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Penrose, CO

Did you know that there is a penrose CO real estate market? It is not an incorporated city, but a post office and census-designated place located in Fremont County, Colorado. Penrose is part of the Caon City, CO Micropolitan Statistical Area. Penrose has a ZIP code of 81240. If you’d like to buy property in Penrose CO, you have many options. Listed below are some things to look for.

The median age of residents in Penrose, CO is 47. This number is lower than the national average, but higher than many other cities in Colorado. Penrose’s median income is $318,500, and the average home value is $429,000. The last decade has seen a growth of 8.6% in home values. Despite the increasing income, Penrose CO still has a low rate of home ownership. However, it is still an affordable community to own a home.

Whether or not your children attend school in Penrose, CO is an important factor when buying a home in this city. Listed below are the median household income and net worth in Penrose, CO. These figures are based on the Census Bureau’s 2011 American Community Survey data. Penrose CO is located within Fremont County, CO, one of the 20 states that maintain Census County Divisions. Penrose CO is part of the Penrose-Portland Division.

There are several places in Penrose that are worth visiting. Penrose is a great place for families. The crime rate is low and there are no major issues with safety. Penrose is also popular with retirees. Penrose CO real estate is predominantly single-family homes. While this city may not be perfect, the positives make it worth considering. The penrose CO real estate market offers a variety of amenities. In addition to the Penrose CO real estate market, you can find many other types of real estate in Penrose.

For history buffs, Penrose CO has plenty to offer. The Penrose Heritage Museum showcases local history and heritage. Visitors to the museum can see the personal artifacts of Spencer and Julie Penrose. Their legacy included construction of the Pikes Peak Auto Highway in 1916 and the Pikes Peak International Hill Climb in 1926. Other notable events in Penrose include the Broadmoor Hotel, the Colorado Springs Fine Arts Center, and the Pikes Peak or Bus Rodeo.

The median property value in Penrose, CO was $195,000 in 2019. This is nearly 0.811 times lower than the national average. Homeownership was 80.8% in 2019. And there are 2.7k people per square mile of this town. Most Penrose, CO residents commute to work alone, so they tend to drive to work by car. Nearly 10% of Penrose CO residents own a car, which is a good number considering the small population.