Penney Farms, FL demographics:
population, income, and more

Total population
642
12.0% year-over-year change
Median household income
$52,500/yr
-13.4% year-over-year change
Housing units
348
32.8% year-over-year change

Penney Farms population

How many people live in Penney Farms

Penney Farms is home to 642 residents, according to the most recent Census data. Gender-wise, 42.4% of Penney Farms locals are male, and 57.6% are female.

Total population
642
12.0% year-over-year change
Gender ratio
Male
42.4%
272
Female
57.6%
370
Value Percent YoY change
Male 272 42.4% 4.6%
Female 370 57.6% 18.2%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

Adults between 25 and 44 make up 5% of the population, while another 3.9% fall into the 45 to 64 bracket. Finally, around 91.1% are 65 or older.

Median age
81.1
Age breakdown
Under 15
0%
15 to 24
0%
25 to 44
5%
45 to 64
3.9%
Over 65
91.1%
Value Percent YoY change
25 to 44 32 5% -31.9%
45 to 64 25 3.9% -7.4%
Over 65 585 91.1% 23.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Penney Farms, 95.6% of the population are US-born citizens, while 4.4% have gained naturalized citizenship. There’s also a share of 2.6% that includes residents with two or more races.

Citizenship
U.S.-born citizens
95.6%
Non-U.S.-born citizens
4.4%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 614 95.6% 11.6%
Non-U.S.-born citizens 28 4.4% 21.7%
Racial breakdown
White
94.7%
Black or African American
2.5%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.6%
Other
0.2%
Value Percent
White 608 94.7%
Black or African American 16 2.5%
Two or more races 17 2.6%
Other 1 0.2%

Households in Penney Farms

A peek inside Penney Farms households

Penney Farms has 300 households, with an average of 2 members in each. Of these, 54.3% are families, while the remaining 45.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
300
31.6% year-over-year change
Average people per household
2
Non-family households
137
Family households
163
Value Percent YoY change
Non-family households 137 45.7% 57.5%
Family households 163 54.3% 15.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Penney Farms

The housing landscape of Penney Farms

Penney Farms's housing consists of 348 units, with 29.3% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 21.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.2% of the housing landscape.

Housing units
348
32.8% year-over-year change
Housing types
Value Percent
1 unit, detached 102 29.3%
1 unit, attached 75 21.6%
2 units 8 2.3%
3 or 4 units 83 23.8%
5 to 9 units 2 0.6%
20 to 49 units 22 6.3%
50 or more units 52 14.9%
Mobile home 4 1.2%
Homes built since 2020
7
40.0% year-over-year change

The age of buildings in Penney Farms

In Penney Farms, the median construction year is 1954. About 28.4% of homes were built before the 1940s, with another 10.1% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 99 28.4% 83.3%
Built between 1940 and 1949 35 10.1% 34.6%
Built between 1950 and 1959 95 27.3% 17.3%
Built between 1960 and 1969 19 5.5% 46.1%
Built between 1970 and 1979 19 5.5% 26.7%
Built between 1980 and 1989 36 10.3% 100.0%
Built between 1990 and 1999 14 4% -36.4%
Built between 2010 and 2019 24 6.9% 4.3%
Built in 2020 or later 7 2% 40.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Penney Farms occupancy rates

Out of the 300 occupied housing units in Penney Farms, 15.3% are owner-occupied, while 84.7% are lived in by tenants. Meanwhile, 13.8% of all homes on the local market sit vacant.

Occupied housing units
300
31.6% year-over-year change
Occupancy breakdown
Renter occupied
254
Owner occupied
46
Value Percent YoY
change
Renter occupied 254 84.7% 29.6%
Owner occupied 46 15.3% 43.8%
Unoccupied housing units
13.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Penney Farms housing costs

Housing costs in Penney Farms come to a median of $1,744 per month, while tenants specifically pay a median gross rent of $1,946.

Median housing costs per month
$1,744/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Penney Farms
$1,946/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Penney Farms

Penney Farms education at a glance

About 29.3% of the population in Penney Farms went to high school, while 14.3% pursued college studies. Another 2.3% earned an associate degree and 22.1% hold a bachelor’s. Meanwhile, 27.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 28 4.4% -36.4%
High school diploma 188 29.3% 34.3%
College diploma 92 14.3% 22.7%
Associate degree 15 2.3% 114.3%
Bachelor's degree 142 22.1% 23.5%
Graduate degree 177 27.6% 6.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Penney Farms

How much people earn in Penney Farms

The average annual household income in Penney Farms was $67,758 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -10.8% change from the previous year. At the same time, the median income stood at $52,500, reflecting a -13.4% shift over the same period.

Average household income in Penney Farms
$67,758/year
-10.8% year-over-year change
Median household income in Penney Farms
$52,500/year
-13.4% year-over-year change

Penney Farms income by age

Overall, 90.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Over 65 $52,059 -11.1%
Above poverty level
464
Below poverty level
49
Value Percent YoY
change
Above poverty level 464 90.4% 14.3%
Below poverty level 49 9.6% 32.4%

Average renter income in Penney Farms

To get a better sense of what renters earn on average in Penney Farms, their median household income was $64,345 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 36.3%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$64,345
Rent-to-income ratio
36.3%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Penney Farms

Workforce and job types in Penney Farms

The job market in Penney Farms is powered by 30 working residents, spread across a range of industries and roles. 80% of the working population are employed in professional or administrative positions, while 20% are in hands-on or service-based jobs. Also, 6.7% run their own businesses, 40% are employed by private companies, and 6.7% work in the public sector.

Workforce demographics

Working population
30
-21.1% year-over-year change
White collar
24
Blue collar
6
Value Percent YoY change
White collar 24 80% -25.0%
Blue collar 6 20% 0.0%
Employer type
Self employees
6.7%
Private companies
40%
Governmental workers
6.7%
Not for profit companies
46.7%
Value Percent YoY change
Self employees 2 6.7% -75.0%
Private companies 12 40% -42.9%
Governmental workers 2 6.7% -33.3%
Not for profit companies 14 46.7% 133.3%

Transportation in Penney Farms

How people get around in Penney Farms

Commuting methods vary: 50% of residents travel by personal vehicle and 23.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 15 50% 7.1%
Bicycle 6 20% 20.0%
Walk 7 23.3% 16.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Penney Farms by zipcode?

Zipcode Population Number of households Median income Average income
32079 419 175 $41,094 $62,163
32043 34,562 13,042 $84,145 $105,301

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FAQs about Penney Farms demographics 

What is the total population of Penney Farms?

Penney Farms has a total population of 642 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +12.0% compared to a year ago.

What is the gender ratio in Penney Farms?

The gender ratio in Penney Farms is as follows:
  • 42.4% males (272 residents)
  • 57.6% females (370 residents)

What is the median age in Penney Farms?

The median age in Penney Farms is 81.1.

What is the age distribution of the population in Penney Farms?

The age distribution in Penney Farms is as follows:
  • Under 15: 0% (0 residents)
  • Ages 15-24: 0% (0 residents)
  • Ages 25-44: 5% (32 residents)
  • Ages 45-64: 3.9% (25 residents)
  • Over 65: 91.1% (585 residents)

What is the racial and ethnic makeup of Penney Farms?

The racial and ethnic makeup of Penney Farms is as follows:
  • White: 94.7% (608 residents)
  • Black or African American: 2.5% (16 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2.6% (17 residents)
  • Other: 0.2% (1 residents)

What percentage of the population in Penney Farms are U.S.-born citizens?

U.S.-born citizens represent 95.6% of the population in Penney Farms.

How many housing units are there in Penney Farms?

There are 348 housing units in Penney Farms, reflecting a +32.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Penney Farms and what is the average household size?

Penney Farms has a total of 300 households, with an average of 2 people in each.

What is the median household income in Penney Farms?

Penney Farms has a median household income of $52,500, representing a -13.4% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Penney Farms?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 80% (24 residents)
  • Blue-collar workers: 20% (6 residents)

Places of employment:
  • Self-employed: 6.7% (2 residents)
  • Private companies: 40% (12 residents)
  • Governmental workers: 6.7% (2 residents)
  • Not-for-profit companies: 46.7% (14 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025