Population 164 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Penny Hill
Household size in Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 2.53 | 2.53 | 2.68 |
| 2010–14 | 2.67 | 2.58 | 2.73 |
| 2015–19 | 2.43 | 2.56 | 2.71 |
| 2020–24 | 2.63 | 2.52 | 2.65 |
| Change | +0.11 | −0.01 | −0.03 |
Households in Penny Hill average 2.63 people, about the same as the country as a whole (2.65). The typical household here is bigger than in North Carolina as a whole, where it has 2.52 people. Household size has climbed from 2.53 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
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 Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 36.9 | 37.9 | 37.7 |
| 2010–14 | 44.1 | 38.9 | 38.6 |
| 2015–19 | 40.8 | 40.2 | 39.6 |
| 2020–24 | 41.4 | 40.3 | 40.1 |
| Change | +4.5 | +2.3 | +2.3 |
Half of the people in Penny Hill are younger than 41.4 and half are older, close to the national median of 40.1.
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 Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 14.5% | 12.3% | 12.3% |
| 2010–14 | 13.7% | 12.5% | 12.3% |
| 2015–19 | 18.7% | 11.6% | 11.6% |
| 2020–24 | 11.8% | 11.4% | 11.6% |
| Change | −2.7 pts | −1.0 pts | −0.6 pts |
Single-parent households are about as common in Penny Hill as they are nationally: 11.8%, against 11.6%.
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 Penny Hill
Renters in Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 31.0% | 31.9% | 33.3% |
| 2010–14 | 36.1% | 34.2% | 35.6% |
| 2015–19 | 29.2% | 34.8% | 36.0% |
| 2020–24 | 26.4% | 33.4% | 34.8% |
| Change | −4.5 pts | +1.4 pts | +1.5 pts |
Most households in Penny Hill own their homes; 26.4% rent, below the national share of 34.8%. Nearly six in ten owners (58.1%) have paid off their mortgages, well 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 Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 19.5% | 12.8% | 11.4% |
| 2010–14 | 17.7% | 12.8% | 11.4% |
| 2015–19 | 19.4% | 12.5% | 11.1% |
| 2020–24 | 10.5% | 11.4% | 9.6% |
| Change | −9.0 pts | −1.5 pts | −1.8 pts |
Vacancy in Penny Hill is close to the national rate: 10.5% of homes are empty, against 9.6%.
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 Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 1981 | 1983 | 1974 |
| 2010–14 | 1985 | 1985 | 1975 |
| 2015–19 | 1984 | 1986 | 1977 |
| 2020–24 | 1980 | 1990 | 1980 |
| Change | −1 | +7 | +6 |
Homes in Penny Hill are the same age as the nation's housing: the median home was built in 1980. Homes here are older than in North Carolina as a whole, where the median home dates to 1990.
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 Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | $554 | $789 | $965 |
| 2010–14 | $754 | $868 | $1,040 |
| 2015–19 | $827 | $981 | $1,213 |
| 2020–24 | $760 | $1,317 | $1,571 |
| Change | +$206 | +$528 | +$606 |
The median renter in Penny Hill pays $760 a month for rent and utilities, well below the national median of $1,571. Rent takes 25.5% of the typical renter's income, comfortably under 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 Penny Hill
Bachelor's degrees in Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 5.8% | 27.8% | 28.4% |
| 2010–14 | 5.8% | 29.0% | 29.6% |
| 2015–19 | 8.8% | 32.0% | 32.1% |
| 2020–24 | 12.6% | 36.2% | 35.6% |
| Change | +6.8 pts | +8.4 pts | +7.2 pts |
Fewer adults in Penny Hill have a four-year degree than in the country as a whole: 12.6%, against 35.6% nationally.
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 Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 68.2% | 84.5% | 84.9% |
| 2010–14 | 72.9% | 86.0% | 86.1% |
| 2015–19 | 82.0% | 88.1% | 87.7% |
| 2020–24 | 88.9% | 90.2% | 89.3% |
| Change | +20.7 pts | +5.7 pts | +4.3 pts |
High school completion in Penny Hill is close to the national rate: 88.9% 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 Penny Hill
| Period | Penny Hill | North Carolina | U.S. |
|---|---|---|---|
| 2006–10 | 11.2% | 8.8% | 8.1% |
| 2010–14 | 15.4% | 10.6% | 9.4% |
| 2015–19 | 7.3% | 5.7% | 5.6% |
| 2020–24 | 6.4% | 4.8% | 5.4% |
| Change | −4.8 pts | −4.0 pts | −2.7 pts |
Unemployment runs a little high in Penny Hill: 6.4% of the labor force was out of work and looking, against 5.4% nationally. 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).
Penny Hill 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penny Hill | 2.63 | 41.4 | 11.8% | 26.4% | 10.5% | 1980 | $760 | 12.6% | 88.9% | 6.4% |
| Princeville | 2.82 | 39.2 | 26.9% | 31.9% | 21.9% | 1995 | $1,102 | 8.5% | 85.9% | 7.8% |
| Tarboro | 2.28 | 47.7 | 14.9% | 37.4% | 14.6% | 1977 | $827 | 22.7% | 87.6% | 4.1% |
| Speed | 2.86 | 44.9 | 2.9% | 25.1% | 11.9% | 1991 | $681 | 14.0% | 87.7% | 3.8% |
| Mildred | 2.54 | 43.8 | 16.6% | 21.4% | 13.4% | 1973 | $905 | 4.7% | 89.2% | 9.1% |
| Lawrence | 2.90 | 45.0 | 3.1% | 23.8% | 11.3% | 1993 | $669 | 14.0% | 87.2% | 3.0% |
| Leggett | 2.67 | 46.9 | 19.6% | 27.2% | 16.3% | 1986 | $890 | 12.1% | 83.5% | 5.0% |
| Conetoe | 2.56 | 48.6 | 16.8% | 19.5% | 15.6% | 1982 | $916 | 5.8% | 86.6% | 8.3% |
| Wiggins Crossroads | 2.38 | 54.1 | 12.1% | 15.7% | 10.1% | 1989 | $641 | 11.3% | 81.4% | 7.0% |
| Mayos Crossroads | 2.09 | 46.5 | 12.8% | 28.4% | 7.7% | 1964 | $837 | 11.0% | 88.5% | 9.1% |
| Hobgood | 2.13 | 58.2 | 6.3% | 22.1% | 28.6% | 1981 | $699 | 10.6% | 81.1% | 3.0% |
All figures 2020–24.
Cities with similar populations: Indian Castle, NY · Hubly, IL · Hudson, LA · Hull, WV · Hummels Wharf, PA · Humphrey Center, NY · Hunlock Gardens, PA · Hurdsfield, ND · Hutchins, PA · Independence, IL
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 Penny Hill. 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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