Penns Grove, NJ Profile: Facts & Data

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Penns Grove, New Jersey - Basic Facts

The Borough of Penns Grove had a population of 4,793 as of July 1, 2019. Penns Grove ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Penns Grove is located at latitude 39.7296 and longitude -75.468 in Salem County. The formal boundaries for the Borough of Penns Grove encompass a land area of 0.91 sq. miles and a water area of 0 sq. miles. Salem County is in the Eastern time zone (GMT -5). The elevation is 13 feet.

The Borough of Penns Grove (GNIS ID: 885348) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Penns Grove: Helm's Cove, Penn Grove, Penngrove, Penn's Grove, Pennsgrove.

Jump to... (On This Page!)
  1. Penns Grove 2019 Demographic Data
  2. Growth Rates for Penns Grove (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Penns Grove, NJ Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Penns Grove, NJ Housing Affordability Index is 87
State of New Jersey Housing Affordability Index is 91
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Penns Grove, NJ Wealth Index is 34
State of New Jersey Wealth Index is 148
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific New Jersey address.

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POPULATION

Total Population 4,793
Population in Households 4,785
Population in Familes 3,884
Population in Group Qrtrs 8
Population Density 5,370
Diversity Index1 84
 

INCOME

Median Household Income $32,622
Average Household Income $47,864
Per Capita Income $16,470
Wealth Index3 34

HOUSING

Total Housing Units 1,879 (100%)
Owner Occupied HU 574 (30.5%)
Renter Occupied HU 1,075 (57.2%)
Vacant Housing Units 230 (12.2%)
Median Home Value $123,026
Housing Affordability Index2 87
 

HOUSEHOLDS

Total Households 1,649
Average Household Size 2.9
Family Households 1,128
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.66% -0.78%
Households -0.86% -0.89%
Families -0.89% -0.9%
Median Household Income   1.65%
Per Capita Income   1.95%

Penns Grove, NJ - Peer Comparisons by Rank and Percentile

The table below compares Penns Grove to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 270 51st
Population Density # 97 82nd
Diversity Index # 18 97th
Median Household Income # 538 1st
Per Capita Income # 539 1st

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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