Penelope, TX Employment - Median Household Income, Unemployment Rate

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F

20%

Income/capita NAT. AVG.

25%

Household income NAT. AVG.

4%

Unemployment NAT. AVG.

Index	Penelope	Texas	National
Income per capita	$35,735	$41,777	$44,883
Median household income	$61,260	$80,880	$81,333
Median income owner occupied	$61,868	$107,635	$106,172
Median income renter occupied	$0	$54,463	$52,080
Median earnings male	$49,653	$53,620	$54,343
Median earnings female	$46,353	$36,296	$38,439
Unemployment rate	5.1%	4.3%	4.9%
Poverty level	4.8%	16.7%	15.1%

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Homes For Sale In Penelope, TX

277 Hcr 3221

Penelope, TX

11 Acres | TBD County Road 3150

Hubbard, TX

TBD County Road 3204

Abbott, TX

5243 FM 2114

Abbott, TX

Key findings

The income per capita in Penelope is 20% lower than the national average
The median household income in Penelope is 25% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Penelope is 4% higher than the national average
The poverty level in Penelope is 68% lower than the national average

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am i middle class

$40,835 $61,260 $122,520

City

$53,914 $80,880 $161,760

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Penelope median earnings by income bracket

Penelope employment by industry

Labour Type	Male	Female
Construction industry	15.4%	15.4%
Manufacturing sector	15.4%	15.4%
Financial & insurance services	26.9%	26.9%
Wholesale & retail services	0.0%	0.0%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	7.7%	7.7%
Education, health & social services	34.6%	34.6%
Other	0.0%	0.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Abbott, TX	361	$111,936	37.6%
Leroy, TX	383	$85,121	4.7%
Ross, TX	238	$76,896	5.5%
Bynum, TX	333	$76,754	5.6%
West, TX	2,938	$74,222	8.7%
Penelope, TX	127	$61,260	24.7%

Cities with similar population

City	Population	Household Income	National Avg.
Blue Mountain, AR	127	$75,304	7.4%
Whispering Pines, AZ	127	$48,670	40.2%
Nicasio, CA	127	$377,048	363.6%
Princeton, ID	127	$0	100.0%
Raritan, IL	127	$97,547	19.9%
Penelope, TX	127	$61,260	24.7%

Source: The Penelope, TX employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.