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Penrose, Colorado

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,087
Population
$88,109
Median Income
$308,800
Home Value
43.7
Median Age

Demographics

Penrose has a population of 4,087 with a median age of 43.7. Here is the racial and ethnic breakdown of the population:

White
81.6%
Hispanic
11.4%
Other
6.5%
Demographic Value
Total Population4,087
Median Age43.7
White81.6%
Black or African American0.2%
Asian0.3%
Hispanic or Latino11.4%
Other / Two or More Races6.5%
Penrose, Colorado — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 81.6%Hispanic/Latino: 11.4%Other: 6.5%Other: 0.5%4,087PopulationWhiteWhite81.6%Hispanic/LatinoHispanic/Latino11.4%OtherOther6.5%OtherOther0.5%

Income & Economy

The median household income in Penrose is $88,109, which is 9.3% above the national median of $80,610. The per capita income is $57,572. The poverty rate is 11.3%.

$88,109
Median Household Income
$57,572
Per Capita Income
11.3%
Poverty Rate

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Education

In Penrose, 93.5% of residents age 25+ have a high school diploma or higher, and 31.4% hold a bachelor's degree or higher (15.6% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
31.4%
Graduate+
15.6%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher31.4%
Graduate or Professional Degree15.6%

Housing

The median home value in Penrose is $308,800, above the national median of $303,400. The median monthly rent is $1,321. The homeownership rate is 82.0%.

$308,800
Median Home Value
$1,321/mo
Median Rent
82.0%
Homeownership Rate
Housing Metric Value
Median Home Value$308,800
Median Monthly Rent$1,321
Homeownership Rate82.0%
Vacancy Rate9.1%

Salaries in Colorado

Explore salary data for popular occupations in Colorado:

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Other Cities in Colorado

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Frequently Asked Questions

What is the population of Penrose, Colorado?
The population of Penrose, Colorado is 4,087 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Penrose, Colorado?
The median household income in Penrose, Colorado is $88,109. This is 9.3% above the national median of $80,610.
What is the median home value in Penrose, Colorado?
The median home value in Penrose, Colorado is $308,800. The median monthly rent is $1,321.
What percentage of people in Penrose have a college degree?
In Penrose, Colorado, 31.4% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Penrose, Colorado an affordable place to live?
The home price-to-income ratio in Penrose, Colorado is 3.5x (median home value $308,800 vs. median income $88,109), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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