Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 57.0 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 11.7% ▲ 17% above avg |
| College Grads | 47.0% ▲ 21% above avg |
| Unemployment | 2.5% ▼ 50% below avg |
| No HS Diploma | 73 (1%) |
| HS Graduate | 1,662 (23.3%) |
| Some College | 851 (11.9%) |
| Associates | 1,194 (16.7%) |
| Bachelors | 832 (11.7%) |
| Graduate Degree | 2,526 (35.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,700 ▲ 11% above avg |
|---|---|
| Median Home Value | $534,400 ▲ 92% above avg |
| Home/Income Ratio | 6.3x (nat avg ~3.5x) |
| Median Rent | $2,049/mo |
| Total Housing Units | 4,337 |
| Vacant Units | 599 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Penn Valley is a city in California, located in Nevada County. The city spans 1 ZIP code and is home to approximately 9,448 residents. It is an older city, with a median age of 57 years.
Economically, Penn Valley is a middle-income community. The median household income of $84,700 is near the national average. Approximately 11.7% of residents live below the poverty line. The unemployment rate is 2.5%, below the national average.
The real estate market in Penn Valley is a premium housing market. Median home values stand at $534,400, which is significantly above the national average. Renters typically pay around $2,049 per month. Homeownership is high at 82.2%, typical of suburban and family-oriented communities.
The population of Penn Valley is well-educated. 47.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (79.45%).
Penn Valley, CA offers residents above-average earning potential within California.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 95946 | 9,448 | $84,700 | $534,400 | $2,049 | 2.5% | 47.0% | 82.2% |