What is the population of Penrose CDP?

Penrose CDP has 3,978 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #128 of 482 in Colorado.

What is the median household income in Penrose CDP?

Median household income in Penrose CDP is $75,109 a year, 4.4% below the national figure of $78,538.

How much does it cost to rent or buy in Penrose CDP?

Median gross rent is not published a month and the median home value is $276,100.

Is Penrose CDP affordable compared with the rest of the US?

Homes cost about 3.7× the local median income here versus roughly 3.9× nationally, so Penrose CDP is more affordable to buy in than the typical US market.

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Colorado · Census place 58400

Penrose, CO population, income and ZIP codes

Quick answer

The population of the city of Penrose, Colorado (Penrose, CO — Census place “Penrose CDP”) is 3,978 residents, ranking #128 of 482 places in Colorado. Median household income is $75,109, the median home is worth $276,100 and median gross rent runs — a month. Looking for the Penrose Colorado ZIP code list? 1 ZIP codes serve Penrose, CO: 81240.

Population: 3,978Penrose CDP residents
Median household income: $75,109Past 12 months, inflation adjusted
Median home value: $276,100Owner-occupied units
Median gross rent: —Rent plus utilities, monthly
Median age: 44.6 yrsAll residents
Homeownership rate: 83.9%Owner-occupied households

Penrose ZIP codes (Colorado)

Census ZCTAs whose delivery area overlaps Penrose.

The Penrose CO ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

81240

What the numbers mean in Penrose CDP

Housing cost measured against local earnings.

The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.2% of residents and 83.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Penrose CDP, CO in context

How this area compares with national benchmarks.

Penrose CDP is a small town in Colorado, with 3,978 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #128 of 482 ranked by population — larger than 73% of them. The median age here is 44.6 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Penrose CDP earn a median of $75,109 a year, 4.4% below the national figure of $78,538 and 13% below the $86,484 median for the 223 Colorado cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 12.2% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Penrose CDP is valued at $276,100, 9% below the national figure and 39% below the $453,600 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 3.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 83.9% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

The Census withheld gross rent for Penrose CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

Compare with nearby places

Places of similar size in Colorado.

More Colorado coverage.

Frequently asked questions

Common questions about this area.

What is the population of Penrose CDP?: Penrose CDP has 3,978 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #128 of 482 in Colorado.
What is the median household income in Penrose CDP?: Median household income in Penrose CDP is $75,109 a year, 4.4% below the national figure of $78,538.
How much does it cost to rent or buy in Penrose CDP?: Median gross rent is not published a month and the median home value is $276,100.
Is Penrose CDP affordable compared with the rest of the US?: Homes cost about 3.7× the local median income here versus roughly 3.9× nationally, so Penrose CDP is more affordable to buy in than the typical US market.
How current is this Penrose CDP data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.