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Pennville, IN
Full City Profile · Indiana · Jay County County
2.6
/5.0
C+
Fair
666
Population
1,332/sq mi density
$36,607
Median Income
$19,444 per capita
$75,000
Home Value
$166,556 Zillow
$675
Median Rent
24.5% income on rent
51°F
Avg Temperature
275 sunny days/yr
127
Violent Crime/100K
2,661 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$36,607 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$75,000 home value, $675/mo rent
F
Safety
1.0 / 5.0
127 violent crimes/100K
F
Education
1.4 / 5.0
5.3% bachelor's degree or higher
Housing Overview
Median Home Value
$75,000
73% below
US avg: $281,900
Median Rent
$675/mo
42% below
US avg: $1,163/mo
Homeownership Rate
63.7%
3% below US avg (65.4%)
Total Housing Units
343
Median year built: 1956
Home Value by Source
Census Median
$75,000
Zillow (ZHVI)
$166,556
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.7%
Owner-Occupied
36.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$675/mo
Affordability & Housing Stock
Rent Burden
24.5%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
63.7%
Complete Housing Data
Home Values
| Census Median Value | $75,000 |
| Zillow Home Value (ZHVI) | $166,556 |
Rent
| Census Median Rent | $675 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 63.7% |
| Renter-Occupied | 36.3% |
| Homeownership Rate | 63.7% |
| Total Housing Units | 343 |
| Median Year Built | 1956 |
| Rent Burden | 24.5% |