HomeColoradoEl Paso CountyColorado Springs city
Colorado Springs city, Colorado: commercial real estate data.
Colorado Springs city is a Census city of 487,887 people across 202.09 square miles of land, in El Paso County. Median household income is $84,818, 60.9 percent of occupied homes are owned, and the SBA record carries 1,064 7(a) approvals to borrowers here worth $545.1 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Colorado Springs
What Colorado Springs is
- Census place typecity
- Land area202.09 sq mi
- Water area0.36 sq mi
- Population per square mile of land2,414
- County holding the largest share of its areaEl Paso County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colorado Springs
How many people live in Colorado Springs
- Population487,887
- Median age35.7
- Population under 18106,484
- Share under 1821.8 percent
- Population 65 and over73,831
- Share 65 and over15.1 percent
- Households202,515
- Family households126,139
- Share of households that are families62.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colorado Springs
Income and work in Colorado Springs
- Median household income$84,818
- Per capita income$46,513
- Civilian labor force254,603
- Employed240,411
- Unemployed14,192
- Unemployment rate5.6 percent
- Adults 25 and over334,113
- Adults 25 and over with a high school diploma or higher94.6 percent
- Adults 25 and over with a bachelor degree or higher42.7 percent
- Adults 25 and over with a graduate degree17.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colorado Springs
Housing in Colorado Springs
- Housing units211,353
- Occupied units202,515
- Vacant units8,838
- Vacancy rate4.2 percent
- Owner occupied123,264
- Renter occupied79,251
- Ownership rate60.9 percent
- Median owner-occupied home value$452,600
- Median gross rent, monthly$1,648
- Annual rent as a share of median income23.3 percent
- Single family units145,198
- Share single family68.7 percent
- Units in buildings of two or more61,424
- Share in buildings of two or more29.1 percent
- Mobile homes4,600
- Median year structure built1986
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colorado Springs
How Colorado Springs gets to work
- Workers 16 and over who commute205,393
- Commuting under 15 minutes54,787
- Share commuting under 15 minutes26.7 percent
- Commuting 30 minutes or more51,875
- Share commuting 30 minutes or more25.3 percent
- Drove alone70.0 percent
- Carpooled8.7 percent
- Public transport0.5 percent plus or minus 0.1
- Walked1.8 percent
- Worked from home17.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Colorado Springs
SBA loans in Colorado Springs (7(a))
- Approvals1,064
- Gross approval$545,120,900
- Average approval$512,332
- Median approval$200,000
- Ninetieth percentile approval$1,400,000
- Largest approval$5,000,000
- Jobs supported11,961
- Jobs per approval11.2
- Loans with a final outcome204
- Paid in full174
- Charged off30
- Charge-off rate over resolved loans14.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more11.2 percent
- Share to franchises16.5 percent
- Distinct lenders109
- Distinct industries by NAICS254
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Colorado Springs
SBA loans in Colorado Springs (504)
- Approvals392
- Gross approval$310,938,000
- Average approval$793,209
- Median approval$508,000
- Largest approval$5,500,000
- Jobs supported2,787
- Loans with a final outcome158
- Charged off1
- Charge-off rate over resolved loans0.6 percent
- Median term240 months
- Distinct CDCs6
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
El Paso County, not Colorado Springs
El Paso County context, not Colorado Springs figures
These are El Paso County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Colorado Springs measurements.
- Establishments in El Paso County18,852
- Employment at those establishments, El Paso County267,012
- Covered employment, El Paso County309,483
- Average annual pay, El Paso County$67,491
- Average weekly wage, El Paso County$1,298
- Housing units permitted, El Paso County3,849
- Of those, single family, El Paso County2,733
- County product, 2024, El Paso County$55,117,195,000
- County product change over the prior year, El Paso County6.0 percent
- Average income of an arriving household, El Paso County$68,814
Every figure in this section is published for El Paso County as a whole and is not a measurement of Colorado Springs. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Colorado Springs questions, answered from the record.
How many people live in Colorado Springs, Colorado?
487,887, in 202,515 households. Colorado Springs city covers 202.09 square miles of land, which is 2,414 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Colorado Springs in?
El Paso County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Colorado Springs?
$84,818. The median owner-occupied home is valued at $452,600. Median gross rent is $1,648 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Colorado Springs businesses?
1,064 7(a) approvals totalling $545.1 m, across 109 lenders, median approval $200,000, plus 392 504 approvals worth $310.9 m. These count approvals to borrowers whose address is in Colorado Springs, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Colorado Springs borrowers get paid back?
Of the 204 loans that have reached a final outcome, 174 were paid in full and 30 charged off, a charge off rate of 14.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Colorado Springs figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for El Paso County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Colorado Springs.
Is zoning published for Colorado Springs?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.