Pennville town, Indiana Demographics & Population 2026
As of 2026, Pennville town, Indiana has a total population of 666, the 445th largest city in Indiana, with a median household income of $36,607, which is 48% lower than the state average. The poverty rate is 25.6%.
Key Takeaways
- Household income is 48% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (25.6%), well above the national average of 12.4%.
- Only 5.3% of adults have a bachelor's degree, well below the national average of 35.0%.
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
Pennville town Quick Facts
How Pennville town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Pennville town Rankings in Indiana
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Cities Similar to Pennville town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mecca town | 670 | $42,917 | $57,000 | 5.7% | 19.9% |
| Campbellsburg town | 646 | $41,313 | $112,500 | 3.3% | 35.4% |
| Mount Summit town | 742 | N/A | $211,000 | 18.5% | 8.8% |
| West Baden Springs town | 608 | $38,750 | $120,500 | 9.0% | 17.7% |
| Pleasant View CDP | 590 | N/A | $277,800 | 39.3% | 6.1% |
Population Overview
Pennville town is a small community located in Indiana. The total population is 666. It ranks as the 445th most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Pennville town is 39.1 years. This is 3% higher than the state median of 38.0 years.
Economy, Income & Housing
The median household income in Pennville town is $36,607. This is 48% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 53% lower. The poverty rate stands at 25.6%. This is 110% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.1%. This is 5% lower than the state rate of 4.3%. The median home value is $75,000. Housing costs are 63% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.0x, Pennville town is one of the most affordable housing markets in the area. 63.7% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 70.3%.
Race & Ethnicity
The largest racial or ethnic group in Pennville town is White (non-Hispanic), making up 80.3% of the population. Hispanic or Latino residents account for 5.6%.
Education
5.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 82% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.3%.
Data Sources & Methodology
All demographic data for Pennville town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Pennville town, Indiana?
Pennville town, Indiana has a population of 666 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Pennville town, IN?
The median household income in Pennville town is $36,607, which is 53% lower the national median of $78,538.
What is the poverty rate in Pennville town, IN?
The poverty rate in Pennville town is 25.6%. This means approximately 166 residents live below the federal poverty line.
What is the racial makeup of Pennville town, Indiana?
Pennville town's population is 80.3% White, 0.0% Black, 5.6% Hispanic/Latino, and 1.5% Asian.
What is the median home value in Pennville town, IN?
The median home value in Pennville town is $75,000. The home-value-to-income ratio is 2.0x.
How educated is Pennville town, Indiana?
5.3% of adults (25+) in Pennville town hold a bachelor's degree or higher, and 3.9% hold a graduate or professional degree.