Palmer Lake, CO Community Profile: Data

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Palmer Lake, Colorado - Basic Facts

Palmer Lake is the common name for the community and surrounding area while the formal official name is the Town of Palmer Lake.

It is an incorporated place (Class Code P1) located in El Paso County at latitude 39.1222 and longitude -104.9172. El Paso County is in the Mountain time zone (GMT -7). The elevation is 7,296 feet.

The formal boundaries for the Town of Palmer Lake (see map) encompass a land area of 3.09 sq. miles and a water area of 0.02 sq. miles.

Alternate Unofficial Names for Palmer Lake: Divide, Divide Lake.

Camera Icon Photos of the local Palmer Lake, CO area

Also See: Palmer Lake, CO ZIP Codes and ZIP Code Maps

Palmer Lake, CO - Peer Comparisons by Rank and Percentile

The table below compares Palmer Lake to the other 458 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 149 68th
Population Density1 # 211 54th
Diversity Index2 # 296 36th
Median Household Income # 70 85th
Per Capita Income # 92 80th

Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.

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Palmer Lake, CO Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 2,517
Population in Households 2,515
Population in Familes 2,200
Population in Group Qrtrs 2
Population Density1 814
Diversity Index2 27
 

HOUSEHOLDS

Total Households 998
Average Household Size 2.52
Family Households 765
Average Family Size 3

HOUSING

Total Housing Units 1,123 (100%)
Owner Occupied HU 780 (69.5%)
Renter Occupied HU 218 (19.4%)
Vacant Housing Units 125 (11.1%)
Median Home Value $373,481
Average Home Value $410,609
 

INCOME

Median Household Income $84,771
Average Household Income $104,337
Per Capita Income $39,693
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 0.93% 1.12%
Households 1.04% 1.27%
Families 2.46% 1.12%
Median Household Income   3.48%
Per Capita Income   3.56%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Information Updates

The Demographic Data for the 1,219 Colorado cities, towns, counties, ZIP Codes and Census Designated Places (CDPs) profiled in this gazetteer is updated annually. Last Update: July 1, 2014.

The ZIP Code maps and the data regarding the number of residential and business addresses in each ZIP Code are updated four times per year. Last Update: November 1, 2014.

The information on the 50,169 Colorado Physical, Cultural and Historic Features is updated six times per year. Last Update: October 5, 2014.

The School Attendance Zone Maps for 1,644 Colorado public schools are updated four times per year. Last Update: October 6, 2014.