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Pennington, New Jersey   Add Favorite    2 Reviews | Review This Place




Pros

-Nearby college town
-Historic interest
-Moderate living costs

Cons

-Economy
-Long commutes
-Low educational attainment


What Bert Has To Say About Trenton Metro Area


Trenton, the capital of New Jersey, contains a fairly typical mix of government activities with a strong complement of commercial and industrial activities typically found in Mid-sized Eastern cities. Unlike most New Jersey cities, it is more tied economically to the Delaware Valley and Philadelphia than it is to the New York area, but like many places in the state, the area is characterized by contrasts. Numerous well-preserved historic districts date back to the Revolutionary War. Impoverished areas are also present and there’s a strong working-class element.


Bert Suggests test-driving a neighborhood in Pennington with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Pennington


    ECONOMY
    The unemployment rate in Pennington is 4.40 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Pennington jobs have Increased by 3.17 percent.
    COST OF LIVING
    Compared to the rest of the country, Pennington's cost of living is 61.10% Higher than the U.S. average.
    POPULATION
    As of 2014, Pennington's population is 2,598 people. Since 2000, it has had a population growth of 2.40 percent.
    TRANSPORTATION
    Average Commute time is 20 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Pennington is $507,500. Home appreciation the last 10 years has been -13.71%.
    SCHOOLS
    Pennington public schools spend $21,898 per student. The average school expenditure in the U.S. is $12,383. There are about 11.1 students per teacher in Pennington.

Pennington Ranked & Rated



Pennington Housing Market


It's not a good time to buy in Pennington. Home Appreciation is down -0.1% in the last 12 months. Browse Pennington Real Estate.
The median home price in Pennington is $507,500. Browse Homes in this Range.
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Reviews for Pennington, New Jersey


Unknown
Pennington

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  1/4/2014
Very Nice Town

It seems like a very nice town, but we since we just moved in, it's too early to... (Read More)

 48

 62

  8/26/2007
Property Taxes

Cost of property taxes even with the recent reevaluation is making living in Pennington unrealistic. Most of our neighbors are moving 3 miles away to Yardley PA where... (Read More)

 62

 63

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