Neighborhood Guide

Palmer Park

Colorado Springs, CO 80909

Data Verified: Jul 5, 2026

About this Area

Palmer Park, named after the legendary General William Jackson Palmer, is a sprawling 750-acre urban park that defines the heart of its namesake neighborhood in Colorado Springs. Established in the late 19th century as a gift to the city by General Palmer, the park has long been a cornerstone of the community, offering residents a natural escape with its rugged trails, scenic overlooks, and diverse wildlife. The surrounding neighborhood, developed in the early 20th century, retains a rustic, outdoorsy vibe with a mix of mid-century ranch homes, cozy cottages, and modern infill properties. Palmer Park’s identity is deeply tied to its connection with nature, attracting outdoor enthusiasts, families, and nature lovers who appreciate the neighborhood’s laid-back, adventurous spirit. The area’s history is also marked by its role in the city’s growth, with many original homes still standing as a testament to its enduring legacy.

The real estate market in Palmer Park is as diverse as the landscape itself, featuring a range of architectural styles from mid-century ranch homes to contemporary mountain-style residences. Median home values in the area are approximately $352,400, offering a mix of affordability and investment potential. Lots in Palmer Park are typically larger than average, with many properties sitting on 0.25 to 1-acre parcels, providing ample space for gardens, outdoor living, and privacy. The neighborhood’s real estate market is characterized by a steady demand, particularly among buyers seeking a balance between urban convenience and natural beauty. Homes here often feature open floor plans, large windows to capture mountain views, and expansive decks or patios for outdoor entertaining.

Palmer Park residents enjoy unparalleled access to outdoor recreation, with the neighborhood’s namesake park offering over 25 miles of hiking and biking trails, playgrounds, and picnic areas. The park is also home to the Palmer Park Visitor Center, which provides educational programs and guided tours. For shopping and dining, residents can head to nearby Northgate Road or Austin Bluffs Parkway, where a variety of local shops, grocery stores, and restaurants cater to everyday needs. Education is a strong suit of the area, with schools like Galileo School of Math and Science and Wasson High School providing excellent academic opportunities. The neighborhood’s proximity to major employers, including the University of Colorado Colorado Springs and Fort Carson, adds to its appeal for working professionals.

Palmer Park is a hidden gem for buyers who prioritize outdoor living, community, and a strong connection to nature without sacrificing urban amenities. With a median income of $61,777, residents enjoy a stable economic environment and a high quality of life, supported by excellent schools, low crime rates, and a thriving local economy. Commute times are reasonable, with downtown Colorado Springs just a 15-minute drive away and major highways providing easy access to the rest of the city. The neighborhood’s walkability, coupled with its proximity to Palmer Park and other outdoor attractions, makes it an ideal choice for families, outdoor enthusiasts, and professionals alike. Whether you’re drawn to its rustic charm, outdoor adventures, or prime location, Palmer Park offers a lifestyle that’s both active and deeply rewarding.

Homendo Valuation Index
Quality of Life 88
Environment 82
Education 98
Safety 86
Demographics
Population
36,171
Density
2,800
Median Age
36.8
Income
$61,777
StatisticZipCityCountyStateUSA
Population 36,171 483,099736,0085,810,774332,387,540
Median Age 36.8 35.635.037.538.7
People per Household 2.24 2.392.522.452.54
Median Household Income $61,777 $83,198$87,470$92,470$78,538
Avg Income per Capita $34,570 $44,893$44,250$50,489$43,289
Real Estate Market
Median Value
$352,400
Median Rent
$1,102
Available
283
MetricZipCityCountyStateUSA
Median Sale Price$352,400$420,700$431,000$502,200$303,400
Median Age of Home6039373845
Homes Owned51.9%58.7%63.3%60.6%58.2%
Homes Rented44.3%37.0%32.1%30.8%31.3%
Homes Vacant3.8%4.4%4.6%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index106.5106.5106.5106.5100.0
Commute Time (min)21.222.823.525.526.6
Work from Home11.8%16.1%15.4%18.8%13.5%
Climate
Jan Low
19.4°
July High
86.9°
Rain
13.1"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)19.419.419.419.419.4
July Avg High (°F)86.986.986.986.986.9
Annual Precip (in)13.113.113.113.113.1
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Palmer Park

Palmer Park is an accessible entry-point into the CO real estate market located in Colorado Springs. The neighborhood is offering a healthy balance of homeownership and rental opportunities..

Demographically, the area attracts a diverse age group (Median Age: 36.8), creating a unique community atmosphere. With a median household income of $61,777, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Palmer Park is currently active. The median home value stands at $352,400, reflecting the desirability of the Colorado Springs area. For investors or those looking to lease, the median rent is approximately $1,102.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 3.8%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Palmer Park holds a Homendo Safety Score of 86 and an Environmental Quality Score of 82. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Colorado Springs region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Palmer Park is rated at 98 on the Homendo Index. Located within the El Paso County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
Powered By
WalkScore™
Walk
Very Walkable
73
Transit
Some Transit
42
Bike
Somewhat Bikeable
39
School Ratings

Check rating and reviews of schools in this area.

View Schools