Interested in purchasing investment houses in the 80905 zip code in Colorado Springs, CO?
The zip code 80905 is in El Paso county with a latitude of -104.836860000000 and longitude of 38.817930000000, is in the state of Colorado. The average asking price of houses and condos is $197,669.00 and the average sale price was $153,333.00. this regions is classified as the Colorado Springs - Pueblo metro area and is in the 719 area code. The location in degrees is 38° 49' 4.548" N, 104° 50' 12.696" W. The county F.I.P.S. is 08041. The total land area is 5.0 square miles and the water area is 0.0 square miles. The elevation in this area is 6008 - 6040 feet. The zip code is on mountain standard time and observes daylight savings time.
The zip 80905 is in county number 041 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 16,414 in 2019 and 16,254 in 2010. This further breaks down to 8,458 males (51.5%) and 7,955 females (48.5%). The median age of residents is 36.0 years. The population of the greater Colorado Springs, CO area is 638,782. The population density (people per square mile) is 3,309. This zip code has a combined total of 8,313 houses and condos. There are 3,723 rented appartments. 49% of residents rent versus the 49% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $40,307 and the average salary is $34,981. The median household income of individuals is $37,892.00 and the average is $52,450.00. This zip code has a mean commute time to work of 22.6 minutes. The unemployment rate is 4.1%. Income earners by percent breakdown as 62.20% (Under $50,000), 30.10% ($50,000-$100,000), and 7.70% earn over $100,000. 13.6% of residents live below poverty line versus the 9.3% in the state that are below this line. The cost of living index is 99.2. The educational breakdown is 94.1% have a high school education or higher, 39.6% have a bachelor's degree or higher, and 14.8% have some kind of profesional degree.
This area has 7,619 households and the average size is 2.1 people. Individuals who are single and have never been married are 33.2%, 40.2% are now married, 1.8% are separated, 4.7% are widowed, and 20.1% are divorced. The average yearly contribution amount given by people to charity was $3,151 versus the state average of $4,449. The percent of residents who gave to charity was 17.1%.
The estimated median value of houses and condos is $257,971. The median monthly owner costs of mortgage holders was $1,475, where as the costs for those who don't have a mortgage are $357. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $1,021. In comparision, the average real estate tax percent rate in the state is 0.5% which equated to an average real estate tax amount payment in the state of $1,951. The median housing property tax percent for residents with mortgages was 0.4% which amounted to an average tax amount of $1,112. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $775. Reported taxable interest for persons was $943, dividends $3,889, capital gains +$4,785, and itemized deductions $18,324. The average earned income tax credit is $2,001. The percent of individuals that use a tax preparer is 43.9%. The total average income taxes paid by individuals was $4,466. Businesses reported an average profit of $8,617.
Texas Roadhouse
595 S 8th St, Colorado Springs, CO 80905
Pepper Tree Restaurant
888 W Moreno Ave, Colorado Springs, CO 80905
Luigi's Restaurant
947 S Tejon St, Colorado Springs, CO 80903 (1.2 miles away)
Paravicini's Italian Bistro
2802 W Colorado Ave, Colorado Springs, CO 80904 (1.6 miles away)
Ranch Steak House & Market
575 Garden Of The Gods Rd, Colorado Springs, CO 80907 (2.9 miles away)
Hatch Cover
252 E Cheyenne Mountain Blvd, Colorado Springs, CO 80906 (3.4 miles away)