Colorado Springs Among Top Metros to Live

Real Estate

Colorado Springs has a lot to offer as a great place to live. As our region continues to grow, more people are discovering just how easy it is to call this place home. U.S. News & World Report has recently released their annual ranking of the best places to live in the United States. Of the Top 100 Metro areas, Colorado Springs was ranked number 11, scoring 7.1 out of 10 points possible.

 

The methodology used to rank the top 100 metro regions covered a wide range of categories to get a big picture look at why people live where they do. Data pulled from various sources such as the U.S. Census Bureau and U.S. Dept. of Labor, was used within 5 key categories which were deemed the top amenities or benefits people are looking for when considering a move. These categories were determined through a public survey completed by U.S. News & World Report in order to rank American metros based on American preferences.

 

The 5 categories listed in ranking of most importance are:

 

Quality of Life Index (30%)

Value Index (25%)

Job Market Index (20%)

Desirability Index (15%)

Net Migration (10%)

 

Colorado Springs Scoring is as follows (out of 10 possible points in each category:

 

Quality of Life Index  6.6

Value Index  7.2

Job Market Index  7.0

Desirability Index  8.2

Net Migration  6.8

 

So, what does all this really mean? Simply stated, Colorado Springs is a desirable place to live for a variety of people with different lifestyles, the military and students being two larger groups which have long been attracted here. This is an area with a wide range of natural habitat, ideal for those who love to live closer to nature, and anyone who enjoys an active, recreational life. Combine a strong economy and lower cost of living compared to larger metros, such as Denver, and you have a wonderful place to call home. Colorado Springs is a city with big town amenities and small town community connections, which is highly appealing to many families.

 

U.S. News & World Report has provided a thoughtful, intelligent and beneficial study of each metro listed in their Top 100 Metros list. Under the Colorado Springs “snapshot” you can see some basic statistics such as average salary ($47,600) and median home price ($228,431), as well as a great value index which reflects the cost of living here, and more. With our 7.2 score in this category, we fare better than other metros of similar size. If you are thinking of moving here, this report is a great place to start learning more about Colorado Springs, an incredible place to live.

 

Whether you are buying or selling your home, connecting with a Realtor® who understands the community and local market provides you with the ideal resource for all your real estate needs. This can make a big difference in how happy you are with the process, and the results. We at Springs LifeStyles Real Estate are here to help you with all your real estate needs! Call Kathy Stenberg at (719) 963-4867 or you can email her at springslifestyles@gmail.com You can also visit us at our website for available listings and additional information.