Pennville Town, Indiana
Population 814

Overview

Housing
Median Home Value
$51,700
Half are $32,300 - $67,200
Median Monthly Owner Costs
$742
With a Mortgage
Median Monthly Rent
$513
Includes Utilities
Median Year Housing Built
1954
Employment & Commute
Median Household Income
$31,000
Poverty Rate
19%
Unemployment Rate
15.9%
Education
Percent in Public School
100%
Ages 5-17 Enrolled in School

The city of Pennville is a rural city located in northeast Indiana near the Wabash River. It is one of 6 cities in Jay County.

Pennville, IN is a Place (Town):
Often referred to as cities, places can be categorized as Census Designated Places (CDP) or legal entities. The places that are legal entities provide governmental functions. CDPs have no governmental authority and exist only for statistical purposes. They are similar to legal entities in that they are a concentrated population identifiable by a name. Neither cross state lines, but may extend across county lines. A CDP may not extend into a legal entity.

Housing

1954

Median Year Housing was BuiltAll Housing Including Owner/Renter Occupied and Unoccupied

61.1%

Home Ownership PercentageOccupied Housing Units

14

Price to Rent RatioOccupied Housing Units

The price to rent ratio compares home values to rental costs. Values over 20 indicate that it is likely more affordable to rent. Values under 15 indicate that it is likely more affordable to buy. Values between 15 and 20 indicate that extra judgment must be taken when making housing decisions. It is calculated as the median home value divided by the median annual contract rent (ie. rent without additional utilities).

$51,700

Median Owner Occupied Home Value

$742

Median Monthly Ownership CostsOwner Occupied Housing Units with a Mortgage

Monthly housing costs include mortgage payments, real estate taxes, insurance, utilities, and condo fees. When comparing to monthly rental costs, be careful to also look at the median number of bedrooms. Owner occupied homes generally include more bedrooms than rentals.

0.5%

Average Annual Real Estate Taxes as a Percent of Home ValueOwner Occupied Housing Units

1.7

Housing Affordability (Median Multiple)

The median multiple is the ratio of median house price by the median annual household income. In other words, how many years would it take for the median income to pay off the median home price? Higher values indicate that the incomes in the area are not high enough to warrant the higher home prices. Anything under 3 is considered affordable while higher values indicate that housing is not affordable.

$513

Median Monthly Rent and Utility CostsRenter Occupied Housing Units with Housing Costs

Monthly housing costs include rent and utilities. When comparing to monthly ownership costs, be careful to also look at the median number of bedrooms. Owner occupied homes generally include more bedrooms than rentals.

Employment

$31,058

Median Household Income

38.1

Household Income Inequality

Income inequality is measured using the Gini coefficient. Lower values indicate that household income is spread evenly across the income groups. Higher values indicate that one income group is much more common than others.

19%

Poverty Rate

Poverty status uses the standards set by the Office of Management and Budget (OMB). If a family's total income is less than a certain threshold, every person in the family is considered to be in poverty. The threshold varies based on family size, composition, and age.

$22,198

Median Annual Individual EarningsPast 12 months for the Population Ages 16+ With Earnings

42%

Unadjusted Gender Pay GapPopulation Ages 16+ with Earnings

The unadjusted gender pay gap is the median indvidiual female earnings as a percentage of male earnings. In other words, women who work in Pennville, IN generally make around 4158% of what men do. Much of that difference is likely due to the number of hours worked (see the Full Time vs Part Time Work chart), occupations chosen (see the Employed by Occupation chart), education, and job experience. Adjusting for each of those factors to see what women with similar qualifications and jobs make compared to men is difficult, but the adjusted pay gap would be more likely to show the difference due to discrimination, difference in ability, or willingness to negotiate pay. For these reasons, differences in the gender pay shown here may be more likely to show the gender ideals in an area than the discriminatory practices.

15.9%

Unemployment RatePopulation Ages 16+ in the Civilian Labor Force

To classify as unemployed, people must not be in the military and must be actively looking for work (also known as the U3 measure of unemployment which is the official unemployment rate). In Pennville, IN, 41% of the population ages 16+ are not employed, but are also not looking for work so they are not considered in the unemployment rate. See the Labor Force Participation Rate for more information.

59%

Labor Force Participation RatePopulation Ages 16+

People in the labor force include those in the armed forces as well as civilians who are employed or classified as unemployed. To classify as unemployed, people must be actively looking for work. Common people that are not considered in the labor force are students, homemakers, retired workers, seasonal workers not currently looking for work, and institutionalized people. In Pennville, IN, 41% of people are neither employed or looking for work.

Means Of Transportation To WorkWorkers Ages 16+

Car, truck, etc.
98.3%
Public transportation
0.0%
Taxi
0.0%
Bicycle, Walked, or Other Means
1.0%
Worked at Home
0.7%

Education

Educational AttainmentPopulation Ages 25+

Less than High School Diploma
16%
High School Graduate
74%
Associate's degree
6%
Bachelor's degree
4%
Master's degree
1%
Professional school degree
0%
Doctorate degree
0%

School EnrollmentPopulation Ages 5-17

Not being enrolled in school does not necessarily mean that the student dropped out. Only schools that lead to a high school diploma or college degree are included. Home schoolers were instructed to select private school. Ages 3-4 are not included because preschool programs are not usually mandated by law and only 100% of children in this age range were enrolled in Pennville, IN.

Enrolled in Public School
100%
Enrolled in Private School
0%
Not Enrolled in School
0%
100%

Percent Enrolled in Public SchoolPopulation Ages 5-17 Enrolled in School

Demographics

814

Total Population

Life Stages

Children Under 10
17%
Children 10-17
12%
Young Adult Singles
14%
Middle Aged and Married
20%
Seniors
14%
Other
23%

Household Composition

Single female/male families do not necessarily denote single parent households. Single householders living with siblings, their aging parents, or any other relatives would be included.

Married Couples
48%
Single Female Families
8%
Single Male Families
8%
Householder Living Alone
32%
Householder Living with Non-Relative
4%

Race

White
99.8%
Black
0.0%
American Indian or Alaskan
0.0%
Asian
0.0%
Pacific Islander
0.0%
Other
0.0%
Two Plus Races
0.2%

Climate

The climate estimates use Pennville, IN weather from 1971 to 2000 at the nearest official weather station which is located at HARTFORD CITY 4.

Average Daily Temperatures by Month (°F)

Average Monthly Precipitation (Inches)

Summer High Temps

This weather station's average summer high temps are lower than 65% of other weather stations.

Winter Low Temps

This weather station's average winter low temps are lower than 54% of other weather stations.

Precipitation Levels

This weather station's average precipitation levels are higher than 55% of other weather stations.

Entity Info

PropertySourceValue
State2013 ACSIN
Summary Level2013 ACS160 (place)
Logical Record Number2010 Census0292372
Logical Record Number2013 ACS0010582
Region2013 ACS2
Division2013 ACS3
State FIPS2013 ACS18
Place FIPS2013 ACS58788
Metro Micro Politan Statistical Area Principal City Indicator2010 CensusN
New England City & Town Area Principal City Indicator2010 CensusN
Name2010 CensusPennville town
Name2013 ACSPennville town, Indiana
Functional Status Code2010 CensusA
Legal Statistical Area Description Code2013 ACS43
State ANSI2010 Census00448508
Place ANSI2010 Census02396853
Full GEOID2013 ACS16000US1858788
GEOID2013 ACS1858788
Population2010 Census701
Population2013 ACS814
Housing Units2010 Census342
Housing Units2013 ACS365
Land Area2013 ACS0.5 square miles
Water Area2010 Census0
Population Density2013 ACS1,615.1 people per sq. mile
Minimum Bounding Rectangle Or Bounding Box2013 ACS[40.481872,-85.153163], [40.500045,-85.139884],
Centroid Or Center Coordinates2013 ACS40.491883680186, -85.146713396365
FIPS Place Class Code2010 CensusC1
Place Size Code2010 Census08