Penhook, Virginia Population

Penhook, Virginia has a population of 841, with a median household income of $62,218.

Current population data for Penhook.

841

👥

Population

841

💰

Median Income

$62,218

📉

Unemployment

4.00%

🏠

Housing Price

$301,400

🚨

Crime Rate

4.90

🌐

Internet Speed

121.70 Mbps

Penhook is a small local community located in Virginia. The city has a population that is below the average city population in Virginia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Penhook, located in Virginia, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Penhook has a population of 841, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Penhook is $62,218, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Penhook is about $301,400, making it relatively affordable compared to many cities in Virginia.

Employment and Safety

The unemployment rate in Penhook is 4.00%, which is lower than the state average, indicating a relatively strong job market. Penhook has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Virginia, Penhook shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Penhook offers a balanced mix of economic conditions, population trends, and housing opportunities within Virginia.

Frequently Asked Questions about Penhook

What is the population of Penhook?

The population of Penhook is approximately 841.

Is Penhook a good place to live?

Penhook offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Penhook?

The median household income in Penhook is around $62,218.

How expensive is housing in Penhook?

The average housing price in Penhook is approximately $301,400.