Palmer Lake is a city located in El Paso County Colorado. Palmer Lake has a 2020 population of 3,104. Palmer Lake is currently growing at a rate of 1.21% annually and its population has increased by 22.11% since the most recent census, which recorded a population of 2,542 in 2010.
The average household income in Palmer Lake is $84,320 with a poverty rate of 7.95%. The median rental costs in recent years comes to $977 per month, and the median house value is $289,800. The median age in Palmer Lake is 40.1 years, 42.2 years for males, and 35 years for females.
According to the most recent ACS, the racial composition of Palmer Lakewas:
The highest rate of high school graduation is among black people with a rate of 100.00%.
The highest rate of bachelors degrees is among asian people with a rate of 100.00%.
90.40% of Palmer Lake residents speak only English, while 9.60% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 7.40% of the population.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
The race most likely to be in poverty in Palmer Lake is Asian, with 19.35% below the poverty level.
The race least likely to be in poverty in Palmer Lake is Other, with NaN% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.97%. Among those working part-time, it was 15.66%, and for those that did not work, the poverty rate was 9.67%.
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Palmer Lake
91.62% of Palmer Lake residents were born in the United States, with 36.51% having been born in Colorado. 5.78% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.