Palmer Lake, CO
Full City Profile · Colorado · Douglas County County
Palmer Lake, CO
At a Glance
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)
Is Palmer Lake a Good Place to Live?
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 6.5% (81% 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 $529,238. 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 156 violent crimes per 100,000 residents , which is 59% below the national average of 380/100K. Property crime is 936/100K.
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. Annual precipitation totals 21.4 inches. Air quality is rated Good with a median AQI of 48.