Palmer Lake, CO Profile: Facts, Map & Data

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Palmer Lake, Colorado - Basic Facts

The Town of Palmer Lake is an incorporated place (Class Code P1) located in El Paso County at latitude 39.1135 and longitude -104.8998. El Paso County is in the Mountain time zone (GMT -7). The elevation is 7,296 feet.

The formal official name is the Town of Palmer Lake, but most people and references simply refer to it as Palmer Lake, Colorado.

The P1 Census Class Code for Palmer Lake indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.

The formal boundaries for the Town of Palmer Lake (see map below) 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.

Town of Palmer Lake, CO Boundary Map


Also See: BIG Map | Driving Directions | CO Congressional Districts
Boundary Maps: Monument Division | El Paso County | Colorado Counties

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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.

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.