HomeColoradoEl Paso CountyPalmer Lake town
Palmer Lake town, Colorado: commercial real estate data.
Palmer Lake town is a Census town of 2,623 people across 3.09 square miles of land, in El Paso County. Median household income is $125,357, 90.1 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $1.2 m.
76 sourced place values · tier FULL · 8 sections
Palmer Lake
What Palmer Lake is
- Census place typetown
- Land area3.09 sq mi
- Water area0.02 sq mi
- Population per square mile of land848
- County holding the largest share of its areaEl Paso County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Lake
How many people live in Palmer Lake
- Population2,623
- Median age51.9
- Population under 18307 plus or minus 100
- Share under 1811.7 percent plus or minus 3.8
- Population 65 and over601 plus or minus 155
- Share 65 and over22.9 percent plus or minus 5.9
- Households1,064
- Family households761
- Share of households that are families71.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Lake
Income and work in Palmer Lake
- Median household income$125,357
- Per capita income$52,413
- Civilian labor force1,514
- Employed1,431
- Unemployed83 plus or minus 93
- Unemployment rate5.5 percent plus or minus 6.1
- Adults 25 and over2,093
- Adults 25 and over with a high school diploma or higher98.3 percent
- Adults 25 and over with a bachelor degree or higher44.0 percent plus or minus 10.0
- Adults 25 and over with a graduate degree14.5 percent plus or minus 7.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Lake
Housing in Palmer Lake
- Housing units1,138
- Occupied units1,064
- Vacant units74 plus or minus 68
- Vacancy rate6.5 percent plus or minus 5.9
- Owner occupied959
- Renter occupied105 plus or minus 59
- Ownership rate90.1 percent
- Median owner-occupied home value$485,700
- Median gross rent, monthly$1,911 plus or minus $802
- Annual rent as a share of median income18.3 percent plus or minus 8.3
- Single family units1,050
- Share single family92.3 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes82 plus or minus 49
- Median year structure built1990
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Lake
How Palmer Lake gets to work
- Workers 16 and over who commute1,019
- Commuting under 15 minutes407 plus or minus 199
- Share commuting under 15 minutes39.9 percent plus or minus 17.9
- Commuting 30 minutes or more317 plus or minus 105
- Share commuting 30 minutes or more31.1 percent plus or minus 8.3
- Drove alone67.3 percent
- Carpooled3.9 percent plus or minus 2.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home28.8 percent plus or minus 8.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Lake
SBA 7(a) lending to Palmer Lake borrowers
- Approvals7
- Gross approval$1,202,300
- Average approval$171,757
- Median approval$150,000
- Ninetieth percentile approval$435,300
- Largest approval$435,300
- Jobs supported21
- Jobs per approval3.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders6
- Distinct industries by NAICS6
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palmer Lake
SBA 504 lending to Palmer Lake borrowers
- Approvals3
- Gross approval$596,000
- Average approval$198,667
- Median approval$217,000
- Largest approval$284,000
- Jobs supported10
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
El Paso County, not Palmer Lake
El Paso County context, not Palmer Lake figures
These are El Paso County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Palmer Lake measurements.
- Establishments in El Paso County18,852
- Employment at those establishments, El Paso County267,012
- Covered employment, El Paso County309,483
- Average annual pay, El Paso County$67,491
- Average weekly wage, El Paso County$1,298
- Housing units permitted, El Paso County3,849
- Of those, single family, El Paso County2,733
- County product, 2024, El Paso County$55,117,195,000
- County product change over the prior year, El Paso County6.0 percent
- Average income of an arriving household, El Paso County$68,814
Every figure in this section is published for El Paso County as a whole and is not a measurement of Palmer Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Palmer Lake questions, answered from the record.
How many people live in Palmer Lake, Colorado?
2,623, in 1,064 households. Palmer Lake town covers 3.09 square miles of land, which is 848 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palmer Lake in?
El Paso County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Palmer Lake?
$125,357. The median owner-occupied home is valued at $485,700. Median gross rent is $1,911 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Palmer Lake businesses?
7 7(a) approvals totalling $1.2 m, across 6 lenders, median approval $150,000, plus 3 504 approvals worth $596,000. These count approvals to borrowers whose address is in Palmer Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Palmer Lake borrowers get paid back?
No rate is published for Palmer Lake. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Palmer Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for El Paso County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Palmer Lake.
Is zoning published for Palmer Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.