HomeTexas › Penelope

Penelope, Texas

town · Hill County

At a glance

235
Population
$249,006
Typical market value
Zillow, 2026-07
$60,000
Median household income
24% below U.S. median
20.9 min
Average commute
80%
Homes with broadband
0%
Locations with fiber available
1.8%
Unemployment

Cost of living (Clay Affordability Index)

CAI 99 — 1% below the national average. how it's computed

Housing18% above
Goods & services5% below
Utilities20% above
Taxes57% below
Insurance25% above
Commute cost31% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college24 mi
Nearest community college14 mi
Nearest technical college50 mi
High school graduates75.2%
College graduates19.6%

Doing business here

Economic development contacts, most local first:

state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

Similar towns nearby

Malone, TX 4 mi · pop 280 · $118k
Mount Calm, TX 7 mi · pop 439 · $112k
Hubbard, TX 8 mi · pop 1,327 · $135k
Bynum, TX 9 mi · pop 236 · $108k
Abbott, TX 9 mi · pop 470 · $174k