Last updated: 2024 BLS data · Page refreshed:
Palmer Lake has a population of 2,623 with a median age of 51.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,623 |
| Median Age | 51.9 |
| White | 83.3% |
| Black or African American | 0.8% |
| Asian | 0.2% |
| Hispanic or Latino | 10.4% |
| Other / Two or More Races | 5.3% |
The median household income in Palmer Lake is $125,357, which is 55.5% above the national median of $80,610. The per capita income is $52,413. The poverty rate is 4.4%.
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In Palmer Lake, 98.3% of residents age 25+ have a high school diploma or higher, and 44.0% hold a bachelor's degree or higher (14.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.3% |
| Bachelor's Degree or Higher | 44.0% |
| Graduate or Professional Degree | 14.5% |
The median home value in Palmer Lake is $485,700, above the national median of $303,400. The median monthly rent is $1,911. The homeownership rate is 90.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $485,700 |
| Median Monthly Rent | $1,911 |
| Homeownership Rate | 90.1% |
| Vacancy Rate | 6.5% |
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