Living in Pence, Wisconsin

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

Pence has 149 residents with a median age of 48.9. The median household income is $70,625 (9% lower than the Wisconsin median), the median home value is $115,000.

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

Pence at a glance

Population
149
Median age
48.9State: 40.2
Median household income
$70,625State: $77,485
Median home value
$115,000State: $266,500
Homeowners
92.5%
Bachelor's degree or higher
9.5%
Average commute
23 min

Is Pence a good place to live?

Pros: Home values 57% lower than the state median; a poverty rate of 7.4%.

Cons: Median household income 9% lower than the Wisconsin median; an average commute of 23 minutes; unemployment of 5.3%.

The weather is best in June to September.

Cost of living in Pence

Housing is the biggest part of the cost of living. In Pence the median home value is $115,000, 65% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,033 a month in housing costs.

Median home value

Pence$115,000
Wisconsin$266,500
United States$332,700

Median monthly rent

Wisconsin$1,087
United States$1,413

Pence median household income

The median household income in Pence is $70,625 and the income per person is $32,643. 7.4% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Pence$70,625
Wisconsin$77,485
United States$80,734

Housing in Pence: homes for sale and rent

Housing units
91
Owner-occupied
92.5%
Renter-occupied
7.5%
Vacant
26.4%Includes seasonal homes
Median year built
1953
Average household size
2.22

Pence demographics

Population
149
Median age
48.9
Under 18
24.2%
65 and older
18.8%
Households
67
Foreign-born
0%
Veterans
8.8%Adults 18+

Race and ethnicity

White90.6%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Pence

9.5% of adults 25 and older in Pence have a bachelor's degree or higher (Wisconsin: 33.4%), and 4.8% have a graduate or professional degree.

Bachelor's degree or higher

Pence9.5%
Wisconsin33.4%
United States35.7%

Jobs and commute in Pence

Unemployment rate
5.3%State: 3.2%
Average commute
23 minState: 22 min
Work from home
0%
Drive alone
76.4%
Public transit
0%
Walk to work
2.8%
Homes with broadband
94%

Pence vs nearby towns

TownPopulationMedian incomeHome valueRent
Pence149$70,625$115,000—
Montreal909$66,364$97,800$585
Iron Belt140$57,969$65,400—
Hurley1,354$47,083$86,700$678
Ironwood4,997$41,250$83,100$622
Bessemer1,733$53,523$69,900$546
Ramsay312$54,643$67,700—
Birch Hill313$54,875$63,100$465
Wakefield1,683$55,759$79,100$649

More for people moving to Pence

Pence ZIP code ›Weather and climate ›

Living in Pence: FAQ

What is the median household income in Pence, WI?

The median household income in Pence is $70,625, 9% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Pence?

The median home value in Pence is $115,000, compared with $266,500 in Wisconsin.

Is Pence, WI a good place to live?

Pluses: home values 57% lower than the state median; a poverty rate of 7.4%. Minuses: median household income 9% lower than the Wisconsin median; an average commute of 23 minutes; unemployment of 5.3%.

What is the median age in Pence?

The median age in Pence is 48.9 years (Wisconsin: 40.2).

How long is the commute in Pence?

The average commute to work in Pence is 23 minutes; 0% of workers work from home.

What is the unemployment rate in Pence?

The unemployment rate in Pence is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Pence?

9.5% of adults in Pence 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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