Palmer Lake, CO

Census Place

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2023 Population

2,635

0.265% 1-year decline

US Senator

Michael Bennet

Democratic Party

US Senator

John Hickenlooper

Democratic Party

2023 Median Age

49.4

9.36% 1-year decrease

2023 Poverty Rate

3.39%

10.3% 1-year increase

2023 Median Household Income

$122,855

17.3% 1-year growth

2023 Median Property Value

$454,000

14.6% 1-year growth

2023 Employed Population

1,473

2.45% 1-year decline

About

In 2023, Palmer Lake, CO had a population of 2.64k people with a median age of 49.4 and a median household income of $122,855. Between 2022 and 2023 the population of Palmer Lake, CO declined from 2,642 to 2,635, a −0.265% decrease and its median household income grew from $104,712 to $122,855, a 17.3% increase.

The 5 largest ethnic groups in Palmer Lake, CO are White (Non-Hispanic) (81.8%), Two+ (Hispanic) (6.72%), Other (Non-Hispanic) (2.81%), Two+ (Non-Hispanic) (2.24%), and White (Hispanic) (1.97%).

None of the households in Palmer Lake, CO reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

96.5% of the residents in Palmer Lake, CO are U.S. citizens.

In 2023, the median property value in Palmer Lake, CO was $454,000, and the homeownership rate was 88.2%.

Most people in Palmer Lake, CO drove alone to work, and the average commute time was 27.3 minutes. The average car ownership in Palmer Lake, CO was 2 cars per household.

United States Colorado El Paso County, CO Colorado Springs, CO Castle Rock PUMA, CO El Paso Teller PUMA, CO

Population & Diversity

Palmer Lake, CO is home to a population of 2.64k people, from which 96.5% are citizens. As of 2023, 8.27% of Palmer Lake, CO residents were born outside of the country (218 people).

In 2023, there were 12.2 times more White (Non-Hispanic) residents (2.16k people) in Palmer Lake, CO than any other race or ethnicity. There were 177 Two+ (Hispanic) and 74 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

96.5%

2023 Citizenship

97.8%

2022 Citizenship

As of 2023, 96.5% of Palmer Lake, CO residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Palmer Lake, CO was 97.8%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Palmer Lake, CO compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Palmer Lake, CO

White (Non-Hispanic)
2.16k ± 283
Two+ (Hispanic)
177 ± 226
Other (Non-Hispanic)
74 ± 116

11.6%

Hispanic Population

306 people

11.6% of the people in Palmer Lake, CO are hispanic (306 people).

The following chart shows the 7 races represented in Palmer Lake, CO as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Colorado.

Most Common Origin

Mexico
206,571 ± 10,957 people
India
22,427 ± 3,670 people
China
17,909 ± 3,280 people

In 2022, the most common birthplace for the foreign-born residents of Colorado was Mexico, the natal country of 206,571 Colorado residents, followed by India with 22,427 and China with 17,909.

Foreign-Born Population

8.27%

2023 Foreign-Born Population

218 people

5.22%

2022 Foreign-Born Population

138 people

As of 2023, 8.27% of Palmer Lake, CO residents (218 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Palmer Lake, CO was 5.22%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Palmer Lake, CO compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
93 ± 53
Vietnam
88 ± 56
Gulf War (2001-)
56 ± 45

Palmer Lake, CO has a large population of military personnel who served in Gulf War (1990s), 1.06 times greater than any other conflict.

Economy

The economy of Palmer Lake, CO employs 1.47k people. The largest industries in Palmer Lake, CO are Educational Services (155 people), Accommodation & Food Services (139 people), and Manufacturing (137 people), and the highest paying industries are Manufacturing ($104,803), Educational Services ($89,609), and Educational Services, & Health Care & Social Assistance ($87,656).

Males in Colorado have an average income that is 1.31 times higher than the average income of females, which is $67,859. The income inequality in Colorado (measured using the Gini index) is 0.464, which is lower than than the national average.

Employment

Occupations

1.47k

2023 Value

± 283

−2.45%

1 Year decline

± 28%

From 2022 to 2023, employment in Palmer Lake, CO declined at a rate of −2.45%, from 1.51k employees to 1.47k employees.

The most common job groups, by number of people living in Palmer Lake, CO, are Management Occupations (205 people), Office & Administrative Support Occupations (194 people), and Education Instruction, & Library Occupations (152 people). This chart illustrates the share breakdown of the primary jobs held by residents of Palmer Lake, CO.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in Colorado (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

1.47k

2023 Value

± 283

−2.45%

1 Year decline

± 28%

From 2022 to 2023, employment in Palmer Lake, CO declined at a rate of −2.45%, from 1.51k employees to 1.47k employees.

The most common employment sectors for those who live in Palmer Lake, CO, are Educational Services (155 people), Accommodation & Food Services (139 people), and Manufacturing (137 people). This chart shows the share breakdown of the primary industries for residents of Palmer Lake, CO, though some of these residents may live in Palmer Lake, CO and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$79,013

Median earning men ± $22,271

$48,242

Median earning women ± $3,187

The industries with the best median earnings for men in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($116,458), Manufacturing ($106,296), and Public Administration ($102,639).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($62,778), Finance & Insurance, & Real Estate & Rental & Leasing ($58,586), and Manufacturing ($56,838).

Employment by Industry Sector

Data is only available at the state level. Showing data for Colorado.

Y-Axis

1.73%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 2.87M people employed in Colorado. This represents a 1.73% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 11.9%.

The following chart shows monthly employment numbers for each industry sector in Colorado.

Civics

In the 2024 presidential election, the popular vote in Colorado went to Kamala Harris with 54.1% of the vote. The runner-up was Donald J. Trump (43.1%), followed by Robert Kennedy (1.12%).

Michael Bennet and John Hickenlooper are the senators currently representing the state of Colorado. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Colorado is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Palmer Lake, CO. Showing the available data for Colorado.

2024 Election Results

Kamala Harris (54.1%)
Democratic Party
Donald J. Trump (43.1%)
Republican Party
Robert Kennedy (1.12%)
Independent Party

In the 2024 presidential election, the popular vote in Colorado went to Kamala Harris with 54.1% of the vote. The runner-up was Donald J. Trump (43.1%), followed by Robert Kennedy (1.12%).

The following chart shows the popular vote results in Colorado for each registered party from 1976 to 2024.

Senator Elections

US Senators from Colorado

Senatorial voting results are only available at the state level. Showing data for Colorado.

Michael Bennet

Senator from Colorado

Assumed office on January 21, 2009
Appointed to the seat following the resignation of Ken Salazar, who had become Secretary of the Interior.

John Hickenlooper

Senator from Colorado

Assumed office on January 3, 2021

Michael Bennet and John Hickenlooper are the senators currently representing Colorado.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Colorado over time, excluding special elections, colored by their political party.

US Representative Elections

US Representatives from Colorado

Colorado is currently represented by 8 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Colorado have changed over time starting in 2008.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Colorado.

Measure

In 2022, 0.886% of men over 25 years of age had not completed any academic degree (no schooling), while 0.84% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for Colorado.

Race

The most common educational levels obtained by the working population in 2022 were Bachelors Degree (1.16M), Some college (997k), and High School or Equivalent (997k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Palmer Lake, CO was $454,000 in 2023, which is 1.5 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $396,100 to $454,000, a 14.6% increase. The homeownership rate in Palmer Lake, CO is 88.2%, which is approximately the same as the national average of 65%.

People in Palmer Lake, CO have an average commute time of 27.3 minutes, and they drove alone to work. Car ownership in Palmer Lake, CO is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$454,000

Median Property Value 2023

±$33,854

$936

Median Property Taxes

±$222

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Palmer Lake, CO the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Palmer Lake, CO compared to it's parent and neighbor geographies.

Rent vs Own

88.2%

Homeownership

2023

71%

Homeowners with Mortgage

2023

In 2023, 88.2% of the housing units in Palmer Lake, CO were occupied by their owner. This percentage declined from the previous year's rate of 92.1%.

This chart shows the percentage of owner in Palmer Lake, CO compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Palmer Lake, CO colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$122,855

Median Household Income

± $19,957

1.06k

Number of Households

± 241

In 2023, the median household income of the 1.06k households in Palmer Lake, CO grew to $122,855 from the previous year's value of $104,712.

The following chart displays the households in Palmer Lake, CO distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Palmer Lake, CO is from Colorado.

0.464

2022 Wage GINI in Colorado

0.465

2021 Wage GINI in Colorado

In 2022, the income inequality in Colorado was 0.464 according to the GINI calculation of the wage distribution. Income inequality had a 0.265% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for Colorado was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Colorado in comparison to the national average.

This chart shows the number of workers in Colorado across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (76.5%)
Worked At Home (21.3%)
Carpooled (2.24%)

In 2023, 76.5% of workers in Palmer Lake, CO drove alone to work, followed by those who worked at home (21.3%) and those who carpooled to work (2.24%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

27.3 minutes

Average Travel Time

Using averages, employees in Palmer Lake, CO have a longer commute time (27.3 minutes) than the normal US worker (26.6 minutes). Additionally, 4.22% of the workforce in Palmer Lake, CO have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Palmer Lake, CO compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Palmer Lake, CO distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Palmer Lake, CO have 2 cars.

Poverty

Poverty & Diversity

3.39% of the population for whom poverty status is determined in Palmer Lake, CO (89 out of 2.63k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Males 55 - 64, followed by Females 18 - 24 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Palmer Lake, CO is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

97.9% of the population of Palmer Lake, CO has health coverage, with 52.3% on employee plans, 9.89% on Medicaid, 15% on Medicare, 15.8% on non-group plans, and 4.95% on military or VA plans.

Primary care physicians in El Paso County, CO see 1604 patients per year on average, which represents a 0% change from the previous year (1604 patients). Compare this to dentists who see 960 patients per year, and mental health providers who see 248 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for El Paso County, CO.

1,604 to 1

Patient to Primary Care Physician Ratio in El Paso County, CO

Primary care physicians in El Paso County, CO see an average of 1,604 patients per year. This represents a 0% change from the previous year (1,604 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in El Paso County, CO in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 14.2% under 18 years, 21.6% between 18 and 34 years, 43.9% between 35 and 64 years, and 20.2% over 64 years.

By gender, of the total number of insured persons, 49.5% were men and 50.5% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

2.09%

Uninsured

52.3%

Employer Coverage

9.89%

Medicaid

15%

Medicare

15.8%

Non-Group

4.95%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Palmer Lake, CO grew by 41.4% from 1.48% to 2.09%.

The following chart shows how the percent of uninsured individuals in Palmer Lake, CO changed over time compared with the percent of individuals enrolled in various types of health insurance.

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