About Pennington, New Jersey
Pennington, a city located in the state of New Jersey (NJ), is home to a population of approximately 2,780 people. Pennington boasts a median age of 47.5, with around 32.4% of its residents aged 60 or above. 3.2% of the population identifies as US Veterans. 7% of Pennington residents are disabled. The city has an average household income of $166,957, while the unemployment rate stands at 2.8%, and around 3.4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Pennington is $560,794, with a monthly rent averaging $1,862.