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Penney Farms Town Hall

Penney Farms was founded by department store pioneer J.C. Penney. His plan was to build an experimental farming village but shortly after the town was incorporated the stock market crashed (1929). So he scaled his plans back and eventually founded the Penney Retirement Community for retired Christian ministers, missionaries and lay people.

Penney Retirement Community

Fast Facts about Penney Farms, Florida

Penney Farms, Clay County, FL 32079

Latitude: 29.981111°N
Longitude: 81.81°W
Elevation: 95'

Education:
High School or Higher: 87.6%
Bachelor's Degree or Higher: 38.5%
Graduate or Professional Degree: 25.5%
Cost of Living Index for Penney Farms: 84.1

2014 Estimates:
Median Household Income: $33,400
Median Home Value: $40,100
Median Resident Age: 80.7 Years
Population Density: 545 People per Square Mile
Major Industries:
Construction, Senior Services, Real Estate Services, Insurance & Financial Services
Unemployed (June 2014): 5.5%

Population Demographics 2010

Total Population	749
Males	298
Females	451
Population by Age
Under 18	32
18 & over	717
20-24	10
25-34	7
35-49	37
50-64	50
65 & over	608

Population by Ethnicity
Hispanic or Latino	8
Non Hispanic or Latino	741
Population by Race
White	677
African-American	49
Asian	7
Native American	0
Hawaiian or Pacific Islander	0
Other	5
Two or more	5