Richest Neighborhoods In Colorado Springs, CO For 2020


We used science and data to determine which Colorado Springs neighborhoods have the richest people.

Editor’s Note: We updated this article for 2020. This is our fifth time ranking the richest neighborhoods to live in Colorado Springs.
Richest Neighborhoods In Colorado Springs

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably aren’t made of ticky tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Colorado Springs has to offer. Where houses go for over 2.56x the national median and household incomes are 1.8x the national median.

But where exactly in Colorado Springs do the richest of the rich people live? That would be Southwest Colorado Springs where the median income is a cool $98,855.

Here’s a look at the top 10 richest neighborhoods in Colorado Springs out of 11 for 2020.

The Richest Neighborhoods In Colorado Springs For 2020

  1. Southwest Colorado Springs (Homes)
  2. Northgate (Homes)
  3. Northwest Colorado Springs (Homes)
  4. Old Colorado City (Homes)
  5. Briargate (Homes)

What’s the richest neighborhood to live in Colorado Springs for 2020? According to the most recent census data, Southwest Colorado Springs looks to be the richest Colorado Springs neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $722,340. And that my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky. Continue on to find where your neighborhood ranks amongst the richest in Colorado Springs. Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest.

For more Colorado Springs reading, check out the best neighborhoods in Colorado Springs and the worst neighborhoods in Colorado Springs. Or, for living around Colorado Springs, out the best Colorado Springs suburbs and the worst Colorado Springs suburbs.

For more Colorado reading, check out:

How We Determined The Wealthiest Neighborhoods In Colorado Springs For 2020

Every city has it’s best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we really mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using census and extrapolated BLS data, we ranked every neighborhood based on income levels.

We ranked every neighborhood in Colorado Springs by median income from highest to lowest. The neighborhood with the highest median income, Southwest Colorado Springs, was named the richest neighborhood in Colorado Springs.

The poorest neighborhood? That would be Southeast Colorado Springs.

Now a look at how all the neighborhoods in Colorado Springs ranked.

For more Colorado reading, check out:

Detailed List Of The Richest Neighborhoods In Colorado Springs For 2020

Rank Neighborhood Median Household Income<
1 Southwest Colorado Springs $98,855
2 Northgate $98,508
3 Northwest Colorado Springs $92,272
4 Old Colorado City $86,274
5 Briargate $84,108
6 Powers $61,137
7 Northeast Colorado Springs $53,034
8 Central Colorado City $51,237
9 West Colorado Springs $49,735
10 East Colorado Springs $47,180
11 Southeast Colorado Springs $39,845

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.