Penhook, VA
Population 1,253 · Virginia
About Penhook, VA
Penhook is a small community in Virginia with a population of 1,253 residents. The median household income is $99,176 per year, which is above the national average. The median age in Penhook is 48 years.
Housing in Penhook has a median home value of $476,500 and median monthly rent of $0. Of the 827 total housing units, the majority are owner-occupied, with 389 owner-occupied and 66 renter-occupied units.
The unemployment rate in Penhook is 1.0% and the poverty rate is 6.1%. 40.3% of residents hold a bachelor's degree or higher. The average commute time is 38 minutes.
How Penhook Ranks in Virginia
Cost of Living in Penhook, VA
Compared to national averages, Penhook has a median household income of $99,176 (32% above the national median of $75,149). Home values average $476,500, which is 95% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Penhook's income is 13% above the state average of $87,957, and home values are 45% above the state median of $327,514.
Why Live in Penhook, VA?
Penhook offers a strong local economy with a median household income of $99,176, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a well-educated community where 40.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $476,500. However, Penhook’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Penhook has a population of 1,253 with a median age of 48 years. Compare Penhook with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Penhook
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Glasgow | 1,253 | $50,625 | $117,100 | Compare |
| Harriston | 1,252 | $91,625 | $149,100 | Compare |
| Bracey | 1,243 | $68,333 | $191,100 | Compare |
| Buchanan | 1,271 | $52,474 | $201,900 | Compare |
| Brookneal | 1,275 | $45,909 | $115,000 | Compare |
| Gretna | 1,275 | $36,023 | $140,900 | Compare |
| Rustburg | 1,276 | $70,771 | $238,900 | Compare |
| Cape Charles | 1,278 | $51,250 | $589,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Penhook With Other Cities
Frequently Asked Questions about Penhook
What is the population of Penhook, VA?
The population of Penhook, VA is 1,253 according to the latest Census data.
What is the median household income in Penhook?
The median household income in Penhook, VA is $99,176 per year.
What is the median home value in Penhook?
The median home value in Penhook, VA is $476,500.
What is the average rent in Penhook?
The median monthly rent in Penhook, VA is $0.
What is the unemployment rate in Penhook?
The unemployment rate in Penhook, VA is 1.0%.