ZIP Code 81240
standardSource:
Penrose · Fremont County · Colorado
- Population
- 4,323
- Median income
- $90,417
- Median home value
- $341,400
- Bachelor's or higher
- 34.8%
- Land area
- 386.0 sq mi
11/sq mi
▲ 19% vs US
higher than 73% of US ZIPs
▲ 23% vs US
higher than 72% of US ZIPs
Median age 43.2
Denver
ZIP code 81240 in Penrose, Colorado has a population of 4,323. The median household income is $90,417, which is 19% above the national average. Median home value is $341,400, 23% above the US average. 34.8% of residents hold a bachelor's degree or higher.
ZIP code 81240 is classified by USPS as a standard delivery area and covers roughly 386.0 square miles in Penrose, Fremont County, Colorado. The area is home to 4,323 residents, producing a population density of 11 people per square mile, and falls within the Denver time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 81240 against Colorado and the nation.
On the economic side, the median household income for ZIP 81240 sits at $90,417 (2% above the Colorado average), while per-capita income is $59,442. The poverty rate stands at 9.6% and the unemployment rate at 5.6%. On housing, the median home value is $341,400 (30% below the state average) with median rent at $1,252 per month, and 81.0% of occupied units are owner-occupied, a direct signal of whether 81240 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 34.8% of adults hold a bachelor's degree or higher, the median age is 43.2, and the average commute is 26 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Fremont County, so you can benchmark 81240 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 81240
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 81240.
- Construction
Construction
21 establishments
- Other services (except public administration)
Other services (except public administration)
12 establishments
- Retail trade
Retail trade
11 establishments
- Manufacturing
Manufacturing
10 establishments
- Wholesale trade
Wholesale trade
10 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 81240, Penrose, CO · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
4,323
Population
386.0
Area (sq mi)
11
People / sq mi
Denver
Time Zone
standard
ZIP Type
Who lives in ZIP 81240?
43.2
Median Age
52.5%
Male
47.5%
Female
1.1%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$90,417
Median Household Income
+2% vs state
$59,442
Per Capita Income
9.6%
Poverty Rate
5.6%
Unemployment Rate
26.3 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
2,004
Total Housing Units
1,759
Occupied Units
245
Vacant Units
2.72
Avg Household Size
Occupancy Type
$341,400
Median Home Value
-30% vs state
$1,252
Median Rent
1986
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+14.6%
YoY Change (2024)
298
HPI Index (2000 = 100)
+198%
Total Change Since 2000
Home values in ZIP 81240 have increased 14.6% over the past year (2024). Since 2000, this ZIP has seen +198% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.8% | 184 |
| 2021 | +9.0% | 200 |
| 2022 | +29.9% | 260 |
| 2023 | -0.0% | 260 |
| 2024 | +14.6% | 298 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 103 business establishments in ZIP 81240, employing approximately 590 people with a combined annual payroll of $24,800,000.
103
Businesses
590
Employees
$24.8M
Annual Payroll
10
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 21 | 20.4% |
| Other services (except public administration) | 12 | 11.7% |
| Retail trade | 11 | 10.7% |
| Manufacturing | 10 | 9.7% |
| Wholesale trade | 10 | 9.7% |
| Professional, scientific, and technical services | 8 | 7.8% |
| Accommodation and food services | 7 | 6.8% |
| Transportation and warehousing | 6 | 5.8% |
| Administrative and support and waste management and remediation services | 6 | 5.8% |
| Health care and social assistance | 3 | 2.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 81240 vs 81221 →
More ZIP Codes in Fremont County
Related Areas
Frequently Asked Questions
What county is ZIP code 81240 in? ▼
What is the population of ZIP code 81240? ▼
What is the median household income in ZIP 81240? ▼
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What is the demographic makeup of ZIP 81240? ▼
How many businesses are in ZIP code 81240? ▼
What are the main industries in ZIP code 81240? ▼
How have home values changed in ZIP code 81240? ▼
What is the education level in ZIP code 81240? ▼
What is the average commute time in ZIP 81240? ▼
What percentage of residents own vs. rent in ZIP 81240? ▼
What is the poverty rate in ZIP code 81240? ▼
ZIP Code Research Guides
Official Data Resources for Penrose, CO
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.