ZIP Code 08534

standard

Source:

Pennington · Mercer County · New Jersey

Population
12,929

228/sq mi

Median income
$175,573

▲ 130% vs US

higher than 98% of US ZIPs

Median home value
$573,000

▲ 106% vs US

higher than 90% of US ZIPs

Bachelor's or higher
70.6%

Median age 41.6

Land area
56.8 sq mi

New York

ZIP code 08534 in Pennington, New Jersey has a population of 12,929. The median household income is $175,573, which is 130% above the national average. Median home value is $573,000, 106% above the US average. 70.6% of residents hold a bachelor's degree or higher.

ZIP code 08534 is classified by USPS as a standard delivery area and covers roughly 56.8 square miles in Pennington, Mercer County, New Jersey. The area is home to 12,929 residents, producing a population density of 228 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 08534 against New Jersey and the nation.

On the economic side, the median household income for ZIP 08534 sits at $175,573 (44% above the New Jersey average), while per-capita income is $82,788. The poverty rate stands at 3.7% and the unemployment rate at 3.4%. On housing, the median home value is $573,000 (11% above the state average) with median rent at $2,004 per month, and 88.2% of occupied units are owner-occupied, a direct signal of whether 08534 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 70.6% of adults hold a bachelor's degree or higher, the median age is 41.6, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Mercer County, so you can benchmark 08534 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 08534

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 08534.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 08534, Pennington, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

12,929

Population

56.8

Area (sq mi)

228

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 08534?

41.6

Median Age

48.8%

Male

51.2%

Female

17.1%

Foreign-Born

White 74.4%
African American 1.4%
Asian 18.0%
American Indian or Alaska Native 0.6%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.0%
Hispanic or Latino 3.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$175,573

Median Household Income

+44% vs state

$82,788

Per Capita Income

3.7%

Poverty Rate

3.4%

Unemployment Rate

28.4 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 81.3%
Bachelor's Degree or Higher 70.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

5,216

Total Housing Units

4,995

Occupied Units

221

Vacant Units

2.63

Avg Household Size

Occupancy Type

Owner 88.2%
Renter 11.8%

$573,000

Median Home Value

+11% vs state

$2,004

Median Rent

1980

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+4.5%

YoY Change (2024)

206

HPI Index (2000 = 100)

+106%

Total Change Since 2000

Home values in ZIP 08534 have increased 4.5% over the past year (2024). Since 2000, this ZIP has seen +106% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.6% 147
2021 +7.0% 158
2022 +15.9% 183
2023 +7.8% 197
2024 +4.5% 206

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 487 business establishments in ZIP 08534, employing approximately 12,585 people with a combined annual payroll of $1,268,272,000.

487

Businesses

12,585

Employees

$1.3B

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 69 14.2%
Health care and social assistance 66 13.6%
Other services (except public administration) 62 12.7%
Finance and insurance 52 10.7%
Retail trade 48 9.9%
Administrative and support and waste management and remediation services 39 8.0%
Accommodation and food services 39 8.0%
Construction 24 4.9%
Wholesale trade 18 3.7%
Real estate and rental and leasing 17 3.5%
Educational services 15 3.1%
Manufacturing 14 2.9%
Information 11 2.3%
Arts, entertainment, and recreation 9 1.9%
Transportation and warehousing 3 0.6%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 08534 vs 08525 →

ZIP Code City Population Distance
08525 Hopewell, NJ 4,767 4.6 mi
08560 Titusville, NJ 3,656 3.7 mi
08618 Trenton, NJ 38,229 5.7 mi
08628 Trenton, NJ 9,054 4.7 mi
08638 Trenton, NJ 22,832 5.3 mi
08648 Lawrence Township, NJ 32,263 4.9 mi
18977 Washington Crossing, PA 4,291 5.5 mi
08608 Trenton, NJ 983 7.8 mi
08530 Lambertville, NJ 8,071 6.2 mi
19067 Morrisville, PA 51,334 8.6 mi

More ZIP Codes in Mercer County

Frequently Asked Questions

What county is ZIP code 08534 in?
ZIP code 08534 (Pennington) is located in Mercer County, New Jersey. Mercer County contains multiple ZIP codes, see the full list at /counties/mercer-nj.
What is the population of ZIP code 08534?
ZIP code 08534 in Pennington, NJ has a population of 12,929 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08534?
The median household income in ZIP 08534 is $175,573, which is 130% above the national average of $76,288.
What is the average home value in ZIP 08534?
The median home value in ZIP 08534 is $573,000, which is 106% above the national average of $278,155.
What is the demographic makeup of ZIP 08534?
The largest racial group in ZIP 08534 is White at 74.4%. Hispanic or Latino residents make up 3.0% of the population.
How many businesses are in ZIP code 08534?
ZIP code 08534 has 487 business establishments employing approximately 12,585 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 08534?
The top industries by establishment count in ZIP 08534 are: Professional, scientific, and technical services (69), Health care and social assistance (66), Other services (except public administration) (62). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 08534?
According to the FHFA House Price Index, home values in ZIP 08534 increased by 4.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 106%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 08534?
In ZIP code 08534, 81.3% of residents aged 25+ have a high school diploma or higher, and 70.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 08534?
The mean commute time for workers in ZIP code 08534 is 28.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 08534?
In ZIP code 08534, approximately 88.2% of occupied housing units are owner-occupied and 11.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08534?
The poverty rate in ZIP code 08534 is 3.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Pennington, NJ

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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