Palmer Lake is a town located in El Paso County Colorado. Palmer Lake has a 2024 population of 2,562. Palmer Lake is currently declining at a rate of -0.97% annually and its population has decreased by -3.72% since the most recent census, which recorded a population of 2,661 in 2020.
The average household income in Palmer Lake is $115,397 with a poverty rate of 3.07%. The median age in Palmer Lake is 54.5 years: 50.5 years for males, and 55.6 years for females.
According to the most recent ACS, the racial composition of Palmer Lake was:
Race | Population | Percentage (of total) |
|---|---|---|
| White | 2,337 | 88.46% |
| Two or more races | 185 | 7% |
| Other race | 78 | 2.95% |
| Black or African American | 31 | 1.17% |
| Asian | 11 | 0.42% |
| Native American | 0 | 0% |
| Native Hawaiian or Pacific Islander | 0 | 0% |
White
Two or more races
Other race
Black or African American
Asian
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 1,107 | 2.38 | 92.1 | 7.9 |
| Married | 730 | 2.7 | 95.5 | 4.5 |
| Non Family | 288 | 1.28 | 87.8 | 12.2 |
| Female | 65 | 3.14 | 70.8 | 29.2 |
| Male | 24 | 3.75 | 100 | 0 |
2.72
Average Family Size
2.38
Average Household Size
92.1%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 30 | 1.4% |
| Associates Degree | 292 | 13.59% |
| Bachelors Degree | 531 | 24.72% |
| Graduate Degree | 305 | 14.2% |
| High School Graduate | 373 | 17.36% |
| Less Than 9th Grade | 18 | 0.84% |
| Some College | 599 | 27.89% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 1,837 | 1,789 | 741 |
| Hispanic | 199 | 199 | 73 |
| 2+ Races | 113 | 113 | 65 |
| Other Race | 78 | 78 | 0 |
| Black | 7 | 7 | 0 |
| Asian | 7 | 7 | 0 |
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among 2+ races people with a rate of 57.52%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $43,859 | $0 | $43,696 |
| Graduate Degree | $86,375 | $97,321 | $0 |
| High School Graduate | $52,737 | $53,372 | $48,563 |
| Less Than 9th Grade | $0 | $0 | $0 |
| Overall | $51,667 | $68,074 | $45,915 |
| Some College | $49,303 | $69,514 | $47,766 |
$51,667
Average Earnings
$68,074
Average Male
$45,915
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
89.2% of Palmer Lake residents speak only English, while 10.8% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 6.76% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 2,193 | 81 | 3.69% |
3.07%
Overall Poverty Rate
0.74%
Male Poverty Rate
5.52%
Female Poverty Rate
The race most likely to be in poverty in Palmer Lake is White, with 3.69% below the poverty level.
The race least likely to be in poverty in Palmer Lake is White, with 3.69% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 8.81%, and for those that did not work, the poverty rate was 3.29%.
rate
Rate | Poverty |
|---|---|
| Less Than 9th Grade | 35.42% |
| Bachelors or Greater | 2.51% |
| Some College | 2.24% |
| High School | 0% |
rate
Rate | Poverty |
|---|---|
| Female Employed | 6.32% |
| Male Employed | 1.39% |
| Male Unemployed | 0% |
| Female Unemployed | 0% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $113,229 | $128,909 |
| Households | $104,712 | $115,397 |
| Married Families | $117,901 | $-999,999,999 |
| Non Families | $60,000 | $71,951 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
63.0%
Overall Marriage Rate
62.8%
Male Marriage Rate
63.2%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
266
Number of Veterans
254
Male Veterans
12
Female Veterans
War | Veterans |
|---|---|
| Vietnam | 154 |
| First Gulf War | 91 |
| Second Gulf War | 49 |
| Korea | 0 |
| World War II | 0 |
count
Age Group | Veterans |
|---|---|
| 65 to 74 | 127 |
| 55 to 64 | 69 |
| 75+ | 34 |
| 35 to 54 | 30 |
| 18 to 34 | 6 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 259 | 12.23% |
| Hispanic | 38 | 17.04% |
| Black | 7 | 100% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
33.83%
Veteran Disability Rate
LaborForceParticipation
68%
Labor Force Participation
62.9%
Employment Rate
7%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
25.51%
Born in Palmer Lake
94.78%
Native Born
5.22%
Foreign Born
2.23%
Non Citizen
2.99%
Naturalized
94.78% of Palmer Lake residents were born in the United States, with 25.51% having been born in Colorado. 2.23% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Change |
|---|---|---|---|
| 2029 | 2,439 | -24 | -0.97% |
| 2028 | 2,463 | -25 | -1% |
| 2027 | 2,488 | -25 | -0.99% |
| 2026 | 2,513 | -24 | -0.95% |
| 2025 | 2,537 | -25 | -0.98% |
| 2024 | 2,562 | -25 | -0.97% |
| 2023 | 2,587 | -43 | -1.63% |
| 2022 | 2,630 | -31 | -1.16% |
| 2021 | 2,661 | 0 | 0% |
| 2020 | 2,661 | -343 | -11.42% |
| 2019 | 3,004 | 33 | 1.11% |
| 2018 | 2,971 | 71 | 2.45% |
| 2017 | 2,900 | 67 | 2.36% |
| 2016 | 2,833 | 67 | 2.42% |
| 2015 | 2,766 | 54 | 1.99% |
| 2014 | 2,712 | 33 | 1.23% |
| 2013 | 2,679 | 43 | 1.63% |
| 2012 | 2,636 | 45 | 1.74% |
| 2011 | 2,591 | 49 | 1.93% |
| 2010 | 2,542 | 0 | 0% |