According to statistics, the population in Big Spring, TX amounts to 28,257, which shows decline 0% compared to the previous year. The median age of the city’s residents is 35. The average household income is $47,184, shifting decline -1% from the past year, and the average property value in Big Spring, TX growth 2% to $73,600 throughout the year.
Population | 28,257 |
Median Age | 34.9 |
Poverty Rate | 16% |
Household Income | $47,184 |
Number Of Employees | 10,496 |
Median Property Value | $73,600 |
The average household income in Big Spring, TX declined from $47,465 to $47,184 in the past year. This data is an estimate based upon 7,903 households in Big Spring, TX . The chart below presents how household income is distributed in Big Spring, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Big Spring, TX shifted from $72,200 to $73,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Big Spring, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Big Spring, TX properties falls in the '$60,000 to $69,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Big Spring, TX compared to median property taxes around the country. The prevalent amount of property taxes in Big Spring, TX equals $800, which is less than the national average.
Apartment Size | Jul | vs Last Month |
---|---|---|
Studio for sale | $80,000 | N/A |
2 bed for sale | $228,450 | +101.5% |
3 bed for sale | $216,559 | +5.6% |
4+ bed for sale | $393,140 | +86.2% |
During Jul 2022, the average price for an apartment in/near Big Spring, TX increased by 38.5% to $280,522.
Asking price for 2-bed apartment also increased by 101.5% and a place of this size will now cost you $228,450. A 3-bed apartment goes for $216,559, it increased by 5.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 86.2% and made it up to $393,140.
Listing Type | Jul | vs Last Month |
---|---|---|
Houses for sale | $274,627 | +31.6% |
Land for sale | $309,469 | +118% |
Duplexes for sale | $280,000 | +107.5% |
Apartments for sale | $80,000 | N/A |
Condos for sale | $364,900 | N/A |
Townhouses for sale | $364,900 | N/A |
While assessing the property pricing Big Spring, TX, you can note that it remains flat with a price tag of $80,000. Price reports demonstrate that house price increased by 31.6% this month making it up to $274,627. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $364,900. You can now purchase a duplex for just $280,000, duplex price increased by 107.5% this month. Value of the townhouses didn’t change, the price still starts at $364,900.