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CITY · 2020 ACS

Penney Farms

Florida · 821 residents · 1.459 sq mi
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The short version

Penney Farms has lower-than-average household income, with a median household income of $56,136. Population has grown 42% since 2000. 53% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $207,700. With a median age of 82.5, the population is older than the US median of 38.8. 53% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 82.5
US median: 38.8
More educated
53% hold a bachelor's degree
US average: 33%
Less affordable
home values up 72%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
821
+42%since 2000
from 580 in 2000
1990 – 2025
Population density
563 / sq mi
+42%since 2000
from 398 / sq mi in 2000
US average: 280
Median age
82.5
+8%since 2000
from 76.5 in 2000
US average: 38.8
Population, 1990 – 2024
3284635977318661990201020202024Penney Farms
2024642
1990201020202024
Section 02

Income & economy

Median household income
$56,136
Unchangedinflation adjusted, since 2000
from $37,344 in 2000
US average: $66,278
1990 – 2024
Per capita income
$31,316
+31%since 2000
from $23,929 in 2000
US average: $35,364
Households earning $100K+
34.3%
+20.4 ptssince 2009
from 13.9% in 2009
US average: 43.9%
Poverty rate
7.4%
−9.0 ptssince 2000
from 16.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade34.3%
US avg: 10%
Information34.3%
US avg: 11.1%
Finance & insurance11.9%
US avg: 5.5%
Professional, scientific, technical11.9%
US avg: 4.7%
Wholesale trade3%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$207,700
+72%inflation adjusted, since 2000
from $80,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,544
+116%inflation adjusted, since 2000
from $475 in 2000
US average: $1,124
Owner-occupied
15.2%
−17.5 ptssince 2000
from 32.7% in 2000
84.8% rent
Afford Score
3.7
+72%since 2000
from 2.2 in 2000
1990 – 2024
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)
2020
White, non-Hispanic90.4%(742)
Black5.2%(43)
Hispanic / Latino1.7%(14)
Asian0.4%(3)
Other0%(0)
Diversity Score17.6%(145)
Diversity Score
18
−13%since 2000
from 20 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
52.8%
−5.1 ptssince 2000
from 57.9% in 2000
US average: 32.9%
High school or higher
87.4%
−6.5 ptssince 2000
from 93.9% in 2000
US average: 88.5%
Graduate degree
26.7%
−7.9 ptssince 2000
from 34.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Drive alone to work
55.9%
−34.1 ptssince 2009
from 90.0% in 2009
US average: 75.1%
No vehicle available
12.9%
−1.9 ptssince 2009
from 14.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.9%
−2.8 ptssince 2011
from 9.8% in 2011
US average: 5.4%
Labor force participation
11.9%
−5.0 ptssince 2011
from 16.9% in 2011
US average: 63.4%
Management & professional
34.3%
−20.7 ptssince 2009
from 55.0% in 2009
US average: 39.3%
Section 08

People & community

Male
45.8%
−1.7 ptssince 2009
from 47.5% in 2009
Female
54.2%
+1.7 ptssince 2009
from 52.5% in 2009
Foreign born
2.1%
−2.4 ptssince 2009
from 4.6% in 2009
US average: 13.5%
Uninsured
9.5%
−86.3 ptssince 2013
from 95.8% in 2013
US average: 8.8%
Drill deeper

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Compare Penney Farms to nearby cities

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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 821 residents according to the 2020 American Community Survey.

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

The typical household in Penney Farms, Florida earns about $56,136 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 $207,700, and the typical rent is about $1,544 a month.

How educated are people in Penney Farms, Florida?

About 52.8% 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 7.4% 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 214 residents, a change of about 35 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 →