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Penn Yan, New York Demographics & Population 2026

During the 2020–2024 ACS period, Penn Yan, New York had a total population of 4,714, the 374th largest village in New York, with a median household income of $60,190, which is 30% lower than the state average. The poverty rate is 12.8%.

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

Key Takeaways

Penn Yan Quick Facts

Population 4,714
Median Household Income $60,190
Median Home Value $152,700
Poverty Rate 12.8%
Unemployment Rate 1.6%
Median Age 48.5 years
Homeownership Rate 61.8%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 21.8%
High School Graduation Rate 91.0%
Diversity Index 19/100
Population 4,714 374th of 1,289
Median Income $60,190 bottom 30%
Poverty Rate 12.8% 3% higher than national
Median Home Value $152,700 bottom 30%

How Penn Yan 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
Population4,8004,714-1.8%
Median household income$51,466$60,190+17.0%
Median home value$143,000$152,700+6.8%

How Penn Yan Compares

Economy & Housing

Household Income Distribution

Under $25K 23.7%
$25K-$50K 21.2%
$50K-$100K 30.8%
$100K+ 24.3%
Detailed income brackets
Under $10K
3.8%
$10K-$15K
7.1%
$15K-$20K
7.1%
$20K-$25K
5.6%
$25K-$30K
3.5%
$30K-$35K
0.2%
$35K-$40K
8.9%
$40K-$45K
2.2%
$45K-$50K
6.4%
$50K-$60K
4.7%
$60K-$75K
14.0%
$75K-$100K
12.1%
$100K-$125K
8.8%
$125K-$150K
1.1%
$150K-$200K
9.9%
$200K+
4.4%

Employment

1.6% Unemployment Rate State: 6.4%|National: 5.2%
52.9% Labor Force Participation

Housing Overview

Owner 61.8%
Renter 38.2%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $663/mo 13.2% of median household income annually

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

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

State average: 65 | National average: 61

Education

Penn Yan Rankings in New York

#374 Population of 1,289
#950 Median Income of 1,219
#992 Education of 1,288
#937 Home Value of 1,232

Other Cities in Yates County

CityPopulationMedian IncomePovertyHome Value
Dundee 2,001 $44,583 21.7% $95,900
Keuka Park 1,121 $96,042 0.0% $272,700
Dresden 272 $70,729 25.0% $110,800

Cities Similar to Penn Yan

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Dansville4,653$57,329$118,60019.6%6.7%
Gates4,691$54,647$168,60034.7%21.4%
Saranac Lake4,965$61,967$199,90046.8%17.7%
Wellsville4,923$55,096$91,20025.8%19.9%
Manlius4,644$69,942$263,30054.4%8.4%

Population Overview

Penn Yan is a small community located in New York, within Yates County. The total population is 4,714. It ranks as the 374th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Penn Yan is 48.5 years. This is 22% higher than the state median of 39.8 years. 11.5% 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 Yan is $60,190. This is 30% lower than the state median of $85,974. It is also 25% lower than the national median of $80,734. The poverty rate stands at 12.8%. This is 8% lower than the state poverty rate of 14.0%. The unemployment rate is 1.6%. This is 76% lower than the state rate of 6.4%. The median home value is $152,700. Housing costs are 64% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.5x, Penn Yan is one of the most affordable housing markets in the area. 61.8% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 54.4%.

Race & Ethnicity

Penn Yan has a predominantly White (non-Hispanic) population, comprising 89.6% of all residents. Hispanic or Latino residents account for 7.7%. The White (non-Hispanic) population is significantly higher than the state average (89.6% vs 52.8%). The Black or African American population (2.0%) is well below the state average of 13.4%. The Hispanic or Latino population (7.7%) is well below the state average of 19.8%. The Asian population (0.7%) is well below the state average of 9.0%.

Education

21.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.0%.

Data Sources & Methodology

All demographic data for Penn Yan, New York 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 New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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 Yan, New York?

Penn Yan, New York has a population of 4,714 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Penn Yan, NY?

The median household income in Penn Yan is $60,190, which is 25% lower than the national median of $80,734.

What is the poverty rate in Penn Yan, NY?

The poverty rate in Penn Yan is 12.8%. This means approximately 568 residents live below the federal poverty line.

What is the racial makeup of Penn Yan, New York?

Penn Yan's population is 89.6% White, 2.0% Black, 7.7% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Penn Yan, NY?

The median home value in Penn Yan is $152,700. The home-value-to-income ratio is 2.5x.

How educated is Penn Yan, New York?

21.8% of adults (25+) in Penn Yan hold a bachelor's degree or higher, and 8.8% hold a graduate or professional degree.