Penn Quarter is a neighborhood of 3,469 people in Washington. 87% of adults hold a bachelor's degree, against 36% nationally. 40% of homes are owner-occupied. The median household earns $172,948, about 110% above the national median. Median rent is $3,118 a month. Median home value sits at $758,432. 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
Land area
0.35 sq mi
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%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
1.41 people
US average: 2.54
Owner cost-burdened
21.6%
US average: 22.9%
Renter cost-burdened
39.6%
US average: 47.4%
Afford Score
4.4
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic63.2%(2,192)
Black9.2%(318)
Hispanic / Latino10.7%(371)
Asian13.8%(480)
Other3.1%(108)
2024
White, non-Hispanic63.2%(2,192)
Black9.2%(318)
Hispanic / Latino10.7%(371)
Asian13.8%(480)
Other3.1%(108)
Diversity Score
70
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
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.
