Census Bureau data for Palmer Lake town from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Palmer Lake town
- What is the median household income in Palmer Lake town?
- The median household income in Palmer Lake town is $122,855 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Palmer Lake town?
- The poverty rate in Palmer Lake town is 0.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in Palmer Lake town?
- $454,000 (U.S. Census Bureau ACS 2023).
- What is the average rent in Palmer Lake town?
- The median gross rent in Palmer Lake town is $1,913 per month (U.S. Census Bureau ACS 2023).
- What percentage of Palmer Lake town residents have a college degree?
- 46.3% of adults in Palmer Lake town hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,635
Median Income
$122,855
Median Home Value
$454,000
Poverty Rate
0.0%
Unemployment (ACS 2023)
6.5%
Median Age
49.0 yrs
Since 2019
Median Income:
+$45,639 (+59.1%)
Home Value:
+$164,200 (+56.7%)
Poverty Rate:
-2.8 pp (-100%)
Bachelor's+:
+12.2 pp (+35.8%)
Unemployment:
+2.0 pp (+44.4%)
Demographics
Total Population
2,635
Median Age
49.0
Female
49.2%
Race & Ethnicity
Hispanic or Latino 11.6%
White (non-Hisp.) 81.8%
Black 2.3%
Asian 0.4%
Two or More 9.0%
Other 4.6%
Hispanic Subgroups (% of total pop.)
Mexican
8.8%
Puerto Rican
1.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$122,855
±$19,957
+$30,385 vs. state
Per Capita Income
$116,182
Median Family Income
$124,058
Poverty Rate
0.0%
-5.9 pp vs. state
Child Poverty Rate
0.0%
Working-Age Poverty Rate
—
SNAP Recipients
2.8%
Social Security Income
—
Retirement Income
36.3%
Household Income Distribution
< $10k
2.4%
$10–15k
1.6%
$15–25k
2.0%
$25–35k
2.0%
$35–50k
3.4%
$50–75k
6.4%
$75–100k
20.4%
$100–150k
31.5%
$150–200k
19.4%
$200k+
11.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,122
Owner-Occupied
88.2%
Renter-Occupied
11.8%
Vacancy Rate
5.4%
Median Home Value
$454,000
-$48,200 vs. state
Median Gross Rent
$1,913
Owner Cost Burden (30%+)
13.9%
Renter Cost Burden (30%+)
8.0%
Home Value Distribution
< $50k
6.3%
$50–100k
0.3%
$200–300k
5.0%
$300–500k
52.4%
$500k–$1M
32.9%
$1M+
3.1%
Gross Rent Distribution
$1–1.5k
21.6%
$1.5–2k
34.4%
$2–2.5k
7.2%
$2.5–3.5k
36.8%
Vehicle Availability
No vehicle
0.4%
1 vehicle
13.1%
2 vehicles
41.6%
3+
45.0%
Housing Type
Single-fam. det.
88.9%
Single-fam. att.
5.3%
Mobile home
5.3%
Housing Age
Pre-1940
14.3%
1940–1969
6.7%
1970–1999
13.1%
2000–2009
13.3%
2010+
6.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.6%
Bachelor's or Higher
46.3%
+1.6 pp vs. state
Graduate Degree
14.8%
Some College / Associate
26.1%
Less Than High School
1.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
66.7%
Unemployment Rate
6.5%
+2.0 pp vs. state
Work from Home
21.3%
Self-Employed
5.6%
Government Workers
26.1%
Private For-Profit
68.2%
Industry
Edu/Health
17.9%
Arts/Entmt.
16.2%
Prof. Services
10.0%
Manufacturing
9.3%
Transportation
8.4%
Finance
7.5%
Public Admin
7.0%
Wholesale
6.7%
Retail
6.1%
Construction
5.7%
Information
2.2%
Agriculture
0.3%
Occupation
Management
44.1%
Sales
22.5%
Food Prep
21.5%
Production
8.0%
Construction
4.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
27.3 min
Drove Alone
76.5%
Carpool
2.2%
Public Transit
0.0%
Work from Home
21.3%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,061
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
64.7%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
14.7%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
2.8%
5–9
3.9%
10–14
2.7%
15–19
5.7%
20–24
6.5%
25–34
14.0%
35–44
11.1%
45–54
8.3%
55–64
15.1%
65–74
9.5%
75–84
14.2%
85+
3.1%
Under 18: 12.9%
Working age (18–64): 87.1%
65 and over: 20.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
8.3%
Naturalized Citizen
57.3%
Speaks English Less Than Very Well
1.1%
Foreign-Born Origin
Latin America
42.7%
Europe
38.5%
Africa
13.8%
Asia
5.0%
Veterans & Disability
Veteran
11.7%
With a Disability
13.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.9%
Uninsured
2.1%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
97.8%
Has a Computer
100.0%
Same House 1 Year Ago
82.0%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023