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CITY · 2020 ACS

Penrose

Colorado · 3,685 residents · 17.846 sq mi
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The short version

Penrose is wealthier than most US places, with a median household income of $82,042. Population has declined 9% since 2000. Median home value has more than doubled since 2000, reaching $221,100. With a median age of 49.6, the population is older than the US median of 38.8. Poverty is rare here, at 5.1% of residents.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 49.6
US median: 38.8
Average education
34% hold a bachelor's degree
US average: 33%
Less affordable
home values up 30%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,685
−9%since 2000
from 4,070 in 2000
1990 – 2024
Population density
206 / sq mi
−9%since 2000
from 228 / sq mi in 2000
US average: 280
Median age
49.6
+28%since 2000
from 38.7 in 2000
US average: 38.8
Population, 1990 – 2024
2K3K3K4K4K1990201020202024Penrose
20244K
1990201020202024
Section 02

Income & economy

Median household income
$82,042
+53%inflation adjusted, since 2000
from $35,638 in 2000
US average: $66,278
1990 – 2024
Per capita income
$43,569
+181%since 2000
from $15,481 in 2000
US average: $35,364
Households earning $100K+
52.9%
+24.6 ptssince 2009
from 28.3% in 2009
US average: 43.9%
Poverty rate
5.1%
−7.2 ptssince 2000
from 12.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Information14.7%
US avg: 11.1%
Finance & insurance10.9%
US avg: 5.5%
Professional, scientific, technical9.5%
US avg: 4.7%
Wholesale trade8.5%
US avg: 6.7%
Other services2.3%
US avg: 6.6%
Arts, entertainment, food2.2%
US avg: 2%
Retail trade1.8%
US avg: 10%
Education & health services1.4%
US avg: 0.8%
Agriculture, forestry, fishing1.1%
US avg: 1.7%
Public administration1.1%
US avg: 4.7%
Manufacturing0.9%
US avg: 0.5%
Transportation & warehousing0.5%
US avg: 2.5%
Construction0.2%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$221,100
+30%inflation adjusted, since 2000
from $113,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,017
+34%inflation adjusted, since 2000
from $505 in 2000
US average: $1,124
Owner-occupied
83.1%
−2.5 ptssince 2000
from 85.6% in 2000
16.9% rent
Afford Score
2.7
−15%since 2000
from 3.2 in 2000
1990 – 2024
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)
2020
White, non-Hispanic84.2%(3,101)
Black0.2%(7)
Hispanic / Latino9.5%(349)
Asian0.8%(30)
Other0.6%(23)
Diversity Score26.2%(965)
Diversity Score
26
+37%since 2000
from 19 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
34.0%
+22.0 ptssince 2000
from 12.0% in 2000
US average: 32.9%
High school or higher
96.4%
+10.9 ptssince 2000
from 85.4% in 2000
US average: 88.5%
Graduate degree
15.8%
+11.8 ptssince 2000
from 4.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
38.4 min
+72%since 2000
from 22.3 min in 2000
US average: 26.9
Drive alone to work
80.6%
+11.0 ptssince 2009
from 69.6% in 2009
US average: 75.1%
No vehicle available
1.1%
+0.5 ptssince 2009
from 0.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.8%
+1.3 ptssince 2011
from 4.5% in 2011
US average: 5.4%
Labor force participation
55.4%
+4.0 ptssince 2011
from 51.4% in 2011
US average: 63.4%
Management & professional
43.6%
−8.3 ptssince 2009
from 52.0% in 2009
US average: 39.3%
Section 08

People & community

Male
44.6%
−6.7 ptssince 2009
from 51.3% in 2009
Female
55.4%
+6.7 ptssince 2009
from 48.7% in 2009
Foreign born
1.2%
−0.6 ptssince 2009
from 1.8% in 2009
US average: 13.5%
Uninsured
2.5%
−86.2 ptssince 2013
from 88.7% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Penrose to nearby cities

PENROSE VS
Cañon City
Income$64,787−21%
Home value$316,100+43%
Population17,030+317%
SEE FULL COMPARISON →
PENROSE VS
Pueblo West
Income$96,810+18%
Home value$397,000+80%
Population35,681+773%
SEE FULL COMPARISON →
PENROSE VS
Fort Carson
Income$66,237−19%
Home value$101,600−54%
Population18,019+341%
SEE FULL COMPARISON →
PENROSE VS
Pueblo
Income$56,664−31%
Home value$247,200+12%
Population110,404+2601%
SEE FULL COMPARISON →
Frequently asked

How many people live in Penrose, Colorado?

Penrose, Colorado has about 3,685 residents according to the 2020 American Community Survey.

What is the median household income in Penrose, Colorado?

The typical household in Penrose, Colorado earns about $82,042 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 $221,100, and the typical rent is about $1,017 a month.

How educated are people in Penrose, Colorado?

About 34.0% 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 5.1% 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 1,565 residents, a change of about 74 percent over that period.

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

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