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CITY

Penney Farms

Florida · 835 residents (2025 est.) · 1.459 sq mi
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The short version

Penney Farms has notably lower household income than the US average, with a median household income of $52,500. Population has held roughly steady since 2000. 50% of adults hold a bachelor's degree or higher. Median home value has roughly tripled since 2000, reaching $230,800. With a median age of 81.1, the population is older than the US median of 38.9. Households here earn about 30% less than the Florida median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 81.1
US median: 38.9
More educated
50% hold a bachelor's degree
US average: 36%
Less affordable
home values up 58%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
642
+11%since 2000
from 580 in 2000
1990 – 2025
Population density
440 / sq mi
+11%since 2000
from 398 / sq mi in 2000
US average: 281
Median age
81.1
+6%since 2000
from 76.5 in 2000
US average: 38.9

PEP 2025 EST:835 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
3284635977318661990201020202024Penney Farms
2024642
1990201020202024
Section 02

Income & economy

Median household income
$52,500
−23%inflation adjusted, since 2000
from $37,344 in 2000
US average: $82,259
1990 – 2024
Per capita income
$35,841
+50%since 2000
from $23,929 in 2000
US average: $44,673
Households earning $100K+
31.7%
+17.8 ptssince 2009
from 13.9% in 2009
US average: 53.3%
Poverty rate
9.6%
−6.8 ptssince 2000
from 16.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.429
+11%since 2010
from 0.386 in 2010
US average: 0.476
Workforce by industry, 2024
Other services20%
US avg: 6.7%
Retail trade13.3%
US avg: 9.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Information0%
US avg: 10.8%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$230,800
+58%inflation adjusted, since 2000
from $80,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,946
+125%inflation adjusted, since 2000
from $475 in 2000
US average: $1,442
Owner-occupied
15.3%
−17.4 ptssince 2000
from 32.7% in 2000
84.7% rent
Vacancy rate
13.8%
+1.2 ptssince 2009
from 12.6% in 2009
US average: 10.0%
Owner cost-burdened
50.0%
−1.5 ptssince 2009
from 51.5% in 2009
US average: 22.9%
Renter cost-burdened
70.5%
+27.9 ptssince 2009
from 42.6% in 2009
US average: 47.4%
Afford Score
4.4
+104%since 2000
from 2.2 in 2000
1990 – 2024
Gentrification Score
42
RELATED:See current rent listings in Penney Farms on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic90.7%(526)
Black8.3%(48)
Hispanic / Latino0.3%(2)
Asian0.2%(1)
Other0%
Diversity Score20.3%(117)
2024
White, non-Hispanic93.5%(600)
Black2.5%(16)
Hispanic / Latino1.2%(8)
Asian0%(0)
Other2.8%(18)
Diversity Score15.6%(100)
Diversity Score
16
−23%since 2000
from 20 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
49.7%
−8.2 ptssince 2000
from 57.9% in 2000
US average: 35.6%
High school or higher
91.9%
−2.0 ptssince 2000
from 93.9% in 2000
US average: 89.6%
Graduate degree
27.6%
−7.1 ptssince 2000
from 34.6% in 2000
US average: 14.0%
Section 06

Commute & transportation

Drive alone to work
50.0%
−40.0 ptssince 2009
from 90.0% in 2009
US average: 68.9%
Carpooled to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
6.7%
+6.7 ptssince 2009
from 0.0% in 2009
US average: 15.0%
Walked to work
23.3%
+13.3 ptssince 2009
from 10.0% in 2009
US average: 2.4%
Biked to work
20.0%
+20.0 ptssince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
13.7%
−1.2 ptssince 2009
from 14.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
−9.8 ptssince 2011
from 9.8% in 2011
US average: 5.2%
Labor force participation
4.7%
−12.3 ptssince 2011
from 16.9% in 2011
US average: 63.5%
Self-employed
6.7%
−8.3 ptssince 2009
from 15.0% in 2009
US average: 13.1%
Management & professional
6.7%
−48.3 ptssince 2009
from 55.0% in 2009
US average: 42.5%
Section 08

People & community

Male
42.4%
−5.1 ptssince 2009
from 47.5% in 2009
Female
57.6%
+5.1 ptssince 2009
from 52.5% in 2009
Foreign born
4.4%
−0.2 ptssince 2009
from 4.6% in 2009
US average: 14.1%
Veterans
18.4%
−28.8 ptssince 2009
from 47.1% in 2009
US average: 6.2%
With a disability
34.9%
−2.5 ptssince 2012
from 37.4% in 2012
US average: 13.3%
Uninsured
1.4%
−94.4 ptssince 2013
from 95.8% in 2013
US average: 8.4%
Broadband at home
84.3%
+9.4 ptssince 2017
from 74.9% in 2017
US average: 91.0%
English only at home
98.6%
+4.1 ptssince 2016
from 94.5% in 2016
US average: 77.7%
Spanish at home
1.2%
+1.2 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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PENNEY FARMS VS
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PENNEY FARMS VS
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PENNEY FARMS VS
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Frequently asked

How many people live in Penney Farms, Florida?

Penney Farms, Florida has about 642 residents according to the 2024 American Community Survey.

What is the median household income in Penney Farms, Florida?

The typical household in Penney Farms, Florida earns about $52,500 a year. Half of households make more than that, and half make less.

Is Penney Farms, Florida expensive?

In Penney Farms, Florida, the median home is worth about $230,800, and the typical rent is about $1,946 a month.

How educated are people in Penney Farms, Florida?

About 49.7% of adults age 25 and over in Penney Farms, Florida hold a bachelor's degree or higher.

What is the poverty rate in Penney Farms, Florida?

About 9.6% of people in Penney Farms, Florida live below the federal poverty line.

Has Penney Farms, Florida grown since 1990?

Yes, Penney Farms, Florida has grown since 1990. The population has added about 35 residents, a change of about 6 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Penney Farms, Florida: demographics, income & housing data · CensusEasy