Living in Pennsauken, New Jersey
Cost of living, income, home prices, rent and demographics of Pennsauken · Census data 2020–2024
Pennsauken has 37,275 residents with a median age of 38.6. The median household income is $87,680 (15% lower than the New Jersey median), the median home value is $232,900, the median rent is $1,209/month.
Pennsauken at a glance
- Population
- 37,275
- Median age
- 38.6State: 40.1
- Median household income
- $87,680State: $103,556
- Median home value
- $232,900State: $454,400
- Median rent
- $1,209/moState: $1,720
- Homeowners
- 73.9%
- Bachelor's degree or higher
- 24.6%
- Average commute
- 26 min
Is Pennsauken a good place to live?
Pros: Home values 49% lower than the state median; an average commute of 26 minutes.
Cons: Median household income 15% lower than the New Jersey median; unemployment of 8.7%; a poverty rate of 13.9%.
The weather is best in May–June and August–September.
Cost of living in Pennsauken
Housing is the biggest part of the cost of living. In Pennsauken the median home value is $232,900, 30% lower than the U.S. median. Renters pay a median of $1,209 per month, which is 33.8% of household income. Homeowners with a mortgage pay $1,857 a month in housing costs.
Pennsauken median household income
The median household income in Pennsauken is $87,680 and the income per person is $35,482. 13.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Pennsauken: homes for sale and rent
- Housing units
- 13,653
- Owner-occupied
- 73.9%
- Renter-occupied
- 26.1%
- Vacant
- 5.5%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.87
Pennsauken demographics
- Population
- 37,275
- Median age
- 38.6
- Under 18
- 23.5%
- 65 and older
- 14.9%
- Households
- 12,900
- Foreign-born
- 18.3%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Pennsauken ›
Education in Pennsauken
24.6% of adults 25 and older in Pennsauken have a bachelor's degree or higher (New Jersey: 43.6%), and 7.1% have a graduate or professional degree.
Jobs and commute in Pennsauken
- Unemployment rate
- 8.7%State: 6.3%
- Average commute
- 26 minState: 31 min
- Work from home
- 11.3%
- Drive alone
- 67.2%
- Public transit
- 2.1%
- Walk to work
- 0.7%
- Homes with broadband
- 91.7%
Pennsauken vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pennsauken | 37,275 | $87,680 | $232,900 | $1,209 |
| Merchantville | 3,905 | $90,706 | $331,000 | $1,212 |
| Golden Triangle | 5,765 | $103,558 | $320,400 | $2,506 |
| Palmyra | 7,485 | $89,574 | $234,800 | $1,696 |
| Cherry Hill Mall | 14,541 | $103,708 | $341,200 | $2,132 |
| Camden | 71,496 | $40,546 | $112,000 | $1,226 |
| Maple Shade | 20,076 | $78,904 | $250,200 | $1,638 |
| Riverton | 2,770 | $121,198 | $363,000 | $1,431 |
| Collingswood | 14,205 | $90,184 | $380,400 | $1,488 |
More for people moving to Pennsauken
Pennsauken ZIP code ›Weather and climate ›Living in Pennsauken: FAQ
What is the median household income in Pennsauken, NJ?
The median household income in Pennsauken is $87,680, 15% 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 Pennsauken?
The median home value in Pennsauken is $232,900, compared with $454,400 in New Jersey.
How much is rent in Pennsauken?
The median gross rent in Pennsauken is $1,209 per month, about 33.8% of household income.
Is Pennsauken, NJ a good place to live?
Pluses: home values 49% lower than the state median; an average commute of 26 minutes. Minuses: median household income 15% lower than the New Jersey median; unemployment of 8.7%; a poverty rate of 13.9%.
What is the median age in Pennsauken?
The median age in Pennsauken is 38.6 years (New Jersey: 40.1).
How long is the commute in Pennsauken?
The average commute to work in Pennsauken is 26 minutes; 11.3% of workers work from home.
What is the unemployment rate in Pennsauken?
The unemployment rate in Pennsauken is 8.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pennsauken?
24.6% of adults in Pennsauken 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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