Everything You Should Know Before Moving to Penhook, VA
Thinking of moving to Penhook, VA? With a small, close-knit population of 801, Penhook offers peaceful lakeside living, affordable homes around $345,000, and low crime rates—violent crime is just 98 per 100K. Residents enjoy a mild climate with 62% sunny days, scenic outdoor recreation, and easy access to quality hospitals and schools. Commute times average 31 minutes, and cost of living is below the national average, making Penhook a hidden gem for those seeking tranquility and value.
Demographics - Penhook, VA
Demographics - Penhook, VA
Penhook, VA is a small and close-knit community of 801 residents, characterized by a predominantly White population and a median age of 57.2. The area has a balanced gender ratio and a low percentage of non-English speakers, fostering a quiet, neighborly atmosphere ideal for those seeking a slower pace of life.
Population:
801
Density:
60 per sq mi
Median Age:
57.2
Gender Ratio:
103 males per 100 females
Non-English Speakers Percentage:
2.1%
Ethnic Composition
White:
87.0%
Black:
9.8%
Asian:
0.7%
Others:
2.5%
Cost Of Living
What is the average cost of living in Penhook, VA?
Penhook offers a cost of living slightly below the national average, with a median home value of $345,000 and average rent around $1,050 for a two-bedroom. Utility and transportation costs are reasonable, making this lakeside town an affordable choice for families and retirees.
Median House Value:
$345,000
Gross Rent:
$1,050
Monthly Electricity Charges:
$135
Auto Insurance:
$1,020
House Owner Cost With Mortgage:
$1,480
House Owner Cost Without Mortgage:
$430
State Taxes:
Low:
2.0%
|
High:
5.75%
Cost Of Living Index:
96.0
Grocery:
98.0
Housing:
87.0
Utilities:
102.0
Transportation:
94.0
Health Care:
95.0
Miscellaneous:
97.0
Crime
Is Penhook, VA a safe place to live?
Penhook boasts a very low crime rate, with only 98 violent crimes per 100,000 residents and a 1 in 1,020 chance of being a victim of violent crime. Residents can enjoy peace of mind knowing the community is notably safer than many other towns in the region.
Violent Crimes Per 100k:
98
Property Crimes Per 100k:
660
Crime Index:
758
Chance Of Violent Crime:
1 in 1,020
Chance Of Property Crime:
1 in 151
Weather
What is the weather like in Penhook, VA year-round?
Residents of Penhook experience four distinct seasons with mild winters averaging lows of 27°F and warm summers reaching up to 87°F. The area enjoys about 62% sunny days annually and moderate rainfall, making it an appealing location for outdoor enthusiasts.
Winter
Min:
27°F
Max:
47°F
Spring
Min:
44°F
Max:
70°F
Summer
Min:
64°F
Max:
87°F
Fall
Min:
47°F
Max:
72°F
Average Rainfall Inches:
44.5 inches
Sunny Days Percentage:
62%
Neighbors
Penhook's households enjoy a median income of $66,200, with a low poverty rate of 7.9% and an unemployment rate of just 3.7%. Most residents are well-educated, with nearly 94% holding a high school diploma and over a quarter having a bachelor's degree or higher.
Median Income:
$45,000
Household Income:
$66,200
Family Income:
$80,300
Per Capita Income:
$36,000
Income Male:
$42,500
Income Female:
$33,800
Poverty Rate:
7.9%
Non English Speakers:
2.1%
Rent:
$1,050
Unemployment Rate:
3.7%
Public Transport Usage:
0.5%
Commute Time:
31.2 minutes
Education
High School or Higher:
93.9%
Bachelors or More:
28.8%
Education
How are the schools in Penhook, VA?
Families in Penhook have access to quality education, including a local elementary school and a private academy, plus proximity to higher education institutions like Ferrum College and Virginia Western Community College. The community values education, reflected in strong graduation rates and a supportive learning environment.
Public Schools
Name:
Glade Hill Elementary School
Street:
9720 Old Franklin Turnpike
Phone:
540-576-4949
Students:
400
Student Teacher Ratio:
14.5
Private Schools
Name:
Christian Heritage Academy
Street:
32340 Old Franklin Turnpike
Phone:
540-483-5855
Students:
110
Colleges
Name:
Ferrum College
City:
Ferrum
State:
VA
Distance:
24 miles
Students:
1,000
Name:
Virginia Western Community College
City:
Roanoke
State:
VA
Distance:
35 miles
Students:
12,000
Healthcare
Access to healthcare is strong in Penhook, with two major hospitals nearby and 91.8% of residents having health insurance coverage. The area offers a solid healthcare infrastructure supported by a good physician-to-population ratio.
Major Hospitals
Name:
Carilion Franklin Memorial Hospital
Address:
390 South Main St, Rocky Mount, VA 24151
Phone:
(540) 483-5277
Type:
General & Surgical
Emergency Services:
Yes
Name:
SOVAH Health – Danville
Address:
142 S Main St, Danville, VA 24541
Phone:
(434) 799-2100
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
91.8%
Health Care Index:
77.0
Housing Market
What is the housing market like in Penhook, VA?
The housing market in Penhook is stable, featuring a median home price of $345,000 and high owner-occupancy at 82.1%. With a low foreclosure rate and modest annual home appreciation, buyers can expect a reliable investment in a serene setting.
Median Home Price:
$345,000
Average Rent For 2 Bedroom:
$1,050
Owner Occupied Rate:
82.1%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.7%
Foreclosure Rate:
0.6%
DMV Information
Residents handle vehicle registration and licensing through the Virginia Department of Motor Vehicles, with the nearest main office in Richmond and full online services available for convenience.
State:
Virginia
Department:
Virginia Department of Motor Vehicles
Address:
2300 W Broad St, Richmond, VA 23269
Phone:
1-804-497-7100
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.