Palmer Lake, CO population, income and ZIP codes

Palmer Lake town is a small town in Colorado, with 2,635 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #154 of 482 ranked by population — larger than 68% of them. The median age here is 49.4 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Palmer Lake town earn a median of $122,855 a year, 56.4% above the national figure of $78,538 and 42% above the $86,484 median for the 223 Colorado cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 3.4% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Palmer Lake town is valued at $454,000, 49.6% above the national figure and within a couple of points of the $453,600 peer median, while median gross rent runs $1,913 a month, 36.1% above the national figure, or roughly $22,956 across a full year. A household on the local median income would put about 18.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 88.2% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.