Palmer Lake Real Estate View 10 listings HomeGuidesPalmer Lake Palmer Lake is a Statutory Town in El Paso County, Colorado, United States. The population was 2,420 at the 2010 census. Palmer Lake was founded by General William Jackson Palmer in 1871 and was incorporated in 1889. Wikipedia Elevation: 7,297′ Weather: 41°F (5°C), Wind S at 7 mph (11 km/h), 57% Humidity Zip code: 80133 Incorporated (town): March 12, 1889 Guides MonumentColorado SpringsCastle RockLarkspurWoodmoorKing’s DeerBent TreeGleneagleEl Paso CountyDouglas CountyPalmer LakeBlack Forest