HomeNew JerseySalem CountyPenns Grove
Penns Grove, New Jersey: commercial real estate data.
Penns Grove is a Census borough of 4,882 people across 0.89 square miles of land, in Salem County. Median household income is $45,781, 35.0 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $241,200 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Penns Grove
What Penns Grove is
- Census place typeborough
- Land area0.89 sq mi
- Water area0 sq mi
- Population per square mile of land5,469
- County holding the largest share of its areaSalem County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penns Grove
How many people live in Penns Grove
- Population4,882
- Median age25.1 plus or minus 7.0
- Population under 182,059
- Share under 1842.2 percent
- Population 65 and over437 plus or minus 109
- Share 65 and over9.0 percent plus or minus 2.2
- Households1,561
- Family households948
- Share of households that are families60.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penns Grove
Income and work in Penns Grove
- Median household income$45,781 plus or minus $17,844
- Per capita income$19,275
- Civilian labor force1,487
- Employed1,294
- Unemployed193 plus or minus 96
- Unemployment rate13.0 percent plus or minus 6.2
- Adults 25 and over2,451
- Adults 25 and over with a high school diploma or higher79.4 percent
- Adults 25 and over with a bachelor degree or higher15.2 percent plus or minus 5.4
- Adults 25 and over with a graduate degree5.3 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penns Grove
Housing in Penns Grove
- Housing units1,919
- Occupied units1,561
- Vacant units358 plus or minus 116
- Vacancy rate18.7 percent plus or minus 5.7
- Owner occupied546 plus or minus 129
- Renter occupied1,015 plus or minus 216
- Ownership rate35.0 percent
- Median owner-occupied home value$178,200
- Median gross rent, monthly$1,117 plus or minus $363
- Annual rent as a share of median income29.3 percent plus or minus 14.9
- Single family units1,207
- Share single family62.9 percent
- Units in buildings of two or more712 plus or minus 203
- Share in buildings of two or more37.1 percent plus or minus 9.8
- Mobile homes0
- Median year structure built1955
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penns Grove
How Penns Grove gets to work
- Workers 16 and over who commute1,249
- Commuting under 15 minutes466 plus or minus 162
- Share commuting under 15 minutes37.3 percent plus or minus 11.2
- Commuting 30 minutes or more329 plus or minus 151
- Share commuting 30 minutes or more26.3 percent plus or minus 11.2
- Drove alone81.9 percent
- Carpooled4.4 percent plus or minus 4.4
- Public transport1.9 percent plus or minus 3.0
- Walked0.5 percent plus or minus 0.7
- Worked from home2.3 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penns Grove
SBA loans in Penns Grove (7(a))
- Approvals2
- Gross approval$241,200
- Average approval$120,600
- Median approval$120,600
- Largest approval$206,000
- Jobs supported5
- Jobs per approval2.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term150 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Penns Grove, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Penns Grove
SBA loans in Penns Grove (504)
- Approvals1
- Gross approval$2,175,000
- Average approval$2,175,000
- Median approval$2,175,000
- Largest approval$2,175,000
- Jobs supported25
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Penns Grove, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Penns Grove
Flood risk in Penns Grove
- NFIP communityBorough of Penns Grove
- NFIP community number340419
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/16/16
The Borough of Penns Grove participates in the National Flood Insurance Program as community 340419 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Salem County, not Penns Grove
Salem County context, not Penns Grove figures
- Establishments in Salem County1,137
- Covered employment, Salem County21,587
- Average annual pay, Salem County$67,562
- Housing units permitted, Salem County64
Every figure in this section is published for Salem County as a whole and is not a measurement of Penns Grove.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Penns Grove questions, answered from the record.
How many people live in Penns Grove, New Jersey?
4,882, in 1,561 households. Penns Grove borough covers 0.89 square miles of land, which is 5,469 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Penns Grove in?
Salem County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Penns Grove?
$45,781. The median owner-occupied home is valued at $178,200. Median gross rent is $1,117 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Penns Grove businesses?
2 7(a) approvals totaling $241,200 since FY2020, across 2 lenders, median approval $120,600, plus 1 504 approvals worth $2.2 m since FY2010. These count approvals to borrowers whose address is in Penns Grove, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Penns Grove borrowers get paid back?
No rate is published for Penns Grove. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Penns Grove in the National Flood Insurance Program?
Yes. Penns Grove appears in the FEMA Community Status Book as Penns Grove, borough of, community 340419, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Penns Grove figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Salem County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Penns Grove.
Is zoning published for Penns Grove?
No. Nothing on this page presents parcel level zoning.
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