Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Palmer Lake is a smaller city located in the state of Colorado. The city has a population of 3,023 residents. If we look at the most recent Census, Palmer Lake is known to have a predominantly White population. The next two most common races are Black and Asian. Palmer Lake is known to be family friendly as more than 71% of the population has already tied the knot. It might also be worth noting that 28% of residents also have children under the age of 18. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Palmer Lake, your commute times will be about average, with a one way commute time of 24 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the city before actually living in Palmer Lake, Colorado. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Palmer Lake and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, commute, health & safety, employment, housing and other important metrics.
Palmer Lake has a livability score of 68/100 and is ranked #120 in Colorado and #8,559 in the USA. Based on the scores for each individual category, Palmer Lake has received high marks for crime (B+) and employment (A+). There are some categories that Palmer Lake scores poorly for, including: amenities (F). It might be worth taking a closer look to figure out why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Palmer Lake shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 156 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Palmer Lake market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Palmer Lake is actually affordable. Median real estate prices in Palmer Lake come in at $590,589, which is 23.6% higher than the Colorado average. The home price to income ratio compares the median home prices to the median household income. In Palmer Lake, the home price to income ratio is 4.2, which is 17.6% lower than the Colorado average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Palmer Lake | Colorado | National |
| Average one way commute | 24min | 25min | 26min |
| Workers who drive to work | 77.9% | 75.2% | 76.4% |
| Workers who carpool | 7.2% | 9.3% | 9.3% |
| Workers who take public transit | 0.0% | 3.1% | 5.1% |
| Workers who bicycle | 0.0% | 1.3% | 0.6% |
| Workers who walk | 3.4% | 3.0% | 2.8% |
| Working from home | 10.3% | 7.0% | 4.6% |
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