All Countries
Pennington, NJ
Full City Profile · New Jersey · Mercer County County
4.3
/5.0
A
Great
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
25.4% income on rent
54°F
Avg Temperature
275 sunny days/yr
A
Overall
4.3 / 5.0
Strong
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
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
73.6% bachelor's degree or higher
Income Overview
Median Household Income
$171,282
128% above
US avg: $75,149
Per Capita Income
$88,350
126% above
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
2.6%
79% below
US avg: 12.4%
Income Comparison: Pennington vs. U.S. Average
Each bar shows Pennington’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$171,282
228%
Per Capita
US: $39,052
$88,350
226%
IRS Avg AGI
US: $72,000
$114,994
160%
Avg Weekly Wage
US: $1,432
$1,740
122%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,740
22% above US avg ($1,432)
Mean Commute Time
26 min
6% below US avg (28 min)
Work From Home
23.2%
53% above US avg (15.2%)
Drive Alone
64.4%
12% below US avg (73.2%)
Public Transit
2.8%
45% below US avg (5.0%)
County GDP
$56,807M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
64.4%
Public Transit
2.8%
Work From Home
23.2%
Other
9.6%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
11,677
Restaurants
877
Healthcare
1,221
Retail
1,189
Manufacturing
228
Tax & Financial
IRS Avg Adjusted Gross Income
$114,994
60% above US avg ($72,000)
Avg Property Tax
$13,072
273% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $171,282 |
| Per Capita Income | $88,350 |
| IRS Avg Adjusted Gross Income | $114,994 |
| Avg Weekly Wage | $1,740 |
| County GDP | $56,807M |
Hardship Indicators
| Unemployment Rate | 1.7% |
| Poverty Rate | 2.6% |
| Gini Coefficient | 0.502 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 64.4% |
| Public Transit | 2.8% |
| Work From Home | 23.2% |
Businesses
| Total Establishments | 11,677 |
| Restaurants | 877 |
| Healthcare | 1,221 |
| Retail | 1,189 |
| Manufacturing | 228 |
Tax
| IRS Avg AGI | $114,994 |
| Avg Property Tax | $13,072 |