HomeVirginiaFranklin CountyPenhook CDP
Penhook CDP, Virginia: commercial real estate data.
Penhook CDP 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.
64 sourced place values · tier FULL · 7 sections
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 7(a) lending to Penhook borrowers
- Approvals2
- Gross approval$821,000
- Average approval$410,500
- Median approval$530,000
- Ninetieth percentile approval$530,000
- Largest approval$530,000
- Jobs supported18
- Jobs per approval9.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 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.
Franklin County, not Penhook
Franklin County context, not Penhook figures
These are Franklin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Penhook measurements.
- Establishments in Franklin County1,238
- Employment at those establishments, Franklin County13,569
- Covered employment, Franklin County15,666
- Average annual pay, Franklin County$46,740
- Average weekly wage, Franklin County$899
- Housing units permitted, Franklin County167
- Of those, single family, Franklin County157
- County product, 2024, Franklin County$2,215,915,000
- County product change over the prior year, Franklin County4.9 percent
- Average income of an arriving household, Franklin County$102,925
Every figure in this section is published for Franklin County as a whole and is not a measurement of Penhook. 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.
- No median gross rent is published for this place.
- 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
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 totalling $821,000, across 2 lenders, median approval $530,000. 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 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 Penhook figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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