Neighborhood Profile

Northeast Colorado Springs

Colorado
Colorado
Colorado Springs, CO | El Paso County
Scored premium profile
Best Neighborhoods USA Index
50.2
National rank: #7,525 of 14,967
Stability and Strength
55.6
Score
Value Opportunity
57.0
Score
Momentum
32.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationColorado Springs, CO
CountyEl Paso County
National rank#7,525 of 14,967
State rank#295 of 486
City rank#7 of 14
County rank#7 of 14
National percentile49.7
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$462,604
Year-over-year home value change-1.6%
Month-over-month home value change-0.03%
Home value to income ratio4.76
Median household income$97,208
Bachelor's degree or higher41.6%
Civilian unemployment rate6.1%
Homeownership rate64.2%
Housing vacancy rate3.6%
Rent burden 30% or higher51.5%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Northeast Colorado Springs

What is the Best Neighborhoods USA ranking for Northeast Colorado Springs?

Northeast Colorado Springs is ranked #7 of 14 eligible neighborhoods in Colorado Springs; #295 of 486 eligible neighborhoods in CO; and #7,525 of 14,967 eligible neighborhoods in the United States.

Is Northeast Colorado Springs one of the best neighborhoods in Colorado Springs?

Northeast Colorado Springs has a Best Neighborhoods USA Index of 50.2 and a city ranking of #7 of 14 eligible neighborhoods in Colorado Springs.

How much are homes worth in Northeast Colorado Springs?

The current Zillow Home Value Index for Northeast Colorado Springs is approximately $462,604.

Are home values rising or falling in Northeast Colorado Springs?

Zillow neighborhood values changed -1.6% year over year and -0.03% month over month.

What is the Neighborhood Momentum Score for Northeast Colorado Springs?

Northeast Colorado Springs has a Neighborhood Momentum Score of 32.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Northeast Colorado Springs?

The NDS-derived neighborhood median household income is approximately $97,208.

How affordable is Northeast Colorado Springs relative to household income?

The current Zillow home-value-to-household-income ratio is 4.76. Price-to-income affordability is a major Value Opportunity input.

Is Northeast Colorado Springs primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 64.2%.

What is the unemployment rate in Northeast Colorado Springs?

The NDS-derived civilian unemployment rate is approximately 6.1%.

How educated are residents of Northeast Colorado Springs?

Approximately 41.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Northeast Colorado Springs face high rent burden?

Approximately 51.5% 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 Northeast 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.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications2,217
Estimated originations1,370
Home-purchase applications935
Origination rate61.8%
Home-purchase share42.2%
Average application loan$285,797
Total application loan amount$633,643,053
National application rank#33 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.7% YoY; originations 7.6% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.