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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

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 Rate4.3%
Poverty Rate0.0%
Gini Coefficient0.398
Cost of Living Index103.1

Commute

Mean Commute27 minutes
Drive Alone76.5%
Public Transit0.0%
Work From Home21.3%

Businesses

Total Establishments16,132
Restaurants647
Healthcare1,115
Retail955
Manufacturing156

Tax

IRS Avg AGI$146,479
Avg Property Tax$5,238