Pennville, IN
Population 666 · Indiana
About Pennville, IN
Pennville is a small community in Indiana with a population of 666 residents. The median household income is $36,607 per year, which is below the national average. The median age in Pennville is 39.1 years.
Housing in Pennville has a median home value of $75,000 and median monthly rent of $675. Of the 312 total housing units, the majority are owner-occupied, with 179 owner-occupied and 102 renter-occupied units.
The unemployment rate in Pennville is 4.1% and the poverty rate is 25.6%. 5.3% of residents hold a bachelor's degree or higher. The average commute time is 32 minutes.
Cost of Living in Pennville, IN
Compared to national averages, Pennville has a median household income of $36,607 (51% below the national median of $75,149). Home values average $75,000, which is 69% below the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Indiana, Pennville's income is 47% below the state average of $69,330, and home values are 54% below the state median of $163,409.
Why Live in Pennville, IN?
Pennville offers affordable housing with a median home value of $75,000, below the US average of $244,900, and rent that’s lower than the national average at $675/month.
Potential considerations include median household income ($36,607) that falls below the national average. However, Pennville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pennville has a population of 666 with a median age of 39.1 years. Compare Pennville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Pennville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cynthiana | 663 | $75,625 | $115,600 | Compare |
| Lakeville | 669 | $55,179 | $122,300 | Compare |
| Sharpsville | 663 | $90,978 | $117,800 | Compare |
| Mecca | 670 | $42,917 | $57,000 | Compare |
| Lake of the Woods | 658 | $64,375 | $189,600 | Compare |
| Reynolds | 655 | $55,625 | $105,900 | Compare |
| Camden | 651 | $53,977 | $98,700 | Compare |
| Dana | 650 | $53,005 | $53,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Pennville
What is the population of Pennville, IN?
The population of Pennville, IN is 666 according to the latest Census data.
What is the median household income in Pennville?
The median household income in Pennville, IN is $36,607 per year.
What is the median home value in Pennville?
The median home value in Pennville, IN is $75,000.
What is the average rent in Pennville?
The median monthly rent in Pennville, IN is $675.
What is the unemployment rate in Pennville?
The unemployment rate in Pennville, IN is 4.1%.