Population 195 · Census ACS 2020–24
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Population and households in Penland
Household size in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 2.33 | 2.87 | 2.68 |
| 2010–14 | 2.58 | 2.93 | 2.73 |
| 2015–19 | 2.72 | 2.95 | 2.71 |
| 2020–24 | 2.21 | 2.83 | 2.65 |
| Change | −0.12 | −0.05 | −0.03 |
Penland is a place of small households, averaging 2.21 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.33 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 45.1 | 34.7 | 37.7 |
| 2010–14 | 43.8 | 35.4 | 38.6 |
| 2015–19 | 46.7 | 36.1 | 39.6 |
| 2020–24 | 48.1 | 36.7 | 40.1 |
| Change | +3.0 | +2.0 | +2.3 |
Penland skews older: half of its residents are older than 48.1, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 7.9% | 13.7% | 12.3% |
| 2010–14 | 8.2% | 13.7% | 12.3% |
| 2015–19 | 8.3% | 13.1% | 11.6% |
| 2020–24 | 1.0% | 12.9% | 11.6% |
| Change | −6.9 pts | −0.8 pts | −0.6 pts |
Single-parent households are relatively rare in Penland: 1.0% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Penland
Renters in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 7.8% | 35.2% | 33.3% |
| 2010–14 | 11.4% | 37.3% | 35.6% |
| 2015–19 | 14.1% | 38.0% | 36.0% |
| 2020–24 | 8.7% | 37.4% | 34.8% |
| Change | +1.0 pts | +2.3 pts | +1.5 pts |
Only 8.7% of households in Penland rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. About half of owners (49.2%) have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 2.3% | 11.8% | 11.4% |
| 2010–14 | 10.2% | 10.9% | 11.4% |
| 2015–19 | 11.9% | 10.9% | 11.1% |
| 2020–24 | 19.0% | 9.4% | 9.6% |
| Change | +16.7 pts | −2.4 pts | −1.8 pts |
Vacancy is high in Penland: 19.0% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 1984 | 1983 | 1974 |
| 2010–14 | 1987 | 1985 | 1975 |
| 2015–19 | 1987 | 1987 | 1977 |
| 2020–24 | 1987 | 1992 | 1980 |
| Change | +4 | +8 | +6 |
Homes in Penland are newer than the national norm: the median home was built in 1987, versus 1980 across the U.S. Still, homes here are older than in Texas overall, where the median home dates to 1992.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | $694 | $921 | $965 |
| 2010–14 | $543 | $1,005 | $1,040 |
| 2015–19 | $718 | $1,178 | $1,213 |
| 2020–24 | $958 | $1,560 | $1,571 |
| Change | +$264 | +$639 | +$606 |
Rent in Penland runs $958 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 32.1% of household income on rent, just over the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Penland
Bachelor's degrees in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 22.8% | 27.0% | 28.4% |
| 2010–14 | 18.6% | 27.9% | 29.6% |
| 2015–19 | 14.7% | 30.0% | 32.1% |
| 2020–24 | 30.9% | 34.0% | 35.6% |
| Change | +8.1 pts | +7.1 pts | +7.2 pts |
College degrees are a little less common in Penland than nationally: 30.9% of adults 25 and older have a bachelor's or higher, against 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 87.1% | 80.7% | 84.9% |
| 2010–14 | 88.2% | 82.0% | 86.1% |
| 2015–19 | 87.2% | 83.6% | 87.7% |
| 2020–24 | 93.6% | 85.8% | 89.3% |
| Change | +6.5 pts | +5.1 pts | +4.3 pts |
High school completion in Penland is above the national rate: 93.6% of adults have a diploma or equivalent, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Penland
| Period | Penland | Texas | U.S. |
|---|---|---|---|
| 2006–10 | 4.2% | 7.0% | 8.1% |
| 2010–14 | 1.7% | 7.7% | 9.4% |
| 2015–19 | 6.0% | 5.1% | 5.6% |
| 2020–24 | 2.1% | 5.3% | 5.4% |
| Change | −2.1 pts | −1.7 pts | −2.7 pts |
Unemployment in Penland has been low: just 2.1% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Penland compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Penland | 2.21 | 48.1 | 1.0% | 8.7% | 19.0% | 1987 | $958 | 30.9% | 93.6% | 2.1% |
| Smith Oaks | 2.13 | 51.5 | 4.9% | 3.4% | 5.3% | 1983 | $958 | 10.5% | 95.7% | 0.8% |
| Denison | 2.60 | 40.4 | 13.8% | 35.5% | 9.6% | 1973 | $1,266 | 19.6% | 89.4% | 4.3% |
| Bells | 2.77 | 38.4 | 9.1% | 18.2% | 10.0% | 1988 | $968 | 27.3% | 93.3% | 6.2% |
| Kemp | 2.55 | 42.6 | 4.4% | 13.4% | 17.7% | 1994 | $639 | 22.0% | 88.1% | 1.5% |
| Hendrix | 2.58 | 43.4 | 5.2% | 15.6% | 17.9% | 1992 | $753 | 20.3% | 87.3% | 2.1% |
| Knollwood | 2.33 | 32.8 | 8.2% | 54.1% | 4.9% | 2007 | $1,448 | 18.7% | 93.3% | 2.0% |
| Savoy | 2.95 | 39.9 | 20.6% | 22.4% | 11.2% | 1979 | $1,003 | 18.4% | 91.9% | 3.0% |
| Achille | 2.52 | 43.8 | 8.9% | 27.6% | 14.5% | 1987 | $858 | 15.5% | 82.8% | 1.1% |
| Colbert | 2.67 | 41.1 | 15.9% | 22.1% | 9.8% | 1989 | $891 | 26.1% | 86.9% | 4.6% |
| Sherman | 2.49 | 38.2 | 14.0% | 43.7% | 8.9% | 1980 | $1,398 | 23.8% | 88.6% | 2.7% |
All figures 2020–24.
Cities with similar populations: Jones, GA · Wolco, OK · Witch Lake, MI · Jeffress, VA · Jericho, WI · Winterville, MS · Winston, VA · Johnsonville, WI · Jonathan, ID · Wolf Creek, WI
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Penland. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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