Colorado · Census place 57025
Palmer Lake town, CO
Quick answer
Palmer Lake town has 2,635 residents, ranking #154 of 482 places in Colorado. Median household income is $122,855, the median home is worth $454,000 and median gross rent runs $1,913 a month.
- Population
- 2,635Palmer Lake town residents
- Median household income
- $122,855Past 12 months, inflation adjusted
- Median home value
- $454,000Owner-occupied units
- Median gross rent
- $1,913Rent plus utilities, monthly
- Median age
- 49.4 yrsAll residents
- Homeownership rate
- 88.2%Owner-occupied households
What the numbers mean in Palmer Lake town
Housing cost measured against local earnings.
A household earning the Palmer Lake town median would spend about 18.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.4% of residents and 88.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Colorado.
- Meridian Village CDP 2,768
- Acres Green CDP 2,709
- Holly Hills CDP 2,652
- Leadville city 2,634
- Telluride town 2,595
- Palisade town 2,580
- Rangely town 2,572
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