Is Colorado Springs, Colorado a Good Place To Live? - Living In Colorado Springs, CO

Is Colorado Springs, Colorado a good place to live?
Colorado Springs is a city in Colorado state in USA with a population of 471686 residents.. The poverty rate of Colorado Springs is 11.3%, which is 19% lower than national average. The typical household in Colorado Springs earns $67719 a year, compared to the national median of $67,500. Nearly 36.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Colorado Springs, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Colorado Springs remained 5.8%, which is 23% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Colorado Springs, only 40% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Colorado Springs is 107, which is 7% higher than national average. Median home value in Colorado Springs is $294500 , which is 28% higher than national average. While median income in Colorado Springs remained $67719, which is 0% lower than national average.
Population
471686
Unemployment
5.8%
23% NAT AVG.
Poverty
11.3%
19% NAT AVG.
Overall Score
7
Median Home Cost
$294500
28% NAT AVG.
Median Income
$67719
0% NAT AVG.
Median Rent
$1196
3% NAT AVG.
Cost Of Living
107
7% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 17
People Earning < $10,000
1 in 21
People Earning < $50,000
36.7%
People with <= High School
1 in 4
People With Any Degree
1 in 2
Pros & Cons Overview

Jobs80%

Housing85%

Affordability50%

Safety40%

Amenities90%

Diversity85%

Education85%

Commute80%