Colorado Springs
Colorado
City👥
Population
483,099
🎂
Median Age
35.6 yrs
💰
Median Income
$83,198
🏠
Median Home Price
$420,700
About Colorado Springs
Nestled at the foot of Pikes Peak and sitting at over 6,000 feet elevation, Colorado Springs has quietly transformed from a military town into one of the most dynamic mid-sized cities in the American West. With nearly 483,000 residents and a median age of just 35.6, it's a city that skews young, active, and ambitious…
Nestled at the foot of Pikes Peak and sitting at over 6,000 feet elevation, Colorado Springs has quietly transformed from a military town into one of the most dynamic mid-sized cities in the American West. With nearly 483,000 residents and a median age of just 35.6, it’s a city that skews young, active, and ambitious — and for good reason. If you’re weighing a move here, you’ll find a place that rewards outdoor enthusiasts, career-focused professionals, and families alike, all without the frantic pace of Denver just 70 miles to the north.
A City That Fits Multiple Lifestyles
One of Colorado Springs’ greatest strengths is its neighborhood variety. Old Colorado City offers a bohemian, artsy vibe with independent shops and restaurants along Colorado Avenue. Briargate in the north is a polished suburban corridor popular with families, while downtown has seen genuine revitalization with breweries, coffee shops, and local dining filling historic buildings. If you want wide-open space with mountain views practically outside your door, neighborhoods like Flying Horse or the Black Forest area deliver exactly that. The city is large enough to feel complete but still navigable enough that you won’t spend your life in traffic.
Cost of Living and Housing
Housing here is more attainable than in Denver, though the market has tightened considerably over the past several years. The median home price sits around $420,700, which buys you significantly more square footage than you’d find in metro Denver or any coastal city. With a median household income of $83,198, most professional households can realistically pursue homeownership here, though you’ll want to move quickly in competitive price ranges. Rentals are available throughout the city, with more affordable options in the Fountain Valley and Security-Widefield areas to the south. Overall, the cost of living tracks slightly above the national average, primarily driven by housing, but groceries, utilities, and everyday expenses remain reasonable.
Employment and Economy
The military presence here is substantial and stabilizing. Fort Carson, Peterson Space Force Base, Schriever Space Force Base, and the United States Air Force Academy collectively employ tens of thousands of people and support a broad ecosystem of defense contractors and aerospace firms. Companies like Northrop Grumman, Lockheed Martin, and Raytheon all have operations in the area. Beyond defense, the tech sector has been growing steadily, with cybersecurity in particular becoming a notable industry cluster. Healthcare is also a major employer, anchored by UCHealth Memorial Hospital and Penrose-St. Francis Health Services. The job market isn’t as diverse as Denver’s, so job seekers outside these core sectors should research carefully before making the leap.
Lifestyle and Recreation
This is where Colorado Springs genuinely shines. Garden of the Gods — a free city park with towering red rock formations — is world-class by any measure, and it’s just part of the daily backdrop. Residents have easy access to hiking and mountain biking on trails like the Barr Trail up Pikes Peak and the extensive Palmer Park trail system within city limits. The Broadmoor resort area offers upscale dining and the famous Seven Falls attraction. Winters bring snowfall but rarely the extreme cold of northern climates, and the famous 300 days of sunshine per year is more than a marketing slogan — it genuinely shapes the culture toward outdoor, active living year-round.
The Bottom Line
Colorado Springs rewards people who come prepared. If you have employment lined up in defense, aerospace, healthcare, or tech — or you’re bringing remote work with you — this city offers an exceptional quality of life at a price point that still makes sense. The scenery is legitimately stunning, the community is growing and energetic, and the outdoor access is unmatched. Do your homework on the job market, get pre-approved before house hunting, and come ready to explore. You’ll likely wonder why you waited so long.
🏠 Housing & Cost of Living
Median Home Price
$420,700
Median Rent
$1,562
Homeownership Rate
61.3%
💼 Employment & Economy
Unemployment Rate
5.5%
Colorado Springs Resources
Explore Other Colorado Cities
Quick Facts
- Population
- 483,099
- Diversity Index
- 27.7
Not sure if Colorado Springs is right for you?
Tell Relo Kate about your situation and she'll help you decide.
Ask Relo Kate →Ready to plan your move to Colorado Springs?
Build a custom relocation guide in minutes.
Build my guide →