City profile · Florida · Census ACS 2023

Penney Farms, FL

Population, income, housing, safety, climate and schools for Penney Farms - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

573
Residents
$60,625
Median income
$213,300
Median home
$1,658
Median rent (state)

Penney Farms - the verdict

Nationally, Penney Farms sits in the 36th percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.

36th
percentile, household income
46th
percentile, home value
66th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Penney Farms, FL

573 people live in Penney Farms, Florida - a small town by U.S. Census Bureau ACS 2023 estimates. Median household income here is $60,625 per year, below the median for U.S. cities on this measure, with a poverty rate of 0.0%. Typical homes in Penney Farms are valued around $213,300, and the median resident age is 79.9 years. Educational attainment runs 51.5% of adults with a bachelor's degree or higher. Separately, 6.8% of working-age residents are in the labor force.

Housing supply pressure shows in Census Building Permit Survey data: 0 residential units were authorized in 2024 (No Permits), down 100% from five years earlier.

Florida carries a cost-of-living premium: on BEA's 100-equals-national-average cost index, Florida scores 103.4 (Above Average), per the 2024 Regional Price Parities release. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $1,658 monthly. Statewide, average monthly utility bills in Florida run around $225, per EIA 2023 residential energy data. On FEMA's National Risk Index, this area rates 81.1 out of 100 for natural-hazard exposure (High).

Population

573 residents

Census ACS 2023 - Florida

Median Household Income

$60,625 /yr

Poverty 0.0%

Cost of Living Index (state)

103.4 (US=100)

Above Average - BEA RPP 2024, Florida average

How does Penney Farms compare to other US cities?

Penney Farms measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 36% higher than other cities
Home value 46% pricier than other cities
Median rent 66% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Penney Farms against every qualifying US city; each in-state rank narrows that to Florida only. Full formula and direction notes: methodology.

Florida-relative analysis

Poverty Rate places Penney Farms near the bottom of Florida's cities

Among the 930 Florida cities PlainCities tracks with reported poverty rate data, Penney Farms ranks #855 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Penney Farms only against its own state's cities, not the full US field.

Median Household Income
#594 of 903
34th percentile in Florida
Median Gross Rent
#597 of 930
32nd percentile in Florida
Median Home Value
#663 of 894
26th percentile in Florida
Poverty Rate
#855 of 930
0th percentile in Florida
Bachelor's Degree or Higher
#123 of 930
87th percentile in Florida

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Florida only, not a livability score. See the methodology for the source and calculation.

36thIncome percentile

36th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Penney Farms's home value compares nationally

Median home value vs. every US city (population 1,000+)

$213,300 Among the most affordable more affordable than 54% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). This entry sits in this band. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Penney Farms $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Penney Farms, FL Penney Farms, FL's reported median household income shown against the U.S. national quintile-share pattern (not Penney Farms, FL-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Penney Farms, FL median $60,625/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Penney Farms, FL's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Penney Farms, FL. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 51.5%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 0.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 6.8%

Census ACS S2301, share of working-age residents in the labor force

Population
573
Median Income
$60,625
Median Home Value
$213,300
Median Age
79.9
Poverty Rate
0.0%
Labor force participation
6.8%
Bachelor's Degree+
51.5%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
820 residents830 residents840 residents850 residents 202020212022202320242025 828 residents 835 residents ▲ +0.8%
Penney Farms's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

Total Permits (2024)
0
housing units authorized
Single-Family
0
detached homes
Multifamily
0
apartments & condos

5-Year Permit Trend (2019–2024)

Year Total
2019 9
2020 4
2021 8
2022 3
2023 1
2024 0

Permit volume decreased 100% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
36.8%
Carpool
0.0%
Public Transit
0.0%
Walk
15.8%
Work from Home
34.2%
Other
13.2%

Based on 38 workers 16 and over.

Monthly Utility Costs

State-average estimates for Florida - EIA 2023 residential energy data

Electricity
$145
avg/month
Natural Gas
$25
avg/month
Water & Sewer
$55
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Florida state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Florida state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Penney Farms sits in

Cost of Living Index
103.4
Above Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,658/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
81.1 / 100
High
FEMA NRI composite score (county)

Similar Cities in Florida

Altha
567 people
Hillsboro Pines
567 people
Garcon Point
581 people
Beverly Beach
564 people
Lake Mystic
556 people
Orchid
553 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Penney Farms's 573 residents (Census ACS 5-Year 2023).

Miami, IN
573 people
Parkers Settlement, IN
573 people
Zanesville, IN
573 people
Argonia, KS
573 people
Bronson, KS
573 people
Betsy Layne, KY
573 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Penney Farms's $60,625 (Census ACS 5-Year 2023, table B19013).

Seba Dalkai, AZ
$60,625 median income
Lead Hill, AR
$60,625 median income
Magalia, CA
$60,625 median income
Whitmore, CA
$60,625 median income
Clark Fork, ID
$60,625 median income
Kampsville, IL
$60,625 median income

Race & Ethnicity Composition

Race and ethnicity - Penney Farms, FL Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Penney Farms, FL - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 94.4% ETHNICITY, Hispanic or Latino (any race) 1.4% White 94.4% Black or African American 3.5% Asian 0.0% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.2% Two or more races 1.9% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Penney Farms compares to nearby Florida cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Penney Farms (this city) 573 $60,625
Altha 567 $32,898
Hillsboro Pines 567 $82,778
Garcon Point 581 $106,463
Census ACS 5-year FIPS FL Census BPS 2024 OMB Bulletin 23-01

What do people ask about Penney Farms, FL?

What is the population of Penney Farms, FL? +

The population of Penney Farms, FL stands at 573 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Penney Farms, FL? +

In Penney Farms, the typical household earns $60,625 per year, based on Census ACS 2023 data.

What is the cost of living in Penney Farms? +

BEA does not publish a city-level cost-of-living figure for Penney Farms; the closest available measure is the Florida state average, a cost of living index of 103.4 (U.S. average = 100), rated "Above Average" based on BEA Regional Price Parities 2024 data. Costs within Florida vary by metro area.

What is the median home value in Penney Farms, FL? +

The median home value in Penney Farms is $213,300, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.