Penney Farms, FL

Census Place

2024 Population

642

US Senator

Rick Scott

Republican Party

US Senator

Ashley Moody

Republican Party

2024 Median Age

81.1

1.5% 1-year increase

2024 Poverty Rate

9.55%

14.4% 1-year increase

2024 Median Household Income

$52,500

13.4% 1-year decline

2024 Median Property Value

$230,800

Population & Diversity

Penney Farms, FL is home to a population of 642 people, from which 100% are citizens.

As of 2024, 4.36% of Penney Farms, FL residents were born outside of the country (28 people).

In 2024, there were 35.3 times more White (Non-Hispanic) residents (600 people) in Penney Farms, FL than any other race or ethnicity. There were 17 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 16 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Penney Farms, FL residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Penney Farms, FL was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Penney Farms, FL compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Penney Farms, FL

White (Non-Hispanic)
600 ± 153
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
17 ± 22
Black or African American (Non-Hispanic)
16 ± 43

1.25%

Hispanic Population

8 people

1.25% of the people in Penney Farms, FL are hispanic (8 people).

The following chart shows the 8 races represented in Penney Farms, FL as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Florida.

Most Common Origin

Cuba
1,051,839 ± 24,582 people
Haiti
364,479 ± 14,701 people
Colombia
327,463 ± 13,946 people

In 2024, the most common birthplace for the foreign-born residents of Florida was Cuba, the natal country of 1,051,839 Florida residents, followed by Haiti with 364,479 and Colombia with 327,463.

Foreign-Born Population

4.36%

2024 Foreign-Born Population

28 people

4.01%

2023 Foreign-Born Population

23 people

As of 2024, 4.36% of Penney Farms, FL residents (28 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Penney Farms, FL was 4.01%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Penney Farms, FL compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
35 ± 43
Korea
22 ± 25
Gulf War (1990s)
14 ± 28

Penney Farms, FL has a large population of military personnel who served in Vietnam, 1.59 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Penney Farms, FL.

Housing & Living

The median property value in Penney Farms, FL was $230,800 in 2024, which is 0.694 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $213,300 to $230,800, a 8.2% increase. The homeownership rate in Penney Farms, FL is 15.3%, which is lower than the national average of 65.2%.

Housing

Property

$230,800

Median Property Value 2024

±$140,149

$46

Median Property Taxes

±$54

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Penney Farms, FL the largest share of households pay taxes in the $1,500 - $2k range.

The chart underneath the paragraph shows the property taxes in Penney Farms, FL compared to it's parent and neighbor geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$52,500

Median Household Income

± $11,118

300

Number of Households

± 92

In 2024, the median household income of the 300 households in Penney Farms, FL declined from $52,500 from the previous year's value of $60,625.

The following chart displays the households in Penney Farms, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $20k - $25k range.

Wage Distribution

The closest comparable wage GINI for Penney Farms, FL is from Florida.

0.471

2024 Wage GINI in Florida

0.473

2023 Wage GINI in Florida

In 2024, the income inequality in Florida was 0.471 according to the GINI calculation of the wage distribution. Income inequality had a 0.383% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Florida was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Florida in comparison to the national average.

This chart shows the number of workers in Florida across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (50%)
Walked (23.3%)
Bicycle (20%)

In 2024, 50% of workers in Penney Farms, FL drove alone to work, followed by those who walked to work (23.3%) and those who used a bicycle to get to work (20%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Car Ownership

1 car

Average Number

The following chart displays the households in Penney Farms, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Penney Farms, FL have 1 car.

Poverty

Poverty & Diversity

9.55% of the population for whom poverty status is determined in Penney Farms, FL (49 out of 513 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 35 - 44, followed by Males 65 - 74 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Penney Farms, FL is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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