Here you can view a chart indicating the percentage of the population that lives below the poverty line in Pennington City, NJ. The chart uses a logarithmic scale on the y-axis to reflect the variations that occur in smaller modes of transportation. The chart below shows households in Pennington, NJ distributed by car ownership buckets. The largest percentage of households have two cars. The remaining buckets are non-workers and people who are not citizens.
The eviction rate for Pennington City is relatively low, compared to other nearby cities and towns. While many addresses have multiple evictions in a year, this number is significantly lower than the rate in neighboring Coffeeville or Repton. It may also be an indicator of a declining economy. Residents can also find out where the lowest income neighborhoods are located based on where they live.
The median income for a household in Pennington City is $132,500, which is higher than the national average of $65,705. There is a high level of economic inequality in the city, as males earn more than women. The median income of a household in Pennington City is $127,500, which is higher than the average income in the state of New Jersey. The highest-paying industries in Pennington City are Manufacturing (18457 jobs), Transportation & Utilities (164), and Professional, Scientific, & Technical Services (176138).
The city of Pennington, NJ is located in Mercer County. The city has a median property value of $564,000, and its homeownership rate is 73.4%. The average commute time for workers in Pennington, NJ is 25.3 minutes. Among Pennington's residents, most drive alone to work. The median car ownership rate was two per household. If you're interested in the average income, however, you can look at the poverty rate.