Spring, TX is an attractive area to live for families and young professionals. With a population of over 55,000 people, the city offers plenty of job opportunities at local companies such as Schlumberger and HP Enterprise. The quality of life in Spring, TX is also very high due to its close proximity to Houston (about 20 miles away) as well as low grocery costs. The average rent for a two bedroom unit is around $1,500 per month which is slightly higher than the national average of $1,430. Home buyers will also find good value in their purchase with an average house price of $220,000 that's significantly lower than the national average.
Spring has an unemployment rate of 8.0%. The US average is 6.0%.
Spring 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
- The Sales Tax Rate for Spring is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spring 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
- The average income of a Spring resident is $27,048 a year. The US average is $28,555 a year.
- The Median household income of a Spring resident is $78,122 a year. The US average is $69,021 a year.