How many renters in Penney Farms, FL pay more than 30% of their income on rent?

75.5% (±15.3 points) of renting households in Penney Farms, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

70.9% spend 35% or more.

The median renting household spends 46.1% of its income on rent.

Figures last updated on .

Paying 30% or more
75.5% (±15.3 points)
Paying 35% or more
70.9% (±14.2 points)
Median share of income
46.1% (±4.5 points)

Rent as a share of income in Penney Farms

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentPenney FarmsClay CountyFloridaUnited States
Less than 15%0.0% (±19.7 points)11.1%8.1%12.6%
15% to 19.9%14.8% (±11.6 points)12.0%9.3%12.2%
20% to 24.9%8.9% (±8.3 points)13.3%11.3%12.6%
25% to 29.9%0.8% (±1.6 points)13.7%11.3%11.5%
30% to 34.9%4.6% (±5.6 points)9.2%9.8%9.2%
35% or more70.9% (±14.2 points)40.7%50.2%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Penney Farms against Clay County, its state and the nation

Estimate (90% margin of error)
Penney FarmsClay CountyFloridaUnited States
Paying 30% or more75.5% (±15.3 points)49.9% (±4.6 points)60.0% (±0.4 points)51.1%
Paying 35% or more70.9% (±14.2 points)40.7% (±4.1 points)50.2% (±0.4 points)41.9%
Median share of income46.1% (±4.5 points)30.0% (±1.8 points)35.2% (±0.3 points)30.6%
Median renter household income$53,000 (±$13,133)$60,688 (±$4,784)$53,617 (±$353)$52,966
Median gross rent$1,946 (±$198)$1,551 (±$62)$1,669 (±$5)$1,413

In Penney Farms, the share of renters paying 30% or more of income is higher than in Clay County (49.9%).

It is also higher than in Florida (60.0%).

It is higher than the national figure (51.1%).

In Clay County, Penney Farms ranks 1 of 10 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 97 of 843.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Penney Farms

Nearest places with a published estimate, compared with Penney Farms
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Penney Farms—75.5% (±15.3 points)—
Asbury Lake4.9 mi33.9% (±22.6 points)Lower
Middleburg7.2 mi36.2% (±21.1 points)Lower
Green Cove Springs7.8 mi27.2% (±16.3 points)Lower
Fleming Island10 mi51.3% (±12.7 points)Lower
Lakeside11 mi52.1% (±8.7 points)Lower
Oakleaf Plantation13 mi46.9% (±14.7 points)Lower
Fruit Cove14 mi55.9% (±13.7 points)Not measurably different
Bellair-Meadowbrook Terrace14 mi61.7% (±11.1 points)Not measurably different

Nearby places with a measurably lower figure: Asbury Lake, FL (33.9%), Middleburg, FL (36.2%), Green Cove Springs, FL (27.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Clay County, place by place

RankPlaceRenters paying 30% or more of income
1Penney Farms75.5% (±15.3 points)
2Bellair-Meadowbrook Terrace61.7% (±11.1 points)
3Lakeside52.1% (±8.7 points)
4Fleming Island51.3% (±12.7 points)
5Orange Park50.5% (±17.1 points)
6Oakleaf Plantation46.9% (±14.7 points)
7Keystone Heights38.6% (±24.0 points)

Showing 7 of 10 places in Clay County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in Penney Farms

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Penney Farms, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Penney Farms beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Penney Farms, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Penney Farms

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).

What share of income do renters in Penney Farms spend on rent?

The median renting household in Penney Farms, FL spends 46.1% (±4.5 points) of its household income on gross rent.

Sources

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) and detailed tables (acs/acs5) 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 API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

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 .

Related