Article provided by: Keller Williams Clients' Choice Realty
Colorado Springs, CO real estate has been a hot topic recently with the rise in its popularity amongst the younger generation and its consistent rankings as one of the best places to live. If you’ve been considering purchasing a home in the state of Colorado, then Colorado Springs, CO real estate is definitely something you should highly consider. With one of our specialized and experienced agents, your dream home awaits.
Is Colorado Springs, CO a good place to live?
When deciding where you want to purchase your next home, this is a pretty important question to ask. Colorado Springs with its population of just over 460,000 residents is not only a scenic place to live, but it’s also one that continues to make compelling headlines with the growth of its business and downtown area. There are a plethora of activities in Colorado Springs that people even travel from all over the world to see.
If you love outdoor adventures then you’ll certainly enjoy summertime hikes at The Broadmoor Seven Falls and Garden of the Gods and world-class winter skiing and alpine sports on Pikes Peak. The Olympic Training Center is also located in Colorado Springs as well as the Olympics’ headquarters. There are also plenty of cultural attractions such as the Colorado Springs Pioneers Museum, Pikes Peak Center, Miramont Castle Museum and Money Museum by the American Numismatic Association.
There’s even a mountain zoo up in the clouds with cool views and 750 cool animals. Not to mention, the number of delicious dining options including various restaurants, bakeries and craft breweries.
Is it expensive to live in Colorado Springs?
Overall, the cost of living in Colorado Springs is slightly higher than the cost of living nationwide, however, it is lower compared to the overall state of Colorado. There are a few important categories whose pieces are below the overall average. Groceries are less expensive in Colorado Springs as well as transportation costs and utility bills. Though housing prices are slightly higher than the national average, these items can save you a lot of money in the long run.
What is the average salary in Colorado Springs?
The average household income in Colorado Springs is slightly above the national average at approximately $54,200 per year. The median age is around 34 years old with the number of millennials increasing greatly due to the attractiveness of Colorado Springs, CO real estate. On average, workers receive average annual earnings of around $47,000. Unemployment rates are also trending lower in Colorado Springs, which gives new residents a positive outlook for securing a job upon moving.
Overall, if you’re searching for a city that is a good and affordable place to live with a positive salary and employment outlook, then you’ll want to seriously consider investing in Colorado Springs, CO real estate. With a wide variety of attractions, entertainment, and dining options, Colorado Springs is an incredible place to call home. Come see for yourself why it’s one of the best places to live in the United States.