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CO area data

Palmer lake, CO

Palmer lake, CO.

Population: 2,425 (Census ACS)

Home values & appreciation

Median home value
$519,147
1-year appreciation
-0.6%
3-year appreciation
+0.1%
5-year appreciation
+9.5%
10-year appreciation
+82.5%
All-time peak (2022-06)
$542,739
House Price Index
675.7 (-1.4% YoY)

Market activity

Median list price
$604,495
Active listings
18
1-year forecast
-0.9%
New listings (monthly)
4

Rents

2-bedroom fair-market rent (HUD reference)
$1,810/mo
3BR fair-market rent
$2,520/mo

Affordability

Cost of living index (Above Average)
105.0 (100 = US avg)
Electricity rate (state-level)
15.9¢/kWh
Natural gas rate (state-level)
$11.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
lightning, winterWeather, hail, inlandFlooding, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
47.0°F
Average high
62.0°F
Average low
32.0°F
Annual precipitation
19.6 in

Air quality

Air quality rating
Good
Median AQI (annual)
47
Days with Good air quality
240
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
9.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Florissant Fossil Beds National Monument (21 mi)
Nearest airport
Perry Park Airport (12 mi)
Nearest major airport
City of Colorado Springs Municipal Airport (COS) (25 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
4.0 / 5
Solar radiation rating
Good (4.9 kWh/m²/day)

Migration

Net migration
+933 tax filers

Housing stock

Median year housing built
1,988
Median annual property tax
$1,772
Mean commute to work
16 min
Households with broadband internet
88.4%

Employment & development

Total county employment
252,247
Average weekly wage
$1,228
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
2,733

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents