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Palmer Lake, Colorado

town · El Paso County

At a glance

2,623
Population
$485,700
Median home value (all homes)
60% above U.S. median
$536,483
Typical market value
Zillow, 2026-07
$1,911/mo
Median rent
42% above U.S. median
$125,357
Median household income
60% above U.S. median
21.8 min
Average commute
97.6%
Homes with broadband
5.2%
Locations with fiber available
5.5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 119 — 19% above the national average. how it's computed

Housing78% above
Goods & services2% below
Utilities20% below
Taxes22% below
Insurance16% above
Commute cost23% below
For business: Colorado is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college8 mi
Nearest community college15 mi
Nearest technical college16 mi
High school graduates98.3%
College graduates44%

Doing business here

Economic development contacts, most local first:

state Colorado Economic Development
The Colorado Office of Economic Development and International Trade promotes economic growth and long-term job creation by supporting small businesses and encouraging business expansion across Colorado, and champions industries like the creative industries, outdoor recreation, and tourism.
State sales taxYes
State income taxYes
Right-to-work stateNo

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