Living in Penelope, Texas

Cost of living, income, home prices, rent and demographics of Penelope · Census data 2020–2024

Penelope has 235 residents with a median age of 40.9. The median household income is $60,000 (24% lower than the Texas median).

Penelope is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Penelope at a glance

Population
235
Median age
40.9State: 35.6
Median household income
$60,000State: $78,476
Homeowners
86.3%
Bachelor's degree or higher
19.6%
Average commute
21 min

Is Penelope a good place to live?

Pros: An average commute of 21 minutes; unemployment of 1.8%.

Cons: Median household income 24% lower than the Texas median; a poverty rate of 16.2%.

The weather is best in March–April and October–November.

Penelope median household income

The median household income in Penelope is $60,000 and the income per person is $28,495. 16.2% of residents live below the poverty line (Texas: 13.8%).

Median household income

Penelope$60,000
Texas$78,476
United States$80,734

Housing in Penelope: homes for sale and rent

Housing units
94
Owner-occupied
86.3%
Renter-occupied
13.8%
Vacant
14.9%Includes seasonal homes
Median year built
1958
Average household size
2.94

Penelope demographics

Population
235
Median age
40.9
Under 18
23.8%
65 and older
17.9%
Households
80
Foreign-born
9.4%
Veterans
4.5%Adults 18+

Race and ethnicity

White69.4%
Hispanic or Latino28.5%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Penelope ›

Education in Penelope

19.6% of adults 25 and older in Penelope have a bachelor's degree or higher (Texas: 33.8%), and 5.2% have a graduate or professional degree.

Bachelor's degree or higher

Penelope19.6%
Texas33.8%
United States35.7%

Jobs and commute in Penelope

Unemployment rate
1.8%State: 5.3%
Average commute
21 minState: 27 min
Work from home
2.8%
Drive alone
84.3%
Public transit
0%
Walk to work
0.9%
Homes with broadband
80%

Penelope vs nearby towns

TownPopulationMedian incomeHome valueRent
Penelope235$60,000——
Malone280$31,083$117,600$850
Mount Calm439$49,934$111,700$1,143
Hubbard1,327$50,859$134,900$868
Abbott470$103,214$173,600—
Bynum236$83,750$108,300$933
Leroy458$82,708$193,800$735
West2,576$61,875$182,900$1,002
Dawson1,322$51,042$140,700$748

More for people moving to Penelope

Penelope ZIP code ›Weather and climate ›

Living in Penelope: FAQ

What is the median household income in Penelope, TX?

The median household income in Penelope is $60,000, 24% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

Is Penelope, TX a good place to live?

Pluses: an average commute of 21 minutes; unemployment of 1.8%. Minuses: median household income 24% lower than the Texas median; a poverty rate of 16.2%.

What is the median age in Penelope?

The median age in Penelope is 40.9 years (Texas: 35.6).

How long is the commute in Penelope?

The average commute to work in Penelope is 21 minutes; 2.8% of workers work from home.

What is the unemployment rate in Penelope?

The unemployment rate in Penelope is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Penelope?

19.6% of adults in Penelope 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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