08534 Map

08534 Income Statistics

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Comparison to Surrounding Areas

08534 Median Household Income

The median household income ($179,516) for 08534 is more than 08530 ($120,112), 08560 ($123,534), 08638 ($66,194), 08648 ($119,151), 08540 ($161,018), 08525 ($150,278), 08618 ($45,334), 08628 ($102,600), Mercer County ($92,697), Pennington borough ($166,957), and Hopewell township ($178,631).

08534$179,516
Pennington borough$166,957
Hopewell township$178,631
Mercer County$92,697

08534 Average Household Income

The average household income ($212,178) for 08534 is less than the average household income for 08540 ($229,886) and Hopewell township ($218,289). But it's more than 08530 ($179,345), 08560 ($162,214), 08638 ($81,881), 08648 ($146,651), 08525 ($179,311), 08618 ($65,462), 08628 ($122,379), Mercer County ($133,816), and Pennington borough ($201,484).

08534$212,178
Pennington borough$201,484
Hopewell township$218,289
Mercer County$133,816

08534 Per-Capita Income

The per-capita income for 08534 is $76,875. The per capita income ($76,875) for 08534 is less than the per capita income for 08540 ($84,069) and Pennington borough ($84,590). But it's more than 08530 ($74,599), 08560 ($64,489), 08638 ($31,647), 08648 ($54,577), 08525 ($76,595), 08618 ($24,757), 08628 ($56,186), Mercer County ($50,053), and Hopewell township ($75,192).

08534$76,875
Pennington borough$84,590
Hopewell township$75,192
Mercer County$50,053

08534 High Income Households

42.9% of households make over $200,000 a year. The percent high income households (42.9%) for 08534 is more than 08530 (28.5%), 08560 (25.0%), 08638 (5.3%), 08648 (24.6%), 08540 (39.9%), 08525 (35.5%), 08618 (4.4%), 08628 (14.1%), Mercer County (18.6%), Pennington borough (39.3%), and Hopewell township (42.5%).

0853442.9%
Pennington borough39.3%
Hopewell township42.5%
Mercer County18.6%

08534 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
08534$-1$196,008$217,058$101,280
Pennington borough$-1$175,682$205,500$129,643
Hopewell township$-1$196,008$217,022$106,667
Mercer County$39,633$99,518$115,800$66,960

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 08534 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
08534+/-$21,709+/-$17,176+/-$7,526+/-4.9%+/-$-1+/-$13,988+/-$14,090+/-$16,216
Pennington borough+/-$14,774+/-$16,935+/-$7,122+/-6.4%+/-$-1+/-$28,564+/-$25,712+/-$35,806
Hopewell township+/-$19,265+/-$16,945+/-$7,065+/-4.9%+/-$-1+/-$10,375+/-$14,299+/-$24,212
Mercer County+/-$2,156+/-$3,940+/-$1,499+/-0.8%+/-$6,216+/-$4,224+/-$4,158+/-$4,639