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Penns Grove, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,882
Population
$45,781
Median Income
$178,200
Home Value
25.1
Median Age

Demographics

Penns Grove has a population of 4,882 with a median age of 25.1. Here is the racial and ethnic breakdown of the population:

Hispanic
42.5%
Black
38.5%
White
35.5%
Demographic Value
Total Population4,882
Median Age25.1
White35.5%
Black or African American38.5%
Asian0.4%
Hispanic or Latino42.5%
Penns Grove, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 117.Hispanic/Latino: 36.4%Black: 32.9%White: 30.4%Other: 0.3%4,882PopulationHispanic/LatinoHispanic/Latino36.4%BlackBlack32.9%WhiteWhite30.4%OtherOther0.3%

Income & Economy

The median household income in Penns Grove is $45,781, which is 43.2% below the national median of $80,610. The per capita income is $19,275. The poverty rate is 44.1%.

$45,781
Median Household Income
$19,275
Per Capita Income
44.1%
Poverty Rate

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Education

In Penns Grove, 79.4% of residents age 25+ have a high school diploma or higher, and 15.2% hold a bachelor's degree or higher (5.3% with a graduate or professional degree).

HS Diploma+
79.4%
Bachelor's+
15.2%
Graduate+
5.3%
Education Level % of Adults (25+)
High School Diploma or Higher79.4%
Bachelor's Degree or Higher15.2%
Graduate or Professional Degree5.3%

Housing

The median home value in Penns Grove is $178,200, below the national median of $303,400. The median monthly rent is $1,117. The homeownership rate is 35.0%.

$178,200
Median Home Value
$1,117/mo
Median Rent
35.0%
Homeownership Rate
Housing Metric Value
Median Home Value$178,200
Median Monthly Rent$1,117
Homeownership Rate35.0%
Vacancy Rate18.7%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Penns Grove, New Jersey?
The population of Penns Grove, New Jersey is 4,882 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Penns Grove, New Jersey?
The median household income in Penns Grove, New Jersey is $45,781. This is 43.2% below the national median of $80,610.
What is the median home value in Penns Grove, New Jersey?
The median home value in Penns Grove, New Jersey is $178,200. The median monthly rent is $1,117.
What percentage of people in Penns Grove have a college degree?
In Penns Grove, New Jersey, 15.2% of adults age 25 and older hold a bachelor's degree or higher, and 79.4% have a high school diploma or higher.
Is Penns Grove, New Jersey an affordable place to live?
The home price-to-income ratio in Penns Grove, New Jersey is 3.9x (median home value $178,200 vs. median income $45,781), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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