Penny, KY
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Penny, KY: Quick Facts & Overview
- Population: 23,754 residents (97 people per sq. mi.)
- Average House Price: $159,497
- Average Household Income: $47,349
Penny, KY is located in the state of Kentucky. It is home to about 23,754 people, with around 97 residents living in every square mile.
If you want to buy a house in Penny, the average price is around $159,497. That makes local housing 8% lower than the Kentucky average of $172,980, and 48% lower than the national average of $308,592.
The average household in Penny earns about $47,349 a year. This income is 20% lower than the average family in Kentucky ($59,426), and 40% lower than the national average ($78,686).
Population
23,754
Median Household Income
$47,349
Median Home Value
$159,497
Median Age
39.5 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $26,701 |
| Labor Force Participation | 47.4% |
| Unemployment Rate | 5.5% |
| Average Commute Time | 18.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 63.3% |
| Median Rent | $907 |
| Rent Burdened (>30% Income) | 49.1% |
| Total Housing Units | 10,311 |
Additional Census & Housing Profile
Geographic Overview
| County | Pike |
| County FIPS | 21195 |
| Metro Area (CBSA) | Pikeville, KY |
| Population Density | 97.2/sq mi |
| Coordinates (lat/lng) | 37.3593, -82.5615 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.80 |
| Dual Income Families | 39.2% |
Marital Status
| Married | 48.7% |
| Never Married | 28.2% |
| Divorced | 16.4% |
| Widowed | 6.7% |
Gender
| Male | 48.9% |
| Female | 51.1% |
Health & Poverty
| Uninsured Rate (Health) | 4.3% |
| Poverty Rate | 26.3% |
Key Population Groups
| Veterans | 3.5% |
| Disabled Population | 27.1% |
| Limited English Proficiency | 0.8% |
All ZIP Codes in Penny
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 41501 | 23,754 | $47,349 | $159,497 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Virgie, KY | 2.2 miles | 424 |
| Pikeville, KY | 8.6 miles | 7,490 |
| Wheelwright, KY | 8.7 miles | 964 |
| McDowell, KY | 11.7 miles | 718 |
| McRoberts, KY | 11.7 miles | 556 |
| Elkhorn City, KY | 11.8 miles | 846 |
| Coal Run Village, KY | 12.3 miles | 1,724 |
| Jenkins, KY | 12.8 miles | 1,406 |
| Fleming-Neon, KY | 13.8 miles | 567 |
| Betsy Layne, KY | 13.9 miles | 557 |
| Wayland, KY | 14.5 miles | 316 |
| Clintwood, VA | 15.5 miles | 1,400 |
| Payne Gap, KY | 15.5 miles | 440 |
| Breaks, VA | 16.2 miles | 208 |
| Pound, VA | 16.3 miles | 913 |
| Millstone, KY | 17 miles | 317 |
| Pippa Passes, KY | 17.2 miles | 450 |
| Haysi, VA | 17.8 miles | 519 |
| Clinchco, VA | 17.9 miles | 268 |
| Martin, KY | 18 miles | 494 |
| Mayking, KY | 19.5 miles | 503 |
| Allen, KY | 19.7 miles | 157 |
| Big Rock, VA | 20.5 miles | 384 |
| Dwale, KY | 20.5 miles | 170 |
| Whitesburg, KY | 22 miles | 1,761 |
| Hindman, KY | 23.2 miles | 790 |
| Belfry, KY | 24.1 miles | 118 |
| Phelps, KY | 24.3 miles | 301 |
| Prestonsburg, KY | 25 miles | 3,765 |
| South Williamson, KY | 25.8 miles | 472 |
| Grundy, VA | 26.1 miles | 872 |
| Wise, VA | 26.5 miles | 2,916 |
| The University of Virginia's College at Wise, VA | 26.7 miles | 489 |
| Williamson, WV | 27 miles | 2,919 |
| Vansant, VA | 27 miles | 551 |
| Blackey, KY | 27.6 miles | 141 |
| McCarr, KY | 27.9 miles | 265 |
| Auxier, KY | 28.3 miles | 651 |
| Matewan, WV | 28.3 miles | 505 |
| Dunbar, VA | 28.5 miles | 115 |
| Chattaroy, WV | 28.7 miles | 467 |
| Coeburn, VA | 29.1 miles | 1,639 |
| Vicco, KY | 29.2 miles | 217 |
| Tacoma, VA | 29.3 miles | 131 |
| Norton, VA | 29.8 miles | 3,577 |
| Riverview, VA | 29.8 miles | 607 |
| Dante, VA | 30.1 miles | 591 |
| Van Lear, KY | 30.6 miles | 443 |
| Stonega, VA | 30.8 miles | 151 |
| Red Jacket, WV | 30.9 miles | 482 |
| Delbarton, WV | 31.5 miles | 333 |
| West Van Lear, KY | 32 miles | 1,155 |
| Jeff, KY | 33.4 miles | 309 |
| Appalachia, VA | 33.5 miles | 1,391 |
| Lynch, KY | 33.5 miles | 709 |
| St. Paul, VA | 34.1 miles | 963 |
| Warfield, KY | 34.2 miles | 297 |
| Paintsville, KY | 34.4 miles | 4,203 |
| Kermit, WV | 34.4 miles | 153 |
| Big Stone Gap East, VA | 34.7 miles | 567 |
| Diablock, KY | 34.7 miles | 315 |
| Benham, KY | 34.8 miles | 725 |
| Cumberland, KY | 35.2 miles | 2,037 |
| Inez, KY | 35.3 miles | 930 |
| East Stone Gap, VA | 35.5 miles | 683 |
| Hazard, KY | 35.7 miles | 5,008 |
| Big Stone Gap, VA | 36.3 miles | 5,162 |
| Castlewood, VA | 36.5 miles | 1,357 |
| Cleveland, VA | 36.5 miles | 369 |
| Dungannon, VA | 37 miles | 316 |
| Salyersville, KY | 38.4 miles | 1,708 |
| Crum, WV | 38.5 miles | 187 |
| Keokee, VA | 39.5 miles | 174 |
| Gilbert Creek, WV | 39.6 miles | 1,061 |
| Sarah Ann, WV | 39.6 miles | 473 |
| Honaker, VA | 40.4 miles | 1,188 |
| Omar, WV | 41.4 miles | 188 |
| Lebanon, VA | 41.5 miles | 3,116 |
| Holden, WV | 41.6 miles | 670 |
| Bradshaw, WV | 41.8 miles | 327 |
| Iaeger, WV | 41.8 miles | 253 |
| Gilbert, WV | 41.9 miles | 308 |
| Chauncey, WV | 42.3 miles | 198 |
| Raven, VA | 42.7 miles | 1,345 |
| Nickelsville, VA | 42.7 miles | 368 |
| Justice, WV | 43 miles | 186 |
| Switzer, WV | 43.2 miles | 140 |
| Raysal, WV | 43.4 miles | 162 |
| Verdunville, WV | 43.8 miles | 396 |
| Rossmore, WV | 43.8 miles | 152 |
| Bruno, WV | 44 miles | 638 |
| Monaville, WV | 44.3 miles | 502 |
| Mount Gay-Shamrock, WV | 45 miles | 1,166 |
| Greenville, WV | 45.2 miles | 317 |
| Earling, WV | 45.2 miles | 180 |
| Neibert, WV | 45.3 miles | 219 |
| Dryden, VA | 45.4 miles | 823 |
| Richlands, VA | 45.5 miles | 5,171 |
| Bartley, WV | 45.5 miles | 327 |
| Man, WV | 45.6 miles | 1,049 |