Living in Penn Yan, New York
Cost of living, income, home prices, rent and demographics of Penn Yan · Census data 2020–2024
Penn Yan has 4,714 residents with a median age of 48.5. The median household income is $60,190 (30% lower than the New York median), the median home value is $152,700, the median rent is $663/month.
Penn Yan at a glance
- Population
- 4,714
- Median age
- 48.5State: 39.8
- Median household income
- $60,190State: $85,974
- Median home value
- $152,700State: $423,800
- Median rent
- $663/moState: $1,621
- Homeowners
- 61.8%
- Bachelor's degree or higher
- 21.8%
- Average commute
- 14 min
Is Penn Yan a good place to live?
Pros: Home values 64% lower than the state median; an average commute of 14 minutes; unemployment of 1.6%; a poverty rate of 12.8%.
Cons: Median household income 30% lower than the New York median.
The weather is best in June to September.
Cost of living in Penn Yan
Housing is the biggest part of the cost of living. In Penn Yan the median home value is $152,700, 54% lower than the U.S. median. Renters pay a median of $663 per month, which is 24.5% of household income. Homeowners with a mortgage pay $1,122 a month in housing costs.
Penn Yan median household income
The median household income in Penn Yan is $60,190 and the income per person is $35,109. 12.8% of residents live below the poverty line (New York: 14%).
Housing in Penn Yan: homes for sale and rent
- Housing units
- 2,268
- Owner-occupied
- 61.8%
- Renter-occupied
- 38.2%
- Vacant
- 5.5%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.02
Penn Yan demographics
- Population
- 4,714
- Median age
- 48.5
- Under 18
- 16.1%
- 65 and older
- 30.3%
- Households
- 2,144
- Foreign-born
- 2.6%
- Veterans
- 10.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Penn Yan ›
Education in Penn Yan
21.8% of adults 25 and older in Penn Yan have a bachelor's degree or higher (New York: 40.2%), and 8.7% have a graduate or professional degree.
Jobs and commute in Penn Yan
- Unemployment rate
- 1.6%State: 6.4%
- Average commute
- 14 minState: 33 min
- Work from home
- 6.2%
- Drive alone
- 81.3%
- Public transit
- 0%
- Walk to work
- 6.5%
- Homes with broadband
- 80.6%
Penn Yan vs nearby towns
More for people moving to Penn Yan
Penn Yan ZIP code ›Weather and climate ›Living in Penn Yan: FAQ
What is the median household income in Penn Yan, NY?
The median household income in Penn Yan is $60,190, 30% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Penn Yan?
The median home value in Penn Yan is $152,700, compared with $423,800 in New York.
How much is rent in Penn Yan?
The median gross rent in Penn Yan is $663 per month, about 24.5% of household income.
Is Penn Yan, NY a good place to live?
Pluses: home values 64% lower than the state median; an average commute of 14 minutes; unemployment of 1.6%; a poverty rate of 12.8%. Minuses: median household income 30% lower than the New York median.
What is the median age in Penn Yan?
The median age in Penn Yan is 48.5 years (New York: 39.8).
How long is the commute in Penn Yan?
The average commute to work in Penn Yan is 14 minutes; 6.2% of workers work from home.
What is the unemployment rate in Penn Yan?
The unemployment rate in Penn Yan is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Penn Yan?
21.8% of adults in Penn Yan 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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