Colorado · Metropolitan Area
Palmer Lake is a small town in Colorado with a population of 2,635. Residents earn $122,855 per year, which is 63% above the national average.
Based on current data, Palmer Lake receives an overall livability score of 4.7 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low crime rates, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. Palmer Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
The median household income in Palmer Lake is $122,855, which is significantly higher than the national average — 63% above $75,149. This places Palmer Lake among higher-income communities. Unemployment stands at 4.3%, indicating a healthy job market. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 27 minutes.
The median home value in Palmer Lake is $454,000, making it a premium housing market at 61% above the U.S. median of $281,900. Renters pay a median of $1,913 per month, significantly above the national average of $1,163. A price-to-income ratio of 3.7x indicates a reasonably affordable housing market.
Palmer Lake is a very safe community with a violent crime rate of 0 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 0 per 100,000, 100% below the national average.
Educational attainment is solid, with 46.3% holding a bachelor's degree or higher, near the national average. 97.6% have completed high school. Area schools have an average test score of 5.9/10.
Palmer Lake experiences four distinct seasons with an average temperature of 47°F. Winters average 29°F in January while summers reach 68°F in July. Annual precipitation totals 22.5 inches, including 121.1 inches of snow. Air quality is rated Good with a median AQI of 41.
| English Only | 89.2% |
| 14% above US avg | |
| Spanish | 10.8% |
| 19% below US avg |
| Median HH Income | $122,855 |
| 63% above US avg | |
| Per Capita Income | $51,872 |
| Avg Weekly Wage | $1,634 |
| IRS Avg AGI | $146,479 |
| Unemployment | 4.3% |
| 19% above US avg | |
| Poverty Rate | 0.0% |
| 100% below US avg | |
| Establishments (County) | 16,132 |
| County GDP | $31,178M |
| Restaurants | 647 |
| Healthcare | 1,115 |
| Retail | 955 |
| Manufacturing | 156 |
| Property Tax (IRS) | $5,238 |
| 50% above US avg | |
| Effective Tax Rate | 1.15% |
| Commute Time | 27.3 min |
| Work from Home | 21.3% |
| Census Median | $454,000 |
| 61% above US avg | |
| Zillow ZHVI | $528,830 |
| Median List Price | $605,250 |
| Median List Price | $605,250 |
| $/Sq Ft | $0 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 21.1% |
| Inventory | 19 |
| Census Median Rent | $1,913 |
| 64% above US avg |
| Studio | $1,083 |
| 1 Bedroom | $1,161 |
| 2 Bedrooms | $1,429 |
| 3 Bedrooms | $1,861 |
| 4 Bedrooms | $2,178 |
| Owner-Occupied | 88.2% |
| Avg Tax (IRS) | $5,238 |
| 50% above US avg | |
| Effective Rate | 1.15% |
| Obesity | 25.9% |
| 19% below US avg | |
| Diabetes | 6.9% |
| Heart Disease | 4.3% |
| High Blood Pressure | 25.3% |
| Asthma | 11.4% |
| COPD | 4.4% |
| Stroke | 2.3% |
| Binge Drinking | 18.5% |
| Physical Inactivity | 15.5% |
| Depression | 25.9% |
| Mental Distress | 17.1% |
| Physical Distress | 11.4% |
| Insurance Rate | 98.5% |
| Checkup Rate | 73.3% |
| Premature Death | 4,121/100K |
| Food Environment | 9.6/10 |
| Exercise Access | 91.3% |
| Healthcare Facilities | 1,115 |
| Total Violent | 0.0/100K |
| 100% below US avg | |
| Murder | 0.0/100K |
| 100% below US avg | |
| Rape | 0.0/100K |
| Robbery | 0.0/100K |
| Assault | 0.0/100K |
| Total Property | 0.0/100K |
| 100% below US avg | |
| Burglary | 0.0/100K |
| Theft | 0.0/100K |
| Vehicle Theft | 0.0/100K |
| Arson | 0.0/100K |
| Fatal Crashes (County/yr) | 24 |
| Annual Average | 46.5°F |
| 14% below US avg | |
| January Average | 29°F (-2°C) |
| July Average | 68°F (20°C) |
| Annual Rainfall | 22.5 inches |
| 41% below US avg | |
| Snowfall | 121.1 inches/yr |
| AQI Median | 41.0 |
| Rating | Good |
| Elevation | 7,138 ft (2,176 m) |
| Area | 3.1 sq mi (8.0 km²) |
| Population Density | 853/sq mi |
| Coordinates | 39.1158°N, 104.9092°W |
| County FIPS | 08035 |
Winner: Republican by 7 points
| Bachelor's Degree+ | 46.3% |
| 37% above US avg | |
| High School+ | 97.6% |
| School Test Score | 5.90 |
| RUCC Code 1 | Metro — 1 million+ |
| Population Density | 853/sq mi |
| Total Area | 3.1 sq mi |
| EV Charging Stations | 2 |
| Alt Fuel Stations | 2 |
| Public Libraries | 7 |
| Healthcare Facilities | 1,115 |
| Restaurants | 647 |
| Retail Stores | 955 |
| Fatal Crashes (County/yr) | 24 |
| Avg Commute | 27.3 min |
| Work from Home | 21.3% |