Palmer Lake, Colorado Population 2022

3,104
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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.

Palmer Lake Demographics

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

  • White: 92.21%
  • Black or African American: 3.74%
  • Two or more races: 2.60%
  • Asian: 1.07%
  • Other race: 0.38%
  • Native American: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Palmer Lake, Colorado is 3,104 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 3,104.The last official US Census in 2010 recorded the population at 2,542.

Palmer Lake, Colorado Population 2022

Population by Race

Race Population Percentage
White2,66292.21%
Black or African American1083.74%
Two or More Races752.60%
Asian311.07%
Some Other Race110.38%
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Palmer Lake Population by Race

Palmer Lake Population Pyramid $2022

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Palmer Lake Median Age

40.1


Total

42.2


Male

35


Female

Palmer Lake Adults

There are 2,323 adults, (367 of whom are seniors) in Palmer Lake.

Palmer Lake Age Dependency

Age Dependency Ratio

18.8

Old Age Dependency Ratio

28.8

Child Dependency Ratio

Palmer Lake Sex Ratio

Female

1,482

51.33%

Male

1,405

48.67%

Palmer Lake Population by Age

Palmer Lake Renter vs Owner Occupied by Household Type

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Palmer Lake Household Types

Type Owner Renter
Non Family69.7%30.3%
Female82%18%
All83.1%16.9%
Married92.1%7.9%
Male100%0%

83.1%

Rate of Home Ownership

Palmer Lake Households and Families

Type Count Average Size Owned
All1,1762.4583.1
Married5973.0592.1
Non Family4291.1669.7
Female1223.9882
Male282.93100

3.1

Average Family Size

2.45

Average Household Size

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Palmer Lake Households by Type

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Education Attained Count Percentage
Less Than 9th Grade1205.68%
9th to 12th Grade331.56%
High School Graduate44220.91%
Some College52724.93%
Associates Degree27212.87%
Bachelors Degree47822.61%
Graduate Degree24211.45%
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Palmer Lake Educational Attainment by Sex (over 25)

Palmer Lake Educational Attainment by Race

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Race Total High School Bachelors
White1,7621,715639
Hispanic29819251
2+ Races424210
Asian252525
Black2020
Other Race111111

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%.

Palmer Lake Educational Attainment by Race

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Name Average Male Female
Overall$38,994$43,450$32,088
Less Than 9th Grade$28,347$$
High School Graduate$50,481$61,641$
Some College$36,458$40,750$31,131
Bachelors Degree$40,885$39,489$41,354
Graduate Degree$79,702$92,446$76,250

$38,994

Average Earnings

$43,450

Average Male

$32,088

Average Female

Palmer Lake Earnings by Educational Attainment

Palmer Lake Language by Age

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Palmer Lake Language

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.

Palmer Lake Language

Palmer Lake Poverty by Race

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Name Total In Poverty Poverty Rate
White2,2481496.63%
Hispanic5236712.81%
Multiple7579.33%
Asian31619.35%
OtherNaN%

7.95%

Overall Poverty Rate

6.33%

Male Poverty Rate

9.49%

Female Poverty Rate

Poverty in Palmer Lake

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%.

Palmer Lake Poverty

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Name Poverty
Less Than 9th Grade24.18%
Some College9.26%
High School3.39%
Bachelors or Greater2.50%

Palmer Lake Poverty Rate by Education

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Rate Poverty
Female Unemployed100.00%
Female Employed7.64%
Male Employed7.48%
Male Unemployed0.00%

Palmer Lake Poverty Rate by Employment Status and Sex

Palmer Lake Income by Household Type

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Name Median Mean
Households$77,216$84,320
Families$98,390$106,566
Married Families$113,464-
Non Families$33,550$41,533
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Income by Household Type

Palmer Lake Marital Status

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Marriage Rates

60.3%

Overall Marriage Rate

60.9%

Male Marriage Rate

59.7%

Female Marriage Rate

Palmer Lake Married by Age and Sex

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Palmer Lake Marriage

The age group where males are most likely to be married is 35-44, while the female age group most likely to be married is 35-44.

Palmer Lake Marital Status by Race

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Palmer Lake Marital Status

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249

Number of Veterans

Male Veterans

Female Veterans

War Veterans
Vietnam123
First Gulf War89
Second Gulf War80
Korea7
World War II

Palmer Lake Veterans by War

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Age Group Veterans
65 to 7485
35 to 5470
55 to 6444
18 to 3443
75+7

Palmer Lake Veterans by Age

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Name Veterans % of Total
White22110.05%
Hispanic6921.23%
Black20100.00%
Asian832.00%

Palmer Lake Veterans by Race

Palmer Lake Veterans by Education

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2.41%

Veteran Poverty Rate

39.76%

Veteran Disability Rate

Palmer Lake Veterans by Education

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70.9%

Labor Force Participation

67.7%

Employment Rate

4.5%

Unemployment Rate

Palmer Lake Employment by Age

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Palmer Lake Employment by Race

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Palmer Lake Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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36.51%

Born in Palmer Lake

91.62%

Native Born

8.38%

Foreign Born

5.78%

Non Citizen

2.60%

Naturalized

Place of Birth

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.

Palmer Lake Place of Birth

Note: 2021 and 2022 data is projected
Year Population Growth Annual Growth Rate
20223,104371.21%
20213,067371.22%
20203,030371.24%
20192,993371.25%
20182,956682.35%
20172,888662.34%
20162,822642.32%
20152,758511.88%
20142,707331.23%
20132,674401.52%
20122,634441.70%
20112,590481.89%
20102,5420.00%

Palmer Lake Population by Year