Living in Palisade, Colorado
Cost of living, income, home prices, rent and demographics of Palisade · Census data 2020–2024
Palisade has 2,584 residents with a median age of 51.8. The median household income is $80,587 (16% lower than the Colorado median), the median home value is $404,600, the median rent is $1,203/month.
Palisade at a glance
- Population
- 2,584
- Median age
- 51.8State: 37.7
- Median household income
- $80,587State: $95,470
- Median home value
- $404,600State: $539,400
- Median rent
- $1,203/moState: $1,761
- Homeowners
- 66.6%
- Bachelor's degree or higher
- 32.6%
- Average commute
- 32 min
Is Palisade a good place to live?
Pros: Home values 25% lower than the state median; a poverty rate of 9%.
Cons: Median household income 16% lower than the Colorado median; an average commute of 32 minutes; unemployment of 5.4%.
The weather is best in May–June and September–October.
Cost of living in Palisade
Housing is the biggest part of the cost of living. In Palisade the median home value is $404,600, 22% higher than the U.S. median. Renters pay a median of $1,203 per month, which is 33.5% of household income. Homeowners with a mortgage pay $1,733 a month in housing costs.
Palisade median household income
The median household income in Palisade is $80,587 and the income per person is $45,594. 9% of residents live below the poverty line (Colorado: 9.4%).
Housing in Palisade: homes for sale and rent
- Housing units
- 1,440
- Owner-occupied
- 66.6%
- Renter-occupied
- 33.4%
- Vacant
- 9.9%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 1.94
Palisade demographics
- Population
- 2,584
- Median age
- 51.8
- Under 18
- 11.1%
- 65 and older
- 26.5%
- Households
- 1,297
- Foreign-born
- 1%
- Veterans
- 16.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Palisade ›
Education in Palisade
32.6% of adults 25 and older in Palisade have a bachelor's degree or higher (Colorado: 45.7%), and 7.8% have a graduate or professional degree.
Jobs and commute in Palisade
- Unemployment rate
- 5.4%State: 4.6%
- Average commute
- 32 minState: 25 min
- Work from home
- 32.5%
- Drive alone
- 58.4%
- Public transit
- 1.3%
- Walk to work
- 5.7%
- Homes with broadband
- 92.1%
Palisade vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palisade | 2,584 | $80,587 | $404,600 | $1,203 |
| Clifton | 19,518 | $52,100 | $250,500 | $1,107 |
| Fruitvale | 8,019 | $77,887 | $333,100 | $1,686 |
| Orchard Mesa | 6,945 | $80,359 | $332,600 | $1,535 |
| Grand Junction | 68,142 | $70,080 | $389,800 | $1,142 |
| Redlands | 8,868 | $92,391 | $487,500 | $1,488 |
| De Beque | 458 | $63,558 | $241,700 | $1,094 |
| Fruita | 13,691 | $87,184 | $398,200 | $1,472 |
| Collbran | 356 | $50,833 | $246,600 | — |
More for people moving to Palisade
Palisade ZIP code ›Weather and climate ›Living in Palisade: FAQ
What is the median household income in Palisade, CO?
The median household income in Palisade is $80,587, 16% lower than the Colorado median of $95,470 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palisade?
The median home value in Palisade is $404,600, compared with $539,400 in Colorado.
How much is rent in Palisade?
The median gross rent in Palisade is $1,203 per month, about 33.5% of household income.
Is Palisade, CO a good place to live?
Pluses: home values 25% lower than the state median; a poverty rate of 9%. Minuses: median household income 16% lower than the Colorado median; an average commute of 32 minutes; unemployment of 5.4%.
What is the median age in Palisade?
The median age in Palisade is 51.8 years (Colorado: 37.7).
How long is the commute in Palisade?
The average commute to work in Palisade is 32 minutes; 32.5% of workers work from home.
What is the unemployment rate in Palisade?
The unemployment rate in Palisade is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palisade?
32.6% of adults in Palisade have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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