Palmer Lake, CO Population

Overview

2,652

Total Population

53.2

Median age

48.94%

Female population %

104.3:100

Gender ratio (M:F)

55-59 years

Largest age group

35.8

Total dependency ratio

White

Largest racial group

384

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Palmer Lake's population is old compared to the rest of the country:

The median age in Palmer Lake is 53.2, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Palmer Lake's population under 18 was 10.56%, compared to the 22.51% nationwide.
Palmer Lake's elderly or the senior population (over 65 age) was 17.38% as compared to 16.04% nationwide.
Of the total population in Palmer Lake, 8.97% were under the age of 15, 17.19% aged 15 to 29, 56.45% aged 30 to 64, 15.84% aged 65 to 84, and 1.55% were 85 years of age and older.

There are 56 less females than males in Palmer Lake:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 48.94% females and 51.06% males in Palmer Lake, CO.
The Palmer Lake, CO gender ratio is 104.3:100 i.e. 104.3 men to 100 women (1.043).
For male population, the largest age group is 60-64 years with a population of 199.
For the female population, the largest age group is 55-59 years with a population of 277.

Palmer Lake's population has become increasingly diverse:

Racial distribution of Palmer Lake population: 89.71% are White, 1.32% are Black or African American, 0.68% are Asian, 3.13% are some other race and 5.17% are multiracial.
Palmer Lake's racial breakdown clearly shows that there is an absolute majority of White population in the town.
By ethnicity, 384 is Hispanic or Latino (of any race), and 2,268 (85.52% of the total population) is Non-Hispanic.
The largest racial group in Palmer Lake is White with a population of 2,379 (89.71% of the total population).

Palmer Lake's population has already reached its peak and is showing a trend of decline:

The peak population was 3,004 in the year 2019
From 2000 to 2010, Palmer Lake's population increased by 368 (16.93%), as compared to the national growth of 9.63%.
From 2010 to 2020, Palmer Lake's population increased by 114 (4.48%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Palmer Lake's population was lowest in year 2000 at 2,174.