Living in Penns Grove, New Jersey
Cost of living, income, home prices, rent and demographics of Penns Grove · Census data 2020–2024
Penns Grove has 4,882 residents with a median age of 25.1. The median household income is $45,781 (56% lower than the New Jersey median), the median home value is $178,200, the median rent is $1,117/month.
Penns Grove at a glance
- Population
- 4,882
- Median age
- 25.1State: 40.1
- Median household income
- $45,781State: $103,556
- Median home value
- $178,200State: $454,400
- Median rent
- $1,117/moState: $1,720
- Homeowners
- 35%
- Bachelor's degree or higher
- 15.2%
- Average commute
- 21 min
Is Penns Grove a good place to live?
Pros: Home values 61% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 56% lower than the New Jersey median; unemployment of 13%; a poverty rate of 44.1%.
The weather is best in May–June and September–October.
Cost of living in Penns Grove
Housing is the biggest part of the cost of living. In Penns Grove the median home value is $178,200, 46% lower than the U.S. median. Renters pay a median of $1,117 per month, which is 32.8% of household income. Homeowners with a mortgage pay $1,709 a month in housing costs.
Penns Grove median household income
The median household income in Penns Grove is $45,781 and the income per person is $19,275. 44.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Penns Grove: homes for sale and rent
- Housing units
- 1,919
- Owner-occupied
- 35%
- Renter-occupied
- 65%
- Vacant
- 18.7%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 3.12
Penns Grove demographics
- Population
- 4,882
- Median age
- 25.1
- Under 18
- 42.2%
- 65 and older
- 9%
- Households
- 1,561
- Foreign-born
- 5.2%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Penns Grove ›
Education in Penns Grove
15.2% of adults 25 and older in Penns Grove have a bachelor's degree or higher (New Jersey: 43.6%), and 5.3% have a graduate or professional degree.
Jobs and commute in Penns Grove
- Unemployment rate
- 13%State: 6.3%
- Average commute
- 21 minState: 31 min
- Work from home
- 2.3%
- Drive alone
- 81.9%
- Public transit
- 1.9%
- Walk to work
- 0.5%
- Homes with broadband
- 86%
Penns Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Penns Grove | 4,882 | $45,781 | $178,200 | $1,117 |
| Carneys Point | 8,665 | $79,245 | $201,500 | $1,432 |
| Edgemoor | 6,349 | $59,424 | $290,400 | $1,438 |
| Bellefonte | 1,388 | $90,694 | $289,500 | $1,511 |
| Oldmans | 1,839 | $112,917 | $326,700 | $1,806 |
| Wilmington | 71,727 | $58,671 | $231,400 | $1,224 |
| Pedricktown | 424 | $90,417 | $193,900 | $1,857 |
| Claymont | 8,786 | $74,712 | $276,600 | $1,306 |
| Ardencroft | 213 | $130,688 | $432,100 | — |
More for people moving to Penns Grove
Penns Grove ZIP code ›Weather and climate ›Living in Penns Grove: FAQ
What is the median household income in Penns Grove, NJ?
The median household income in Penns Grove is $45,781, 56% lower than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Penns Grove?
The median home value in Penns Grove is $178,200, compared with $454,400 in New Jersey.
How much is rent in Penns Grove?
The median gross rent in Penns Grove is $1,117 per month, about 32.8% of household income.
Is Penns Grove, NJ a good place to live?
Pluses: home values 61% lower than the state median; an average commute of 21 minutes. Minuses: median household income 56% lower than the New Jersey median; unemployment of 13%; a poverty rate of 44.1%.
What is the median age in Penns Grove?
The median age in Penns Grove is 25.1 years (New Jersey: 40.1).
How long is the commute in Penns Grove?
The average commute to work in Penns Grove is 21 minutes; 2.3% of workers work from home.
What is the unemployment rate in Penns Grove?
The unemployment rate in Penns Grove is 13% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Penns Grove?
15.2% of adults in Penns Grove have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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