Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.1 yrs |
|---|---|
| Avg HH Size | 2.47 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 56.3% ▲ 45% above avg |
| Unemployment | 6.7% ▲ 36% above avg |
| No HS Diploma | 21 (1.1%) |
| HS Graduate | 284 (14.8%) |
| Some College | 145 (7.6%) |
| Associates | 388 (20.2%) |
| Bachelors | 222 (11.6%) |
| Graduate Degree | 857 (44.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $122,941 ▲ 61% above avg |
|---|---|
| Median Home Value | $452,500 ▲ 62% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,913/mo |
| Total Housing Units | 1,065 |
| Vacant Units | 61 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palmer Lake is a city in Colorado, located in El Paso County. The city spans 1 ZIP code and is home to approximately 2,480 residents. It is a mature city, with a median age of 49.1 years.
Economically, Palmer Lake is a upper-middle-income community. The median household income of $122,941 is significantly above the national average. Approximately 3.6% of residents live below the poverty line. The unemployment rate is 6.7%, above the national average.
The real estate market in Palmer Lake is a premium housing market. Median home values stand at $452,500, which is significantly above the national average. Renters typically pay around $1,913 per month. Homeownership is high at 87.6%, typical of suburban and family-oriented communities.
The population of Palmer Lake is well-educated. 56.3% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (80.65%).
Palmer Lake, CO offers residents above-average earning potential within Colorado.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 80133 | 2,480 | $122,941 | $452,500 | $1,913 | 6.7% | 56.3% | 87.6% |