Asbury Lake vs Penney Farms

A side-by-side comparison of Asbury Lake and Penney Farms: population, income, housing, and more.

Asbury Lake and Penney Farms are places in Florida. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Asbury Lake has the higher population (13,465 vs 573 in Penney Farms). Asbury Lake has the higher median household income ($100,681 vs $60,625 in Penney Farms). Asbury Lake has the higher median home value ($293,000 vs $213,300 in Penney Farms).

Population, income & housing

	Asbury Lake	Penney Farms
Population	13,465	573
Median age	39.7 yrs	79.9 yrs
Median household income	$100,681	$60,625
Median home value	$293,000	$213,300
Median gross rent	$2,189	$1,893
Housing units	5,136	262
Homeownership rate	92.8%	14.0%
Bachelor's degree or higher	37.1%	51.5%
Unemployment rate	1.1%	0.0%

Trends (ACS 5-year, 2019–2023)

	Asbury Lake	Penney Farms
Population	10,160 → 13,465 (+32.5%)	683 → 573 (-16.1%)
Median household income	$82,431 → $100,681 (+22.1%)	$52,188 → $60,625 (+16.2%)
Median home value	$216,600 → $293,000 (+35.3%)	$207,700 → $213,300 (+2.7%)
Median gross rent	$1,428 → $2,189 (+53.3%)	$1,427 → $1,893 (+32.7%)

Asbury Lake

Population

10,16013,465

Median household income

$82,431$100,681

Median home value

$216,600$293,000

Median gross rent

$1,428$2,189

Penney Farms

Population

683573

Median household income

$52,188$60,625

Median home value

$207,700$213,300

Median gross rent

$1,427$1,893

Age & race/ethnicity

Age distribution (share)

	Asbury Lake	Penney Farms
Under 5	5.2%	0.9%
5 to 17	21.1%	3.5%
18 to 24	8.8%	0.0%
25 to 34	7.4%	0.7%
35 to 44	17.2%	7.5%
45 to 54	16.3%	2.3%
55 to 64	11.9%	2.4%
65 to 74	8.2%	20.1%
75 and over	3.9%	62.7%

Race & ethnicity (share)

	Asbury Lake	Penney Farms
White (non-Hispanic)	82.7%	93.0%
Black or African American	7.0%	3.5%
American Indian & Alaska Native	0.0%	0.0%
Asian	2.1%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.5%	0.2%
Two or more races	4.2%	1.9%
Hispanic or Latino	3.5%	1.4%

Educational attainment (age 25+)

Share of adults 25+

	Asbury Lake	Penney Farms
No high school diploma	6.4%	12.6%
High school graduate	24.5%	21.0%
Some college or associate's	32.0%	15.0%
Bachelor's degree	28.6%	21.0%
Graduate or professional degree	8.5%	30.5%

Commute to work

How workers get to work (share)

	Asbury Lake	Penney Farms
Drove alone	68.7%	36.8%
Carpooled	6.0%	0.0%
Public transit	0.0%	0.0%
Walked	0.4%	15.8%
Bicycle	0.0%	13.2%
Worked from home	19.8%	34.2%
Other means	5.0%	0.0%

Housing

Units in structure (share)

	Asbury Lake	Penney Farms
1-unit, detached	98.6%	31.7%
1-unit, attached	0.0%	17.2%
2 to 4 units	0.0%	22.9%
5 to 19 units	0.0%	0.4%
20 or more units	0.0%	26.7%
Mobile home & other	1.4%	1.1%

Poverty & households

	Asbury Lake	Penney Farms
Poverty rate	3.4%	8.4%
Average household size	2.77	1.79
Mean commute (minutes)	36	36
Median year structure built	2004	1956