Spur, TX is a small town with plenty to offer its inhabitants. Located in northwest Texas, the city is home to an array of businesses that make up its local economy. Companies such as Spur Tractor and Equipment, Spur Medical Center, Andrews and Howell Law Firm, and Red Rock Country Club all play a part in making Spur a great place to live. The cost of living in Spur is relatively low, with an average two bedroom rent costing $910 per month compared to the US average of $1,430. Additionally, grocery costs are 89% relative to the national index of 100%. With affordable prices and plenty of amenities nearby it's no wonder why so many people choose to call Spur home.
Spur has an unemployment rate of 7.0%. The US average is 6.0%.
Spur has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Spur
- The Sales Tax Rate for Spur is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spur 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 Spur
- The average income of a Spur resident is $14,626 a year. The US average is $28,555 a year.
- The Median household income of a Spur resident is $34,688 a year. The US average is $69,021 a year.