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Zip Code 08534 - Population, Income & Demographics

Popular Secions:

πŸ’° Income         | πŸͺ™ Poverty

🚻 Age & Sex    | 🀝 Race

πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦ Households  | πŸ—£οΈ Language  | πŸŽ“ Education

πŸ’Ό Employment | 🏭 Industry     | 🏠 Housing

🌍 State: NJ - New Jersey

🏑 City: Pennington

πŸ—ΊοΈ County: Mercer County

⏰ Timezone: America/New_York

☎️ Area Codes: 609, 640

Income

The median income of households in 08534 was $180,491. An estimated 1.8% of households had income below $10,000 a year and 46.8% had income of $200,000 or more.

Household Income in 08534 in 2019-2023

View Data Table ↓

Percent
Less than $10,000 1.8
$10,000 to $14,999 3.4
$15,000 to $24,999 1.6
$25,000 to $34,999 1.2
$35,000 to $49,999 3.2
$50,000 to $74,999 6.8
$75,000 to $99,999 8.6
$100,000 to $149,999 15.7
$150,000 to $199,999 11
$200,000 or more 46.8

Median Earnings for Full-Time Year-Round Workers by Sex in 08534 in 2019-2023

View Data Table ↓

Dollars
Male 137620
Female 106638

An estimated 78.4% of households received earnings. An estimated 27.8% of households received Social Security and an estimated 27.1 % of households received retirement income other than Social Security. The average income from Social Security was $30,441. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 08534 in 2019-2023

View Data Table ↓

Percent
Earnings 78.4
Social Security 27.8
Retirement income 27.1
Supplemental Security Income (SSI) 3.4
Cash public assistance income 1.1

Poverty and Participation in Government Programs

In 2019-2023, 3.6 % of people were in poverty. An estimated 2.3% of children under 18 were below the poverty level, compared with 4.2% of people 65 years old and over. An estimated 4.1% of people 18 to 64 years were below the poverty level.

Poverty Rates in 08534 in 2019-2023

View Data Table ↓

Percent
People in poverty 3.6
Children under 18 years below poverty 2.3
People 65 years old and over below poverty 4.2
People 18 to 64 years below poverty 4.1

In 2019-2023, 2.5 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 30% of households that received SNAP had children under 18, and 40.8% of households that received SNAP had one or more people 60 years and over. An estimated 6.7% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 08534 in 2019-2023, 98.3% had health insurance coverage and 1.7% did not have health insurance coverage. Private coverage was 89.6% and public coverage was 21.6%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 0.1%.


In 2019-2023, 08534 had a total population of 13,174 - 6,701 (50.9%) females and 6,473 (49.1%) males. The median age was 43.7 years. An estimated 26.8% of the population was under 18 years, 24.3% was 19 to 44 years, 29.8% was 45 to 64 years, and 17.3 % was 65 years and older.

Population by Age and Sex for 08534 in 2019-2023

Male Female
Under 5 340 305
5 to 9 650 393
10 to 14 497 492
15 to 19 556 540
20 to 24 299 148
25 to 29 117 140
30 to 34 276 256
35 to 39 372 595
40 to 44 559 432
45 to 49 369 526
50 to 54 552 497
55 to 59 355 528
60 to 64 505 591
65 to 69 385 285
70 to 74 258 342
75 to 79 195 199
80 to 84 131 192
85 and over 57 240

Hispanic Origin and Race

For people reporting one race alone, 75.3% were White; 1% were Black or African American; 0.6% were American Indian and Alaska Native; 0% were Asian; 1.8% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 4.1% reported Two or More Races. An estimated 0% of the people in 08534 were Hispanic or Latino. An estimated 0.2% of the people in 08534 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2019-2023, there were 4,855 households in 08534. The average household size was 2.69 people.

Married-couple households made up 64.5% of the households in 08534 while cohabiting couple households made up 3.5% of households. Female householders with no spouse or partner present were 23.5% of all households, while 8.5% of households had male householders with no spouse or partner present. Some households had one person, as 5.4% of households were male householders living alone, and 19.7% were female householders living alone, for a total of 25.1% of all households.

In 08534, 37.4% of all households had one or more people under the age of 18; 34% of all households had one or more people 65 years and over.

Types of Households in 08534 in 2019-2023

View Data Table ↓

Percent
Married-couple households 64.5
Cohabiting Couples 3.5
Male Householder
No spouse/partner present
8.5
Female Householder
No spouse/partner present
23.5

Marital Status

Among persons 15 and older, 66.8% of males and 58.5% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 26.8 25.9
Now married, except separated 66.8 58.5
Separated 0.5 0.6
Widowed 1.1 7.9
Divorced 4.8 7.1

Grandparents and Grandchildren

In 08534, 154 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 0% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2019-2023, an estimated 82.9% of the people living in 08534 were U.S. natives. 47.9% of the 08534 population were living in the state where they were born.

Approximately 17.1% of 08534 residents in 2019-2023 were foreign-born. 61% of foreign-born were naturalized U.S. citizens and an estimated 66.8 % entered the country before the year 2010.

Foreign-born residents of 08534 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2019-2023 for 08534.

Region of Birth for the Foreign-Born Population in 08534 in 2019-2023

View Data Table ↓

Percent
Latin America 4.2
Asia 65.5
Europe 23.6
Africa 3.2
Northern America 3.6
Oceania 0

Language

Among people at least five years old living in 08534 in 2019-2023, 19.7 % spoke a language other than English at home. Spanish was spoken by 1.4% of people at least five years old; 5.4% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 08534 in 2019-2023

View Data Table ↓

Percent
Spanish 1.4
Other Indo-European languages 9.7
Asian and Pacific Islander languages 8.2
Other languages 0.4

Geographic Mobility

In 2019-2023, 92.8 % of the people at least one year old living in 08534 were living in the same house one year earlier.

Geographic Mobility of Residents of 08534 in 2019-2023

View Data Table ↓

Percent
Same house 92.8
Different house, same county 3.6
Different county, same state 1.9
Different state 1
Abroad 0.6

Education

In 2019-2023, 97.4 % of people 25 years and over had at least graduated from high school and 71.9% had a bachelor's degree or higher. An estimated 2.5% did not complete high school.

The total school enrollment in 08534 was 3,650 in 2019-2023. Nursery school enrollment was 250 and kindergarten through 12th grade enrollment was 2,794. College or graduate school enrollment was 606.

Educational Attainment of People in 08534 in 2019-2023

View Data Table ↓

Percent
Less than high school diploma 2.5
High school diploma or equivalency 9.7
Some college, no degree 9.2
Associate's degree 6.6
Bachelor's degree 33.9
Graduate or professional degree 38

Disability

In 08534, among the civilian noninstitutionalized population in 2019-2023, 6.8 % reported a disability. The likelihood of having a disability varied by age - from 2.7% of people under 18 years old, to 4% of people 18 to 64 years old, and to 22.4% of those 65 and over.


Employment Status and Type of Employer

In 08534, 63.6 % of the population 16 and over were employed; 34.7% were not currently in the labor force.

An estimated 81.3% of the people employed were private wage and salary workers; 13.8% were federal, state, or local government workers; and 4.8 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 5,255 81.3
Federal, state, or local government workers 894 13.8
Self-employed workers in own not incorporated business 312 4.8

Industries

In 2019-2023, the civilian employed population 16 years and older in 08534 worked in the following industries:

Percent by Industry in 08534 in 2019-2023

View Data Table ↓

Percent
Agriculture, forestry, fishing and hunting, and mining 0.5
Construction 3.6
Manufacturing 14.5
Wholesale trade 1.2
Retail trade 4.5
Transportation and warehousing, and utilities 3.9
Information 2
Finance and insurance, and real estate and rental and leasing 11.1
Professional, scientific, and management, and administrative and waste management services 20.4
Educational services, and health care and social assistance 27
Arts, entertainment, and recreation, and accommodation, and food services 3.6
Other Services, except public administration 2.4
Public administration 5.3

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 08534 in 2019-2023

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 4,470 69.2
Service occupations 502 7.8
Sales and office occupations 747 11.6
Natural resources, construction, and maintenance occupations 311 4.8
Production, transportation, and material moving occupations 431 6.7

Commuting to Work

An estimated 58.6% of 08534 workers drove to work alone in 2019-2023, and 3% carpooled. Among those who commuted to work, it took them on average 27.6 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 08534 in 2019-2023

View Data Table ↓

Percent
Car, truck, van -- drove alone 58.6
Car, truck, van -- carpooled 3
Public transportation (excluding taxicab) 3.9
Walked 0.9
Other means 0.5
Worked from home 33.1

In 2019-2023, 08534 had a total of 5,107 housing units. Of these housing units, 89.3% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 10.6% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 0% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 08534 in 2019-2023

View Data Table ↓

Percent
Single-family houses 89.3
Apartments in multi-unit structures 10.6
Mobile homes 0
Boat, RV, van, etc 0

4.4% of the housing inventory was comprised of houses built since 2010, while 14.1% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 08534 was 7.4 rooms, and of these housing units 80.6% had three or more bedrooms.


In 2019-2023, 08534 had 4,855 housing units that were occupied or had people living in them, while the remaining 252 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 85.6% while renters occupied 14.4%. The average household size of owner-occupied houses was 2.78 and in renter-occupied houses it was 2.12.

4.5% of householders of these occupied houses had moved into their house since 2021, while 13.5% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 4.1% and another 24.8% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 08534:

House Heating Fuel Used in 08534 in 2019-2023

View Data Table ↓

Percent
Gas † 71.2
Electricity 7.2
Fuel oil, kerosene, etc 20.8
All other fuels 0.9
No fuel used 0

In 2019-2023, the median property value for owner-occupied houses in 08534 was $573,100.

Of the owner-occupied households, 61.7 % had a mortgage. 38.3% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $3,488 and for owners without a mortgage it was $1,493.

For renter-occupied houses, the median gross rent for 08534 was $2,106. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.