Penhold is a town in central Alberta, Canada. Penhold is surrounded by the county of Red Deer No. 23, 16km south of Red Deer at the junction of Highway 2A and Highway 42. It is located 128km north of Calgary, along the Red Deer River Home of Penhold Soccer Team 2015 Penhold Oxfurds, 2016 Penhold Stars Silver place winnersHistoryOriginally, Penhold was one of the many whistle stops along the Canadian Pacific Railway. It incorporated as the Village of Penhold in 1904.In 1981, the Village of Penhold incorporated as a town as a result of large population growth in the late 1970s.DemographicsThe population of the Town of Penhold according to its 2014 municipal census is 2,842, a change from its 2012 municipal census population of 2,476.In the 2011 Census, the Town of Penhold had a population of 2,375 living in 889 of its 925 total dwellings, a 20.5% change from its 2006 adjusted population of 1,971. With a land area of 5.33km2, it had a population density of in 2011.In 2006, Penhold had a population of 1,961 living in 732 dwellings, a 13.4% increase from 2001. The town has a land area of 2.35km2 and a population density of 834.8/km2.