At a Glance
Median Income
$122,855
$51,872 per capita
Home Value
$454,000
Zillow: $528,830
Median Rent
$1,913/mo
22.5% of income on rent
Violent Crime
0/100K
0/100K property
Bachelor's Degree+
46.3%
97.6% high school+
Unemployment
4.3%
0.0% poverty rate
Obesity Rate
25.9%
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)
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.