Pennock, Minnesota Median Income

Pennock, Minnesota has a population of 490, with a median household income of $58,200.

Current median income data for Pennock.

$58,200

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Population

490

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Median Income

$58,200

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Unemployment

3.10%

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Housing Price

$165,000

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Crime Rate

4.80

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Internet Speed

200.00 Mbps

Pennock is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, 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.

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

Population Overview

Pennock has a population of 490, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Pennock is $58,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Pennock is about $165,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Pennock is 3.10%, which is lower than the state average, indicating a relatively strong job market. Pennock has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

Pennock continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Pennock

What is the population of Pennock?

The population of Pennock is approximately 490.

Is Pennock a good place to live?

Pennock 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 Pennock?

The median household income in Pennock is around $58,200.

How expensive is housing in Pennock?

The average housing price in Pennock is approximately $165,000.