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Penrose CDP, Colorado Demographics & Population 2026

As of 2026, Penrose CDP, Colorado has a total population of 3,978, the 128th largest city in Colorado, with a median household income of $75,109, which is 19% lower than the state average. The poverty rate is 12.2%.

Key Takeaways

Penrose CDP Quick Facts

Population 3,978
Median Household Income $75,109
Median Home Value $276,100
Poverty Rate 12.2%
Unemployment Rate 9.0%
Median Age 44.6 years
Homeownership Rate 83.9%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 27.4%
High School Graduation Rate 97.2%
Diversity Index 20/100
Population 3,978 128th of 471
Median Income $75,109 average
Poverty Rate 12.2% 2% lower national
Median Home Value $276,100 below average

How Penrose CDP Compares

Economy & Housing

Employment

9.0% Unemployment Rate State: 4.5% | National: 5.2%
52.9% Labor Force Participation

Housing Overview

Owner 83.9%
Renter 16.1%
Affordability Index Affordable
3.7x home value to income ratio

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 60

Education

Penrose CDP Rankings in Colorado

#128 Population of 471
#221 Median Income of 471
#256 Education of 471
#275 Home Value of 471

Cities Similar to Penrose CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lincoln Park CDP4,315$64,750$272,00022.6%19.5%
El Jebel CDP3,935$100,518$854,30050.2%9.6%
Florence city3,870$57,239$228,30019.7%15.0%
Glendale city4,546$68,952$398,80052.0%15.5%
Basalt town3,995$106,000$1,148,10059.3%4.2%

Population Overview

Penrose CDP is a small community located in Colorado. The total population is 3,978. It ranks as the 128th most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Penrose CDP is 44.6 years. This is 19% higher than the state median of 37.5 years.

Economy, Income & Housing

The median household income in Penrose CDP is $75,109. This is 19% lower than the state median of $92,470. Compared to the national median of $78,538, household income here is 4% lower. The poverty rate stands at 12.2%. This is 30% higher than the state poverty rate of 9.4%. The unemployment rate is 9.0%. This is 100% higher than the state rate of 4.5%. The median home value is $276,100. Housing costs are 45% lower than the state median of $502,200. The home-value-to-income ratio is 3.7x. 83.9% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 66.3%.

Race & Ethnicity

Penrose CDP has a predominantly White (non-Hispanic) population, comprising 89.3% of all residents. Hispanic or Latino residents account for 6.6%. The Hispanic or Latino population (6.6%) is well below the state average of 22.2%.

Education

27.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 44.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.2%.

Data Sources & Methodology

All demographic data for Penrose CDP, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 471 Census-designated places in Colorado. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Penrose CDP, Colorado?

Penrose CDP, Colorado has a population of 3,978 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Penrose CDP, CO?

The median household income in Penrose CDP is $75,109, which is 4% lower the national median of $78,538.

What is the poverty rate in Penrose CDP, CO?

The poverty rate in Penrose CDP is 12.2%. This means approximately 484 residents live below the federal poverty line.

What is the racial makeup of Penrose CDP, Colorado?

Penrose CDP's population is 89.3% White, 0.0% Black, 6.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Penrose CDP, CO?

The median home value in Penrose CDP is $276,100. The home-value-to-income ratio is 3.7x.

How educated is Penrose CDP, Colorado?

27.4% of adults (25+) in Penrose CDP hold a bachelor's degree or higher, and 9.7% hold a graduate or professional degree.