Housing data for Penney Farms, FL
Penney Farms, FL has an estimated 642 residents and 348 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Clay County.
84.7% of households rent.
The median gross rent is $1,946 a month.
Figures last updated on .
- Residents
- 642 (±156)
- Housing units
- 348 (±102)
- Households that rent
- 84.7%
- Median gross rent
- $1,946
- Residents since 2015–2019
- −6.0%
What stands out in Penney Farms
Households that rent: 84.7% (±11.1 points) in Penney Farms, higher than in Clay County (24.1%).
Homes built before 1980: 76.8% (±20.1 points) in Penney Farms, higher than in Clay County (22.1%).
Renters paying 30% or more of income: 75.5% (±15.3 points) in Penney Farms, higher than in Clay County (49.9%).
Median household income: $52,500 (±$11,118) in Penney Farms, lower than in Clay County ($87,820).
- Renters and owners in Penney Farms
- Age of homes in Penney Farms
- Rent burden in Penney Farms
- Income and affordability in Penney Farms
Housing in Penney Farms at a glance
- Median rent: $1,946 median gross rent a month
- Rent by bedrooms: $2,164 median gross rent, 2 bedrooms
- Rent burden: 75.5% of renters pay 30% or more of income
- Renters and owners: 84.7% of households rent
- Income and affordability: $52,500 median household income
- Home values: $230,800 median home value (Small sample: wide margin of error)
- Property taxes: $1,625 median real estate taxes a year (Small sample: wide margin of error)
- Types of homes: 21.9% of homes are in buildings of 5 or more units
- Bedrooms: 21.3% of homes have 3 or more bedrooms
- Age of homes: 76.8% of homes were built before 1980
- Vacancy rate: 2.7% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 94.0% heat with electricity
- Growth: −6.0% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 25.3% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $1,830 Small Area FMR, 2 bedrooms (ZIP 32079)
Penney Farms against Clay County, its state and the nation
| Penney Farms | Clay County | Florida | United States | |
|---|---|---|---|---|
| Residents | 642 (±156) | 227,584 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 348 (±102) | 88,969 (±71) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 84.7% (±11.1 points) | 24.1% (±1.3 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,946 (±$198) | $1,551 (±$62) | $1,669 (±$5) | $1,413 |
| Median household income | $52,500 (±$11,118) | $87,820 (±$2,783) | $74,568 (±$284) | $80,734 |
| Median home value | $230,800 (±$140,149) | $312,500 (±$7,375) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $1,625 (±$1,149) | $2,241 (±$92) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 76.8% (±20.1 points) | 22.1% (±1.3 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | — | 31.3 minutes (±0.8) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 84.3% (±10.6 points) | 94.6% (±0.8 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 81.1 years (±3.0) | 40.4 years (±0.3) | 42.6 years (±0.1) | 38.9 years |
Penney Farms covers 1.5 square miles of land, about 440 residents per square mile (Census Bureau Gazetteer).
How Penney Farms has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 683 (±225) | 642 (±156) | −6.0% | Not a measurable change |
| Housing units | 403 (±109) | 348 (±102) | −13.6% | Not a measurable change |
| Median gross rent | $1,427 (±$107) | $1,946 (±$198) | +36.4% | No measurable change after inflation |
| Median household income | $52,188 (±$12,976) | $52,500 (±$11,118) | +0.6% | No measurable change after inflation |
| Households that rent | 88.3% (±7.3 points) | 84.7% (±11.1 points) | −3.6 percentage points | Not a measurable change |
| Rental vacancy rate | 2.3% (±3.8 points) | 2.7% (±4.2 points) | +0.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Clay County
Penney Farms has no police department of its own in the FBI’s figures, so this is the figure for Clay County as a whole.
In 2025, the police departments that report for Clay County recorded 245 violent and 684 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Penney Farms
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 32079 | 100% | 419 | $1,837 | — | $41,094 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Penney Farms
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Asbury Lake | 4.9 mi | $2,172 | $329,600 | 10.7% |
| Middleburg | 7.2 mi | $1,093 | $254,600 | 12.8% |
| Green Cove Springs | 7.8 mi | $1,114 | $371,000 | 35.0% |
| Fleming Island | 10 mi | $1,935 | $422,400 | 14.7% |
| Lakeside | 11 mi | $1,479 | $273,900 | 31.1% |
| Oakleaf Plantation | 13 mi | $2,058 | $351,200 | 18.4% |
| Fruit Cove | 14 mi | $2,336 | $484,000 | 12.6% |
| Bellair-Meadowbrook Terrace | 14 mi | $1,457 | $224,900 | 55.1% |
HUD Fair Market Rent for Penney Farms, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,401 | $1,421 | $1,694 | $2,077 | $2,594 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Penney Farms, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,850 | $38,050 | $60,900 |
| 2 people | $26,100 | $43,500 | $69,600 |
| 3 people | $29,350 | $48,950 | $78,300 |
| 4 people | $33,000 | $54,350 | $86,950 |
| 5 people | $38,680 | $58,700 | $93,950 |
| 6 people | $44,360 | $63,050 | $100,900 |
| 7 people | $50,040 | $67,400 | $107,850 |
| 8 people | $55,720 | $71,750 | $114,800 |
These are the limits HUD sets for its housing programs in the Jacksonville, FL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $108,700.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Penney Farms
What is the average rent in Penney Farms, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Penney Farms is $1,946 (±$198) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Penney Farms?
The median gross rent for a one-bedroom home in Penney Farms, FL is $1,565 (±$276) a month (2020–2024 American Community Survey).
Are renters in Penney Farms rent-burdened?
75.5% of renting households in Penney Farms pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Penney Farms?
Penney Farms has an estimated 254 (±91) renting households, 84.7% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Penney Farms?
The median household income in Penney Farms is $52,500 (±$11,118) a year (2020–2024 American Community Survey).
How many homes are in Penney Farms?
Penney Farms, FL has an estimated 348 (±102) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Penney Farms growing?
In Penney Farms, the number of residents went from 683 in 2015–2019 to 642 in 2020–2024 (−6.0%), not a measurable change.
What ZIP codes are in Penney Farms?
The ZIP code that covers Penney Farms is 32079.
What is the median rent in ZIP code 32079?
The median gross rent in ZIP Code Tabulation Area 32079 is $1,837 (±$275) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Penney Farms town, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Penney Farms town, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Penney Farms town, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Penney Farms town, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Penney Farms town, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Penney Farms town, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Penney Farms town, Florida
- HUD Fair Market Rents, fiscal year 2027: Jacksonville, FL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Jacksonville, FL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Penney Farms town, Florida (place:55875, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .