What percentage of people rent in Penney Farms, FL?

Name: Renters and owners in Penney Farms, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

84.7% (±11.1 points) of the occupied homes in Penney Farms, FL are rented (2020–2024 American Community Survey).

That is 254 renting households against 46 that own their home.

In Penney Farms, the share of households that rent went from 88.3% in 2015–2019 to 84.7% in 2020–2024 (−3.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 84.7% (±11.1 points)
Renting households: 254 (±91)
Median renter income: $53,000 (±$13,133)

Who rents and who owns in Penney Farms

Tenure, estimate (90% margin of error)
	Penney Farms	Clay County	Florida	United States
Renter-occupied share	84.7% (±11.1 points)	24.1% (±1.3 points)	32.4% (±0.2 points)	34.8%
Renting households	254 (±91)	20,185 (±1,089)	2,834,163 (±17,461)	45,017,354
Owning households	46 (±35)	63,522 (±1,084)	5,918,647 (±31,594)	84,210,142
Average renter household size	1.6 (±0.2)	2.6 (±0.1)	2.5 (±0.0)	2.3
Average owner household size	1.9 (±0.5)	2.7 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$53,000 (±$13,133)	$60,688 (±$4,784)	$53,617 (±$353)	$52,966
Median owner household income	—	$98,471 (±$3,243)	$88,144 (±$469)	$100,009

In Penney Farms, the renter share is higher than in Clay County (24.1%).

It is also higher than in Florida (32.4%).

It is higher than the national figure (34.8%).

In Clay County, Penney Farms ranks 1 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 10 of 857.

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

How renting in Penney Farms has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	88.3% (±7.3 points)	84.7% (±11.1 points)	−3.6 percentage points	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

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.

Households that rent in places near Penney Farms

Nearest places with a published estimate, compared with Penney Farms
Place	Distance	Households that rent	Compared with this place
Penney Farms	—	84.7% (±11.1 points)	—
Asbury Lake	4.9 mi	10.7% (±4.5 points)	Lower
Middleburg	7.2 mi	12.8% (±4.5 points)	Lower
Green Cove Springs	7.8 mi	35.0% (±7.2 points)	Lower
Fleming Island	10 mi	14.7% (±2.3 points)	Lower
Lakeside	11 mi	31.1% (±4.0 points)	Lower
Oakleaf Plantation	13 mi	18.4% (±4.4 points)	Lower
Fruit Cove	14 mi	12.6% (±2.6 points)	Lower
Bellair-Meadowbrook Terrace	14 mi	55.1% (±4.6 points)	Lower

Nearby places with a measurably lower figure: Asbury Lake, FL (10.7%), Middleburg, FL (12.8%), Green Cove Springs, FL (35.0%).

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

Households that rent across Clay County, place by place

Rank	Place	Households that rent
1	Penney Farms	84.7% (±11.1 points)
2	Bellair-Meadowbrook Terrace	55.1% (±4.6 points)
3	Orange Park	44.4% (±7.2 points)
4	Green Cove Springs	35.0% (±7.2 points)
5	Lakeside	31.1% (±4.0 points)
6	Keystone Heights	18.8% (±7.9 points)
7	Oakleaf Plantation	18.4% (±4.4 points)

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

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

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

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).

Is renting growing in Penney Farms?

In Penney Farms, the share of households that rent went from 88.3% in 2015–2019 to 84.7% in 2020–2024 (−3.6 percentage points), not a measurable change.

How big are renting households in Penney Farms?

A renting household in Penney Farms has 1.6 people on average, against 1.9 in an owned home.

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.