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Retirees Find
Beautiful Scenery and Conservative Values in
Bustling Colorado Springs, Colorado
Cost of Living: Meets
the National Average
When explorer Zebulon Pike came west in 1806 and
first spotted Pikes Peak soaring above the Great
Plains, this region at the foot of the Rocky
Mountains was wide-open country, home to
Arapahoe Native Americans, antelope and sweeping
vistas. Today, Pikes Peak is the
majestic backdrop for Colorado Springs
(population 370,000), a pretty city in a
spectacular setting that attracts retirees
because of its average cost-of-living, clean
air, blue skies, western hospitality and
traditional values. More below....
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In fact, Colorado Springs may be
one of the most conservative cities in
the United States, although it is also
home to prestigious, liberal Colorado
College and a small University of
Colorado campus. A number
of evangelical religious
organizations, including Focus on the
Family, are headquartered here, and
the United States Air Force Academy,
Fort Carson, NORAD and Peterson Air
Force Base are nearby. Of
the population, 21% is aged 45 to 64,
and 10% is 65 years of age or above.
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Colorado Springs (elevation 6,000 feet)
is growing and is large enough to have a
good variety of housing, from condos to
old Victorians to luxury homes, many
with views of snow-capped Pikes Peak.
The median home price is $192,000,
roughly 10%-15% below the national
average. Single-family homes in
the downtown area average $175,000,
although the restored, 19th-century
mansions along old, leafy Nevada Avenue
usually sell in the mid-$500,000 range
and have a charm and character not found
elsewhere in the city. East of
Nevada Avenue are many more, smaller,
less expensive but well-tended late
19th-century homes.
On red-rock bluffs to the northeast
of town are new, 3 to 4 bedroom homes
with stunning mountain views; prices
here average $350,000.
Black Forest is a wooded area north of
town; most homes are on 5-acre parcels,
and the average price is $250,000.
The western portion of the city has some
bungalows and split-levels in the
mid-$100,000 range.
To the east are newer,
large (some might say sprawling)
subdivisions with 2 to 3 bedroom,
single-family homes in the $175,000
range. Fountain Valley south of
the city has older, single-family
ranch-style homes starting in the
mid-$100,000s. To the
southwest, nestled against Cheyenne
Mountain, are upscale neighborhoods with
gorgeous custom homes with prices
starting in the upper-$400,000s and
going as high as the neighboring peaks
themselves. For those with
considerable resources, Broadmoor is an
exclusive, old-money area with
multi-million dollar homes (it is also
the name of an upscale hotel and
resort). There also appears
to be a good inventory of small, roughly
750 to 950 square feet, 2 bedroom
condominiums for sale in the $75,000 to
$90,000 range.
To the west of the city,
literally nestled against the foothills,
are the older, wonderfully funky towns
of Old Colorado City (sections of which
are listed on the National Registry of
Historic Places) and Manitou Springs,
both of which are now rather touristy
but full of Old West character.
Old Colorado City (average home price is
$180,000) was once a rough and tumble
supply stop for gold miners on their way
to a major strike a few miles outside of
town and has gracious, old homes with a
lot of history behind them.
Manitou Springs (average home price is
$250,000) is a delightful Victorian town
with quaint bungalows (some precariously
perched on the sides of hills) and many,
many tourist traps....er, attractions,
including historic Miramont Castle,
claustrophobic Cave of the Winds and
some rejuvenating thermal springs.
Colorado Springs has
dozens of apartment complexes, and the
average rent per month for a one bedroom
apartment ranges from $610 to $880,
depending on location, size and
amenities.
Medalion Retirement
Community (719-381-1000) is a continuing
care retirement community located near
the Olympic training facility in the
southern area of town and the Village at
Skyline is an established (1989), small,
age-restricted retirement community with
single-family homes and apartments for
rent. The average resident
age is 75 and the phone number is
800-759-5463.
At least 33 mobile home
and/or manufactured communities are
here, six of which are age-targeted or
age-restricted, including Holiday
Village (719-475-2915),
which currently has seven homes for sale
ranging in price from $10,000 to
$149,000, and La Cresta Mobile Estates (719-597-1434),
which currently has homes for sale from
$13,000 to $42,000.
Property and sales taxes
are below the national average, but
state income tax rates are slightly
higher than the national average.
Real estate prices are below the
national average, but food stuffs and
health care are roughly 9% to 13% above
the national average.
Colorado Springs was
founded as a resort town by William
Palmer in 1871 and soon became known as
"Little London" because so
many affluent Englishmen came to enjoy
the thermal springs and clean air.
The lovely Antlers Hotel, where
Katherine Lee Bates stayed while
composing America the Beautiful
after visiting the top of Pikes Peak,
was built by Palmer and still proudly
stands today. In 1891,
W.S. Stratton discovered one of the
world's richest gold strikes in nearby
Cripple Creek (today a gambling town)
and soon poured money into the growing
Colorado Springs, building homes for
poor children and donating land for city
buildings.
Today, military
personnel, college students, high-tech
employees, evangelical Christians, old
money families and retirees all call the
city home, and it makes for an eclectic,
generally conservative, population.
Downtown Colorado Springs is clean and
marked by wide streets (so designed in
the early days to make it easier for
horse-drawn wagons to make U-turns),
parks, office buildings, banks, coffee
shops, bookstores, Palmer High School,
Penrose Library and very long traffic
lights. Although there is not much
traffic (parking spaces are plentiful),
there is plenty of activity.
Pikes Peak Avenue runs east/west through
the middle of downtown, and as one
stands in the center of the street and
looks west, purple and pink Pikes Peak
looms above the Antlers Hotel and nearly
takes one's breath away.
Shopping is more than
adequate, although downtown does not
have a lot of shops and no grocery
stores. There are several malls,
including The Citadel, beyond downtown
that have almost anything one might
want. In the early days,
when gold was being discovered just west
of the city, some shady characters set
up shop here, and it seems as though
some are still here operating tourist
attractions, of which there are many
because Colorado Springs is still a
tourist destination to this day.
Some of these are good fun, but some are
rip-offs, plain and simple.
A few of the attractions include the Cog
Railway, which is enjoyable (if one is
not afraid of heights) and takes very
brave people to the top of Pikes Peak;
the Flying W Ranch, a dude ranch; the
Manitou Cliff Dwellings, a phony
representation of the homes of the
ancient Anasazi; and Seven Falls, a
privately-owned tourist trap showcasing
seven "amazing" waterfalls
along a canyon wall (they are indeed
along a canyon wall, but they are not
amazing by any known standard).
Those with more
sophisticated tastes enjoy attending
musical events at the Pikes Peak Center
and listening to the Colorado Springs
Symphony Orchestra. The U.S. Air
Force Academy Band, playing just north
of town, presents free concerts.
Senior also enjoy the Colorado Opera
Festival, the Colorado Dance Theatre and
the Colorado Springs Fine Arts Center,
as well as attending theatrical events
at the Broadmoor International Center,
plays at Colorado College and dinner
theater at the fun Iron Springs Chateau.
Cheyenne Mountain Zoo is
on the side of the mountain that houses
NORAD and is only for those in good
shape. A real jewel of the
area is awe-inspiring Garden of the Gods
Park, home to gorgeous scenery and
beautiful, somewhat mystical, red
sandstone rock formations.
Nearby Pike National Forest provides
opportunities for hiking, camping,
fishing and cross-country skiing.
The city has a handful of 18 hole golf
courses. And, of course, one can
always hike along the Barr National
Recreation Trail to the top of 14,115
foot tall Pikes Peak. Or one can
be realistic and just drive to the top.
Health care is not
outstanding but is adequate. The
primary, full-service medical
facilities are Memorial Hospital and
Penrose Hospital, both with critical and
emergency care, oncology and cardiac
care. Denver is located roughly 65
miles north along I-25 and offers an
extensive array of medical care if
needed.
The 17,000 square foot
Colorado Springs Senior Center
(719-385-5933) provides programs and
services to those 55 or older and
features an art gallery, a ceramics
room, a computer lab, an exercise room
and more. The Center
publishes a 32-page guide outlining the
programs available and is a great place
to volunteer. The Colorado
Senior Network User's Group helps
seniors learn about computers.
Meals on Wheels is active as well.
This part of the country
has a four season climate. Winters
bring a mixture of stunningly beautiful
days with sparkling blue skies and
occasionally cloudy, snowy days.
Most snow melts within a day or two,
although heavy blizzards are not
uncommon. Summers are usually not
too hot (the elevation helps keep the
temperature cool) and are dry.
Colorado Springs is currently in a
drought, as is much of the West, and
water restrictions often occur.
Springs can be stormy but not always,
and autumns are spectacular. The
sun shines roughly 75% of the time.
The city has a few
drawbacks. It can become crowded
with tourists in the summer, although it
is large enough not to be overwhelmed by
them. The overall crime rate is
about average, but property crimes are
above the national average. Local
authorities say much of this crime takes
place around the Fort Carson army base
south of town. Public
transportation is very limited.
Although downtown traffic is not a
problem, in other parts of the city,
particularly along the edges and along
I-25, traffic can be terrible. On
the highway to Denver, a section of the
road called Monument Hill can present
truly nightmarish driving conditions if
even the slightest snowstorm hits.
And the worst drawback, in our opinion,
is that a mining company years ago
opened a large quarry pit half way up
Pikes Peak and created a very visible,
very unattractive, beige-colored
"scar on the mountain" that
can be seen for miles.
Zebulon Pike would cry if he saw it.
Click here
for more information about Colorado
Springs.
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