Cost of Living,
Colorado Springs's Real Estate Market
Colorado Springs Metro Area
Profile: Mid-sized city Location: Central Colorado at the base of the Front Range, 65 miles south of Denver Elevation: 6170 Time zone: Mountain Standard Time
|Attractive setting||Growth and sprawl|
|Summer climate||Economic cycles|
|Educational attainment||Crime rates|
Click here to Hide Profile
“The Springs,” once known as a resort city, has a strong military presence and a growing commercial economy led by varying components of the high-tech industry. Several military installations, including the U.S. Air Force Academy and the Space Command are located within or near the city. The surrounding prairie provides grazing land for cattle and sheep. Summer weather is notably pleasant and dry, with only 15 days above 90 degrees. The Rockies to the west and Denver to the north provide a broad range of outdoor recreation and other entertainment.
The area has seen – and has been strained by – a dramatic population growth over the last 30 years. Some of the accompanying physical and infrastructure growth, especially in its suburbs mainly to the north, is unattractive in contrast with the existing landscape. The influx has also brought some crime problems. Employment growth slowed, in part due to the downturn in the high-tech industry, but seems on an uptrend once again. The climate and physical setting are nice, there is plenty to do, and it is an attractive place to live overall with few major negatives.
Colorado Springs is located in relatively flat semiarid country on the eastern slope of the Rocky Mountains. Immediately to the west the mountains rise abruptly to heights ranging from 10,000 feet to 14,000 feet. Rolling prairie lies to the east. The climate is high-altitude continental with mild temperatures for the altitude. Uncomfortable extremes in summer and winter are rare and of short duration. Precipitation is relatively sparse, with over 80% falling between April and September mostly as thunderstorms. Humidity is low and it can be windy. First freeze is October 1, last is early May.
Interesting Facts about Colorado_Springs, Colorado
As of 2014, Colorado Springs's population is 417,534 people. Since 2000, it has had a population growth of 9.57 percent.--------------------
The median home cost in Colorado Springs is $189,900. Home appreciation the last year has been 2.90 percent.--------------------
Compared to the rest of the country, Colorado Springs's cost of living is 0.90% Higher than the U.S. average.--------------------
Colorado Springs public schools spend $9,018 per student. The average school expenditure in the U.S. is $12,435. There are about 15.8 students per teacher in Colorado Springs.--------------------
The unemployment rate in Colorado Springs is 7.00 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Colorado Springs jobs have Increased by 0.88 percent.
Ranked #2 Best Cities for Teleworking - Small Metro Areas
Ranked #2 America’s Best (and Worst) Cities for Dating
Ranked #15 America's Riskiest Online Cities
Ranked #17 Most Secure Places to Live 2011 (Large Metros)
Ranked #18 2005 Best Places to Live
See More Rankings Click Here
Average Commute time is 21 minutes. The National Average is 25 minutes.--------------------
Colorado Springs's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes