Colorado Springs, CO, is well known for its high altitude, measured at more than a mile above sea level, and its many outdoor attractions and recreation options. Colorado Springs is located at the base of Pike’s Peak, one of the most famous mountains in America, and it also contains the Garden of the Gods, a public park with a collection of unique geological formations that are thousands of years old. Along with the U.S. Olympic Training Center, Cheyenne Mountain Zoo, and the Colorado Springs Fine Arts Center, it’s no wonder why tourism is a top industry in this beautiful city.
Despite the influx of businesses and population growth in the area, home prices in Colorado Springs have remained affordable for certain areas. There are more than a hundred neighborhoods in Colorado Springs, mostly designated by cross-streets and historical significance. Some of the most expensive homes in the area are located on the eastern side of the city, with quiet, tree-lined streets and larger, more established homes and properties. Newer homes can be found in more rural areas, some as part of private developments with amenities such as fitness centers and gated entrances. Other recent builds are located on the outer edges of town on peaceful and private tracts of land.
The economy in Colorado Springs is stable, and it is driven by tourism, the military, and the many high-tech industries that have made their home in the area. The military is the top employer in the area, with Fort Carson, Peterson Air Force Base, Schriever Air Force Base, and the United States Air Force Academy employing nearly a quarter of the city’s residents. Other top employers in Colorado Springs include Memorial Health Services, Colorado Springs School District, Academy School District, and the City of Colorado Springs. Prominent businesses such as Boeing, L-3 Communications, General Dynamics, Hewlett-Packard, Lockheed Martin, Northrop Grumman, and Verizon Business operate within the city as well.