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The total population of Penn Yan is estimated to be 5,134 with 2,252 males (43.86%) and 2,882 females (56.14%). There are 630 more females than males in Penn Yan.
The median household income in Penn Yan was $44,333 in 2021, which marked an an increase of 4,689(11.83%) from $39,644 in 2020. This income is 59.42% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Penn Yan sees its highest median household income among householders in the age group of 45 to 64 years old, at $61,106. Overall, the median household income for the village of Penn Yan stands at $44,333.
In Penn Yan, the median income for all workers aged 15 years and older, regardless of work hours, was $27,789 for males and $27,328 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,827 for males and $43,098 for females.
In Penn Yan, population is primarily represented by White households, reporting a median income of $46,310.
In 2022, the population of Penn Yan was 5,075, a 0.59% decrease year-by-year from 2021. Previously, in 2021, Penn Yan's population was 5,105, a decline of 0.41% compared to a population of 5,126 in 2020.
The median age in Penn Yan, NY is 46.8, as per 2021 ACS 5-Year Estimates. Of the total population, 13.25% were under the age of 15, 18.30% aged 15 to 29, 42.50% aged 30 to 64, 20.50% aged 65 to 84, and 5.45% were 85 years of age and older.
Racial distribution of Penn Yan population: 92.37% are White, 1.58% are Black or African American, 1.96% are Asian, 2.09% are some other race and 2.01% are multiracial.