Palmer Lake is a Statutory Town in El Paso County, Colorado, United States. The population was 2,420 at the 2010 census. Palmer Lake was founded by General William Jackson Palmer in 1871 and was incorporated in 1889.
Palmer Lake is located at 39°6′48″N 104°54′18″W / 39.11333°N 104.90500°W / 39.11333; -104.90500 (39.113371, -104.904933).
The town is bordered by the Greenland Open Space Preserve to the north, Pike National Forest to the west, Monument to the south, and Ben Lomond and the I-25 corridor to the east. Palmer Lake sits at the north edge of El Paso County and offers sweeping views of the Rocky Mountain foothills.
According to the United States Census Bureau, the town has a total area of 3.1 square miles (8.0 km). 3.1 square miles (8.0 km) of this is land and 0.04 square miles (0.10 km) of it (0.65%) is water.
The town marks the top of the Palmer Divide, a ridge running from Palmer Lake eastward which separates the Arkansas River drainage to the south from the Platte River drainage to the north. The highest point of the divide is about 7,700 feet (2,300 m) above sea level at Vollmer Hill located in the Black Forest. At Monument Hill the elevation is about 7,352 feet (2,241 m). It staggers along the county line between Douglas County and El Paso County. This divide separates the Denver metropolitan area from the Pikes Peak area. The town’s namesake, Palmer Lake, is situated at 7,250 feet (2,210 m).
As of the census of 2010, there were 2,420 people families residing in the town’s 1,079 housing units. This represented an increase of 11.06% (241 persons) over the 2000 census count. Of its 2420 inhabitants, 75.9% were age 18 or over and 24.1% were under 18 years of age. The racial makeup of the town was 88.3% White, 0.05% African American, 0.40% Native American, 0.60% Asian, 0.01% Pacific Islander, 0.7% from other races, and 2.5% from two or more races. Hispanic or Latino of any race were 7.0% of the population.
In 2000, there were 843 households out of which 37.7% had children under the age of 18 living with them, 58.1% were married couples living together, 7.7% had a female householder with no husband present, and 32.3% were non-families. 24.0% of all households were made up of individuals and 5.0% had someone living alone who was 65 years of age or older. The average household size was 2.58 and the average family size was 3.15. In the town, the population was spread out with 28.6% under the age of 18, 5.9% from 18 to 24, 35.0% from 25 to 44, 24.2% from 45 to 64, and 6.3% who were 65 years of age or older. The median age was 37 years. For every 100 females, there were 104.6 males. For every 100 females age 18 and over, there were 98.0 males. The median income for a household in the town was $52,340, and the median income for a family was $65,074. Males had a median income of $42,122 versus $30,078 for females. The per capita income for the town was $25,505. About 4.8% of families and 6.5% of the population were below the poverty line, including 9.8% of those under age 18 and 2.7% of those age 65 or over.