At a Glance
Median Income
$171,282
$88,350 per capita
Home Value
$608,200
Zillow: $659,773
Median Rent
$1,819/mo
25.4% of income on rent
Violent Crime
0/100K
318/100K property
Bachelor's Degree+
73.6%
98.3% high school+
Unemployment
1.7%
2.6% poverty rate
Obesity Rate
20.9%
6.9% smoking rate
Avg Temperature
54°F
275 sunny days/yr
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)
Thin vertical line = U.S. national average (100%)
Is Pennington a Good Place to Live?
A
4.3 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.
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 1.7% (53% 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 $659,773. 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 0 violent crimes per 100,000 residents
, which is 100% below the national average of 380/100K.
Property crime is 318/100K. The murder rate is 0.0/100K.
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. The area gets 275 sunny days per year. Annual precipitation totals 45.6 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population2,798
Median Age49.0 yrs
Density2,915/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans3.2%
Economy
A+
Median Income$171,282
Per Capita$88,350
Unemployment1.7%
Poverty2.6%
County GDP$56,807M
Avg Weekly Wage$1,740
Housing
A+
Home Value$608,200
Rent$1,819
Ownership79.5%
Zillow$659,773
Housing Units1,252
Rent Burden25.4%
Crime
C+
Violent0/100K
Property318/100K
Murder0.0/100K
Assault0/100K
Burglary40/100K
Health
Obesity20.9%
Diabetes6.1%
Smoking6.9%
Heart Disease3.6%
Premature Death7,664/100K
Climate
Avg Temp54°F
Sunny Days275/yr
Rain45.6 in/yr
AQI39 (Good)
Elevation199 ft
Education
A+
Bachelor's+73.6%
High School+98.3%
Graduate+43.0%
School Score6.0/10
Community
2024 VoteR 32% / D 66%
Commute26 min
Broadband95.1%
Internet Speed172 Mbps
EV Stations1
Libraries14
Did You Know?
The median home in Pennington was built in 1958.
23.2% work from home.
The nearest airport is Central Jersey Regional (17 miles).
The Gini coefficient (income inequality) is 0.502 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
7.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 172 Mbps.
There are 877 restaurants in the area.
The county recorded 26 fatal vehicle crashes.