Zip 77388 (Spring, TX) Economy


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Spring, TX (77388) is a popular suburb of Houston, located about 20 miles north of the city center. It is known for its affordability and its numerous local businesses. The average rent for a two bedroom apartment in Spring is $1,890 compared to the US average of $1,430, making it slightly more expensive than other cities in the area. Popular local companies include Accent Food Services LLC, Texan Machine & Fabrication Inc., and United Rentals Industrial & Construction Supplies. Grocery costs are also slightly higher in Spring with an index of 98 versus 100 in the US. Despite this, Spring remains an attractive place to live due to its family-friendly atmosphere and abundance of local businesses.

Spring (zip 77388) has an unemployment rate of 8.0%. The US average is 6.0%.

Spring (zip 77388) 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 30.9%, which is lower than the US average of 33.5%.

Tax Rates for Spring (zip 77388)
- The Sales Tax Rate for Spring (zip 77388) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spring (zip 77388) 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 77388)
- The average income of a Spring (zip 77388) resident is $33,701 a year. The US average is $28,555 a year.
- The Median household income of a Spring (zip 77388) resident is $92,211 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpring, TexasUnited States
  86
  -5.6%-6.2%
  30.9%33.5%
  8.3%6.2%
  0.0%4.6%
  $37,142$37,638
  $92,211$69,021
  $103,541$85,028
  Population by Occupation
  0.0%1.2%
  3.3%0.5%
  7.0%6.8%
  8.4%10.0%
  4.8%2.5%
  11.7%11.0%
  7.2%4.8%
  0.8%0.8%
  2.0%1.9%
  3.2%4.7%
  1.3%1.9%
  8.4%7.6%
  0.3%0.1%
  4.2%4.2%
  10.5%9.3%
  13.4%14.0%
  1.5%2.1%
  6.1%7.0%
  3.4%4.8%
  2.6%4.7%
Health