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
Income Overview
Median Household Income
$122,855
63% above
US avg: $75,149
Per Capita Income
$51,872
33% above
US avg: $39,052
Unemployment Rate
4.3%
19% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Palmer Lake vs. U.S. Average
Each bar shows Palmer Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$122,855
163%
Per Capita
US: $39,052
$51,872
133%
IRS Avg AGI
US: $72,000
$146,479
203%
Avg Weekly Wage
US: $1,432
$1,634
114%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,634
14% above US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
21.3%
40% above US avg (15.2%)
Drive Alone
76.5%
4% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$31,178M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
76.5%
Public Transit
0%
Work From Home
21.3%
Other
2.2%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
16,132
Restaurants
647
Healthcare
1,115
Retail
955
Manufacturing
156
Tax & Financial
IRS Avg Adjusted Gross Income
$146,479
103% above US avg ($72,000)
Avg Property Tax
$5,238
50% above US avg ($3,500)
Cost of Living Index
103.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $122,855 |
| Per Capita Income | $51,872 |
| IRS Avg Adjusted Gross Income | $146,479 |
| Avg Weekly Wage | $1,634 |
| County GDP | $31,178M |
Hardship Indicators
| Unemployment Rate | 4.3% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.398 |
| Cost of Living Index | 103.1 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 76.5% |
| Public Transit | 0.0% |
| Work From Home | 21.3% |
Businesses
| Total Establishments | 16,132 |
| Restaurants | 647 |
| Healthcare | 1,115 |
| Retail | 955 |
| Manufacturing | 156 |
Tax
| IRS Avg AGI | $146,479 |
| Avg Property Tax | $5,238 |
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