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LOCAL GUIDE

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All About

Living In Pennington, NJ

The small town of Pennington, New Jersey is home to approximately 3,000 people. It's a nice place to settle down, as retirees account for a greater percentage of the population (23%) here than they do nationally (14%), while young professionals are less well-represented. Overall, the town's residents, at an average age of just under 44, are older than most cities in New Jersey. Just 25% of residents rent in Pennington, as most own their homes. Relatively high rent costs may be a contributing factor, as the average rent of $1,527 a month is substantially higher than the state average of $1,272.

With an average commute time of about 28 minutes, quicker than most cities in New Jersey, Pennington residents have found that getting to work isn't overly time-consuming. Many residents (36%) commute to work by car or truck, while public transportation isn't extensively used. Walking (3%) isn't a common means of commuting to work, though the number does exceed the national average.

Compared to the national average (7%), Pennington has a large concentration of residents over the age of 25 with advanced degrees, as 22% possess a Master's or a Doctoral degree. Further, 22% possess a Bachelor's degree, which also outpaces the national average. There are two primary industries in Pennington: education and scientific. Together, these industries make up 22% of the town's workforce. Meanwhile, in terms of job function, many residents work in management, which ranks as the top profession in the town. With an average annual income of around $127,000, Pennington workers earn around $41,000 more than their peers elsewhere in New Jersey. The town's average income also compares favorably to the national average ($73,345).


Frequently Asked Questions About Pennington

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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