Commute
An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Located in the state of New Jersey, Pennington is a smaller city with a population of 2,553 people. At 91%, the majority of the Pennington population is White; this is followed by 5% Asian and 2% Black. In Pennington, there seems to be a shift in population towards an older age group. The average age of the population is now 48, which is significantly higher than the nation’s average. 73% of the people in Pennington (over the age of 15) are married and 45% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Pennington your home, your one-way commute time will typically last around 26 minutes, a duration that aligns with the national average commute time of 26 minutes.
Are you trying to decide if living in Pennington is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in New Jersey, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Pennington, AreaVibes has created a livability score using key metrics like crime, health & safety, education, employment, housing and more.
The livability score in Pennington is 79 out of 100 and the city is ranked in the 95th percentile of all cities across America. Clearly, Pennington is doing something right, as this score ranks well above the average of most cities. Another exciting tidbit, is that Pennington ranks better than 90% of all US cities! For each of the livability categories, we see that Pennington ranks very well for crime (A+), education (A) and housing (A-). There is at least one category that did not score well in Pennington. The following was graded with a less than perfect score: amenities (F).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Pennington has an unemployment rate of 1.97% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Pennington apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Pennington. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Pennington are affordable. The median home price for Pennington homes is $553,100, which is 74.8% higher than the New Jersey average. If we take a closer look at the affordability of homes in Pennington, we’ll see that the home price to income ratio is 4.1, which is 4.7% lower than the New Jersey average.
| Statistic | Pennington | New Jersey | National |
| Average one way commute | 26min | 31min | 26min |
| Workers who drive to work | 75.3% | 71.7% | 76.4% |
| Workers who carpool | 3.8% | 8.1% | 9.3% |
| Workers who take public transit | 4.8% | 11.2% | 5.1% |
| Workers who bicycle | 0.5% | 0.3% | 0.6% |
| Workers who walk | 5.5% | 3.0% | 2.8% |
| Working from home | 9.4% | 4.1% | 4.6% |
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