Palmer Lake, Colorado Population 2024

2,560

Palmer Lake is a city located in El Paso County Colorado. Palmer Lake has a 2024 population of 2,560. Palmer Lake is currently declining at a rate of -1.23% annually and its population has decreased by -3.61% since the most recent census, which recorded a population of 2,656 in 2020.

The average household income in Palmer Lake is $115,397 with a poverty rate of 3.07%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Palmer Lake is 54.5 years, 50.5 years for males, and 55.6 years for females.

Palmer Lake Demographics

According to the most recent ACS, the racial composition of Palmer Lake was:

  • White: 88.46%
  • Two or more races: 7%
  • Other race: 2.95%
  • Black or African American: 1.17%
  • Asian: 0.42%
  • Native American:
  • Native Hawaiian or Pacific Islander:
Land Area (mi²)
3.1 sq mi
Density (mi²)
833.60/sq mi
Growth Since 2020
-3.61% (-96)
The current population of Palmer Lake, Colorado is 2,560 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 2,656.

Palmer Lake, Colorado Population 2024

Population by Race

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Race
Population
Percentage (of total)
White2,33788.46%
Two or more races1857%
Other race782.95%
Black or African American311.17%
Asian110.42%
Native American
Native Hawaiian or Pacific Islander
showing: 7 rows

White

Two or more races

Other race

Black or African American

Asian

Native American

Native Hawaiian or Pacific Islander

Palmer Lake Population by Race

Palmer Lake Population Pyramid 2024

Palmer Lake Median Age

54.5

Total

50.5

Male

55.6

Female

Palmer Lake Adults

There are 2,357 adults, (570 of whom are seniors) in Palmer Lake.

Palmer Lake Age Dependency

47.8

Age Dependency Ratio

31.9

Old Age Dependency Ratio

15.9

Child Dependency Ratio

Palmer Lake Sex Ratio

Female1,29348.94%
Male1,34951.06%

Palmer Lake Population by Age

Palmer Lake Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,1072.3892.17.9
Married7302.795.54.5
Non Family2881.2887.812.2
Female653.1470.829.2
Male243.751000
showing: 5 rows

2.72

Average Family Size

2.38

Average Household Size

92.1%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Palmer Lake Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Palmer Lake Educational Attainment by Sex (over 25)

Palmer Lake Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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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%.

Palmer Lake Educational Attainment by Race

All

Male

Female

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$51,667

Average Earnings

$68,074

Average Male

$45,915

Average Female

Palmer Lake Earnings by Educational Attainment

Palmer Lake Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Palmer Lake Language

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.

Palmer Lake Language

Palmer Lake Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White2,193813.69%
showing: 1 rows

3.07%

Overall Poverty Rate

0.74%

Male Poverty Rate

5.52%

Female Poverty Rate

Poverty in Palmer Lake

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 . Among those working part-time, it was 8.81%, and for those that did not work, the poverty rate was 3.29%.

Palmer Lake Poverty

rate

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Rate
Poverty
Less Than 9th Grade35.42%
Bachelors or Greater2.51%
Some College2.24%
High School
showing: 4 rows

Palmer Lake Poverty Rate by Education

rate

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Rate
Poverty
Female Employed6.32%
Male Employed1.39%
Male Unemployed
Female Unemployed
showing: 4 rows

Palmer Lake Poverty Rate by Employment Status and Sex

Palmer Lake Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Palmer Lake Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

63.0%

Overall Marriage Rate

62.8%

Male Marriage Rate

63.2%

Female Marriage Rate

Palmer Lake Married by Age and Sex

male

female

Palmer Lake Marriage

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.

Palmer Lake Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Palmer Lake Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

266

Number of Veterans

254

Male Veterans

12

Female Veterans

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Palmer Lake Veterans by War

count

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Palmer Lake Veterans by Age

count

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Palmer Lake Veterans by Race

Palmer Lake Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

Veteran Poverty Rate

33.83%

Veteran Disability Rate

Palmer Lake Veterans by Education

LaborForceParticipation

68%

Labor Force Participation

62.9%

Employment Rate

7%

Unemployment Rate

Palmer Lake Employment by Age

LaborForceParticipation

Palmer Lake Employment by Race

LaborForceParticipation

Palmer Lake Employment by Education

Origin of Non-Citizens

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.

Origin of Naturalized Citizens

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

Place of Birth

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.

Palmer Lake Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20292,400-32-1.32%
20282,432-32-1.3%
20272,464-32-1.28%
20262,496-32-1.27%
20252,528-32-1.25%
20242,560-32-1.23%
20232,592-32-1.22%
20222,624-32-1.2%
20212,656
20202,656-348-11.58%
20193,004331.11%
20182,971712.45%
20172,900672.36%
20162,833672.42%
20152,766541.99%
20142,712331.23%
20132,679431.63%
20122,636451.74%
20112,591491.93%
20102,542
showing: 20 rows

Palmer Lake Population by Year