What is the Best Neighborhoods USA ranking for Central Colorado Springs?
Central Colorado Springs is ranked #11 of 14 eligible neighborhoods in Colorado Springs; #393 of 486 eligible neighborhoods in CO; and #10,529 of 14,967 eligible neighborhoods in the United States.
Is Central Colorado Springs one of the best neighborhoods in Colorado Springs?
Central Colorado Springs has a Best Neighborhoods USA Index of 41.6 and a city ranking of #11 of 14 eligible neighborhoods in Colorado Springs.
How much are homes worth in Central Colorado Springs?
The current Zillow Home Value Index for Central Colorado Springs is approximately $376,316.
Are home values rising or falling in Central Colorado Springs?
Zillow neighborhood values changed -1.3% year over year and 0.05% month over month.
What is the Neighborhood Momentum Score for Central Colorado Springs?
Central Colorado Springs has a Neighborhood Momentum Score of 36.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Central Colorado Springs?
The NDS-derived neighborhood median household income is approximately $67,786.
How affordable is Central Colorado Springs relative to household income?
The current Zillow home-value-to-household-income ratio is 5.55. Price-to-income affordability is a major Value Opportunity input.
Is Central Colorado Springs primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 48.1%.
What is the unemployment rate in Central Colorado Springs?
The NDS-derived civilian unemployment rate is approximately 5.6%.
How educated are residents of Central Colorado Springs?
Approximately 35.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Central Colorado Springs face high rent burden?
Approximately 54.1% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Central Colorado Springs?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.