Pennington is a very small borough located in the state of New Jersey. With a population of 2,840 people and two associated neighborhoods, Pennington is the 389th largest community in New Jersey. Pennington has an unusually large stock of pre-World War II architecture, making it one of the older and more historic boroughs. 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 91.29% of the workforce employed in white-collar jobs, well above the national average. Overall, Pennington is a borough of professionals, managers, and service providers. There are especially a lot of people living in Pennington who work in management occupations (16.11%), teaching (11.37%), and healthcare (10.33%). 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. Telecommuters are a relatively large percentage of the workforce: 23.22% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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. In addition, Pennington is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel. 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.If knowledge is power, Pennington is a pretty powerful place. 73.58% of the adults in Pennington have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Pennington in 2022 was $88,350, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $353,400 for a family of four. Pennington is a somewhat ethnically-diverse borough. 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 Asian. Important ancestries of people in Pennington include Irish, English, German, Italian, and Polish. The most common language spoken in Pennington is English. Other important languages spoken here include Spanish and Chinese.
