Palmer Lake

Small-town Tri-Lakes living at 7,200 ft — reservoir trails, star lighting, and Lewis-Palmer schools

Population
~2,600
Median Price
$463K–$529K
Distance
~55 mi S of Denver · ~25 mi N of Colorado Springs via I-25
Walk Score
Very low — car-dependent small mountain town; no commercial core for errands
Safety
4.9 per 1,000 — low
crime rate
Palmer Lake StarTri-Lakes CommunityLewis-Palmer D38Reservoir Hiking
Overview

Why People Move Here

Palmer Lake is the quieter, more affordable sibling in the Tri-Lakes corridor — 2,600 people at 7,200 ft with reservoir hiking, the iconic hillside star, and the same Lewis-Palmer D38 schools (#5 in CO) as Monument. At $463K–$529K, it's $100K+ below Monument's median, making it the entry point into one of Colorado's best school districts.


By the Numbers

Key Statistics

Data sourced from census records, school district reports, and local transit authorities.

Population
~2,600
Median Home
$463K–$529K
Redfin $463K (up 20% YoY — low volume, volatile) · Zillow $529K. Woodmoor (adjacent CDP) runs $678K.
Median Income
$104,712–$125,357
household
School Rating
A
Lewis-Palmer School District 38
Distance
~55 mi S of Denver · ~25 mi N of Colorado Springs via I-25
to downtown
Parks & Trails
5+
nearby

Transportation

Commute Times

Colorado Springs25–30 min
Monument5–10 min
Denver55–65 min

Education

School Districts

Lewis-Palmer School District 38

A

#5 Best School District in Colorado (Niche 2026)

  • Same top-tier LP38 district as Monument
  • Palmer Ridge HS — A, modern campus
  • Lewis-Palmer HS — A, flagship

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Common Questions

FAQ — Palmer Lake

What are the school ratings in Palmer Lake?

Palmer Lake is served by Lewis-Palmer School District 38, rated A by Niche and ranked #5 Best School District in Colorado (2026) — the same top-tier district as neighboring Monument. Palmer Ridge High School (A) and Lewis-Palmer High School (A) both serve the area. LP38 is the shared educational anchor of the entire Tri-Lakes corridor. Verify zoning by address, as district boundaries can vary.

How long is the commute from Palmer Lake to Colorado Springs or Denver?

Palmer Lake is approximately 25 miles north of Colorado Springs and 55 miles south of Denver, both via I-25. Off-peak drive time to Colorado Springs is 25–30 minutes. Monument is just 5–10 minutes south and shares the Tri-Lakes identity. Denver is 55–65 minutes north on I-25. There is no public transit — the area is entirely car-dependent.

What is the median home price in Palmer Lake?

As of 2026, the median home price in Palmer Lake ranges from $463K (Redfin, up 20% year-over-year, though this reflects very low sales volume and significant volatility) to $529K (Zillow). Adjacent Woodmoor runs approximately $678K. Palmer Lake is typically $100K+ below Monument’s median, making it the entry point into the Lewis-Palmer D38 school district.

What outdoor recreation is available in Palmer Lake?

The Palmer Lake Reservoir Trail is a short but scenic hike to the upper and lower reservoirs at the base of Ben Lomond Mountain. The New Santa Fe Regional Trail extends 14+ miles connecting Palmer Lake to Monument and the Air Force Academy. The Palmer Lake Recreation Area offers 36 acres for fishing, hiking, and biking. Ben Lomond Mountain provides a challenging summit hike with panoramic Pikes Peak views. Glen Park hosts town events and picnic areas.

What are the crime statistics in Palmer Lake?

Palmer Lake reports a violent crime rate of 4.9 per 1,000 residents, which is low. Property crime is also low, consistent with a small mountain town of approximately 2,600 people.

What is the cost of living in Palmer Lake?

Palmer Lake’s cost of living is below the national average, particularly notable given the access to LP38 schools (top-5 in Colorado). Median household income ranges from $104,712 to $125,357. The median age is 49.4. Property taxes follow El Paso County rates.

What dining options are available in Palmer Lake?

Palmer Lake has a small but well-regarded dining scene centered on the town’s core: • O’Malley’s Steak Pub — locally owned since 1986, breakfast, lunch, and bar • Speed Trap Bistro — beloved local brunch and dinner spot • 105 Social House — small plates and craft cocktails • Rock House Ice Cream — lunch and ice cream in the heart of town Palmer Lake Pub offers craft beer and pub grub with lake views. Lake & Lantern Cafe serves quality coffee.

What healthcare facilities are near Palmer Lake?

UCHealth Memorial Hospital in Colorado Springs is the nearest major medical center, approximately 25 minutes south. Palmer Lake’s small-town setting means most medical appointments require driving to Monument (5–10 minutes) or Colorado Springs for a full range of healthcare services.


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