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Penrose, CO

Full City Profile · Colorado · Fremont County County

3.2 /5.0
B Good
3,978 Population 223/sq mi density
$75,109 Median Income $49,774 per capita
$276,100 Home Value $388,681 Zillow
52°F Avg Temperature 330 sunny days/yr
182 Violent Crime/100K 1,381 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$75,109 median income, 4.6% unemployment
A+
Affordability
4.6 / 5.0
$276,100 home value, /mo rent
F
Safety
1.0 / 5.0
182 violent crimes/100K
B
Education
3.2 / 5.0
27.4% bachelor's degree or higher

Income Overview

Median Household Income
$75,109
0% below
US avg: $75,149
Per Capita Income
$49,774
27% above
US avg: $39,052
Unemployment Rate
4.6%
28% above
US avg: 3.6%
Poverty Rate
11.4%
8% below
US avg: 12.4%

Income Comparison: Penrose vs. U.S. Average

Each bar shows Penrose’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$75,109
100%
Per Capita
US: $39,052
$49,774
127%
IRS Avg AGI
US: $72,000
$59,878
83%
Avg Weekly Wage
US: $1,432
$1,062
74%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,062
26% below US avg ($1,432)
Mean Commute Time
29 min
6% above US avg (28 min)
Work From Home
11.0%
28% below US avg (15.2%)
Drive Alone
82.8%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,073M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82.8%
Public Transit 0%
Work From Home 11%
Other 6.2%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,124
Restaurants
103
Healthcare
98
Retail
126
Manufacturing
34

Tax & Financial

IRS Avg Adjusted Gross Income
$59,878
17% below US avg ($72,000)
Avg Property Tax
$2,296
34% below US avg ($3,500)
Cost of Living Index
103.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$75,109
Per Capita Income$49,774
IRS Avg Adjusted Gross Income$59,878
Avg Weekly Wage$1,062
County GDP$2,073M

Hardship Indicators

Unemployment Rate4.6%
Poverty Rate11.4%
Gini Coefficient0.467
Cost of Living Index103.1

Commute

Mean Commute29 minutes
Drive Alone82.8%
Public Transit0.0%
Work From Home11.0%

Businesses

Total Establishments1,124
Restaurants103
Healthcare98
Retail126
Manufacturing34

Tax

IRS Avg AGI$59,878
Avg Property Tax$2,296