Located in the state of Colorado, Colorado Springs is a highly populated city with a population of 448,759 residents. According to the most recent Census, 79% of Colorado Springs residents are White, 6% Black and 3% Asian. If you are looking for a family friendly city, Colorado Springs might be a good fit as 75% of the population over 15 years old are married, and 57% have kids who are 18 years old or younger.
Are you trying to decide if living in Colorado Springs is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Colorado, you will probably want to make sure that you check all of the most important boxes. With useful information like amenities, weather, education, employment and other key data points, finding the best places to live in Colorado Springs and in the areas around Colorado Springs is a much easier task.
The livability score in Colorado Springs is 69/100 and the city is ranked in the 58th percentile of all cities across America. There are seven total categories that form the livability score. Colorado Springs scores well for amenities (A+) and housing (B-). There is at least one category that does not have great scores in Colorado Springs. The following was graded with a less than perfect score: crime (F), weather (D) and education (F).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Colorado Springs, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Garden of the Gods, Pikes Peak, and Cheyenne Mountain Zoo.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Colorado Springs. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Colorado Springs are affordable. Median real estate prices in Colorado Springs come in at $222,100, which is 16.1% lower than the Colorado average. The home price to income ratio compares the median home prices to the median household income. In Colorado Springs, the home price to income ratio is 4, which is 4.8% lower than the Colorado average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Colorado Springs area were 9.1% and 5 year appreciation rates were 7.7%.