0 min
Work from Home23.2%

Walkability

The median home value in Pennington is $608,200, 116% above the national average. Monthly rent averages $1,819 (56% above US avg). Zillow estimates the typical home value at $659,773.

Home Value Sources

Ownership Split

Home Values

Census Median$608,200
116% above US avg
Zillow ZHVI$659,773
Median List Price$849,000

Real Estate Market (Redfin)

Median List Price$849,000
$/Sq Ft$388
Homes Sold3
Sale-to-List Ratio100.0%
Price Drops20.0%
Inventory5

Rental Costs

Census Median Rent$1,819
56% above US avg
Zillow Rent (ZORI)$2,578

HUD Fair Market Rent

Studio$1,599
1 Bedroom$1,759
2 Bedrooms$2,132
3 Bedrooms$2,658
4 Bedrooms$3,005

Ownership & Property

Owner-Occupied79.5%

Property Tax

Avg Tax (IRS)$13,072
273% above US avg
Effective Rate2.15%
In Pennington, 20.9% of adults are obese (below the 32.1% national rate). 17.3% report depression. 14.2% are physically inactive.

Health Metrics: Pennington vs U.S. Average (%)

Chronic Conditions

Obesity20.9%
35% below US avg
Diabetes6.1%
Heart Disease3.6%
High Blood Pressure23.1%
Asthma8.9%
COPD3.1%
Stroke1.9%

Behaviors & Mental Health

Binge Drinking18.6%
Physical Inactivity14.2%
Depression17.3%
Mental Distress13.7%
Physical Distress8.4%

Healthcare Access

Insurance Rate97.9%
Checkup Rate77.2%
Premature Death7,664/100K

Food & Exercise

Food Environment9.0/10
Exercise Access99.4%
Healthcare Facilities1,221
Pennington has a violent crime rate of 77 per 100,000 residents, 80% below the national average of 380. Property crime stands at 540 per 100,000 (72% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Pennington vs U.S. Average (per 100,000)

Violent Crime

Total Violent77.2/100K
80% below US avg
Murder0.0/100K
100% below US avg
Rape0.0/100K
Robbery0.0/100K
Assault77.2/100K

Property Crime

Total Property540.3/100K
72% below US avg
Burglary154.4/100K
Theft386.0/100K
Vehicle Theft0.0/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)26

Safety Score

Safety GradeF
Safety Score1.0 / 5.0
Pennington has an average annual temperature of 54°F (12°C). Winters average 32°F in January while summers reach 76°F in July. Annual precipitation is 45.6 inches. Air quality is rated Good with a median AQI of 39.

Temperature

32°F Jan (0°C) 76°F Jul (25°C)
Annual Average54.1°F
0% below US avg
January Average32°F (0°C)
July Average76°F (25°C)

Precipitation & Snow

Annual Rainfall45.6 inches
20% above US avg
Snowfall26.6 inches/yr

Air Quality

AQI Median39.0
RatingGood

Geography

Elevation199 ft (61 m)
Area1.0 sq mi (2.5 km²)
Population Density2,915/sq mi
Coordinates40.3249°N, 74.7888°W
County FIPS34021
It is classified as Metro — 250K–1M. 73.6% of residents hold a bachelor's degree or higher (118% above US avg). In the 2024 election, the county voted Democrat by a 33.9-point margin.

2024 Presidential Election (County)

R 32%
D 65.9%

Winner: Democrat by 33.9 points

Education

Bachelor's Degree+73.6%
118% above US avg
High School+98.3%
School Test Score6.24
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 2Metro — 250K–1M
Population Density2,915/sq mi
Total Area1.0 sq mi

Infrastructure & Services

EV Charging Stations1
Alt Fuel Stations1
Public Libraries14
Healthcare Facilities1,221
Restaurants877
Retail Stores1,189

Safety & Disasters

Fatal Crashes (County/yr)26
F Safety Grade (1.0/5.0)

Commute & Transportation

Avg Commute26.0 min
Work from Home23.2%

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