Big Spring, Texas 

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Economy in Big Spring, Texas

Big Spring has an unemployment rate of 6.2%. The US average is 5.2%.

Big Spring has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 38.0%.

Tax Rates for Big Spring
- The Sales Tax Rate for Big Spring is 8.3%. The US average is 6.0%.
- The Income Tax Rate for Big Spring is 0.0%. The US average is 4.6%.

Income and Salaries for Big Spring
- The average income of a Big Spring resident is $18,431 a year. The US average is $28,555 a year.
- The Median household income of a Big Spring resident is $43,750 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYBig Spring, TexasUnited States
  Unemployment Rate6.2%5.2%
  Recent Job Growth-2.5%1.6%
  Future Job Growth28.8%38.0%
  Sales Taxes8.3%6.0%
  Income Taxes0.0%4.6%
  Income per Cap.$18,431$28,555
  Household Income$43,750$53,482
  Family Median Income$54,953$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting1.2%1.3%
  Mining, quarrying, oil and gas extraction11.0%0.6%
  Construction5.8%6.2%
  Manufacturing5.8%10.4%
  Wholesale trade2.3%2.7%
  Retail trade10.9%11.6%
  Transportation and warehousing3.3%4.1%
  Utilities00
  Information1.3%2.1%
  Finance and insurance3.2%4.7%
  Real estate, rental, leasing0.8%1.9%
  Professional, scientific, technical services1.3%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs2.6%4.3%
  Educational services10.2%9.3%
  Health care and social assistance17.8%13.8%
  Arts, entertainment, recreation1.1%2.2%
  Accommodation, food services7.6%7.4%
  Other services5.9%4.9%
  Public administration6.7%4.8%
ECONOMY MAP
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    Reviews for Big Spring    3 Reviews
    Love the nature - 9/2/2017
    We picked Big Spring over Midland because of the rolling hills and nature. True there isn't a lot to do here except hike or run the mountain. There is a small movie... Read More

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    The town God forgot - 5/3/2009
    One of the worse places to live in the United States. Ranks in the top 17 Texas cities with the highest property taxes. Ranks at the extreme low end of education... Read More

    activity and lesiure - 10/10/2005
    very limited in all aspects, do not expect much and you will not be... Read More


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