Median Income
$98,000
30% higher than US avg
Home Value
$300,000
6% higher than US avg
Bachelor's+
7.0%
79% lower than US avg
Median Rent
$1,290
11% higher than US avg
Unemployment
11.4%
217% higher than US avg
Poverty Rate
6.7%
46% lower than US avg
How Penhold Compares to the U.S. Average (100% = U.S. avg)
People
Population3,484
Median Age34.4 yrs
Density806/mi²
Male / Female51% / 50%
Largest GroupWhite 97%
Economy
B+
Median Income$98,000
Per Capita$58,250
Unemployment11.4%
Poverty6.7%
Commute25 min
Housing
A+
Home Value$300,000
Rent$1,290
OwnershipN/A
Housing Units1,325
Rent Burden17.4%
Climate
Avg TempN/A
AQIN/A
Elevation2,949 ft
Education
D
Bachelor's+7.0%
High School+35.1%
Graduate+2.1%
Is Penhold a Good Place to Live?
Based on current data, Penhold receives an overall livability score of 3.4 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include above-average unemployment. Penhold offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Penhold is $98,000, 30% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 11.4%, unemployment is notably high. Only 6.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 25 minutes.
Cost of Living & Housing
The median home value in Penhold is $300,000, roughly aligned with the national median of $281,900. Renters pay a median of $1,290 per month. A price-to-income ratio of 3.1x indicates a reasonably affordable housing market.
Education
7.0% of residents hold a bachelor's degree, below the national average of 33.7%. 35.1% have completed high school.
Penhold has a population of 3,484 with a density of 806 people per square mile. The median age is 34.4 years, 12% younger than the national median of 38.9. The city is predominantly White (96.7%), with 2.3% Asian.
Population
3,484
Total Population
2021 Census
34.4yrs
Median Age
12% below US avg
Language Spoken at Home
| English Only | 94.1% |
| 20% above US avg |
| Spanish | 1.0% |
| 93% below US avg |
| Other Languages | 4.9% |
The median household income in Penhold is $98,000, which is 30% above the national average of $75,149. The unemployment rate is 11.4% (above the 3.6% US average). 6.7% of residents live below the poverty line. Workers commute an average of 25 minutes.
Income
| Median HH Income | $98,000 |
| 30% above US avg |
| Per Capita Income | $58,250 |
Employment & Poverty
| Unemployment | 11.4% |
| 217% above US avg |
| Poverty Rate | 6.7% |
| 46% below US avg |
Commute & Transportation
| Commute Time | 25.2 min |
| Drive Alone | 92.7% |
| Public Transit | 0.0% |
| Work from Home | 10.1% |
The median home value in Penhold is $300,000, 6% above the national average. Monthly rent averages $1,290 (11% above US avg).
Home Values
| Census Median | $300,000 |
| 6% above US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,290 |
| 11% above US avg |
| Rent Burden | 17.4% |
Ownership & Property
| Owner-Occupied | 80.0% |
| Renter-Occupied | 20.0% |
| Housing Units | 1,325 |
Property Tax
Health Metrics: Penhold vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Penhold vs U.S. Average (per 100,000)
Geography
| Elevation | 2,949 ft (899 m) |
| Area | 4.3 sq mi (11.2 km²) |
| Population Density | 806/sq mi |
| Coordinates | 52.1334°N, 113.8687°W |
| Timezone | America/Edmonton |