Minnesota · Census place 50344
Pennock city, MN
Quick answer
Pennock city has 510 residents, ranking #496 of 914 places in Minnesota. Median household income is $68,846, the median home is worth $140,500 and median gross rent runs $1,098 a month.
- Population
- 510Pennock city residents
- Median household income
- $68,846Past 12 months, inflation adjusted
- Median home value
- $140,500Owner-occupied units
- Median gross rent
- $1,098Rent plus utilities, monthly
- Median age
- 28.5 yrsAll residents
- Homeownership rate
- 65.3%Owner-occupied households
What the numbers mean in Pennock city
Housing cost measured against local earnings.
A household earning the Pennock city median would spend about 19.1% 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 11.8% of residents and 65.3% 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 Minnesota.
- Gem Lake city 521
- Franklin city 513
- Hampton city 510
- Woodland city 505
- Rothsay city 504
- Argyle city 499
- Milan city 498
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