Indiana · Census place 58788
Pennville town, IN
Quick answer
Pennville town has 666 residents, ranking #445 of 976 places in Indiana. Median household income is $36,607, the median home is worth $75,000 and median gross rent runs $675 a month.
- Population
- 666Pennville town residents
- Median household income
- $36,607Past 12 months, inflation adjusted
- Median home value
- $75,000Owner-occupied units
- Median gross rent
- $675Rent plus utilities, monthly
- Median age
- 39.1 yrsAll residents
- Homeownership rate
- 63.7%Owner-occupied households
What the numbers mean in Pennville town
Housing cost measured against local earnings.
A household earning the Pennville town median would spend about 22.1% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.6% of residents and 63.7% 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 Indiana.
- Windfall City town 693
- Mecca town 670
- Lakeville town 669
- Cynthiana town 663
- Sharpsville town 663
- Lake of the Woods CDP 658
- Reynolds town 655
Keep going
More Indiana coverage.