Pennington, NJ
2,827Residents
$192,586Median household income
$1,886/moMedian gross rent
$672,900Median home value
47.8Median age
73%Adults with a bachelor’s degree or higher
82%Homes lived in by their owners
3.5×Home value to household income
Median rent takes about 12% of the median household income in Pennington.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $75,000 a year. In New Jersey that leaves roughly $4,820 a month after tax. See the full paycheck breakdown for $75,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.