There are 20 nursing homes near Palmer Lake, Colorado. The daily costs for nursing home care in Colorado range from $170 up to $261, with a mean cost running approximately $217. The per month cost averages roughly $6,510 and ranges between $5,100 and $7,830. On an annual basis, the mean cost is around $79,205, which is over the nationwide average of $77,380.
Nursing home care costs in Palmer Lake, CO can range from $203 per day to $319 per day, with an average cost of around $241 per day. That equates to an annual cost of around $87,965.
Located in El Paso County, Palmer Lake is a small town in the State of Colorado. It is included in the Colorado Springs metro statistical area. It has a population of just 2,042, with 507,819 inhabitants in the encompassing statistical area. People who are 55 and over comprise about 25% of the population.
Palmer Lake has an above average SeniorScore™ of 78. The city has a median per capita income of $28,000 and a median household income is $56,000 (the Colorado state average is $51,000). The current unemployment rate is approximately 3.25% and the average housing price is $330,000, which is somewhat higher than the Colorado average of $318,000.
Palmer Lake has harsh mean temperatures, with severely cold winters and pleasant summers. The area receives ideal levels of rainfall each year. Compared to other cities, Palmer Lake has lower than average air quality and an exceptionally low rate of crime.