Living in Penryn, California
Cost of living, income, home prices, rent and demographics of Penryn · Census data 2020–2024
Penryn has 1,114 residents with a median age of 56. The median household income is $127,361 (28% higher than the California median), the median home value is $808,500, the median rent is $573/month.
Penryn is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Penryn at a glance
- Population
- 1,114
- Median age
- 56State: 37.9
- Median household income
- $127,361State: $99,122
- Median home value
- $808,500State: $734,700
- Median rent
- $573/moState: $2,036
- Homeowners
- 88.5%
- Bachelor's degree or higher
- 38.1%
- Average commute
- 23 min
Is Penryn a good place to live?
Pros: Median household income 28% higher than the California median; an average commute of 23 minutes; unemployment of 5.5%; a poverty rate of 2.4%.
Cons: Home values 10% higher than the state median.
The weather is best in May–June and September–October.
Cost of living in Penryn
Housing is the biggest part of the cost of living. In Penryn the median home value is $808,500, 143% higher than the U.S. median. Renters pay a median of $573 per month, which is 20.4% of household income. Homeowners with a mortgage pay $2,363 a month in housing costs.
Penryn median household income
The median household income in Penryn is $127,361 and the income per person is $64,421. 2.4% of residents live below the poverty line (California: 12%).
Housing in Penryn: homes for sale and rent
- Housing units
- 477
- Owner-occupied
- 88.5%
- Renter-occupied
- 11.5%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.34
Penryn demographics
- Population
- 1,114
- Median age
- 56
- Under 18
- 21.8%
- 65 and older
- 28.8%
- Households
- 477
- Foreign-born
- 5.7%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Penryn ›
Education in Penryn
38.1% of adults 25 and older in Penryn have a bachelor's degree or higher (California: 37.1%), and 20.3% have a graduate or professional degree.
Jobs and commute in Penryn
- Unemployment rate
- 5.5%State: 6.6%
- Average commute
- 23 minState: 29 min
- Work from home
- 26.8%
- Drive alone
- 67.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95%
Penryn vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Penryn | 1,114 | $127,361 | $808,500 | $573 |
| Newcastle | 1,585 | $108,750 | $598,000 | $1,798 |
| Loomis | 6,853 | $81,487 | $634,500 | $1,702 |
| Rocklin | 73,327 | $124,168 | $703,400 | $2,258 |
| Granite Bay | 21,673 | $184,606 | $1,135,900 | $2,740 |
| Auburn | 13,768 | $82,674 | $672,500 | $1,501 |
| North Auburn | 13,480 | $71,056 | $530,400 | $1,742 |
| Lincoln | 52,956 | $111,990 | $651,000 | $2,090 |
| Roseville | 155,955 | $119,288 | $661,400 | $2,142 |
More for people moving to Penryn
Penryn ZIP code ›Weather and climate ›Living in Penryn: FAQ
What is the median household income in Penryn, CA?
The median household income in Penryn is $127,361, 28% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Penryn?
The median home value in Penryn is $808,500, compared with $734,700 in California.
How much is rent in Penryn?
The median gross rent in Penryn is $573 per month, about 20.4% of household income.
Is Penryn, CA a good place to live?
Pluses: median household income 28% higher than the California median; an average commute of 23 minutes; unemployment of 5.5%; a poverty rate of 2.4%. Minuses: home values 10% higher than the state median.
What is the median age in Penryn?
The median age in Penryn is 56 years (California: 37.9).
How long is the commute in Penryn?
The average commute to work in Penryn is 23 minutes; 26.8% of workers work from home.
What is the unemployment rate in Penryn?
The unemployment rate in Penryn is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Penryn?
38.1% of adults in Penryn have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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