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Pennington, NJ

Borough in Mercer County, New Jersey. ZIP codes: 08534.

Population

2,827

Land area

1sq mi

People per sq mi

2,942

ZIP codes

1

Pennington and its ZIP codes

Pennington at a glance

  • Pennington is about 2.3 times as dense as New Jersey as a whole.
  • Households here earn a median of $192,586 a year, 86% more than the New Jersey figure of $103,556.
  • A typical owner-occupied home is valued at $672,900 (48% above New Jersey) and median rent is $1,886 a month.

Local data for Pennington, NJ

Counts from official public data

Housing and community stats

Pennington, NJ, American Community Survey 2020-2024

Full profile

Median household income

$192,586

Poverty rate

4.8%

Median home value

$672,900

Median rent

$1,886/mo

Homeownership

81.7%

Bachelor's or higher

73.4%

Median age

47.8

Average commute

27.3 min

Largest reported origins and ancestries: Irish Americans (561), German Americans (466), Italian Americans (404).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Mercer County. PPP loans are for Pennington.

Details

Unemployment rate

4.9%

Aug 2026, -1.1 pts in a year

Average annual pay

$94,418

261,312 jobs, 2025

Income per person

$87,068

BEA, 2024

Federal spending

$4.7B

FY 2026, $12,169 per person

PPP loans

$41.9M

566 loans, 4,906 jobs reported

Mercer County economyFederal spendingPPP loans

How people get to work

Pennington, NJ, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone61.6%
  • Carpooled4.6%
  • Public transit3.3%
  • Walked4.4%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other2.0%
  • Worked from home24.1%

Average one-way commute: 27.3 minutes for people who do not work from home.

Environment and hazard risk

Pennington, NJ, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively High

Top: strong wind

Storm events since 1996

1,115

Countywide, mostly thunderstorm wind

Flood insurance policies

1,294

1.2% of homes, county

July high / Jan low

86° / 24°F

45.6 inches of rain a year

Hazards, floods and storm historyCheck a flood zone2 historic places

Health statistics

Share of adults in Pennington, NJ, CDC PLACES estimates

All 40 measures

Obesity

21.1%

U.S. 33.3% -12.2 pts

Diabetes

8.2%

U.S. 12.1% -3.9 pts

Smoking

6.7%

U.S. 12.8% -6.1 pts

Uninsured (18-64)

4.5%

U.S. 11.1% -6.6 pts

ZIP codes in Pennington

1 in or overlapping Pennington. Population shown

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Cities near Pennington

Frequently asked questions

What county is Pennington, NJ in?
Pennington is in Mercer County, New Jersey.
What ZIP codes are in Pennington, NJ?
ZIP codes in or overlapping Pennington include 08534.
What is the population of Pennington, NJ?
About 2,827 people live in Pennington, based on American Community Survey 5-year estimates.
What cities are near Pennington?
Nearby places include Lawrenceville (3.4 mi), The College of New Jersey (4 mi), Washington Crossing (4.3 mi), Hopewell (4.6 mi), Titusville (4.7 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023