Penrose, CO Profile: Facts & Data

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Penrose, Colorado - Basic Facts

The Penrose CDP(1) had a population of 3,782 as of July 1, 2023. Penrose ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.

The primary coordinate point for Penrose is located at latitude 38.425 and longitude -105.0228 in Fremont County. The formal boundaries for the Penrose Census Designated Place encompass a land area of 17.85 sq. miles and a water area of 0 sq. miles. Fremont County is in the Mountain time zone (GMT -7).

The Penrose Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Penrose Census Designated Place is located within Penrose-Portland Division of Fremont County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Penrose 2023 Demographic Data
  2. Growth Rates for Penrose (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Colorado Research Tools (Easy Tools & Current Data)
  3. Colorado Data Comparison Tool - 2023 Demographics
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Penrose, CO Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 3,782 (100%)
Population in Households 3,782 (100.0%)
Population in Families 3,180 (84.1%)
Population in Group Quarters1 0
Population Density 212
Diversity Index2 36
 
 

INCOME

Median Household Income $82,937
Average Household Income $113,083
% of Income for Mortgage4 24%
Per Capita Income $45,897
Wealth Index5 117
Socioeconomic Status Index6 Moderate (51.0)
 

HOUSING

Total HU (Housing Units) 1,640 (100%)
Owner Occupied HU 1,299 (79.2%)
Renter Occupied HU 236 (14.4%)
Vacant Housing Units 105 ( 6.4%)
Median Home Value $329,762
Average Home Value $348,422
Housing Affordability Index3 110
 

HOUSEHOLDS

Total Households 1,535
Average Household Size 2.46
Family Households 1,106
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.80% 0.21%
Households 0.82% 0.53%
Families   0.36%
Median Household Income   2.71%
Per Capita Income   3.48%
Owner Occupied HU   0.94%

Penrose, CO - Peer Comparisons by Rank and Percentile

The table below compares Penrose to the other 482 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 133 73rd
Population Density # 374 23rd
Median Household Income # 181 63rd
Housing Affordability Index # 427 89th
Per Capita Income # 195 60th
Diversity Index # 335 31st

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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