08534 Zip Code

April 26, 2024

Zip Code:	08534
City/Town:	Pennington
State:	New Jersey

Population:	12,929
Per Capita Income:	$56,761
Mean Household Income:	$151,981

Total Housing Units:	4,775
Median Home Value:	$256,500
Median Year Homes Built:	1978

Land Area:	21.9 sq miles 56.7 sq kilometers
Water Area:	0.2 sq miles 0.6 sq kilometers

Population Information (08534 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

12,929

Male:

6,242

48.3%

49.2%

Female:

6,687

51.7%

50.8%

Median Age:

43.5 yrs

37.2 yrs

Under 5 years:

671

5.2%

6.5%

5 to 9 years:

989

7.2%

6.6%

10 to 19 years:

2,099

16.2%

13.8%

20 to 29 years:

723

5.6%

13.8%

30 to 39 years:

1,274

9.9%

13.0%

40 to 49 years:

2,395

18.5%

14.2%

50 to 59 years:

2,124

16.4%

13.6%

60 to 69 years:

1,296

10.0%

9.4%

70 to 79 years:

716

5.5%

5.4%

80 years and over:

642

5.0%

3.7%

Housing Information (08534 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$256,500

$119,600

Median year homes build:

1978

1971

Median real estate taxes:

$5,712 / yr.

$1,334 / yr.

Median rent:

$888 / mo.

$519 / mo.

Total households:

4,775

Family households:

3,667

76.8%

66.4%

Nonfamily households:

1,108

23.2%

33.6%

Households with individuals under 18 years:

1,951

40.9%

33.4%

Households with individuals 65 years and over:

1,359

28.5%

24.9%

Average household size:

2.7

Average family size:

3.1

Total housing units:

4,964

Occupied housing units:

4,775

96.2%

88.6%

Vacant housing units:

189

3.8%

11.4%

For rent:

0.7%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

0.8%

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

0.7%

3.5%

All other vacants:

1.2%

2.8%

Homeowner vacancy rate:

0.9%

2.4%

Rental vacancy rate:

6.5%

9.2%

Owner-occupied housing units:

4,302

Population in owner-occupied housing units:

11,893

Average household size of owner-occupied units:

2.8

2.65

Renter-occupied housing units:

473

Population in renter-occupied housing units:

970

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (08534 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

7,593

Less than 9th grade:

0.8%

6.2%

9th to 12th grade, no diploma:

160

2.1%

8.7%

High school graduate (includes equivalency):

960

12.6%

29.0%

Some college, no degree:

1,208

15.9%

20.6%

Associate degree:

427

5.6%

7.5%

Bachelor's degree:

2,429

32.0%

17.6%

Graduate or professional degree:

2,351

31.0%

10.3%

Percent high school graduate or higher:

97.1%

85.0%

Percent bachelor's degree or higher:

63.0%

27.9%

Income Information (08534 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

3,835

29.7%

50.4%

Median income:

$59,313 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,589

20.0%

59.7%

Median income:

$71,788 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,880

30.0%

49.6%

Median income:

$31,472 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,564

12.1%

40.3%

Median income:

$49,278 / yr.

$28,135 / yr.

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