PlainZIP

Pennington, NJ · standard

ZIP Code 08534

Mercer County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

12,929
228/sq mi
$175,573
Median income
$573,000
Median home value
70.6%
Bachelor's or higher

The verdict

Pennington pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 2%
household income, US ZIPs
Top 10%
home value, US ZIPs
228
people per sq mi
88%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 08534 against every reporting US ZIP.

ZIP code 08534 is a mid-sized community (a standard USPS delivery area) in Pennington, Mercer County, New Jersey, home to 12,929 residents across 56.8 square miles, a density of 228 people per square mile, in the New York time zone.

ZIP 08534 skews affluent, with a median household income of $175,573 (44% above the New Jersey average), while per-capita income is $82,788. Poverty here runs at 3.7%, with unemployment measured at 3.4%. Housing costs here run $573,000 for a typical home value (11% above the state average), with rent averaging $2,004 a month; 88.2% of homes are owner-occupied.

This is a highly-educated ZIP: 70.6% of adults hold a bachelor's degree or higher, the median age is 41.6, and the average commute is 28 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Mercer County, letting you compare 08534 to its immediate surroundings rather than a national baseline alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 08534

Top 5 sectors by establishment count in Pennington, NJ

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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

How ZIP 08534 ranks nationally

Pennington, NJ household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$175,573 Top 2% higher than 98% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). Below this entry. $160,000–$180,000: 364 US ZIPs (1%). This entry sits in this band. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

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)

How have home values changed over time?

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 08534 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 08534 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 08534 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 08534 ranks #2 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

08540 standard
Princeton, NJ
Pop: 47,115
08618 standard
Trenton, NJ
Pop: 38,229
08648 standard
Lawrence Township, NJ
Pop: 32,263
08610 standard
Trenton, NJ
Pop: 30,468
08611 standard
Trenton, NJ
Pop: 28,038
08520 standard
Hightstown, NJ
Pop: 27,869

Related Areas

Mercer County Pennington, NJ New Jersey

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.

Read our methodology to see how this data is sourced, computed, and verified.