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Penhook, VA

Full City Profile · Virginia · Franklin County County

3.5 /5.0
B+ Good
1,253 Population 112/sq mi density
$99,176 Median Income $47,411 per capita
$476,500 Home Value $477,362 Zillow
56°F Avg Temperature 305 sunny days/yr
269 Violent Crime/100K 3,619 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$99,176 median income, 0.5% unemployment
B+
Affordability
4.0 / 5.0
$476,500 home value, /mo rent
F
Safety
1.0 / 5.0
269 violent crimes/100K
A
Education
4.2 / 5.0
40.3% bachelor's degree or higher

Income Overview

Median Household Income
$99,176
32% above
US avg: $75,149
Per Capita Income
$47,411
21% above
US avg: $39,052
Unemployment Rate
0.5%
86% below
US avg: 3.6%
Poverty Rate
8.1%
35% below
US avg: 12.4%

Income Comparison: Penhook vs. U.S. Average

Each bar shows Penhook’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$99,176
132%
Per Capita
US: $39,052
$47,411
121%
IRS Avg AGI
US: $72,000
$72,911
101%
Avg Weekly Wage
US: $1,432
$899
63%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$899
37% below US avg ($1,432)
Mean Commute Time
38 min
38% above US avg (28 min)
Work From Home
23.9%
57% above US avg (15.2%)
Drive Alone
60.4%
18% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,216M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 60.4%
Public Transit 0%
Work From Home 23.9%
Other 15.7%
Average commute time
38 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,617
Restaurants
84
Healthcare
90
Retail
184
Manufacturing
59

Tax & Financial

IRS Avg Adjusted Gross Income
$72,911
1% above US avg ($72,000)
Avg Property Tax
$3,752
7% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$99,176
Per Capita Income$47,411
IRS Avg Adjusted Gross Income$72,911
Avg Weekly Wage$899
County GDP$2,216M

Hardship Indicators

Unemployment Rate0.5%
Poverty Rate8.1%
Gini Coefficient0.469
Cost of Living Index101.1

Commute

Mean Commute38 minutes
Drive Alone60.4%
Public Transit0.0%
Work From Home23.9%

Businesses

Total Establishments1,617
Restaurants84
Healthcare90
Retail184
Manufacturing59

Tax

IRS Avg AGI$72,911
Avg Property Tax$3,752