Median Income
$77,286
household / year
Median Home Value
$284,700
owner-occupied
Median Rent
$1,218
gross / month
Cost of Living
98
national avg = 100

Is Penrose, CO a Good Place to Live?

Penrose is a small town of 3,900 in Colorado, with a median household income of $77,286 and a 8.5% unemployment rate. Its cost of living index is 98 (US average = 100), which is 2% below the national average.

Strengths: Penrose stands out for solid school ratings (B+).

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Penrose is right for you depends on your priorities — the full breakdown is below.

All Penrose city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 98.1

Penrose's overall cost of living index is 98.1, where 100 represents the US national average. Living in Penrose costs roughly 2% less than the average American city.

Metric Penrose, CO National Avg
Median Home Value $284,700 $244,900
Median Monthly Rent $1,218 $1,163
Homeownership Rate 83.4% 65.9%
Median Household Income $77,286 $74,755

Crime & Safety

Very Safe

Penrose's violent crime rate is 83.6 per 100,000 residents — 78% lower than the national average of ~380 per 100,000.

Violent Crime
83.6 /100k
Property Crime
434.8 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Penrose is served primarily by Fremont Re-2. The student-to-teacher ratio is 15.1:1 (better than the national average of ~16:1).

Metric Penrose, CO National Avg
School District Fremont Re-2
Elementary Schools 2
Middle Schools N/A
High Schools 1
Student/Teacher Ratio 15.1:1 16:1
Bachelor's Degree or Higher 33.9% 35.4%
High School Diploma or Higher 96.3% 91.1%

Weather & Climate

Penrose sees average highs of 49.4°F in January and 89.2°F in July, with 14.8 inches of annual precipitation and 38.3 inches of snow per year.

MetricPenrose, CO
Average High — January49.4°F
Average High — July89.2°F
Annual Precipitation14.8"
Annual Snowfall38.3"

Demographics

MetricPenrose, CONational Avg
Population3,900
Median Age41.238.9
Unemployment Rate8.5%3.7%
Avg Commute Time37.2 min26 min
White (non-Hispanic)94.4%59.3%
Black or African American0.0%13.6%
Hispanic or Latino2.7%18.9%
Asian0.0%6.3%
Under 1826.3%22.2%
65 and over17.7%16.8%

Nearby Cities

ZIP Codes in Penrose

Penrose, CO is covered by 1 ZIP code:

Penrose vs Other Cities

Frequently Asked Questions

Penrose's cost of living index is 98, where 100 is the national average. That makes Penrose roughly 2% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $284,700 and median rent is $1,218/month.
Penrose's violent crime rate is 83.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 434.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Penrose are operated by Fremont Re-2. The district has 2 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 15.1:1. 33.9% of adults 25+ hold a bachelor's degree or higher.
Penrose, CO has a population of 3,900, a median household income of $77,286, and an unemployment rate of 8.5%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Penrose averages 49.4°F in January and 89.2°F in July. Annual rainfall is 14.8 inches with about 38.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Penrose, CO is covered by 1 ZIP code: 81240.
The population of Penrose, Colorado is 3,900 with a median age of 41.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Penrose: cost of living index 98 (100 = US average), median home $284,700, median household income $77,286, crime index 21 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Penrose side by side with your current city to see the trade-offs.