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CITY · 2010 ACS

Pennington

New Jersey · 2,585 residents · 0.961 sq mi
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The short version

Pennington is significantly wealthier than the US average, with a median household income of $107,250. Population has declined 4% since 2000. 72% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value has more than doubled since 2000, reaching $535,600. With a median age of 45.7, the population is older than the US median of 37.2. Households here earn about 54% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 45.7
US median: 37.2
More educated
72% hold a bachelor's degree
US average: 28%
Less affordable
home values up 52%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
2,585
−4%since 2000
from 2,696 in 2000
1990 – 2025
Population density
2,690 / sq mi
−4%since 2000
from 2,805 / sq mi in 2000
US average: 261
Median age
45.7
+11%since 2000
from 41.3 in 2000
US average: 37.2
Population, 1990 – 2024
2K3K3K3K3K1990201020202024Pennington
20243K
1990201020202024
Section 02

Income & economy

Median household income
$107,250
−6%inflation adjusted, since 2000
from $90,366 in 2000
US average: $52,703
1990 – 2024
Per capita income
$56,962
+24%since 2000
from $45,843 in 2000
US average: $27,286
Households earning $100K+
63.3%
−1.6 ptssince 2009
from 64.9% in 2009
US average: 33.3%
Poverty rate
6.0%
+3.7 ptssince 2000
from 2.4% in 2000
US average: 13.8%
Income inequality (Gini)
0.483
US average: 0.461
Workforce by industry, 2010
Other services12.6%
US avg: 7%
Information7.5%
US avg: 11.5%
Public administration6.7%
US avg: 4.9%
Retail trade6.5%
US avg: 10.9%
Arts, entertainment, food3.6%
US avg: 2.4%
Transportation & warehousing2.8%
US avg: 3.1%
Finance & insurance2.5%
US avg: 5.1%
Professional, scientific, technical2%
US avg: 4.2%
Wholesale trade2%
US avg: 7.2%
Education & health services0.4%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$535,600
+52%inflation adjusted, since 2000
from $277,900 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$1,384
+24%inflation adjusted, since 2000
from $881 in 2000
US average: $853
Owner-occupied
55.1%
−29.9 ptssince 2000
from 85.0% in 2000
20.8% rent
Vacancy rate
3.3%
−2.3 ptssince 2009
from 5.6% in 2009
US average: 12.1%
Owner cost-burdened
31.3%
+4.0 ptssince 2009
from 27.3% in 2009
US average: 30.9%
Renter cost-burdened
51.1%
+1.1 ptssince 2009
from 50.0% in 2009
US average: 46.8%
Afford Score
5.0
+62%since 2000
from 3.1 in 2000
1990 – 2024
RELATED:See current rent listings in Pennington on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.4%(2,546)
Black2.6%(71)
Hispanic / Latino1.2%(32)
Asian1%(27)
Other0%
Diversity Score11.7%(316)
2010
White, non-Hispanic94.1%(2,432)
Black1.7%(45)
Hispanic / Latino1.4%(37)
Asian1.8%(46)
Other0%(0)
Diversity Score12.1%(312)
Diversity Score
12
+3%since 2000
from 12 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
72.4%
+2.9 ptssince 2000
from 69.5% in 2000
US average: 27.9%
High school or higher
97.8%
+0.7 ptssince 2000
from 97.1% in 2000
US average: 84.9%
Graduate degree
37.3%
+4.4 ptssince 2000
from 33.0% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
24.9 min
+48%since 2000
from 16.8 min in 2000
US average: 25.2
Drive alone to work
82.4%
+2.0 ptssince 2009
from 80.4% in 2009
US average: 76.2%
Carpooled to work
4.8%
+0.9 ptssince 2009
from 3.8% in 2009
US average: 10.4%
Public transit
3.2%
−0.5 ptssince 2009
from 3.7% in 2009
US average: 4.7%
Worked from home
4.8%
+0.1 ptssince 2009
from 4.7% in 2009
US average: 4.1%
Walked to work
4.9%
−2.5 ptssince 2009
from 7.4% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
10.3%
+3.7 ptssince 2009
from 6.7% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
17.4%
−2.0 ptssince 2009
from 19.4% in 2009
US average: 12.9%
Management & professional
71.6%
−9.8 ptssince 2009
from 81.4% in 2009
US average: 35.2%
Section 08

People & community

Male
45.6%
+1.1 ptssince 2009
from 44.5% in 2009
Female
54.4%
−1.1 ptssince 2009
from 55.5% in 2009
Foreign born
5.8%
+0.7 ptssince 2009
from 5.1% in 2009
US average: 12.8%
Veterans
7.7%
−35.0 ptssince 2009
from 42.7% in 2009
US average: 9.9%
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Compare Pennington to nearby cities

PENNINGTON VS
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Income$192,079+79%
Home value$1,050,600+96%
Population31,469+989%
SEE FULL COMPARISON →
PENNINGTON VS
Trenton
Income$52,537−51%
Home value$160,700−70%
Population91,506+3067%
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PENNINGTON VS
Mercerville
Income$128,277+20%
Home value$358,600−33%
Population13,535+369%
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PENNINGTON VS
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Income$138,162+29%
Home value$397,000−26%
Population11,622+302%
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Frequently asked

How many people live in Pennington, New Jersey?

Pennington, New Jersey has about 2,585 residents according to the 2010 American Community Survey.

What is the median household income in Pennington, New Jersey?

The typical household in Pennington, New Jersey earns about $107,250 a year. Half of households make more than that, and half make less.

Is Pennington, New Jersey expensive?

In Pennington, New Jersey, the median home is worth about $535,600, and the typical rent is about $1,384 a month.

How educated are people in Pennington, New Jersey?

About 72.4% of adults age 25 and over in Pennington, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Pennington, New Jersey?

About 6.0% of people in Pennington, New Jersey live below the federal poverty line.

Has Pennington, New Jersey grown since 1990?

Yes, Pennington, New Jersey has grown since 1990. The population has added about 48 residents, a change of about 2 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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