Penfield, PA
Population 332 · Pennsylvania
About Penfield, PA
Penfield is a small community located in Pennsylvania with a population of 332 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,667 per year, which is 47% below the national median of $75,149. The median age of 50 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 Penfield features a median home value of $76,100, which is 69% below the national median of $244,900. This makes Penfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 155 total housing units, 94% are owner-occupied (133 units) and 6% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Penfield shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 5.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Penfield have an average one-way commute time of 23.5 minutes.
Education & Demographics
3.8% of Penfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Penfield, PA
Compared to national averages, Penfield has a median household income of $39,667 (47% below the national median of $75,149). Home values average $76,100, which is 69% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Penfield's income is 46% below the state average of $73,376, and home values are 60% below the state median of $190,903.
Why Live in Penfield, PA?
Penfield offers affordable housing with a median home value of $76,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 5.7%, better than the national average. Additionally, the city features short commute times averaging just 23.5 minutes.
Potential considerations include median household income ($39,667) that falls below the national average. However, Penfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Penfield has a population of 332 with a median age of 50 years. Compare Penfield with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Penfield
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rosebud | 333 | $60,521 | $78,900 | Compare |
| East Altoona | 334 | $52,813 | $0 | Compare |
| Defiance | 335 | $87,986 | $89,500 | Compare |
| Applewold | 328 | $50,536 | $190,000 | Compare |
| East Smithfield | 336 | $80,938 | $200,000 | Compare |
| Hickory Hills | 328 | $49,125 | $119,400 | Compare |
| Little Britain | 336 | $0 | $358,100 | Compare |
| Luthersburg | 328 | $57,667 | $126,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Penfield
What is the population of Penfield, PA?
The population of Penfield, PA is 332 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Penfield?
The median household income in Penfield, PA is $39,667 per year, which is 47% below the national median of $75,149.
What is the median home value in Penfield?
The median home value in Penfield, PA is $76,100, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Penfield?
The median monthly rent in Penfield, PA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Penfield?
The unemployment rate in Penfield, PA is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Penfield, PA a good place to live?
Penfield offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 332 and a median age of 50, the city appeals to established professionals and retirees.
How educated is Penfield, PA?
3.8% of residents in Penfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Penfield?
Key cost-of-living indicators for Penfield, PA: median home value is $76,100 (69% below national), median rent is $0/month, and median household income is $39,667. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Penfield?
The poverty rate in Penfield, PA is 5.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Penfield, PA?
Penfield's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.3% two or more races. 0.3% of residents are foreign-born.