Everything You Should Know Before Moving to Pennington, NJ
Considering a move to Pennington, NJ? This charming small town of 2,540 residents boasts a high median home value of $580,000 and average rents around $2,050, reflecting its desirable location and strong community. Pennington is known for its outstanding schools—over 74% of residents hold a bachelor's degree or higher—and has very low crime rates, providing a safe, welcoming environment. Residents enjoy short 29-minute commutes, a comfortable climate with four seasons, and access to top healthcare nearby. With high incomes, low poverty, and a focus on education, Pennington is ideal for families and professionals seeking an upscale, peaceful lifestyle.
Demographics - Pennington, NJ
Demographics - Pennington, NJ
Pennington is a close-knit community of 2,540 residents with a median age of 47.2, reflecting a mature and established population. The town is predominantly White, with a small but present Asian and African American population, and about 7% of residents speak a language other than English at home. Its moderate population density and balanced gender ratio contribute to a welcoming, family-friendly atmosphere.
Population:
2,540
Density:
2,300 per sq mi
Median Age:
47.2
Gender Ratio:
91 males per 100 females
Non-English Speakers Percentage:
7.1%
Ethnic Composition
White:
88.2%
Black:
2.5%
Asian:
4.8%
Others:
4.5%
Cost Of Living
What is the average cost of living in Pennington, NJ?
Living in Pennington comes with a higher-than-average cost of living, as indicated by a cost of living index of 136.0. The median home value stands at $580,000, and average rent is about $2,050, reflecting the town’s desirable location and quality of life. Residents also experience above-average costs in housing, groceries, and transportation.
Median House Value:
$580,000
Gross Rent:
$2,050
Monthly Electricity Charges:
$140
Auto Insurance:
$1,890
House Owner Cost With Mortgage:
$2,600
House Owner Cost Without Mortgage:
$950
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
136.0
Grocery:
122.0
Housing:
150.0
Utilities:
115.0
Transportation:
125.0
Health Care:
114.0
Miscellaneous:
112.0
Crime
Is Pennington, NJ a safe place to live?
Pennington boasts low crime rates, making it a safe place to live and raise a family. With only 40 violent crimes and 310 property crimes per 100,000 people, residents have a much lower chance of being affected by crime compared to national averages. The town's peaceful environment is a significant draw for new residents.
Violent Crimes Per 100k:
40
Property Crimes Per 100k:
310
Crime Index:
350
Chance Of Violent Crime:
1 in 2,500
Chance Of Property Crime:
1 in 323
Weather
What is the weather like in Pennington, NJ year-round?
Pennington experiences all four seasons, with summer highs reaching 85°F and winter lows dipping to 24°F. The area receives about 47 inches of rainfall annually and enjoys sunshine roughly 54% of the year, offering a comfortable climate for outdoor activities. Residents benefit from mild springs and pleasant autumns.
Winter
Min:
24°F
Max:
39°F
Spring
Min:
44°F
Max:
67°F
Summer
Min:
63°F
Max:
85°F
Fall
Min:
47°F
Max:
69°F
Average Rainfall Inches:
47 inches
Sunny Days Percentage:
54%
Neighbors
Pennington is an affluent community, with household incomes averaging $153,000 and a low poverty rate of 2.8%. Residents are highly educated, as over 74% hold a bachelor’s degree or higher, and the unemployment rate remains low at 3.3%. The typical commute is about 29 minutes, and public transport is available but limited.
Median Income:
$57,500
Household Income:
$153,000
Family Income:
$162,000
Per Capita Income:
$72,000
Income Male:
$88,000
Income Female:
$61,000
Poverty Rate:
2.8%
Non English Speakers:
7.1%
Rent:
$2,050
Unemployment Rate:
3.3%
Public Transport Usage:
5.2%
Commute Time:
29.3 minutes
Education
High School or Higher:
97.5%
Bachelors or More:
74.2%
Education
How are the schools in Pennington, NJ?
Pennington is renowned for its strong educational offerings, including top-rated public schools with low student-teacher ratios and a highly regarded private school, The Pennington School. The community is also within a short drive of prominent colleges such as The College of New Jersey and Princeton University. High educational attainment among residents reflects the town’s commitment to academic excellence.
Public Schools
Name:
Toll Gate Grammar School
Street:
36 S. Main St
Phone:
609-737-4008
Students:
350
Student Teacher Ratio:
10.5
Name:
Central High School
Street:
259 Pennington-Titusville Rd
Phone:
609-737-4000
Students:
1,180
Student Teacher Ratio:
12.4
Private Schools
Name:
The Pennington School
Street:
112 W. Delaware Ave
Phone:
609-737-1838
Students:
525
Colleges
Name:
The College of New Jersey
City:
Ewing
State:
NJ
Distance:
7 miles
Students:
7,400
Name:
Princeton University
City:
Princeton
State:
NJ
Distance:
9 miles
Students:
8,500
Healthcare
Residents of Pennington have access to excellent healthcare, with major hospitals like Capital Health Medical Center – Hopewell nearby. The area offers a high physician-to-population ratio of 2.9 per 1,000 people, and over 96% of residents are covered by health insurance. Healthcare resources are readily available for both routine and emergency needs.
Major Hospitals
Name:
Capital Health Medical Center – Hopewell
Address:
One Capital Way, Pennington, NJ 08534
Phone:
(609) 303-4000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Penn Medicine Princeton Medical Center
Address:
1 Plainsboro Rd, Plainsboro Township, NJ 08536
Phone:
(609) 853-7000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.9
Health Insurance Coverage:
96.1%
Health Care Index:
76.2
Housing Market
What is the housing market like in Pennington, NJ?
Pennington's housing market is robust, featuring a median home price of $580,000 and an owner-occupancy rate of 77%. Home values have appreciated by over 5% in the past year, and rental options remain stable, with a vacancy rate of just 4.1%. The area’s low foreclosure rate reflects a healthy, stable real estate environment.
Median Home Price:
$580,000
Average Rent For 2 Bedroom:
$2,050
Owner Occupied Rate:
77.0%
Rental Vacancy Rate:
4.1%
Home Appreciation Rate (1yr):
5.3%
New Construction Rate:
1.1%
Foreclosure Rate:
0.3%
DMV Information
Pennington residents are served by the New Jersey Motor Vehicle Commission, conveniently located in nearby Trenton. The DMV provides a full range of vehicle and licensing services, and information is accessible via their official website. Assistance is available by phone for any motor vehicle-related inquiries.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
225 E. State Street, Trenton, NJ 08666
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.