California · Census place 56518
Penn Valley CDP, CA
Quick answer
Penn Valley CDP has 1,197 residents, ranking #1018 of 1618 places in California. Median household income is $62,966, the median home is worth $530,100 and median gross rent runs $1,608 a month.
- Population
- 1,197Penn Valley CDP residents
- Median household income
- $62,966Past 12 months, inflation adjusted
- Median home value
- $530,100Owner-occupied units
- Median gross rent
- $1,608Rent plus utilities, monthly
- Median age
- 52.7 yrsAll residents
- Homeownership rate
- 63.9%Owner-occupied households
What the numbers mean in Penn Valley CDP
Housing cost measured against local earnings.
A household earning the Penn Valley CDP median would spend about 30.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 8.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.9% of residents and 63.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in California.
- Elkhorn CDP 1,201
- Sea Ranch CDP 1,200
- Taft Mosswood CDP 1,199
- Bolinas CDP 1,176
- Beale AFB CDP 1,174
- Maxwell CDP 1,174
- Grayson CDP 1,164
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