What is the Best Neighborhoods USA ranking for Powers?
Powers is ranked #4 of 14 eligible neighborhoods in Colorado Springs; #201 of 486 eligible neighborhoods in CO; and #5,004 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Powers
Colorado Springs, CO | El Paso County
Scored premium profile
Best Neighborhoods USA Index
57.2
Stability and Strength
64.9
Value Opportunity
66.1
Momentum
32.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Colorado Springs, CO |
| County | El Paso County |
| National rank | #5,004 of 14,967 |
| State rank | #201 of 486 |
| City rank | #4 of 14 |
| County rank | #4 of 14 |
| National percentile | 66.6 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $469,965 |
| Year-over-year home value change | -1.7% |
| Month-over-month home value change | 0.00% |
| Home value to income ratio | 4.27 |
| Median household income | $109,958 |
| Bachelor's degree or higher | 43.7% |
| Civilian unemployment rate | 3.8% |
| Homeownership rate | 70.0% |
| Housing vacancy rate | 3.1% |
| Rent burden 30% or higher | 49.7% |
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 Powers
Is Powers one of the best neighborhoods in Colorado Springs?
Powers has a Best Neighborhoods USA Index of 57.2 and a city ranking of #4 of 14 eligible neighborhoods in Colorado Springs.
How much are homes worth in Powers?
The current Zillow Home Value Index for Powers is approximately $469,965.
Are home values rising or falling in Powers?
Zillow neighborhood values changed -1.7% year over year and 0.00% month over month.
What is the Neighborhood Momentum Score for Powers?
Powers has a Neighborhood Momentum Score of 32.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Powers?
The NDS-derived neighborhood median household income is approximately $109,958.
How affordable is Powers relative to household income?
The current Zillow home-value-to-household-income ratio is 4.27. Price-to-income affordability is a major Value Opportunity input.
Is Powers primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 70.0%.
What is the unemployment rate in Powers?
The NDS-derived civilian unemployment rate is approximately 3.8%.
How educated are residents of Powers?
Approximately 43.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Powers face high rent burden?
Approximately 49.7% 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 Powers?
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
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 applications1,973
Estimated originations1,246
Home-purchase applications940
Origination rate63.2%
Home-purchase share47.7%
Average application loan$340,680
Total application loan amount$672,181,688
National application rank#45 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.2% YoY; originations 1.1% 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.