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Population
12,990
Median Income
$179,516
Home Value
$478,100
Area Type
Suburban
Verified Data

ZIP Code 08534

Pennington, NJMercer County

Population

10,000 - 25,000

~12,990 residents

Median Income

$179,516

Household median

Home Value

$478,100

Median price

Area Type

Suburban

21.8 sq mi

Location

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Detailed Information

Demographics

Population Range:
10,000 - 25,000
Median Income:
$179,516
Classification:
Suburban

Housing Market

Median Value:
$478,100
Price Range:
$375,000 - $575,000
Land Area:
21.8 sq mi

Data Quality: 100%

Excellent

Data from US Census Bureau 2023US Census Bureau

Zillow Home Value Index

Real-time market data powered by Zillow • Updated October 2025

Metro Area: Trenton-Princeton, NJ

➖ Stable
$674,318

Typical Home Value in 08534

Price Appreciation

1 Month
+0.32%
3 Months
+0.47%
6 Months
+0.31%
1 Year
+0.97%
5 Years
+44.77%

Historical Price Trend

Historical home values show market trends over time. Values are smoothed and seasonally adjusted.

Investment Insight

Stable market: Home values have remained relatively steady with +0.97% change over the past year.

💡 Note: Past performance doesn't guarantee future results. Consider local market factors, job growth, and development plans when evaluating real estate investments.

Zillow Home Value Index (ZHVI) data provided by Zillow Group. ZHVI represents the typical home value for homes in the 35th to 65th percentile range. Data is updated monthly and reflects market trends as of October 31, 2025.

160.1%

Median Income

$179,516

vs state avg

37.6%

Median Home Value

$478,100

vs state avg

Population

12,990

Suburban

Quality of Life

91/100

Excellent

📊 Lifestyle Snapshot

What's It Like to Live in Pennington?

Key insights about ZIP 08534 at a glance

Population

Population

12,990

Suburban community

Median Income

Median Income

$180k

15% vs national avg

Household earnings

Median Home Value

Median Home Value

$478k

20% vs national avg

Housing market

Affordability

Affordability

2.7

Price-to-income ratio

Your Day in Pennington

Education in Pennington, NJ
Morning: Schools & Learning

Start your day with quality education options in Pennington

Shopping & Dining in Pennington, NJ
Midday: Shopping & Dining

Explore local shops and restaurants in Pennington

Parks & Recreation in Pennington, NJ
Evening: Parks & Recreation

Unwind in green spaces and community areas in Pennington

Quick Compare

See how this stacks up

Explore Pennington, NJ

Visual guide to life in this area

Pennington urban cityscape
Cityscape
Dining and entertainment in Pennington
Lifestyle
Shopping areas in Pennington
Shopping
Schools in Pennington
Education
Healthcare facilities in Pennington
Healthcare

Economy & Employment

Job market and economic indicators

Median Household Income
Annual

Median Household Income

$179,516

Median Home Value
Property

Median Home Value

$478,100

Home-to-Income Ratio
Affordability Metric

Home-to-Income Ratio

2.7x

Education & Schools

Educational opportunities and demographics in 08534

Modern school building

Local Schools

Pennington offers diverse educational opportunities for all ages

Education Level

85%

Estimated graduates

Student Age

2858

School-age residents

School Quality

Above Average

Based on area demographics

Healthcare & Wellness

Medical facilities and health resources in your area

Healthcare facility

Quality Healthcare Access

Pennington area has multiple medical facilities serving the community

5-10

Healthcare facilities nearby

< 5mi

Average distance to hospital

Parks & Recreation

Outdoor spaces and recreational activities

Community park

Community Parks

Multiple green spaces and recreational facilities for families

🏞️

Parks

3-5 nearby

Sports

Fields & courts

🏃

Trails

Walking paths

🎪

Events

Community gatherings

Shopping & Dining

Retail, restaurants, and local businesses

Shopping district

Local Shopping

Pennington offers diverse shopping and dining experiences

🍽️

Restaurants

20+ dining options

🛍️

Retail Stores

Major & local shops

Cafes & More

Local favorites

Pros & Cons of Living in ZIP 08534

Advantages

  • High median income at $179,516, well above state average
  • Suburban setting balances urban access and residential calm
  • Strong affordability with home prices around 2.7x median income

Considerations

  • Limited demographic data available for detailed analysis

Living in Pennington, NJ 08534

Pennington offers a unique lifestyle in the heart of NJ. This suburban community provides residents with a close-knit community feel.

Spacious Living

Large lots, privacy, and connection to nature.

Car-Dependent

Personal vehicle necessary for most daily activities.

Upscale Amenities

Higher-end restaurants, boutiques, and services available.

Community Feel

Active neighborhood associations and local events.

Who Lives Here

Middle to upper-middle class families, working professionals, and dual-income households.

Lifestyle & Activities

Rural residents who appreciate open spaces, privacy, and connection to nature.

Household Composition

Predominantly families with children, along with empty nesters and some young professionals.

What's Life Like Here? (AI Insights)

Data & Demographics

Demographic Distribution

Age Distribution

Education Levels

📊 Data Insights

ZIP 08534 by the Numbers

Interactive data visualizations for Suburban living

12%

Total Population

0

8%

Median Income

$0

15%

Home Value

$0

0%

Quality Score

0/100

Comparative Metrics

Population Density
12,990

13.0% of max (100,000)

Income Level
179,516

100.0% of max (150,000)

Housing Market
478,100

59.8% of max (800,000)

46.73

out of 100

Affordability

Fair

25.98

out of 100

Community Size

Below Average

100

out of 100

Economic Strength

Excellent

Transportation & Commute

Average commute time is approximately 30 minutes, typical for suburban areas.

Distance to Major Cities

Regional Hub

15-40 miles

25-60 min

drive time

Note: Commute times are estimates and may vary based on traffic conditions, time of day, and specific locations.

Weather & Climate

Climate Type

Varied regional climate

Seasonal Pattern

Four distinct seasons with typical North American weather patterns

Weather Highlights

  • Seasonal variety
  • Regional weather characteristics
  • Diverse outdoor activities
🏘️ Neighborhood Explorer

Discover Pennington Amenities

Everything you need, right in your neighborhood

Schools in Pennington, NJ

Schools

12+ locations

Healthcare in Pennington, NJ

Healthcare

8+ locations

Shopping in Pennington, NJ

Shopping

50+ locations

Parks in Pennington, NJ

Parks

15+ locations

📈 Comparative Analysis

How Does Pennington Stack Up?

See how ZIP 08534 compares to state and national averages

Income Comparison

This ZIP$180k
NJ Average+8%
National Average+12%

Home Value Comparison

This ZIP$478k
NJ Average+10%
National Average+15%

Ready to Explore More?

Compare Pennington with other areas or find your perfect ZIP code match

Living Here: Pros & Cons (AI Analysis)

Who Lives Here?

Community Profile

ZIP code 08534 in Pennington, NJ (Mercer) is a growing neighborhood with approximately 12,990 residents. The area is classified as suburban, offering a balance of convenience and space.

Income Demographics

The median household income is $179,516, which is high-income area. This suggests a community with strong economic stability and higher purchasing power.

Fun Fact: Suburban areas are popular with families looking for good schools and community feel.

Housing & Rent

Median Home Value

$478,100

Above Average Market

Est. Monthly Rent

$1,912

Typical 2-3BR

Market Overview

The housing market in ZIP 08534 is competitive market with strong appreciation. With a median home value of $478,100, this area represents a premium investment in a sought-after location.

Rent vs Buy

Renting in this ZIP code typically costs around $1,912/month for a 2-3 bedroom home. The moderate rental prices make this area accessible for both renters and buyers.

Jobs & Income

Median Household Income

$179,516

Per Year

Job Market

Pennington offers a diverse job market with opportunities primarily in retail, education, healthcare, and corporate. Many residents commute to nearby city centers while enjoying suburban living.

Commute & Transportation

Average commute times in this area are approximately 25-35 minutes. Most residents drive to work, with access to major highways and roads.

Schools Overview

School Quality

ZIP code 08534 in Pennington, NJ generally features highly rated schools with strong academic programs. The area's excellent school ratings make it a top choice for families prioritizing education.

Education Options

Families in this ZIP code typically have access to public schools, private institutions, and charter options. Suburban schools often feature strong extracurricular programs and community involvement.

Check School Ratings

For detailed school ratings and reviews in ZIP 08534, visit:

GreatSchools.org →

Is ZIP 08534 a Good Place to Live?

Whether ZIP code 08534 in Pennington, NJ is right for you depends on your priorities. Here's a balanced look:

Pros

  • Balance of space and convenience
  • Strong economic stability
  • High-value, appreciating properties

Cons

  • May require commuting for work

The Bottom Line

ZIP code 08534 is perfect for families and professionals seeking community, space, and quality of life. Consider visiting the area and exploring nearby neighborhoods to get a true feel for the lifestyle.

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Frequently Asked Questions

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