Pennington is a very small borough located in the state of New Jersey. With a population of 2,531 people and two constituent neighborhoods, Pennington is the 404th largest community in New Jersey.
Housing costs in Pennington are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Pennington is a decidedly white-collar borough, with fully 90.42% of the workforce employed in white-collar jobs, well above the national average. Overall, Pennington is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Pennington who work in management occupations (19.56%), teaching (14.49%), and business and financial occupations (10.93%).
Of important note, Pennington is also a borough of artists. Pennington has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Pennington’s character.
Also of interest is that Pennington has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.29% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Pennington is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Pennington really has some of the features that families look for when choosing a good community to raise children. Is Pennington perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In Pennington, a lot of people use the train to get to work every day though Pennington is a relatively small borough. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you like to read, write and learn? If you move to Pennington, you'll likely find that many of your neighbors like to as well. Pennington is one of the more educated communities in America, with a full 70.92% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Pennington in 2010 was $67,007, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $268,028 for a family of four.
The people who call Pennington home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Pennington residents report their race to be White, followed by Black or African-American. Important ancestries of people in Pennington include Irish, Italian, German, English, and Polish.
The most common language spoken in Pennington is English. Other important languages spoken here include Spanish and French.