| ZIP Code | 08534 |
|---|---|
| City | Pennington |
| State | New Jersey (NJ) |
| County | Mercer County |
| Area Code | 609/640 |
| Elevation | 193 ft |
| Latitude | 40.329422 |
|---|---|
| Longitude | -74.792789 |
| Timezone | New York (DST) |
| FIPS | 34021 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.7 yrs ↓ 6% since 2019 |
|---|---|
| Avg Household Size | 2.69 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 77.8% ▲ 101% above avg |
| Unemployment | 2.7% ▼ 46% below avg |
| No HS Diploma | 48 (0.6%) |
| HS Graduate | 866 (10.8%) |
| Some College | 287 (3.6%) |
| Associates | 586 (7.3%) |
| Bachelors | 594 (7.4%) |
| Graduate Degree | 5,670 (70.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $180,491 ▲ 137% above avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $573,100 ▲ 106% above avg ↑ 20% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $2,106/mo ↑ 28% since 2019 |
| Total Units | 5,107 |
| Vacant Units | 252 |
| Avg HH Size | 2.69 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,107 |
|---|---|
| Vacant | 252 |
| Owner Occupied | 85.6% |
| Renter Occupied | 14.4% |
| Avg HH Size | 2.69 |
ZIP code 08534 is located in Pennington, New Jersey, within Mercer County. With a population of 13,174, this is a lightly populated ZIP code with a middle-aged community — the median age is 43.7 years. Economically, 08534 is a affluent ZIP code: the median household income of $180,491 is more than double the national average.
Real estate in ZIP code 08534 represents a premium housing market. The median home value of $573,100 is more than double the national average. Renters can expect to pay around $2,106 per month in median rent. Homeownership is strong here — 85.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 20% since 2019.
The population of 08534 is primarily White (74.30%). Residents are highly educated — 77.8% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 3.6%. Household income has grown by 31% since 2019.
The unemployment rate in 08534 stands at 2.7%, which is below the national average. A notably high share of workers — 33% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 59%.
Overall, ZIP code 08534 in Pennington, NJ is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 13,174 residents, a median household income of $180,491, and a median home value of $573,100, it offers a clear picture of life in this part of New Jersey.