Palmer Lake, CO Real Estate
According to census data in the year 2000 there were 948 housing units in Palmer Lake.
This represents a 35% growth from 702 in 1990.
Of those housing units, 153 were located in either urbanized areas or urban clusters, and 795 were located in what is classified as a rural area.
Homeownership rate in Palmer Lake is about 80.3%.
Palmer Lake's vacancy rate, including seasonal lodging, is about 10.5%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Palmer Lake were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.50% |
| One Bedroom | 7.40% |
| Two Bedrooms | 27.80% |
| Three Bedrooms | 39.80% |
| Four Bedrooms | 14.20% |
| Five Bedrooms or more | 8.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $168,000 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $658 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 10.90% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 68.30% |
| Debt Free | 12.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22% |
