Palmer Lake is a very small town located in the state of Colorado. With a population of 2,579 people and just one neighborhood, Palmer Lake is the 112th largest community in Colorado.
Real Estate Prices
Housing costs in Palmer Lake are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.
Occupations and Workforce
Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Palmer Lake is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Palmer Lake is a town of sales and office workers, service providers and professionals. There are especially a lot of people living in Palmer Lake who work in office and administrative support (15.59%), food service (11.69%) and sales jobs (11.54%).
Also of interest is that Palmer Lake has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 11.44% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
Because of many things, Palmer Lake is a great place for families with children to consider. First of all, many other families with children live here, making Palmer Lake a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Palmer Lake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Palmer Lake’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.