Last updated: 2024 BLS data · Page refreshed:
Pennington has a population of 591 with a median age of 38.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 591 |
| Median Age | 38.3 |
| White | 51.6% |
| Black or African American | 48.4% |
The median household income in Pennington is $29,052, which is 64.0% below the national median of $80,610. The per capita income is $30,618. The poverty rate is 10.3%.
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In Pennington, 76.9% of residents age 25+ have a high school diploma or higher, and 10.9% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 76.9% |
| Bachelor's Degree or Higher | 10.9% |
| Graduate or Professional Degree | 5.4% |
The median home value in Pennington is $90,800, below the national median of $303,400. The median monthly rent is $385. The homeownership rate is 69.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $90,800 |
| Median Monthly Rent | $385 |
| Homeownership Rate | 69.4% |
| Vacancy Rate | 18.7% |
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