What is the median household income in Colorado Springs, CO?
The median household income in Colorado Springs, CO is $84,818 (±$1,638) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,648 a month would take about $65,900 a year at the common guideline of spending no more than 30% of income on rent.
In Colorado Springs, the median household income went from $64,712 in 2015–2019 to $84,818 in 2020–2024 (+31.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $84,818 (±$1,638)
- Median renter income
- $61,410 (±$1,584)
- Income to afford median rent
- about $65,900
Income in Colorado Springs against El Paso County, its state and the nation
| Colorado Springs | El Paso County | Colorado | United States | |
|---|---|---|---|---|
| Median household income | $84,818 (±$1,638) | $90,363 (±$1,401) | $95,470 (±$578) | $80,734 |
| Median renter household income | $61,410 (±$1,584) | $61,925 (±$1,375) | $63,537 (±$555) | $52,966 |
| Median owner household income | $109,684 (±$2,731) | $112,487 (±$1,846) | $117,732 (±$838) | $100,009 |
| Median gross rent | $1,648 (±$23) | $1,696 (±$20) | $1,761 (±$7) | $1,413 |
In Colorado Springs, median household income is lower than in El Paso County ($90,363).
It is also lower than in Colorado ($95,470).
It is higher than the national figure ($80,734).
In El Paso County, Colorado Springs ranks 11 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 143 of 325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Colorado Springs
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,648 a month ($19,776 a year) needs an income of about $65,900 a year.
The median renting household in Colorado Springs earns $61,410 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $64,712 (±$909) | $84,818 (±$1,638) | +31.1% | Up after inflation |
| Median gross rent | $1,131 (±$13) | $1,648 (±$23) | +45.7% | Up after inflation |
| Median home value | $269,800 (±$2,316) | $452,600 (±$3,013) | +67.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Colorado Springs
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Colorado Springs | — | $84,818 (±$1,638) | — |
| Cimarron Hills | 3.3 mi | $80,808 (±$5,358) | Not measurably different |
| Stratmoor | 6.6 mi | $65,000 (±$12,840) | Lower |
| Manitou Springs | 8.2 mi | $85,000 (±$20,176) | Not measurably different |
| Security-Widefield | 8.4 mi | $91,142 (±$5,192) | Higher |
| Air Force Academy | 10 mi | $69,474 (±$32,777) | Not measurably different |
| Gleneagle | 12 mi | $139,653 (±$17,784) | Higher |
| Fort Carson | 12 mi | $66,237 (±$8,406) | Lower |
| Fountain | 13 mi | $86,242 (±$6,912) | Not measurably different |
Nearby places with a measurably lower figure: Stratmoor, CO ($65,000), Fort Carson, CO ($66,237).
Nearby places with a measurably higher figure: Security-Widefield, CO ($91,142), Gleneagle, CO ($139,653).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across El Paso County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Palmer Lake | $125,357 (±$22,391) |
| 6 | Cascade-Chipita Park | $119,531 (±$66,580) |
| 7 | Green Mountain Falls | $101,827 (±$44,101) |
| 8 | Security-Widefield | $91,142 (±$5,192) |
| 9 | Fountain | $86,242 (±$6,912) |
| 10 | Manitou Springs | $85,000 (±$20,176) |
| 11 | Colorado Springs | $84,818 (±$1,638) |
| 12 | Cimarron Hills | $80,808 (±$5,358) |
| 13 | Air Force Academy | $69,474 (±$32,777) |
| 14 | Fort Carson | $66,237 (±$8,406) |
| 15 | Stratmoor | $65,000 (±$12,840) |
| 16 | Calhan | $62,321 (±$22,100) |
Showing 12 of 16 places in El Paso County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Colorado Springs
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Colorado Springs beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Colorado Springs, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Colorado Springs, and send estimates and invoices from your phone.
Questions about Colorado Springs
What is the median household income in Colorado Springs?
The median household income in Colorado Springs is $84,818 (±$1,638) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Colorado Springs?
About $65,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,648 a month.
Have incomes in Colorado Springs kept up with inflation?
In Colorado Springs, the median household income went from $64,712 in 2015–2019 to $84,818 in 2020–2024 (+31.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Colorado Springs?
The median renting household in Colorado Springs, CO earns $61,410 (±$1,584) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Colorado Springs city, Colorado
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Colorado Springs city, Colorado
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Colorado Springs city, Colorado
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Colorado Springs city, Colorado
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Colorado Springs city, Colorado
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Colorado Springs city, Colorado
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Colorado Springs city, Colorado (place:16000, in state:08).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Colorado Springs at a glance
- Median rent in Colorado Springs
- Rent by bedrooms in Colorado Springs
- Rent burden in Colorado Springs
- Renters and owners in Colorado Springs
- Home values in Colorado Springs
- Homeowner costs in Colorado Springs
- Property taxes in Colorado Springs
- Types of homes in Colorado Springs
- Bedrooms in Colorado Springs
- Age of homes in Colorado Springs
- Vacancy rate in Colorado Springs
- Heating fuel in Colorado Springs
- Commute and cars in Colorado Springs
- Crime reported to police in Colorado Springs
- Population growth in Colorado Springs
- How long people stay in Colorado Springs
- Crowding and facilities in Colorado Springs
- Fair Market Rent in Colorado Springs
- Colorado landlord and tenant rules
- Housing across El Paso County
- Colorado places ranked by median household income
- Housing data for every place in Colorado