Penicks Mill, VA
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Penicks Mill, VA: Quick Facts & Overview
- Population: 20,349 residents (15 people per sq. mi.)
- Average House Price: $242,197
- Average Household Income: $73,957
Penicks Mill, VA is located in the state of Virginia. It is home to about 20,349 people, with around 15 residents living in every square mile.
If you want to buy a house in Penicks Mill, the average price is around $242,197. That makes local housing 30% lower than the Virginia average of $344,811, and 22% lower than the national average of $308,592.
The average household in Penicks Mill earns about $73,957 a year. This income is 14% lower than the average family in Virginia ($85,511), and 6% lower than the national average ($78,686).
Population
20,349
Median Household Income
$73,957
Median Home Value
$242,197
Median Age
45.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $38,467 |
| Labor Force Participation | 57.3% |
| Unemployment Rate | 3.6% |
| Average Commute Time | 24.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 80.3% |
| Median Rent | $810 |
| Rent Burdened (>30% Income) | 27.0% |
| Total Housing Units | 8,213 |
Additional Census & Housing Profile
Geographic Overview
| County | Bedford |
| County FIPS | 51019 |
| Metro Area (CBSA) | Lynchburg, VA |
| Population Density | 15.0/sq mi |
| Coordinates (lat/lng) | 37.3882, -79.6145 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.98 |
| Dual Income Families | 48.5% |
Marital Status
| Married | 58.7% |
| Never Married | 23.0% |
| Divorced | 12.0% |
| Widowed | 6.3% |
Gender
| Male | 50.2% |
| Female | 49.8% |
Health & Poverty
| Uninsured Rate (Health) | 7.3% |
| Poverty Rate | 9.1% |
Key Population Groups
| Veterans | 8.7% |
| Disabled Population | 13.5% |
| Limited English Proficiency | 0.1% |
All ZIP Codes in Penicks Mill
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 24523 | 20,349 | $73,957 | $242,197 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Montvale, VA | 6.1 miles | 351 |
| Bedford, VA | 6.4 miles | 7,724 |
| Buchanan, VA | 10.1 miles | 1,367 |
| Blue Ridge, VA | 11.3 miles | 2,800 |
| Stewartsville, VA | 12.9 miles | 737 |
| Laymantown, VA | 13.2 miles | 1,626 |
| Moneta, VA | 13.8 miles | 395 |
| Troutville, VA | 14.6 miles | 475 |
| Cloverdale, VA | 16.1 miles | 3,208 |
| Fincastle, VA | 16.3 miles | 858 |
| Daleville, VA | 16.5 miles | 3,797 |
| Vinton, VA | 17 miles | 8,056 |
| Forest, VA | 18.2 miles | 13,430 |
| Hollins, VA | 18.9 miles | 17,097 |
| Westlake Corner, VA | 18.9 miles | 2,033 |
| Glasgow, VA | 19.2 miles | 1,330 |
| Roanoke, VA | 20.3 miles | 218,060 |
| Timberlake, VA | 20.7 miles | 12,725 |
| North Shore, VA | 21.5 miles | 3,638 |
| Lynchburg, VA | 23.3 miles | 126,860 |
| Cave Spring, VA | 24.3 miles | 25,742 |
| Salem, VA | 25.2 miles | 25,618 |
| Altavista, VA | 25.7 miles | 3,342 |
| Union Hall, VA | 25.7 miles | 1,445 |
| Boones Mill, VA | 26.4 miles | 228 |
| Hurt, VA | 26.5 miles | 1,361 |
| Motley, VA | 26.7 miles | 987 |
| Penhook, VA | 27.5 miles | 1,250 |
| Buena Vista, VA | 27.6 miles | 6,593 |
| Madison Heights, VA | 28.2 miles | 10,266 |
| New Castle, VA | 28.4 miles | 138 |
| Lexington, VA | 28.8 miles | 7,525 |
| Glenvar, VA | 29.1 miles | 829 |
| Rustburg, VA | 29.6 miles | 1,417 |
| Iron Gate, VA | 29.9 miles | 426 |
| Rocky Mount, VA | 30.4 miles | 4,950 |
| East Lexington, VA | 30.5 miles | 1,652 |
| Low Moor, VA | 31.4 miles | 430 |
| Selma, VA | 31.5 miles | 146 |
| Clifton Forge, VA | 32.2 miles | 3,447 |
| Henry Fork, VA | 32.3 miles | 805 |
| Mallow, VA | 32.7 miles | 537 |
| Gretna, VA | 33.3 miles | 1,452 |
| Amherst, VA | 33.7 miles | 1,865 |
| Covington, VA | 33.8 miles | 5,680 |
| Lafayette, VA | 34.2 miles | 628 |
| Concord, VA | 34.6 miles | 1,462 |
| Elliston, VA | 35.6 miles | 952 |
| Shawsville, VA | 38.2 miles | 1,411 |
| Ferrum, VA | 38.5 miles | 1,774 |
| Fairfield, VA | 38.7 miles | 566 |
| Callaghan, VA | 39 miles | 198 |
| Millboro, VA | 40.8 miles | 108 |
| Chatham, VA | 41.2 miles | 1,448 |
| Goshen, VA | 42 miles | 271 |
| Appomattox, VA | 43.3 miles | 2,084 |
| Brookneal, VA | 43.3 miles | 1,300 |
| Hot Springs, VA | 43.9 miles | 487 |
| Arrington, VA | 44.2 miles | 915 |
| Oak Level, VA | 44.8 miles | 563 |
| Blacksburg, VA | 46 miles | 70,313 |
| Christiansburg, VA | 46.6 miles | 22,720 |
| Merrimac, VA | 46.6 miles | 2,733 |
| White Sulphur Springs, WV | 47 miles | 2,549 |
| Stanleytown, VA | 47.8 miles | 1,386 |
| Bassett, VA | 47.9 miles | 1,031 |
| Shipman, VA | 48.3 miles | 472 |
| Lovingston, VA | 48.3 miles | 455 |
| Collinsville, VA | 48.9 miles | 7,139 |
| Laurel Park, VA | 49.4 miles | 553 |
| Greenville, VA | 49.5 miles | 1,183 |
| Prices Fork, VA | 49.5 miles | 900 |
| Blairs, VA | 49.6 miles | 1,062 |
| Craigsville, VA | 49.7 miles | 1,104 |
| Villa Heights, VA | 50.2 miles | 601 |
| Chatmoss, VA | 50.3 miles | 1,563 |
| Riner, VA | 50.6 miles | 1,038 |
| Martinsville, VA | 50.7 miles | 13,658 |
| Mount Hermon, VA | 50.7 miles | 4,155 |
| Fieldale, VA | 50.8 miles | 783 |
| Floyd, VA | 50.9 miles | 479 |
| Middlebrook, VA | 50.9 miles | 241 |