Pennington vs Paterson
| Pennington | Paterson | |
|---|---|---|
| Population | 2,780 | 157,864 |
| Median Household Income | $192,586 | $55,997 |
| Median Home Value | $672,900 | $360,100 |
| Median Gross Rent | $1,886/mo | $1,548/mo |
| Homeownership Rate | 81.7% | 26.9% |
| Unemployment Rate | 2.4% | 10.7% |
| Bachelor's Degree or Higher | 73.4% | 11.8% |
| Median Age | 47.8 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.