Palmer lake is located in El paso county Colorado with a geographic area of 3.0 square miles. The total population in Palmer lake is 2,946 with 48.6% male and 51.4% female. Children under age 5 represent 4.3% of the population, under age 18 equal 15.3% of the population and over age 65 is 13.5% of the population. The median household income is $92,333, per capita income is $39,859. There are a total of 1,174 housing units with 92.6% owner occupied. Education includes 23.9% of residents that are high school graduates and 39.4% with a bachelor's degree or higher. The average temperature in Palmer lake in the summer is 68 degrees, and in the winter 29 degrees.