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Pennington borough, NJ
ZIP 08534 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
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Income, employment, industries, and economic trends
Income & Economy in Pennington borough, NJ (08534)
Median Income
$180,491
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+848
Wealth inflow
Population
13,174
Unemployment
2.6%
1.1pp below US avg
IRS migration statistics show a net inflow of about 848 for ZIP 08534 (Pennington borough, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 08534 (2020–Present)
Since 2020, population declined 0.3%, median income rose 14.6% (inflation-adjusted), home values increased 5.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $180,491 |
| Unemployment | 2.6% |
| Establishments | 487 |
| Employees | 12,585 |