The Town of Palmer Lake had a population of 2,691 as of July 1, 2020.
The primary coordinate point for Palmer Lake is located at latitude 39.1222 and longitude -104.9172 in El Paso County. The formal boundaries for the Town of Palmer Lake encompass a land area of 3.09 sq. miles and a water area of 0.02 sq. miles. El Paso County is in the Mountain time zone (GMT -7). The elevation is 7,296 feet.
The Town of Palmer Lake (GNIS ID: 2413103) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Palmer Lake is located within Monument Division of El Paso County.
Alternate Unofficial Names for Palmer Lake: Divide, Divide Lake.
|Total Population||2,691 (100%)|
|Population in Households||2,688 (99.9%)|
|Population in Families||2,332 (86.7%)|
|Population in Group Quarters1||3 ( 0.1%)|
|Median Household Income||$86,483|
|Average Household Income||$116,365|
|% of Income for Mortgage4||23%|
|Per Capita Income||$44,211|
|Total HU (Housing Units)||1,150 (100%)|
|Owner Occupied HU||884 (76.9%)|
|Renter Occupied HU||181 (15.7%)|
|Vacant Housing Units||85 ( 7.4%)|
|Median Home Value||$467,647|
|Average Home Value||$547,257|
|Housing Affordability Index3||118|
|Average Household Size||2.52|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.52%|
|Per Capita Income||2.7%|
|Owner Occupied HU||1.36%|
The table below compares Palmer Lake to the other 459 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2020 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.
|Total Population||# 151||68th|
|Population Density||# 212||54th|
|Median Household Income||# 98||79th|
|Housing Affordability Index||# 214||47th|
|Per Capita Income||# 106||77th|
|Diversity Index||# 293||36th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.