Penn Yan, NY
Population 4,800 · New York
About Penn Yan, NY
Penn Yan is a small community in New York with a population of 4,800 residents. The median household income is $51,466 per year, which is near the national average. The median age in Penn Yan is 44.6 years.
Housing in Penn Yan has a median home value of $143,000 and median monthly rent of $680. Of the 2,339 total housing units, the majority are owner-occupied, with 1,223 owner-occupied and 836 renter-occupied units.
The unemployment rate in Penn Yan is 2.5% and the poverty rate is 13.5%. 25.7% of residents hold a bachelor's degree or higher. The average commute time is 17.3 minutes.
Cost of Living in Penn Yan, NY
Compared to national averages, Penn Yan has a median household income of $51,466 (32% below the national median of $75,149). Home values average $143,000, which is 42% below the national median. Monthly rent at $680 is 42% below the US average of $1,163. Within New York, Penn Yan's income is 47% below the state average of $96,987, and home values are 63% below the state median of $387,181.
Why Live in Penn Yan, NY?
Penn Yan offers affordable housing with a median home value of $143,000, below the US average of $244,900, and rent that’s lower than the national average at $680/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features short commute times averaging just 17.3 minutes.
Potential considerations include median household income ($51,466) that falls below the national average. However, Penn Yan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Penn Yan has a population of 4,800 with a median age of 44.6 years. Compare Penn Yan with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Penn Yan
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Flower Hill | 4,793 | $250,001 | $1,849,800 | Compare |
| Searingtown | 4,786 | $215,817 | $1,073,000 | Compare |
| Wellsville | 4,846 | $51,005 | $88,100 | Compare |
| Chittenango | 4,855 | $66,053 | $179,200 | Compare |
| Albertson | 4,859 | $157,690 | $739,100 | Compare |
| Dansville | 4,731 | $57,500 | $105,800 | Compare |
| Hawthorne | 4,881 | $134,797 | $671,300 | Compare |
| West Elmira | 4,691 | $107,359 | $192,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Penn Yan
What is the population of Penn Yan, NY?
The population of Penn Yan, NY is 4,800 according to the latest Census data.
What is the median household income in Penn Yan?
The median household income in Penn Yan, NY is $51,466 per year.
What is the median home value in Penn Yan?
The median home value in Penn Yan, NY is $143,000.
What is the average rent in Penn Yan?
The median monthly rent in Penn Yan, NY is $680.
What is the unemployment rate in Penn Yan?
The unemployment rate in Penn Yan, NY is 2.5%.