Zip 77373 (Spring, TX) Economy


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Spring, Texas is a vibrant suburb in the Houston-The Woodlands-Sugar Land metropolitan area with a population of 54,298. Home to numerous businesses such as Memorial Hermann Health System, Lone Star College System, and H-E-B Grocery Store, it is an ideal place to live for those seeking a balance of suburban amenities and urban convenience. The median rent for a two bedroom apartment in Spring is $1,530, which is slightly higher than the national average of $1,430. The Grocery Cost Index in Spring is 96 compared to the US average of 100. This means that prices for groceries are generally lower than other parts of the country. Major grocery stores in Spring include Kroger, Walmart Supercenter, Aldi, and Whole Foods Market. All these stores offer competitive prices so residents can shop around for the best value.

Spring (zip 77373) has an unemployment rate of 8.0%. The US average is 6.0%.

Spring (zip 77373) has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Spring (zip 77373)
- The Sales Tax Rate for Spring (zip 77373) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spring (zip 77373) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Spring (zip 77373)
- The average income of a Spring (zip 77373) resident is $27,042 a year. The US average is $28,555 a year.
- The Median household income of a Spring (zip 77373) resident is $78,422 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpring, TexasUnited States
  86
  -5.6%-6.2%
  32.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $31,186$37,638
  $78,422$69,021
  $84,681$85,028
  Population by Occupation
  0.0%1.2%
  2.4%0.5%
  7.4%6.8%
  8.9%10.0%
  3.2%2.5%
  14.8%11.0%
  8.0%4.8%
  1.1%0.8%
  2.1%1.9%
  4.0%4.7%
  1.6%1.9%
  5.1%7.6%
  0.1%0.1%
  4.5%4.2%
  9.6%9.3%
  11.8%14.0%
  1.3%2.1%
  6.9%7.0%
  4.1%4.8%
  3.1%4.7%
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