HomeColoradoFremont CountyPenrose CDP
Penrose CDP, Colorado: commercial real estate data.
Penrose CDP is a Census CDP of 4,087 people across 17.85 square miles of land, in Fremont County. Median household income is $88,109, 82.0 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $7.1 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Penrose
What Penrose is
- Census place typeCDP
- Land area17.85 sq mi
- Water area0 sq mi
- Population per square mile of land229
- County holding the largest share of its areaFremont County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penrose
How many people live in Penrose
- Population4,087
- Median age43.7
- Population under 18887 plus or minus 250
- Share under 1821.7 percent plus or minus 4.8
- Population 65 and over836
- Share 65 and over20.5 percent
- Households1,475
- Family households963
- Share of households that are families65.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penrose
Income and work in Penrose
- Median household income$88,109
- Per capita income$57,572 plus or minus $24,978
- Civilian labor force1,617
- Employed1,502 plus or minus 300
- Unemployed115 plus or minus 90
- Unemployment rate7.1 percent plus or minus 5.4
- Adults 25 and over2,996
- Adults 25 and over with a high school diploma or higher93.5 percent
- Adults 25 and over with a bachelor degree or higher31.4 percent plus or minus 7.2
- Adults 25 and over with a graduate degree15.6 percent plus or minus 5.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penrose
Housing in Penrose
- Housing units1,622
- Occupied units1,475
- Vacant units147 plus or minus 117
- Vacancy rate9.1 percent plus or minus 7.1
- Owner occupied1,209
- Renter occupied266 plus or minus 100
- Ownership rate82.0 percent
- Median owner-occupied home value$308,800
- Median gross rent, monthly$1,321 plus or minus $482
- Annual rent as a share of median income18.0 percent plus or minus 7.5
- Single family units974
- Share single family60.0 percent
- Units in buildings of two or more66 plus or minus 60
- Share in buildings of two or more4.1 percent plus or minus 3.6
- Mobile homes582 plus or minus 179
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penrose
How Penrose gets to work
- Workers 16 and over who commute1,180 plus or minus 263
- Commuting under 15 minutes281 plus or minus 125
- Share commuting under 15 minutes23.8 percent plus or minus 9.1
- Commuting 30 minutes or more244 plus or minus 106
- Share commuting 30 minutes or more20.7 percent plus or minus 7.7
- Drove alone74.4 percent
- Carpooled1.6 percent plus or minus 2.0
- Public transport0.0 percent
- Walked1.6 percent plus or minus 2.4
- Worked from home22.5 percent plus or minus 6.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Penrose
SBA loans in Penrose (7(a))
- Approvals6
- Gross approval$7,125,000
- Average approval$1,187,500
- Median approval$700,000
- Ninetieth percentile approval$5,000,000
- Largest approval$5,000,000
- Jobs supported88
- Jobs per approval14.7
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term126 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Fremont County, not Penrose
Fremont County context, not Penrose figures
These are Fremont County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Penrose measurements.
- Establishments in Fremont County938
- Employment at those establishments, Fremont County8,603
- Covered employment, Fremont County14,574
- Average annual pay, Fremont County$55,243
- Average weekly wage, Fremont County$1,062
- Housing units permitted, Fremont County134
- Of those, single family, Fremont County134
- County product, 2024, Fremont County$2,072,525,000
- County product change over the prior year, Fremont County5.8 percent
- Average income of an arriving household, Fremont County$56,396
Every figure in this section is published for Fremont County as a whole and is not a measurement of Penrose. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Penrose questions, answered from the record.
How many people live in Penrose, Colorado?
4,087, in 1,475 households. Penrose CDP covers 17.85 square miles of land, which is 229 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Penrose in?
Fremont County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Penrose?
$88,109. The median owner-occupied home is valued at $308,800. Median gross rent is $1,321 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Penrose businesses?
6 7(a) approvals totalling $7.1 m, across 4 lenders, median approval $700,000. These count approvals to borrowers whose address is in Penrose, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Penrose borrowers get paid back?
No rate is published for Penrose. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Penrose figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Fremont County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Penrose.
Is zoning published for Penrose?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.