Relocation of U.S. Space Command: Impact on Colorado Springs Housing & Affordability
AREA MANAGER
J.D. Peck
Published on September 4, 2025

Relocation of U.S. Space Command: Impact on Colorado Springs Housing & Affordability

Relocation of U.S. Space Command: What It Means for Colorado Springs

The U.S. Space Command has been the focus of many headlines, and its relocation plans continue to generate questions for military families, Colorado residents, and anyone following national defense strategy. As a Colorado Springs resident, I recognize how closely this story ties to our community and how it can affect housing, affordability, and the overall cost of living. In this article, we’ll explore what the relocation of U.S. Space Command could mean, both locally and nationally, and break it down in clear, simple terms. Contact the JD.Mortgage team if you’d like to learn more about financing options for military families.

Background: What Is U.S. Space Command?

U.S. Space Command, often called SPACECOM, is one of the eleven unified combatant commands within the Department of Defense. Its job is to oversee military operations in space. That means everything from satellite defense to coordination of space-based communications. While space may feel far away, these responsibilities affect everything from GPS to military readiness. Learn about VA loan benefits for military service members.

Why Is Relocation Being Considered?

The question of where U.S. Space Command should be permanently located has been debated for years. Several factors go into this decision: cost, infrastructure, mission readiness, workforce availability, and politics. Colorado Springs has hosted the command, but other states have made strong cases as well. For Colorado residents, the relocation debate brings up important questions about jobs, the economy, and housing demand. See our loan options if you’re planning to buy or refinance locally.

Economic Impact on Colorado Springs

Colorado Springs is home to multiple military installations, including Peterson Space Force Base, Fort Carson, and the U.S. Air Force Academy. The presence of Space Command adds to that defense footprint. A relocation could shift certain jobs and long-term growth away from the city. On the other hand, if Colorado Springs remains the headquarters, continued military investment could further strengthen the local economy. Run the numbers with our mortgage calculator to see how local affordability affects your options.

Cost of Living and Housing Affordability

Colorado Springs has seen a rapid increase in home prices over the past decade. As of 2025, the median home price in the area is beyond $450,000. Compared to other potential relocation sites, Colorado Springs is considered moderately priced. While this number is higher than some southern states, it remains lower than other growing metropolitan areas in the west. Explore home purchase options.

Basic Allowance for Housing (BAH) Variances

Military families rely on BAH (Basic Allowance for Housing) to cover the cost of living. In Colorado Springs, BAH rates vary by rank and dependency status, but for many service members, it aligns closely with median rental and mortgage costs. If U.S. Space Command were to relocate to a city with lower housing prices, families might see more breathing room in their budgets. In higher-cost markets, the reverse could be true. See how VA loans stretch housing dollars.

Comparing Affordability Across Locations

Affordability isn’t just about the price of a home; it’s about how far income goes in a given area. Colorado Springs ranks as more affordable than Denver or California markets, but less affordable than places like Huntsville, Alabama, which has been a strong contender for the command. While the final decision impacts where defense dollars flow, it also affects where military families buy homes and put down roots. Compare refinance options to see how lowering your monthly payment could help.

What Relocation Means for Local Families

If U.S. Space Command stays in Colorado Springs, expect continued housing demand from military families and contractors. That could keep home prices steady or rising. If it moves, there may be a cooling effect, although Colorado Springs will still remain a major military hub. Families relocating in or out will need guidance on mortgages, VA loan benefits, and down payment assistance. Learn about down payment assistance programs.

Community Perspective

From a community perspective, there are mixed feelings. Some believe Colorado Springs deserves to remain the headquarters due to its existing military presence and supportive infrastructure. Others argue relocation could spread economic opportunity to other states. For residents, the bottom line often comes down to housing, cost of living, and how relocation impacts everyday life. Find out how conventional loans compare.

Affordability Snapshot: Colorado Springs

– Median Home Price: $450,000+
– Median Rent: Around $1,700 per month
– Average BAH for an E-6 with dependents: Approximately $2,400 per month
– Key takeaway: BAH generally covers rent or a modest mortgage, but affordability remains tight for growing families.

Looking Ahead

The final decision about Space Command’s permanent location will have ripple effects across communities, especially in Colorado Springs. Housing affordability, cost of living, and long-term stability for families are all part of the bigger picture. Whether it stays or moves, military families will continue to rely on trusted guidance for their home financing needs. Connect with the JD.Mortgage team today for tailored support.

Moving Forward with Confidence

The relocation of U.S. Space Command is more than a military decision; it’s a matter that affects jobs, housing, and affordability for thousands of families. Colorado Springs has long been a military-friendly community, and that won’t change. If you are a service member, veteran, or civilian relocating due to this change, the JD.Mortgage team at Paramount Residential Mortgage Group, Inc. is here to help you navigate your housing options whether in Colorado Springs or Huntsville. Our services include VA, FHA, USDA, DPA, Non-QM, HELOCs, second mortgages, reverse mortgages, and construction loans. Back to top.

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J.D. Peck AREA MANAGER
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