Pennington, NJ
Full City Profile · New Jersey · Mercer County County
Pennington, NJ
At a Glance
How Pennington Compares to the U.S. Average
Each bar shows Pennington's value as a percentage of the national average (100% = U.S. avg)
Is Pennington a Good Place to Live?
Economy & Jobs
Pennington residents earn a median household income of $171,282 , which is 128% above the national average of $75,149. Per capita income is $88,350. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 2.6% of residents live below the poverty line. The area is home to 11,677 business establishments, including 877 restaurants.
Housing & Cost of Living
The median home value in Pennington is $608,200 , 116% above the national median of $281,900. Zillow estimates the typical home at $679,975. Median rent is $1,819/month, with 25.4% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1958.
Safety & Crime
Pennington reports 69 violent crimes per 100,000 residents , which is 82% below the national average of 380/100K. Property crime is 514/100K.
Education
73.6% of adults in Pennington hold a bachelor's degree or higher (118% above the national average). 98.3% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
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 totals 45.6 inches. Air quality is rated Good with a median AQI of 43.