Neighborhood Profile

West Colorado Springs

Colorado
Colorado
Colorado Springs, CO | El Paso County
Scored premium profile
Best Neighborhoods USA Index
40.5
National rank: #10,869 of 14,967
Stability and Strength
42.6
Score
Value Opportunity
36.8
Score
Momentum
42.4
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#10,869 of 14,967
State rank#397 of 486
City rank#13 of 14
County rank#13 of 14
National percentile27.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$565,876
Year-over-year home value change-0.3%
Month-over-month home value change0.01%
Home value to income ratio7.80
Median household income$72,554
Bachelor's degree or higher43.4%
Civilian unemployment rate10.3%
Homeownership rate59.6%
Housing vacancy rate3.9%
Rent burden 30% or higher60.9%

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 West Colorado Springs

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

West Colorado Springs is ranked #13 of 14 eligible neighborhoods in Colorado Springs; #397 of 486 eligible neighborhoods in CO; and #10,869 of 14,967 eligible neighborhoods in the United States.

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

West Colorado Springs has a Best Neighborhoods USA Index of 40.5 and a city ranking of #13 of 14 eligible neighborhoods in Colorado Springs.

How much are homes worth in West Colorado Springs?

The current Zillow Home Value Index for West Colorado Springs is approximately $565,876.

Are home values rising or falling in West Colorado Springs?

Zillow neighborhood values changed -0.3% year over year and 0.01% month over month.

What is the Neighborhood Momentum Score for West Colorado Springs?

West Colorado Springs has a Neighborhood Momentum Score of 42.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in West Colorado Springs?

The NDS-derived neighborhood median household income is approximately $72,554.

How affordable is West Colorado Springs relative to household income?

The current Zillow home-value-to-household-income ratio is 7.80. Price-to-income affordability is a major Value Opportunity input.

Is West Colorado Springs primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 59.6%.

What is the unemployment rate in West Colorado Springs?

The NDS-derived civilian unemployment rate is approximately 10.3%.

How educated are residents of West Colorado Springs?

Approximately 43.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

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

Approximately 60.9% 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 West 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 applications675
Estimated originations406
Home-purchase applications346
Origination rate60.1%
Home-purchase share51.3%
Average application loan$374,003
Total application loan amount$252,471,354
National application rank#353 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 18.0% YoY; originations 11.0% 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.