At a Glance
Median Income
$99,176
$47,411 per capita
Home Value
$476,500
Zillow: $501,810
Bachelor's Degree+
40.3%
94.7% high school+
Unemployment
1.0%
8.1% poverty rate
Obesity Rate
33.6%
13.5% smoking rate
How Penhook Compares to the U.S. Average
Each bar shows Penhook's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Penhook a Good Place to Live?
A
4.3 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Penhook residents earn a median household income of $99,176 , which is 32% above the national average of $75,149.
Per capita income is $47,411. The unemployment rate stands at 1.0% (72% below the U.S. rate of 3.6%). 8.1% of residents live below the poverty line. The area is home to 1,617 business establishments, including 84 restaurants.
Housing & Cost of Living
The median home value in Penhook is $476,500 , 69% above the national median of $281,900.
Zillow estimates the typical home at $501,810. The cost of living index is 101.1 (100 = national average). The median home was built in 1992.
Education
40.3% of adults in Penhook hold a bachelor's degree or higher
(20% above the national average).
94.7% have completed high school. Local schools score 4.6/10 in standardized testing.
Climate & Weather
Penhook has an average annual temperature of 56°F (13°C).
Winters average 37°F in January while summers reach 76°F in July. Annual precipitation totals 43.7 inches.
Data Overview
People
Population1,253
Median Age48.0 yrs
Density112/mi²
Male / Female45% / 55%
Foreign Born10.4%
Veterans10.5%
Economy
A+
Median Income$99,176
Per Capita$47,411
Unemployment1.0%
Poverty8.1%
County GDP$2,216M
Avg Weekly Wage$899
Housing
B+
Home Value$476,500
Rent
Ownership85.5%
Zillow$501,810
Housing Units895
Rent Burden30.7%
Health
Obesity33.6%
Diabetes10.3%
Smoking13.5%
Heart Disease5.4%
Premature Death10,174/100K
Climate
Avg Temp56°F
Rain43.7 in/yr
Elevation889 ft
Education
A
Bachelor's+40.3%
High School+94.7%
Graduate+14.1%
School Score4.6/10
Community
2024 VoteR 72% / D 27%
Commute38 min
Broadband100.0%
Internet Speed82 Mbps
EV Stations2
Libraries3
Did You Know?
The median home in Penhook was built in 1992.
23.9% work from home.
The nearest airport is Roanoke/Blacksburg Regional (Woodrum Field) (30 miles).
The Gini coefficient (income inequality) is 0.469 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
9.7% of the population has a disability.
10.4% of residents are foreign-born.
The county recorded 14 fatal vehicle crashes.
91 declared natural disasters on record.