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2024 Compare Cities Economy:
Pennington, NJ vs Wellesley, MA

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Highlights
- Household income in Wellesley, is 60% more than it is in Pennington and is 69% above the National Average.
- Pennington unemployment rate is 6.2%.
- Wellesley unemployment rate is 5.8%.

Economy
 Pennington, NJWellesley, MAUnited States
 Unemployment Rate6.2%5.8%6.0%
 Recent Job Growth1.3%4.3%1.6%
 Future Job Growth29.4%40.8%33.5%
 Sales Taxes6.6%6.3%6.2%
 Income Taxes5.5%5.1%4.6%
 Income per Cap.$72,510$97,262$37,638
 Household Income$141,250$226,250$69,021
 Family Median Income$166,473$250,001$85,028
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 Est. Households By Income
 Pennington, NJWellesley, MAUnited States
 Income Less Than 15K3.8%4.2%9.4%
 Income between 15K and 20K2.9%1.4%3.8%
 Income between 20K and 30K4.1%2.8%8.1%
 Income between 30K and 40K3.2%2.5%8.0%
 Income between 40K and 50K2.9%1.9%7.6%
 Income between 50K and 60K5.6%2.7%7.2%
 Income between 60K and 75K5.4%5.1%9.6%
 Income between 75K and 100K10.1%5.4%12.8%
 Income between 100K and 150K14.0%10.7%16.3%
 Income between 150K and 200K19.6%7.7%7.8%
 Income greater than 200K28.5%55.7%9.5%
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 Population By Occupation
 Pennington, NJWellesley, MAUnited States
 Management, business, finance25.6%33.9%16.4%
 Engineering, computers, science9.7%8.7%6.5%
 Community, social services1.7%0.8%1.8%
 Legal6.5%4.3%1.2%
 Education, library17.3%10.3%6.2%
 Arts, design, media, sports, entertainment5.7%3.9%2.0%
 Healthcare practitioners and technology6.4%8.3%6.2%
 Healthcare support3.1%0.3%3.3%
 Firefighters, law enforcement1.0%0.8%2.1%
 Food preparation, serving2.1%2.9%5.4%
 Building maintenance3.6%1.0%3.6%
 Personal care1.2%2.0%2.6%
 Sales, office, administrative support9.2%18.5%20.9%
 Farming, fishing, forestry0.6%0.0%0.6%
 Construction, extraction, maintenance/repair4.5%1.3%8.1%
 Production, transportation, material moving2.1%2.9%13.1%

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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 Wellesley    0 Reviews

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