HomeTexasHidalgo CountyPenitas city
Penitas city, Texas: commercial real estate data.
Penitas city is a Census city of 6,444 people across 9.36 square miles of land, in Hidalgo County. Median household income is $48,993, 85.8 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $644,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Penitas
What Penitas is
- Census place typecity
- Land area9.36 sq mi
- Water area0.04 sq mi
- Population per square mile of land688
- County holding the largest share of its areaHidalgo County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penitas
How many people live in Penitas
- Population6,444
- Median age32.6
- Population under 182,042 plus or minus 479
- Share under 1831.7 percent plus or minus 7.4
- Population 65 and over696 plus or minus 247
- Share 65 and over10.8 percent plus or minus 3.8
- Households1,808
- Family households1,662
- Share of households that are families91.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penitas
Income and work in Penitas
- Median household income$48,993 plus or minus $14,016
- Per capita income$21,466 plus or minus $5,458
- Civilian labor force2,575
- Employed2,384
- Unemployed191 plus or minus 163
- Unemployment rate7.4 percent plus or minus 6.3
- Adults 25 and over3,844
- Adults 25 and over with a high school diploma or higher56.1 percent plus or minus 11.5
- Adults 25 and over with a bachelor degree or higher11.7 percent plus or minus 5.6
- Adults 25 and over with a graduate degree4.4 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penitas
Housing in Penitas
- Housing units1,980
- Occupied units1,808
- Vacant units172 plus or minus 117
- Vacancy rate8.7 percent plus or minus 5.8
- Owner occupied1,551
- Renter occupied257 plus or minus 164
- Ownership rate85.8 percent
- Median owner-occupied home value$167,000
- Median gross rent, monthly$697 plus or minus $627
- Annual rent as a share of median income17.1 percent plus or minus 16.1
- Single family units1,588
- Share single family80.2 percent
- Units in buildings of two or more213 plus or minus 146
- Share in buildings of two or more10.8 percent plus or minus 7.2
- Mobile homes130 plus or minus 98
- Median year structure built2004
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penitas
How Penitas gets to work
- Workers 16 and over who commute2,078 plus or minus 477
- Commuting under 15 minutes515 plus or minus 212
- Share commuting under 15 minutes24.8 percent plus or minus 8.5
- Commuting 30 minutes or more491 plus or minus 209
- Share commuting 30 minutes or more23.6 percent plus or minus 8.5
- Drove alone77.6 percent
- Carpooled7.1 percent plus or minus 5.6
- Public transport0.0 percent
- Walked0.5 percent plus or minus 1.0
- Worked from home12.2 percent plus or minus 12.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penitas
SBA loans in Penitas (7(a))
- Approvals4
- Gross approval$644,000
- Average approval$161,000
- Median approval$150,000
- Ninetieth percentile approval$319,000
- Largest approval$319,000
- Jobs supported10
- Jobs per approval2.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises25.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hidalgo County, not Penitas
Hidalgo County context, not Penitas figures
These are Hidalgo County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Penitas measurements.
- Establishments in Hidalgo County13,393
- Employment at those establishments, Hidalgo County227,682
- Covered employment, Hidalgo County291,901
- Average annual pay, Hidalgo County$42,905
- Average weekly wage, Hidalgo County$825
- Housing units permitted, Hidalgo County7,292
- Of those, single family, Hidalgo County4,336
- County product, 2024, Hidalgo County$31,357,426,000
- County product change over the prior year, Hidalgo County4.9 percent
- Average income of an arriving household, Hidalgo County$50,502
Every figure in this section is published for Hidalgo County as a whole and is not a measurement of Penitas. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Penitas questions, answered from the record.
How many people live in Penitas, Texas?
6,444, in 1,808 households. Penitas city covers 9.36 square miles of land, which is 688 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Penitas in?
Hidalgo County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Penitas?
$48,993. The median owner-occupied home is valued at $167,000. Median gross rent is $697 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Penitas businesses?
4 7(a) approvals totalling $644,000, across 4 lenders, median approval $150,000. These count approvals to borrowers whose address is in Penitas, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Penitas borrowers get paid back?
No rate is published for Penitas. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Penitas figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hidalgo County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Penitas.
Is zoning published for Penitas?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.