Penryn, CA
Population 1,059 · California
About Penryn, CA
Penryn is a small town located in California with a population of 1,059 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,302 per year, which is 61% above the national median of $75,149. The median age of 57.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Penryn features a median home value of $731,300, which is 199% above the national median of $244,900. This places Penryn in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,331, 14% above the national average of $1,163/month. Of the 500 total housing units, 86% are owner-occupied (408 units) and 14% are renter-occupied (64 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Penryn shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Penryn have an average one-way commute time of 23.1 minutes.
Education & Demographics
40.1% of Penryn residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 5.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 6.3% of the population being foreign-born.
Cost of Living in Penryn, CA
Compared to national averages, Penryn has a median household income of $121,302 (61% above the national median of $75,149). Home values average $731,300, which is 199% above the national median. Monthly rent at $1,331 is 14% above the US average of $1,163. Within California, Penryn's income is 24% above the state average of $97,829, and home values are 12% above the state median of $653,874.
Why Live in Penryn, CA?
Penryn offers a strong local economy with a median household income of $121,302, well above the national average, and a well-educated community where 40.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.0%, better than the national average. Additionally, the city features short commute times averaging just 23.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $731,300. However, Penryn’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Penryn has a population of 1,059 with a median age of 57.3 years. Compare Penryn with other cities to see how it stacks up, or explore all cities in California.
Similar Cities Near Penryn
Cities in California with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mokelumne Hill | 1,049 | $86,480 | $365,700 | Compare |
| Diablo | 1,072 | $0 | $2,000,001 | Compare |
| El Macero | 1,045 | $219,821 | $1,307,200 | Compare |
| Chualar | 1,042 | $66,250 | $623,700 | Compare |
| Shandon | 1,042 | $91,389 | $432,700 | Compare |
| Fort Hunter Liggett | 1,038 | $0 | $0 | Compare |
| Glen Ellen | 1,084 | $213,261 | $1,402,800 | Compare |
| Junction City | 1,084 | $62,669 | $401,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in California
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Penryn With Other Cities
Frequently Asked Questions about Penryn
What is the population of Penryn, CA?
The population of Penryn, CA is 1,059 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in California.
What is the median household income in Penryn?
The median household income in Penryn, CA is $121,302 per year, which is 61% above the national median of $75,149.
What is the median home value in Penryn?
The median home value in Penryn, CA is $731,300, which is 199% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Penryn?
The median monthly rent in Penryn, CA is $1,331, which is 14% above the national average of $1,163/month.
What is the unemployment rate in Penryn?
The unemployment rate in Penryn, CA is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Penryn, CA a good place to live?
Penryn offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,059 and a median age of 57.3, the city appeals to established professionals and retirees.
How educated is Penryn, CA?
40.1% of residents in Penryn aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Penryn?
Key cost-of-living indicators for Penryn, CA: median home value is $731,300 (199% above national), median rent is $1,331/month, and median household income is $121,302. The home-value-to-income ratio is 6.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Penryn?
The poverty rate in Penryn, CA is 2.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Penryn, CA?
Penryn's population is 5.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 6.3% of residents are foreign-born.