Penelope, TX
Population 223 · Texas
About Penelope, TX
Penelope is a small community in Texas with a population of 223 residents. The median household income is $65,938 per year, which is near the national average. The median age in Penelope is 42.7 years.
Housing in Penelope has a median home value of $96,300 and median monthly rent of $0. Of the 105 total housing units, the majority are owner-occupied, with 85 owner-occupied and 4 renter-occupied units.
The unemployment rate in Penelope is 3.1% and the poverty rate is 5.4%. 18.8% of residents hold a bachelor's degree or higher. The average commute time is 19.6 minutes.
Cost of Living in Penelope, TX
Compared to national averages, Penelope has a median household income of $65,938 (12% below the national median of $75,149). Home values average $96,300, which is 61% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Penelope's income is 9% below the state average of $72,726, and home values are 55% below the state median of $211,769.
Why Live in Penelope, TX?
Penelope offers affordable housing with a median home value of $96,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a low poverty rate of 5.4%, better than the national average, and short commute times averaging just 19.6 minutes.
Potential considerations include median household income ($65,938) that falls below the national average. However, Penelope’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Penelope has a population of 223 with a median age of 42.7 years. Compare Penelope with other cities to see how it stacks up, or explore all cities in Texas.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Penelope
What is the population of Penelope, TX?
The population of Penelope, TX is 223 according to the latest Census data.
What is the median household income in Penelope?
The median household income in Penelope, TX is $65,938 per year.
What is the median home value in Penelope?
The median home value in Penelope, TX is $96,300.
What is the average rent in Penelope?
The median monthly rent in Penelope, TX is $0.
What is the unemployment rate in Penelope?
The unemployment rate in Penelope, TX is 3.1%.