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Penelope town, Texas Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

As of 2026, Penelope town, Texas has a total population of 223, the 1525th largest city in Texas, with a median household income of $65,938, which is 14% lower than the state average. The poverty rate is 5.4%.

Key Takeaways

Penelope town Quick Facts

Population 223
Median Household Income $65,938
Median Home Value $96,300
Poverty Rate 5.4%
Unemployment Rate 3.1%
Median Age 42.7 years
Homeownership Rate 95.5%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 18.8%
High School Graduation Rate 74.7%
Diversity Index 48/100
Population 223 1525th of 1,800
Median Income $65,938 average
Poverty Rate 5.4% 57% lower national
Median Home Value $96,300 bottom 30%

How Penelope town Compares

Economy & Housing

Employment

3.1% Unemployment Rate State: 5.1% | National: 5.2%
59.2% Labor Force Participation

Housing Overview

Owner 95.5%
Renter 4.5%
Affordability Index Very Affordable
1.5x home value to income ratio

People & Demographics

Diversity Index

48out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 60

Education

Penelope town Rankings in Texas

#1525 Population of 1,800
#704 Median Income of 1,800
#771 Education of 1,800
#1177 Home Value of 1,800

Cities Similar to Penelope town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Yancey CDP221N/AN/A0.0%0.0%
Goodlow city226N/A$79,0008.4%30.1%
Ranchette Estates CDP220N/AN/A0.0%0.0%
Navarro town228N/A$98,0005.8%23.7%
Villa Verde CDP228N/AN/A9.5%21.1%

Population Overview

Penelope town is a small community located in Texas. The total population is 223. It ranks as the 1525th most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Penelope town is 42.7 years. This is 20% higher than the state median of 35.5 years. With 28.2% of the population under 18, Penelope town has a notably young demographic profile, suggesting a family-oriented community. 12.6% 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 Penelope town is $65,938. This is 14% lower than the state median of $76,292. Compared to the national median of $78,538, household income here is 16% lower. The poverty rate stands at 5.4%. This is 61% lower than the state poverty rate of 13.8%. The unemployment rate is 3.1%. This is 40% lower than the state rate of 5.1%. The median home value is $96,300. Housing costs are 63% lower than the state median of $260,400. With a home-value-to-income ratio of just 1.5x, Penelope town is one of the most affordable housing markets in the area. 95.5% of occupied housing units are owner-occupied. This homeownership rate is 53% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Penelope town is White (non-Hispanic), making up 64.1% of the population. Hispanic or Latino residents account for 32.7%. The White (non-Hispanic) population is significantly higher than the state average (64.1% vs 39.9%). The Asian population (0.9%) is well below the state average of 5.3%.

Education

18.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 33.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 74.7%.

Data Sources & Methodology

All demographic data for Penelope town, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,800 Census-designated places in Texas. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Penelope town, Texas?

Penelope town, Texas has a population of 223 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Penelope town, TX?

The median household income in Penelope town is $65,938, which is 16% lower the national median of $78,538.

What is the poverty rate in Penelope town, TX?

The poverty rate in Penelope town is 5.4%. This means approximately 12 residents live below the federal poverty line.

What is the racial makeup of Penelope town, Texas?

Penelope town's population is 64.1% White, 0.0% Black, 32.7% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Penelope town, TX?

The median home value in Penelope town is $96,300. The home-value-to-income ratio is 1.5x.

How educated is Penelope town, Texas?

18.8% of adults (25+) in Penelope town hold a bachelor's degree or higher, and 2.6% hold a graduate or professional degree.