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CITY

Penrose

Colorado · 4,087 residents · 17.846 sq mi
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The short version

Penrose has roughly average household income, with a median household income of $88,109. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $308,800.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 43.7
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Less affordable
home values up 50%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,087
Unchangedsince 2000
from 4,070 in 2000
1990 – 2024
Population density
229 / sq mi
Unchangedsince 2000
from 228 / sq mi in 2000
US average: 281
Median age
43.7
+13%since 2000
from 38.7 in 2000
US average: 38.9
Population, 1990 – 2024
2K3K3K4K4K1990201020202024Penrose
20244K
1990201020202024
Section 02

Income & economy

Median household income
$88,109
+36%inflation adjusted, since 2000
from $35,638 in 2000
US average: $82,259
1990 – 2024
Per capita income
$57,572
+272%since 2000
from $15,481 in 2000
US average: $44,673
Households earning $100K+
55.7%
+27.4 ptssince 2009
from 28.3% in 2009
US average: 53.3%
Poverty rate
11.3%
−1.0 ptssince 2000
from 12.3% in 2000
US average: 12.5%
Income inequality (Gini)
0.567
+42%since 2010
from 0.399 in 2010
US average: 0.476
Workforce by industry, 2024
Other services13.4%
US avg: 6.7%
Public administration10.6%
US avg: 4.8%
Wholesale trade8.9%
US avg: 6.9%
Finance & insurance8.3%
US avg: 5.9%
Professional, scientific, technical7.9%
US avg: 5.1%
Retail trade4.7%
US avg: 9.9%
Information4.3%
US avg: 10.8%
Transportation & warehousing1.3%
US avg: 2.2%
Arts, entertainment, food1.3%
US avg: 1.9%
Agriculture, forestry, fishing0.5%
US avg: 1.6%
Construction0.5%
US avg: 1.2%
Education & health services0.5%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$308,800
+50%inflation adjusted, since 2000
from $113,300 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,321
+44%inflation adjusted, since 2000
from $505 in 2000
US average: $1,442
Owner-occupied
82.0%
−3.7 ptssince 2000
from 85.6% in 2000
18.0% rent
Vacancy rate
9.1%
+1.5 ptssince 2009
from 7.6% in 2009
US average: 10.0%
Owner cost-burdened
26.6%
+0.9 ptssince 2009
from 25.7% in 2009
US average: 22.9%
Renter cost-burdened
42.5%
−10.7 ptssince 2009
from 53.2% in 2009
US average: 47.4%
Afford Score
3.5
+10%since 2000
from 3.2 in 2000
1990 – 2024
Gentrification Score
82
RELATED:See current rent listings in Penrose on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic90%(3,662)
Black0.2%(9)
Hispanic / Latino7.6%(311)
Asian0.2%(10)
Other0%
Diversity Score19.1%(775)
2024
White, non-Hispanic80.2%(3,277)
Black0.2%(8)
Hispanic / Latino11.4%(466)
Asian0.3%(14)
Other7.9%(322)
Diversity Score42.2%(1,726)
Diversity Score
42
+122%since 2000
from 19 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
31.4%
+19.4 ptssince 2000
from 12.0% in 2000
US average: 35.6%
High school or higher
93.5%
+8.0 ptssince 2000
from 85.4% in 2000
US average: 89.6%
Graduate degree
15.6%
+11.5 ptssince 2000
from 4.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
22.8 min
+2%since 2000
from 22.3 min in 2000
US average: 26.5
Drive alone to work
74.4%
+4.8 ptssince 2009
from 69.6% in 2009
US average: 68.9%
Carpooled to work
1.6%
−17.3 ptssince 2009
from 18.9% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
22.5%
+11.4 ptssince 2009
from 11.1% in 2009
US average: 15.0%
Walked to work
1.6%
+1.1 ptssince 2009
from 0.4% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
2.6%
+2.0 ptssince 2009
from 0.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.1%
+2.6 ptssince 2011
from 4.5% in 2011
US average: 5.2%
Labor force participation
51.6%
+0.2 ptssince 2011
from 51.4% in 2011
US average: 63.5%
Self-employed
19.3%
−1.5 ptssince 2009
from 20.8% in 2009
US average: 13.1%
Management & professional
44.1%
−7.9 ptssince 2009
from 52.0% in 2009
US average: 42.5%
Section 08

People & community

Male
54.2%
+2.9 ptssince 2009
from 51.3% in 2009
Female
45.8%
−2.9 ptssince 2009
from 48.7% in 2009
Foreign born
0.6%
−1.3 ptssince 2009
from 1.8% in 2009
US average: 14.1%
Veterans
12.3%
−38.4 ptssince 2009
from 50.8% in 2009
US average: 6.2%
With a disability
17.5%
−3.1 ptssince 2012
from 20.6% in 2012
US average: 13.3%
Uninsured
7.4%
−81.3 ptssince 2013
from 88.7% in 2013
US average: 8.4%
Broadband at home
89.6%
+8.7 ptssince 2017
from 80.9% in 2017
US average: 91.0%
English only at home
98.2%
+2.4 ptssince 2016
from 95.8% in 2016
US average: 77.7%
Spanish at home
1.5%
−2.0 ptssince 2016
from 3.5% in 2016
US average: 13.6%
Drill deeper

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Compare Penrose to nearby cities

PENROSE VS
Cañon City
Income$64,787−26%
Home value$316,100+2%
Population17,030+317%
SEE FULL COMPARISON →
PENROSE VS
Pueblo West
Income$96,810+10%
Home value$397,000+29%
Population35,681+773%
SEE FULL COMPARISON →
PENROSE VS
Fort Carson
Income$66,237−25%
Home value$101,600−67%
Population18,019+341%
SEE FULL COMPARISON →
PENROSE VS
Pueblo
Income$56,664−36%
Home value$247,200−20%
Population110,404+2601%
SEE FULL COMPARISON →
Frequently asked

How many people live in Penrose, Colorado?

Penrose, Colorado has about 4,087 residents according to the 2024 American Community Survey.

What is the median household income in Penrose, Colorado?

The typical household in Penrose, Colorado earns about $88,109 a year. Half of households make more than that, and half make less.

Is Penrose, Colorado expensive?

In Penrose, Colorado, the median home is worth about $308,800, and the typical rent is about $1,321 a month.

How educated are people in Penrose, Colorado?

About 31.4% of adults age 25 and over in Penrose, Colorado hold a bachelor's degree or higher.

What is the poverty rate in Penrose, Colorado?

About 11.3% of people in Penrose, Colorado live below the federal poverty line.

Has Penrose, Colorado grown since 1990?

Yes, Penrose, Colorado has grown since 1990. The population has added about 1,967 residents, a change of about 93 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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