Palmer Lake is a town located in El Paso County, Colorado. Palmer Lake has a 2026 population of 2,533. Palmer Lake is currently declining at a rate of -0.82% annually and its population has decreased by -4.74% since the most recent census, which recorded a population of 2,659 in 2020.
The median household income in Palmer Lake is $125,357 with a poverty rate of 4.36%. The median age in Palmer Lake is 51.9 years: 46.9 years for males, and 54.6 years for females. For every 100 females there are 117.0 males.
Data after 2023 is projected based on recent change
Overall: 51.9 years
Female: 54.6 years
Male: 46.9 years
There are 2,316 adults, (601 of whom are seniors) in Palmer Lake.
Female: 1,209 (46.1%)
Male: 1,414 (53.9%)
The racial composition of Palmer Lake includes 83.3% White, 5.22% other race, and smaller percentages for Native American, Black or African American, Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 2,185 | 83.3% |
| Two or more races | 226 | 8.62% |
| Other race | 137 | 5.22% |
| Native American | 49 | 1.87% |
| Black or African American | 21 | 0.8% |
| Asian | 5 | 0.19% |
Palmer Lake 's average per capita income is $57,769. Household income levels show a median of $125,357. The poverty rate stands at 4.36%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $130,739 | - |
| Families | $128,504 | $142,601 |
| Households | $125,357 | $130,288 |
| Non Families | $90,694 | $94,274 |
Average Income
Median Household Income
Poverty Rate