Penrose, CO Profile: Facts & Data

Advertisement

Penrose Local Links & Resources:
Resources | ALL Penrose Content
Planning to visit Penrose? See Local Hotels

Also See: Penrose, CO ZIP Codes & ZIP Code Maps

Penrose, Colorado - Basic Facts

The Penrose Census Designated Place had a population of 3,714 as of July 1, 2020. 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 elevation is 5,335 feet.

The Penrose Census Designated Place (GNIS ID: 2409053) 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.


Advertisement

Penrose, CO Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 3,714 (100%)
Population in Households 3,709 (99.9%)
Population in Families 3,085 (83.1%)
Population in Group Quarters1 5 ( 0.1%)
Population Density 208
Diversity Index2 28
 
 

INCOME

Median Household Income $58,760
Average Household Income $72,915
% of Income for Mortgage4 13%
Per Capita Income $29,463
Wealth Index5 79
 

HOUSING

Total HU (Housing Units) 1,621 (100%)
Owner Occupied HU 1,229 (75.8%)
Renter Occupied HU 284 (17.5%)
Vacant Housing Units 108 ( 6.7%)
Median Home Value $188,655
Average Home Value $217,967
Housing Affordability Index3 192
 

HOUSEHOLDS

Total Households 1,513
Average Household Size 2.45
Family Households 1,081
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 0.35% 0.44%
Households 0.39% 0.45%
Families 0.34% 0.39%
Median Household Income   1.74%
Per Capita Income   2.3%
Owner Occupied HU   0.48%

Advertisement

Penrose, CO - Peer Comparisons by Rank and Percentile

The table below compares Penrose to the other 459 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2020 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 # 131 72nd
Population Density # 364 21st
Median Household Income # 249 46th
Housing Affordability Index # 397 86th
Per Capita Income # 282 39th
Diversity Index # 303 34th

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

Penrose, CO - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Colorado Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2020, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Colorado Census Data Comparison Tool

Compare Colorado July 1, 2020 Data
Data:
Locations:
Highest or Lowest:
Results:

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Colorado COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.


Advertisement