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Pennock, Minnesota

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
549
Population
$72,031
Median Income
$153,900
Home Value
27.1
Median Age

Demographics

Pennock has a population of 549 with a median age of 27.1. Here is the racial and ethnic breakdown of the population:

White
89.1%
Hispanic
24.2%
Black
1.5%
Demographic Value
Total Population549
Median Age27.1
White89.1%
Black or African American1.5%
Hispanic or Latino24.2%
Pennock, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 115.White: 77.6%Hispanic/Latino: 21.1%Other: 1.3%549PopulationWhiteWhite77.6%Hispanic/LatinoHispanic/Latino21.1%OtherOther1.3%

Income & Economy

The median household income in Pennock is $72,031, which is 10.6% below the national median of $80,610. The per capita income is $34,277. The poverty rate is 12.2%.

$72,031
Median Household Income
$34,277
Per Capita Income
12.2%
Poverty Rate

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Education

In Pennock, 89.3% of residents age 25+ have a high school diploma or higher, and 10.0% hold a bachelor's degree or higher (1.7% with a graduate or professional degree).

HS Diploma+
89.3%
Bachelor's+
10.0%
Graduate+
1.7%
Education Level % of Adults (25+)
High School Diploma or Higher89.3%
Bachelor's Degree or Higher10.0%
Graduate or Professional Degree1.7%

Housing

The median home value in Pennock is $153,900, below the national median of $303,400. The median monthly rent is $1,042. The homeownership rate is 63.1%.

$153,900
Median Home Value
$1,042/mo
Median Rent
63.1%
Homeownership Rate
Housing Metric Value
Median Home Value$153,900
Median Monthly Rent$1,042
Homeownership Rate63.1%
Vacancy Rate4.4%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Pennock, Minnesota?
The population of Pennock, Minnesota is 549 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Pennock, Minnesota?
The median household income in Pennock, Minnesota is $72,031. This is 10.6% below the national median of $80,610.
What is the median home value in Pennock, Minnesota?
The median home value in Pennock, Minnesota is $153,900. The median monthly rent is $1,042.
What percentage of people in Pennock have a college degree?
In Pennock, Minnesota, 10.0% of adults age 25 and older hold a bachelor's degree or higher, and 89.3% have a high school diploma or higher.
Is Pennock, Minnesota an affordable place to live?
The home price-to-income ratio in Pennock, Minnesota is 2.1x (median home value $153,900 vs. median income $72,031), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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