Penfield, PA
Full City Profile · Pennsylvania · Elk County County
3.2
/5.0
B
Good
332
Population
246/sq mi density
$39,667
Median Income
$24,771 per capita
$76,100
Home Value
$170,261 Zillow
49°F
Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$39,667 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$76,100 home value, /mo rent
F
Education
1.3 / 5.0
3.8% bachelor's degree or higher
Housing Overview
Median Home Value
$76,100
73% below
US avg: $281,900
Homeownership Rate
93.7%
43% above US avg (65.4%)
Home Value by Source
Census Median
$76,100
Zillow (ZHVI)
$170,261
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
93.7%
Owner-Occupied
6.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Affordability & Housing Stock
Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Homeownership Rate
93.7%
Complete Housing Data
Home Values
| Census Median Value | $76,100 |
| Zillow Home Value (ZHVI) | $170,261 |
Rent
| FMR Studio | $900 |
| FMR 1-Bedroom | $996 |
| FMR 2-Bedroom | $1,225 |
| FMR 3-Bedroom | $1,570 |
| FMR 4-Bedroom | $1,744 |
Market
Ownership & Stock
| Owner-Occupied | 93.7% |
| Renter-Occupied | 6.3% |
| Homeownership Rate | 93.7% |
| Rent Burden | 27.7% |