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CITY · 2010 ACS

Palmer Lake

Colorado · 2,420 residents · 3.092 sq mi
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The short version

Palmer Lake is wealthier than most US places, with a median household income of $59,261. Population has held roughly steady since 2000. 40% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value is $244,500.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 41.6
US median: 37.2
More educated
40% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
2,420
+11%since 2000
from 2,179 in 2000
1990 – 2025
Population density
783 / sq mi
+11%since 2000
from 705 / sq mi in 2000
US average: 261
Median age
41.6
+13%since 2000
from 36.7 in 2000
US average: 37.2
Population, 1990 – 2024
1K2K2K3K3K1990201020202024Palmer Lake
20243K
1990201020202024
Section 02

Income & economy

Median household income
$59,261
−11%inflation adjusted, since 2000
from $52,340 in 2000
US average: $52,703
1990 – 2024
Per capita income
$31,368
+23%since 2000
from $25,505 in 2000
US average: $27,286
Households earning $100K+
34.8%
−4.2 ptssince 2009
from 39.0% in 2009
US average: 33.3%
Poverty rate
12.9%
+6.4 ptssince 2000
from 6.5% in 2000
US average: 13.8%
Income inequality (Gini)
0.385
US average: 0.461
Workforce by industry, 2010
Wholesale trade10.3%
US avg: 7.2%
Retail trade8.7%
US avg: 10.9%
Information7.6%
US avg: 11.5%
Arts, entertainment, food6.8%
US avg: 2.4%
Other services4.8%
US avg: 7%
Public administration4.2%
US avg: 4.9%
Transportation & warehousing1.1%
US avg: 3.1%
Finance & insurance0.7%
US avg: 5.1%
Professional, scientific, technical0.7%
US avg: 4.2%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$244,500
+17%inflation adjusted, since 2000
from $164,600 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$1,029
+1%inflation adjusted, since 2000
from $803 in 2000
US average: $853
Owner-occupied
58.7%
−19.5 ptssince 2000
from 78.3% in 2000
22.6% rent
Vacancy rate
18.6%
−3.1 ptssince 2009
from 21.6% in 2009
US average: 12.1%
Owner cost-burdened
42.0%
+5.9 ptssince 2009
from 36.1% in 2009
US average: 30.9%
Renter cost-burdened
49.3%
−6.6 ptssince 2009
from 55.9% in 2009
US average: 46.8%
Afford Score
4.1
+31%since 2000
from 3.1 in 2000
1990 – 2024
RELATED:See current rent listings in Palmer Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic91.7%(1,998)
Black0%(1)
Hispanic / Latino4.9%(106)
Asian0.5%(11)
Other0%
Diversity Score13.2%(288)
2010
White, non-Hispanic88.3%(2,137)
Black0.5%(11)
Hispanic / Latino7%(169)
Asian0.6%(15)
Other2%(49)
Diversity Score23.6%(571)
Diversity Score
24
+78%since 2000
from 13 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
39.9%
+3.4 ptssince 2000
from 36.5% in 2000
US average: 27.9%
High school or higher
90.8%
−4.6 ptssince 2000
from 95.5% in 2000
US average: 84.9%
Graduate degree
14.8%
+2.3 ptssince 2000
from 12.4% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
23.4 min
+14%since 2000
from 20.5 min in 2000
US average: 25.2
Drive alone to work
81.6%
−5.4 ptssince 2009
from 87.0% in 2009
US average: 76.2%
Carpooled to work
4.5%
−0.8 ptssince 2009
from 5.3% in 2009
US average: 10.4%
Public transit
0.5%
Unchangedsince 2009
from 0.5% in 2009
US average: 4.7%
Worked from home
12.8%
+6.2 ptssince 2009
from 6.6% in 2009
US average: 4.1%
Walked to work
0.5%
Unchangedsince 2009
from 0.5% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
2.4%
−0.3 ptssince 2009
from 2.7% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
13.3%
+3.1 ptssince 2009
from 10.1% in 2009
US average: 12.9%
Management & professional
33.3%
−36.7 ptssince 2009
from 70.0% in 2009
US average: 35.2%
Section 08

People & community

Male
53.0%
+3.0 ptssince 2009
from 49.9% in 2009
Female
47.0%
−3.0 ptssince 2009
from 50.1% in 2009
Foreign born
6.0%
+4.0 ptssince 2009
from 1.9% in 2009
US average: 12.8%
Veterans
11.6%
−32.1 ptssince 2009
from 43.7% in 2009
US average: 9.9%
Drill deeper

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Compare Palmer Lake to nearby cities

PALMER LAKE VS
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Income$171,875+190%
Home value$771,900+216%
Population8,934+245%
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PALMER LAKE VS
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Income$128,816+117%
Home value$636,700+160%
Population13,813+433%
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PALMER LAKE VS
Woodland Park
Income$99,238+67%
Home value$549,200+125%
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PALMER LAKE VS
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Income$145,460+145%
Home value$856,200+250%
Population15,738+507%
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Frequently asked

How many people live in Palmer Lake, Colorado?

Palmer Lake, Colorado has about 2,420 residents according to the 2010 American Community Survey.

What is the median household income in Palmer Lake, Colorado?

The typical household in Palmer Lake, Colorado earns about $59,261 a year. Half of households make more than that, and half make less.

Is Palmer Lake, Colorado expensive?

In Palmer Lake, Colorado, the median home is worth about $244,500, and the typical rent is about $1,029 a month.

How educated are people in Palmer Lake, Colorado?

About 39.9% of adults age 25 and over in Palmer Lake, Colorado hold a bachelor's degree or higher.

What is the poverty rate in Palmer Lake, Colorado?

About 12.9% of people in Palmer Lake, Colorado live below the federal poverty line.

Has Palmer Lake, Colorado grown since 1990?

Yes, Palmer Lake, Colorado has grown since 1990. The population has added about 940 residents, a change of about 64 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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