HomeVirginiaFranklin CountyPenhook
Penhook, Virginia: commercial real estate data.
Penhook is a Census CDP of 1,250 people across 11.18 square miles of land, in Franklin County. Median household income is $108,750, 91.6 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $821,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Penhook
What Penhook is
- Census place typeCDP
- Land area11.18 sq mi
- Water area1.59 sq mi
- Population per square mile of land112 plus or minus 42
- County holding the largest share of its areaFranklin 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.
Penhook
How many people live in Penhook
- Population1,250 plus or minus 465
- Median age51.2 plus or minus 15.4
- Population under 18175 plus or minus 110
- Share under 1814.0 percent plus or minus 7.1
- Population 65 and over284 plus or minus 82
- Share 65 and over22.7 percent plus or minus 10.7
- Households428 plus or minus 154
- Family households329 plus or minus 135
- Share of households that are families76.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penhook
Income and work in Penhook
- Median household income$108,750 plus or minus $46,673
- Per capita income$54,816 plus or minus $19,053
- Civilian labor force383 plus or minus 180
- Employed378 plus or minus 180
- Unemployed5 plus or minus 9
- Unemployment rate1.3 percent plus or minus 2.3
- Adults 25 and over819 plus or minus 249
- Adults 25 and over with a high school diploma or higher98.8 percent plus or minus 38.8
- Adults 25 and over with a bachelor degree or higher49.1 percent plus or minus 10.4
- Adults 25 and over with a graduate degree18.9 percent plus or minus 8.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penhook
Housing in Penhook
- Housing units780 plus or minus 228
- Occupied units428 plus or minus 154
- Vacant units352 plus or minus 153
- Vacancy rate45.1 percent plus or minus 14.5
- Owner occupied392 plus or minus 140
- Renter occupied36 plus or minus 60
- Ownership rate91.6 percent plus or minus 46.4
- Median owner-occupied home value$543,000 plus or minus $205,239
- Single family units593 plus or minus 198
- Share single family76.0 percent
- Units in buildings of two or more101 plus or minus 85
- Share in buildings of two or more12.9 percent plus or minus 10.2
- Mobile homes86 plus or minus 61
- Median year structure built1993
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penhook
How Penhook gets to work
- Workers 16 and over who commute256 plus or minus 142
- Commuting under 15 minutes31 plus or minus 42
- Share commuting under 15 minutes12.1 percent plus or minus 15.0
- Commuting 30 minutes or more147 plus or minus 101
- Share commuting 30 minutes or more57.4 percent plus or minus 23.5
- Drove alone53.4 percent plus or minus 20.7
- Carpooled2.9 percent plus or minus 4.3
- Public transport0.0 percent
- Walked5.0 percent plus or minus 7.3
- Worked from home32.3 percent plus or minus 17.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penhook
SBA loans in Penhook (7(a))
- Approvals2
- Gross approval$821,000
- Average approval$410,500
- Median approval$410,500
- Largest approval$530,000
- Jobs supported18
- Jobs per approval9.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Penhook, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Franklin County, not Penhook
Franklin County context, not Penhook figures
- Establishments in Franklin County1,238
- Covered employment, Franklin County15,666
- Average annual pay, Franklin County$46,740
- Housing units permitted, Franklin County167
Every figure in this section is published for Franklin County as a whole and is not a measurement of Penhook.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Penhook questions, answered from the record.
How many people live in Penhook, Virginia?
1,250, in 428 households. Penhook CDP covers 11.18 square miles of land, which is 112 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Penhook in?
Franklin 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 Penhook?
$108,750. The median owner-occupied home is valued at $543,000. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Penhook businesses?
2 7(a) approvals totaling $821,000 since FY2020, across 2 lenders, median approval $410,500. These count approvals to borrowers whose address is in Penhook, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Penhook borrowers get paid back?
No rate is published for Penhook. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Penhook figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Franklin 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 Penhook.
Is zoning published for Penhook?
No. Nothing on this page presents parcel level zoning.
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