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Palmer Lake, CO

Full City Profile · Colorado · Douglas County County

4.7 /5.0
A+ Excellent
2,635 Population 853/sq mi density
$122,855 Median Income $51,872 per capita
$454,000 Home Value $528,830 Zillow
$1,913 Median Rent 22.5% income on rent
47°F Avg Temperature 326 sunny days/yr
A+
Overall
4.7 / 5.0
Strong
A+
Economy
4.7 / 5.0
$122,855 median income, 4.3% unemployment
A+
Affordability
4.6 / 5.0
$454,000 home value, $1,913/mo rent
A+
Education
4.7 / 5.0
46.3% bachelor's degree or higher

Palmer Lake, CO

At a Glance

Median Income
$122,855
63% above
$51,872 per capita
Home Value
$454,000
61% above
Zillow: $528,830
Median Rent
$1,913/mo
64% above
22.5% of income on rent
Violent Crime
0/100K
100% below
0/100K property
Bachelor's Degree+
46.3%
37% above
97.6% high school+
Unemployment
4.3%
19% above
0.0% poverty rate
Obesity Rate
25.9%
19% below
9.6% smoking rate
Avg Temperature
47°F
326 sunny days/yr

How Palmer Lake Compares to the U.S. Average

Each bar shows Palmer Lake's value as a percentage of the national average (100% = U.S. avg)

Income
163%
Home Value
161%
Rent
164%
Poverty
0%
Bachelor's
137%
Unemployment
119%
Crime
0%
Thin vertical line = U.S. national average (100%)

Is Palmer Lake a Good Place to Live?

A+
4.7 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palmer Lake residents earn a median household income of $122,855 , which is 63% above the national average of $75,149. Per capita income is $51,872. The unemployment rate stands at 4.3% (19% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 16,132 business establishments, including 647 restaurants.

Housing & Cost of Living

The median home value in Palmer Lake is $454,000 , 61% above the national median of $281,900. Zillow estimates the typical home at $528,830. Median rent is $1,913/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 103.1 (100 = national average). The median home was built in 1983.

Safety & Crime

Palmer Lake reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 0/100K. The murder rate is 0.0/100K.

Education

46.3% of adults in Palmer Lake hold a bachelor's degree or higher (37% above the national average). 97.6% have completed high school. Local schools score 7.1/10 in standardized testing.

Climate & Weather

Palmer Lake has an average annual temperature of 47°F (8°C). Winters average 29°F in January while summers reach 68°F in July. The area gets 326 sunny days per year. Annual precipitation totals 22.5 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population2,635
Median Age49.4 yrs
Density853/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans11.7%

Economy

A+
Median Income$122,855
Per Capita$51,872
Unemployment4.3%
Poverty0.0%
County GDP$31,178M
Avg Weekly Wage$1,634

Housing

A+
Home Value$454,000
Rent$1,913
Ownership88.2%
Zillow$528,830
Housing Units1,141
Rent Burden22.5%

Crime

Violent0/100K
Property0/100K
Murder0.0/100K
Assault0/100K
Burglary0/100K

Health

Obesity25.9%
Diabetes6.9%
Smoking9.6%
Heart Disease4.3%
Premature Death4,121/100K

Climate

Avg Temp47°F
Sunny Days326/yr
Rain22.5 in/yr
AQI41 (Good)
Elevation7,138 ft

Education

A+
Bachelor's+46.3%
High School+97.6%
Graduate+14.2%
School Score7.1/10

Community

2024 VoteR 52% / D 45%
Commute27 min
Broadband97.8%
Internet Speed116 Mbps
EV Stations2
Libraries7

Did You Know?

The median home in Palmer Lake was built in 1983.
21.3% work from home.
The nearest airport is Denver International (53 miles).
The Gini coefficient (income inequality) is 0.398 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
17.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 116 Mbps.
There are 647 restaurants in the area.
The county recorded 24 fatal vehicle crashes.