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Penn Valley, California Demographics & Population 2026

During the 2020–2024 ACS period, Penn Valley, California had a total population of 1,678, the 932nd largest community in California, with a median household income of $64,737, which is 35% lower than the state average. The poverty rate is 9.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Penn Valley Quick Facts

Population 1,678
Median Household Income $64,737
Median Home Value $500,700
Poverty Rate 9.3%
Unemployment Rate 0.0%
Median Age 43.8 years
Homeownership Rate 73.4%
Affordability Ratio 7.7x
Bachelor's Degree or Higher 18.1%
High School Graduation Rate 92.3%
Diversity Index 39/100
Population 1,678 932nd of 1,570
Median Income $64,737 bottom 30%
Poverty Rate 9.3% 25% lower than national
Median Home Value $500,700 average

How Penn Valley Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,1971,678+40.2%
Median household income$62,966$64,737+2.8%
Median home value$530,100$500,700-5.5%

How Penn Valley Compares

Economy & Housing

Household Income Distribution

Under $25K 9.2%
$25K-$50K 28.0%
$50K-$100K 23.1%
$100K+ 39.7%
Detailed income brackets
Under $10K
9.2%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
8.5%
$30K-$35K
8.0%
$35K-$40K
3.7%
$40K-$45K
7.7%
$45K-$50K
0.0%
$50K-$60K
5.2%
$60K-$75K
10.9%
$75K-$100K
7.0%
$100K-$125K
15.5%
$125K-$150K
0.0%
$150K-$200K
12.3%
$200K+
11.9%

Employment

0.0% Unemployment Rate State: 6.6%|National: 5.2%
52.2% Labor Force Participation

Housing Overview

Owner 73.4%
Renter 26.6%
Affordability Index Very Expensive
7.7x home value to income ratio
Median gross rent $1,230/mo 22.8% of median household income annually

People & Demographics

Diversity Index

39out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 70 | National average: 61

Education

Penn Valley Rankings in California

#932 Population of 1,570
#1044 Median Income of 1,375
#1012 Education of 1,570
#747 Home Value of 1,376

Other Cities in Nevada County

CityPopulationMedian IncomePovertyHome Value
Truckee 17,066 $130,462 8.9% $947,900
Grass Valley 14,113 $51,764 22.1% $482,200
Alta Sierra (Nevada County) 7,361 $105,603 6.3% $563,700
Lake of the Pines 5,461 $121,682 8.5% $664,300
Lake Wildwood 4,792 $85,771 8.2% $551,800
Nevada City 3,172 $75,792 8.9% $677,400
Rough and Ready 736 $102,725 1.2% $691,500
North San Juan 179 N/A 50.8% $549,600
Soda Springs 150 N/A 15.3% $840,000
Washington 129 N/A 23.3% $323,900

Cities Similar to Penn Valley

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Terra Bella1,659$62,530$236,5003.7%17.0%
Searles Valley1,713$62,500$80,80014.5%24.3%
Warm Springs1,673$70,341$329,1008.6%24.0%
Temelec1,628$67,582$679,80057.8%5.5%
Big Pine1,615$67,583$307,60022.6%9.1%

Population Overview

Penn Valley is a small community located in California, within Nevada County. The total population is 1,678. It ranks as the 932nd most populous out of 1,570 Census-designated places in California.

Age Demographics

The median age in Penn Valley is 43.8 years. This is 16% higher than the state median of 37.9 years. 13.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Penn Valley is $64,737. This is 35% lower than the state median of $99,122. It is also 20% lower than the national median of $80,734. The poverty rate stands at 9.3%. This is 23% lower than the state poverty rate of 12.0%. The survey records no unemployed residents in Penn Valley, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $500,700. Housing costs are 32% lower than the state median of $734,700. The home-value-to-income ratio of 7.7x suggests that housing affordability is a significant concern for many residents. 73.4% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 55.9%.

Race & Ethnicity

The largest racial or ethnic group in Penn Valley is White (non-Hispanic), making up 75.9% of the population. Hispanic or Latino residents account for 16.2%. The White (non-Hispanic) population is significantly higher than the state average (75.9% vs 33.8%). The Hispanic or Latino population (16.2%) is well below the state average of 40.2%.

Education

18.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 51% lower than the state rate of 37.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.3%.

Data Sources & Methodology

All demographic data for Penn Valley, California is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against California state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,570 Census-designated places in California. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Penn Valley, California?

Penn Valley, California has a population of 1,678 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Penn Valley, CA?

The median household income in Penn Valley is $64,737, which is 20% lower than the national median of $80,734.

What is the poverty rate in Penn Valley, CA?

The poverty rate in Penn Valley is 9.3%. This means approximately 156 residents live below the federal poverty line.

What is the racial makeup of Penn Valley, California?

Penn Valley's population is 75.9% White, 0.0% Black, 16.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Penn Valley, CA?

The median home value in Penn Valley is $500,700. The home-value-to-income ratio is 7.7x.

How educated is Penn Valley, California?

18.1% of adults (25+) in Penn Valley hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.