Penn Valley

Population: 1,197
Median household income: $62,966
Median home value: $530,100

Located in Nevada County, California, Penn Valley is a community with a population of 1,197. The median household income of $62,966 is below the Nevada County median ($84,905).

From 2019 to 2023, Penn Valley's population declined 10.7% from 1,341 to 1,197, while its median home value rose 68.2% from $315,200 to $530,100.

11.9% of residents live below the poverty line. Households average 2.20 people.

Demographics

ACS 2019–2023

Population: 1,197
Median age: 52.7 yrs
Median household income: $62,966
Median home value: $530,100
Median gross rent: $1,608
Housing units: 650
Homeownership rate: 63.9%
Bachelor's degree or higher: 17.8%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

1,3411,197

Median household income

$42,904$62,966

Median home value

$315,200$530,100

Median gross rent

$1,279$1,608

Year	Population	Median household income	Median home value	Median gross rent
2019	1,341	$42,904	$315,200	$1,279
2020	1,073	$44,874	—	$1,336
2021	1,124	$56,667	—	$1,662
2022	1,188	$65,882	$525,500	$1,664
2023	1,197	$62,966	$530,100	$1,608

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.3%

5 to 177.9%

18 to 240.0%

25 to 3416.4%

35 to 4419.3%

45 to 543.3%

55 to 6414.3%

65 to 7421.8%

75 and over13.6%

	Count	Share
Under 5	40	3.3%
5 to 17	95	7.9%
18 to 24	0	0.0%
25 to 34	196	16.4%
35 to 44	231	19.3%
45 to 54	40	3.3%
55 to 64	171	14.3%
65 to 74	261	21.8%
75 and over	163	13.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	959	80.1%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	111	9.3%
Hispanic or Latino (any race)	127	10.6%

Educational attainment (age 25+)

No high school diploma6.8%

High school graduate21.2%

Some college or associate's54.2%

Bachelor's degree16.0%

Graduate or professional degree1.8%

	Count	Share
No high school diploma	72	6.8%
High school graduate	225	21.2%
Some college or associate's	576	54.2%
Bachelor's degree	170	16.0%
Graduate or professional degree	19	1.8%

Commute to work

Mean travel time to work: 57 min

Drove alone87.5%

Carpooled12.0%

Public transit0.0%

Walked0.6%

Bicycle0.0%

Worked from home0.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	467	87.5%
Carpooled	64	12.0%
Public transit	0	0.0%
Walked	3	0.6%
Bicycle	0	0.0%
Worked from home	0	0.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	0	0.0%
15 to 29 min	243	45.5%
30 to 44 min	51	9.6%
45 to 59 min	5	0.9%
60+ min	235	44.0%

Households

Average household size: 2.20
Poverty rate: 11.9% (143 of 1,197)

	Count	Share
Family households	411	76.5%
Nonfamily households	126	23.5%

Housing

Median year structure built: 1977

Occupancy

	Count	Share
Occupied	537	82.6%
Vacant	113	17.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	343	63.9%
Renter-occupied	194	36.1%

1-unit, detached58.6%

1-unit, attached2.2%

2 to 4 units10.5%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other28.8%

Units in structure

	Count	Share
1-unit, detached	381	58.6%
1-unit, attached	14	2.2%
2 to 4 units	68	10.5%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	187	28.8%

Geography

Place GEOID: 0656518
Type (LSAD): 57
Land area: 2.12 sq mi
Water area: 0 sq mi
Center point: 39.1953, -121.1942