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Penn Valley, California

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,678
Population
$64,737
Median Income
$500,700
Home Value
43.8
Median Age

Demographics

Penn Valley has a population of 1,678 with a median age of 43.8. Here is the racial and ethnic breakdown of the population:

White
75.9%
Hispanic
16.2%
Other
7.9%
Demographic Value
Total Population1,678
Median Age43.8
White75.9%
Hispanic or Latino16.2%
Other / Two or More Races7.9%
Penn Valley, California — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 75.9%Hispanic/Latino: 16.2%Other: 7.9%1,678PopulationWhiteWhite75.9%Hispanic/LatinoHispanic/Latino16.2%OtherOther7.9%

Income & Economy

The median household income in Penn Valley is $64,737, which is 19.7% below the national median of $80,610. The per capita income is $44,052. The poverty rate is 9.3%.

$64,737
Median Household Income
$44,052
Per Capita Income
9.3%
Poverty Rate

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Education

In Penn Valley, 92.3% of residents age 25+ have a high school diploma or higher, and 18.1% hold a bachelor's degree or higher (2.7% with a graduate or professional degree).

HS Diploma+
92.3%
Bachelor's+
18.1%
Graduate+
2.7%
Education Level % of Adults (25+)
High School Diploma or Higher92.3%
Bachelor's Degree or Higher18.1%
Graduate or Professional Degree2.7%

Housing

The median home value in Penn Valley is $500,700, above the national median of $303,400. The median monthly rent is $1,230. The homeownership rate is 73.4%.

$500,700
Median Home Value
$1,230/mo
Median Rent
73.4%
Homeownership Rate
Housing Metric Value
Median Home Value$500,700
Median Monthly Rent$1,230
Homeownership Rate73.4%
Vacancy Rate10.2%

Salaries in California

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Frequently Asked Questions

What is the population of Penn Valley, California?
The population of Penn Valley, California is 1,678 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Penn Valley, California?
The median household income in Penn Valley, California is $64,737. This is 19.7% below the national median of $80,610.
What is the median home value in Penn Valley, California?
The median home value in Penn Valley, California is $500,700. The median monthly rent is $1,230.
What percentage of people in Penn Valley have a college degree?
In Penn Valley, California, 18.1% of adults age 25 and older hold a bachelor's degree or higher, and 92.3% have a high school diploma or higher.
Is Penn Valley, California an affordable place to live?
The home price-to-income ratio in Penn Valley, California is 7.7x (median home value $500,700 vs. median income $64,737), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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