Green Cove Springs vs Penney Farms

A side-by-side comparison of Green Cove Springs and Penney Farms: population, income, housing, and more.

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

Green Cove Springs has the higher population (9,937 vs 573 in Penney Farms). Green Cove Springs has the higher median household income ($66,907 vs $60,625 in Penney Farms). Green Cove Springs has the higher median home value ($283,200 vs $213,300 in Penney Farms).

Population, income & housing

	Green Cove Springs	Penney Farms
Population	9,937	573
Median age	43.0 yrs	79.9 yrs
Median household income	$66,907	$60,625
Median home value	$283,200	$213,300
Median gross rent	$1,285	$1,893
Housing units	3,799	262
Homeownership rate	77.6%	14.0%
Bachelor's degree or higher	27.6%	51.5%
Unemployment rate	4.9%	0.0%

Trends (ACS 5-year, 2019–2023)

	Green Cove Springs	Penney Farms
Population	7,923 → 9,937 (+25.4%)	683 → 573 (-16.1%)
Median household income	$57,009 → $66,907 (+17.4%)	$52,188 → $60,625 (+16.2%)
Median home value	$189,500 → $283,200 (+49.4%)	$207,700 → $213,300 (+2.7%)
Median gross rent	$916 → $1,285 (+40.3%)	$1,427 → $1,893 (+32.7%)

Green Cove Springs

Population

7,9239,937

Median household income

$57,009$66,907

Median home value

$189,500$283,200

Median gross rent

$916$1,285

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)

	Green Cove Springs	Penney Farms
Under 5	6.1%	0.9%
5 to 17	11.6%	3.5%
18 to 24	10.7%	0.0%
25 to 34	12.1%	0.7%
35 to 44	12.5%	7.5%
45 to 54	11.9%	2.3%
55 to 64	14.6%	2.4%
65 to 74	10.9%	20.1%
75 and over	9.6%	62.7%

Race & ethnicity (share)

	Green Cove Springs	Penney Farms
White (non-Hispanic)	64.2%	93.0%
Black or African American	15.8%	3.5%
American Indian & Alaska Native	0.0%	0.0%
Asian	1.9%	0.0%
Native Hawaiian & Pacific Islander	0.6%	0.0%
Some other race	1.1%	0.2%
Two or more races	5.9%	1.9%
Hispanic or Latino	10.4%	1.4%

Educational attainment (age 25+)

Share of adults 25+

	Green Cove Springs	Penney Farms
No high school diploma	7.8%	12.6%
High school graduate	28.2%	21.0%
Some college or associate's	36.3%	15.0%
Bachelor's degree	19.9%	21.0%
Graduate or professional degree	7.8%	30.5%

Commute to work

How workers get to work (share)

	Green Cove Springs	Penney Farms
Drove alone	63.4%	36.8%
Carpooled	11.7%	0.0%
Public transit	0.0%	0.0%
Walked	7.2%	15.8%
Bicycle	0.9%	13.2%
Worked from home	14.8%	34.2%
Other means	2.0%	0.0%

Housing

Units in structure (share)

	Green Cove Springs	Penney Farms
1-unit, detached	89.8%	31.7%
1-unit, attached	0.9%	17.2%
2 to 4 units	4.1%	22.9%
5 to 19 units	2.2%	0.4%
20 or more units	0.8%	26.7%
Mobile home & other	2.2%	1.1%

Poverty & households

	Green Cove Springs	Penney Farms
Poverty rate	10.4%	8.4%
Average household size	2.68	1.79
Mean commute (minutes)	29	36
Median year structure built	1994	1956