2024 Compare Cities Economy:
Pennington, NJ vs Newtown, PA

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Highlights
- Household income in Newtown, is 7% less than it is in Pennington and is 48% above the National Average.
- Pennington unemployment rate is 6.2%.
- Newtown unemployment rate is 6.1%.
 Pennington, NJNewtown, PAUnited States
 Unemployment Rate6.2%6.1%6.0%
 Recent Job Growth1.3%0.4%1.6%
 Future Job Growth29.4%28.4%33.5%
 Sales Taxes6.6%6.0%6.2%
 Income Taxes5.5%4.1%4.6%
 Income per Cap.$72,510$87,646$37,638
 Household Income$141,250$132,031$69,021
 Family Median Income$166,473$171,115$85,028
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 Est. Households By Income
 Pennington, NJNewtown, PAUnited States
 Income Less Than 15K3.8%1.7%9.4%
 Income between 15K and 20K2.9%2.2%3.8%
 Income between 20K and 30K4.1%4.4%8.1%
 Income between 30K and 40K3.2%6.3%8.0%
 Income between 40K and 50K2.9%3.4%7.6%
 Income between 50K and 60K5.6%5.6%7.2%
 Income between 60K and 75K5.4%9.3%9.6%
 Income between 75K and 100K10.1%6.6%12.8%
 Income between 100K and 150K14.0%17.7%16.3%
 Income between 150K and 200K19.6%13.0%7.8%
 Income greater than 200K28.5%29.7%9.5%
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 Population By Occupation
 Pennington, NJNewtown, PAUnited States
 Management, business, finance25.6%31.9%16.4%
 Engineering, computers, science9.7%10.9%6.5%
 Community, social services1.7%1.1%1.8%
 Legal6.5%4.1%1.2%
 Education, library17.3%5.4%6.2%
 Arts, design, media, sports, entertainment5.7%4.6%2.0%
 Healthcare practitioners and technology6.4%7.2%6.2%
 Healthcare support3.1%0.4%3.3%
 Firefighters, law enforcement1.0%0.9%2.1%
 Food preparation, serving2.1%3.6%5.4%
 Building maintenance3.6%1.4%3.6%
 Personal care1.2%3.0%2.6%
 Sales, office, administrative support9.2%20.6%20.9%
 Farming, fishing, forestry0.6%0.0%0.6%
 Construction, extraction, maintenance/repair4.5%2.1%8.1%
 Production, transportation, material moving2.1%2.9%13.1%
Reviews for Pennington    2 Reviews

Over 10 years ago

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

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Over 17 years ago

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  More

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Reviews for Newtown    5 Reviews

Since moving here I've had a lot of mixed feelings. It hasn't been the town that I thought it was. I moved here from another part of the suburbs seeking a better life,  More

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Over 11 years ago

very overpriced and getting  More

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Over 16 years ago

It has something for everyone. The downtown area has charming shopping and eateries. It is centrally located to 95, trains to NY and NJ. Only 1 hour from the shore. The  More

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