Penns Grove, NJ
Population 4,860 · New Jersey
About Penns Grove, NJ
Penns Grove is a small community in New Jersey with a population of 4,860 residents. The median household income is $43,889 per year, which is below the national average. The median age in Penns Grove is 26.1 years.
Housing in Penns Grove has a median home value of $170,100 and median monthly rent of $1,031. Of the 1,838 total housing units, renting is more common than owning, with 588 owner-occupied and 952 renter-occupied units.
The unemployment rate in Penns Grove is 16.9% and the poverty rate is 36.3%. 14.6% of residents hold a bachelor's degree or higher. The average commute time is 21.9 minutes.
How Penns Grove Ranks in New Jersey
Cost of Living in Penns Grove, NJ
Compared to national averages, Penns Grove has a median household income of $43,889 (42% below the national median of $75,149). Home values average $170,100, which is 31% below the national median. Monthly rent at $1,031 is 11% below the US average of $1,163. Within New Jersey, Penns Grove's income is 62% below the state average of $115,667, and home values are 64% below the state median of $469,644.
Why Live in Penns Grove, NJ?
Penns Grove offers affordable housing with a median home value of $170,100, below the US average of $244,900, and rent that’s lower than the national average at $1,031/month, and short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($43,889) that falls below the national average. However, Penns Grove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Penns Grove has a population of 4,860 with a median age of 26.1 years. Compare Penns Grove with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Penns Grove
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Spring Lake Heights | 4,866 | $102,829 | $648,500 | Compare |
| Harrington Park | 4,883 | $180,515 | $709,200 | Compare |
| Flemington | 4,887 | $74,213 | $372,700 | Compare |
| South Bound Brook | 4,833 | $102,019 | $345,300 | Compare |
| Golden Triangle | 4,893 | $101,411 | $280,800 | Compare |
| Point Pleasant Beach | 4,826 | $131,641 | $813,500 | Compare |
| Demarest | 4,916 | $175,078 | $965,400 | Compare |
| Franklin | 4,938 | $90,152 | $253,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Penns Grove
What is the population of Penns Grove, NJ?
The population of Penns Grove, NJ is 4,860 according to the latest Census data.
What is the median household income in Penns Grove?
The median household income in Penns Grove, NJ is $43,889 per year.
What is the median home value in Penns Grove?
The median home value in Penns Grove, NJ is $170,100.
What is the average rent in Penns Grove?
The median monthly rent in Penns Grove, NJ is $1,031.
What is the unemployment rate in Penns Grove?
The unemployment rate in Penns Grove, NJ is 16.9%.