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NEIGHBORHOOD

Penn Quarter

District of Columbia · Washington · 3,469 residents · 0.354 sq mi
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The short version

Penn Quarter is significantly wealthier than the US average, with a median household income of $172,948. Population has held roughly steady since 2024. 87% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $758,432. Households here earn about 57% more than the Washington median. These figures are approximated by combining the 2 census tracts that make up Penn Quarter; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.3
US median: 38.9
More educated
87% hold a bachelor's degree
US average: 36%
Renter-heavy
40% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
3,469
Population density
9,799 / sq mi
US average: 281
Median age
41.3
US average: 38.9
Section 02

Income & economy

Median household income
$172,948
US average: $82,259
Per capita income
$143,553
US average: $44,673
Households earning $100K+
81.3%
US average: 53.3%
Poverty rate
11.8%
US average: 12.5%
Income inequality (Gini)
0.421
US average: 0.476
Workforce by industry, 2024
Other services6.5%
US avg: 6.7%
Public administration5.3%
US avg: 4.8%
Arts, entertainment, food3.7%
US avg: 1.9%
Finance & insurance2.2%
US avg: 5.9%
Professional, scientific, technical2.2%
US avg: 5.1%
Retail trade2.1%
US avg: 9.9%
Information1.2%
US avg: 10.8%
Wholesale trade0.9%
US avg: 6.9%
Transportation & warehousing0.3%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$758,432
US average: $376,019
Median gross rent
$3,118
US average: $1,442
Owner-occupied
40.3%
59.7% rent
Vacancy rate
23.2%
US average: 10.0%
Owner cost-burdened
21.6%
US average: 22.9%
Renter cost-burdened
39.6%
US average: 47.4%
Afford Score
4.4
RELATED:See current rent listings in Penn Quarter on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic63.2%(2,192)
Black9.2%(318)
Hispanic / Latino10.7%(371)
Asian13.8%(480)
Other3.1%(108)
Diversity Score70.1%(2,432)
2024
White, non-Hispanic63.2%(2,192)
Black9.2%(318)
Hispanic / Latino10.7%(371)
Asian13.8%(480)
Other3.1%(108)
Diversity Score70.1%(2,432)
Diversity Score
70
Section 05

Education

Bachelor's degree or higher
87.4%
US average: 35.6%
High school or higher
96.8%
US average: 89.6%
Graduate degree
54.1%
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.9 min
US average: 26.5
Drive alone to work
13.4%
US average: 68.9%
Carpooled to work
3.4%
US average: 8.5%
Public transit
14.6%
US average: 3.2%
Worked from home
30.7%
US average: 15.0%
Walked to work
30.6%
US average: 2.4%
Biked to work
2.6%
US average: 0.4%
No vehicle available
50.0%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.3%
US average: 5.2%
Labor force participation
82.9%
US average: 63.5%
Self-employed
10.3%
US average: 13.1%
Management & professional
88.1%
US average: 42.5%
Section 08

People & community

Male
57.1%
Female
42.9%
Foreign born
20.6%
US average: 14.1%
Veterans
4.2%
US average: 6.2%
With a disability
11.2%
US average: 13.3%
Uninsured
5.9%
US average: 8.4%
Broadband at home
92.7%
US average: 91.0%
English only at home
78.1%
US average: 77.7%
Spanish at home
7.6%
US average: 13.6%
Explore

Neighborhoods in Washington

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Frequently asked

How many people live in Penn Quarter, Washington, District of Columbia?

Penn Quarter, Washington, District of Columbia has about 3,469 residents according to the 2024 American Community Survey.

What is the median household income in Penn Quarter, Washington, District of Columbia?

The typical household in Penn Quarter, Washington, District of Columbia earns about $172,948 a year. Half of households make more than that, and half make less.

Is Penn Quarter, Washington, District of Columbia expensive?

In Penn Quarter, Washington, District of Columbia, the median home is worth about $758,432, and the typical rent is about $3,118 a month.

How educated are people in Penn Quarter, Washington, District of Columbia?

About 87.4% of adults age 25 and over in Penn Quarter, Washington, District of Columbia hold a bachelor's degree or higher.

What is the poverty rate in Penn Quarter, Washington, District of Columbia?

About 11.8% of people in Penn Quarter, Washington, District of Columbia live below the federal poverty line.

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Containing area
Washington

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

How we source and harmonize this data →