Penney Farms

Population: 573
Median household income: $60,625
Median home value: $213,300

Penney Farms, a community in Clay County, Florida, has 573 residents. Its median household income of $60,625 runs below the Clay County figure of $86,094.

From 2019 to 2023, Penney Farms's population declined 16.1% from 683 to 573.

The typical home was built around 1956. 8.4% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 573
Median age: 79.9 yrs
Median household income: $60,625
Median home value: $213,300
Median gross rent: $1,893
Housing units: 262
Homeownership rate: 14.0%
Bachelor's degree or higher: 51.5%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

683573

Median household income

$52,188$60,625

Median home value

$207,700$213,300

Median gross rent

$1,427$1,893

Year	Population	Median household income	Median home value	Median gross rent
2019	683	$52,188	—	$1,427
2020	655	$56,136	$207,700	$1,544
2021	680	$58,188	$202,600	$1,616
2022	721	$63,333	$217,300	$1,787
2023	573	$60,625	$213,300	$1,893

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

Age distribution

Under 50.9%

5 to 173.5%

18 to 240.0%

25 to 340.7%

35 to 447.5%

45 to 542.3%

55 to 642.4%

65 to 7420.1%

75 and over62.7%

	Count	Share
Under 5	5	0.9%
5 to 17	20	3.5%
18 to 24	0	0.0%
25 to 34	4	0.7%
35 to 44	43	7.5%
45 to 54	13	2.3%
55 to 64	14	2.4%
65 to 74	115	20.1%
75 and over	359	62.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	533	93.0%
Black or African American	20	3.5%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	1	0.2%
Two or more races	11	1.9%
Hispanic or Latino (any race)	8	1.4%

Educational attainment (age 25+)

No high school diploma12.6%

High school graduate21.0%

Some college or associate's15.0%

Bachelor's degree21.0%

Graduate or professional degree30.5%

	Count	Share
No high school diploma	69	12.6%
High school graduate	115	21.0%
Some college or associate's	82	15.0%
Bachelor's degree	115	21.0%
Graduate or professional degree	167	30.5%

Commute to work

Mean travel time to work: 36 min

Drove alone36.8%

Carpooled0.0%

Public transit0.0%

Walked15.8%

Bicycle13.2%

Worked from home34.2%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	14	36.8%
Carpooled	0	0.0%
Public transit	0	0.0%
Walked	6	15.8%
Bicycle	5	13.2%
Worked from home	13	34.2%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	11	44.0%
15 to 29 min	0	0.0%
30 to 44 min	4	16.0%
45 to 59 min	0	0.0%
60+ min	10	40.0%

Households

Average household size: 1.79
Poverty rate: 8.4% (37 of 443)

	Count	Share
Family households	141	61.8%
Nonfamily households	87	38.2%

Housing

Median year structure built: 1956

Occupancy

	Count	Share
Occupied	228	87.0%
Vacant	34	13.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	32	14.0%
Renter-occupied	196	86.0%

1-unit, detached31.7%

1-unit, attached17.2%

2 to 4 units22.9%

5 to 19 units0.4%

20 or more units26.7%

Mobile home & other1.1%

Units in structure

	Count	Share
1-unit, detached	83	31.7%
1-unit, attached	45	17.2%
2 to 4 units	60	22.9%
5 to 19 units	1	0.4%
20 or more units	70	26.7%
Mobile home & other	3	1.1%

Geography

Place GEOID: 1255875
Type (LSAD): 43
Land area: 1.46 sq mi
Water area: 0 sq mi
Center point: 29.9807, -81.8108