| ZIP Code | 81240 |
|---|---|
| City | Penrose |
| State | Colorado (CO) |
| County | Fremont County |
| Area Code | 719 |
| Elevation | 5,449 ft |
| Latitude | 38.500352 |
|---|---|
| Longitude | -105.034304 |
| Timezone | Denver (DST) |
| FIPS | 08043 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.5 yrs ↓ 11% since 2019 |
|---|---|
| Avg Household Size | 2.82 |
| Below Poverty | 10.7% ≈ Avg |
| College Grads | 36.9% ≈ Avg |
| Unemployment | 7.3% ▲ 50% above avg |
| HS Graduate | 892 (29.3%) |
| Some College | 646 (21.2%) |
| Associates | 383 (12.6%) |
| Bachelors | 250 (8.2%) |
| Graduate Degree | 872 (28.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,514 ≈ Avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $282,300 ≈ Avg ↑ 38% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,364/mo ↑ 27% since 2019 |
| Total Units | 1,857 |
| Vacant Units | 254 |
| Avg HH Size | 2.82 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,857 |
|---|---|
| Vacant | 254 |
| Owner Occupied | 82.3% |
| Renter Occupied | 17.7% |
| Avg HH Size | 2.82 |
ZIP code 81240 is located in Penrose, Colorado, within Fremont County. With a population of 4,533, this is a lightly populated ZIP code with a middle-aged community — the median age is 43.5 years. Economically, 81240 is a middle-income ZIP code: the median household income of $79,514 is near the national average.
Real estate in ZIP code 81240 represents a mid-range housing market. The median home value of $282,300 is near the national average. Renters can expect to pay around $1,364 per month in median rent. Homeownership is strong here — 82.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 38% since 2019.
The population of 81240 is primarily White (89.98%). Residents are moderately educated — 36.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.7%. Household income has grown by 18% since 2019.
The unemployment rate in 81240 stands at 7.3%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 81240 in Penrose, CO is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 4,533 residents, a median household income of $79,514, and a median home value of $282,300, it offers a clear picture of life in this part of Colorado.