LIVING IN SPRING
Spring is a larger medium-sized town located in the state of Texas. With a population of 60,827 people and 45 constituent neighborhoods, Spring is the 58th largest community in Texas.
Unlike some towns, Spring isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Spring are a mix of both white- and blue-collar jobs. Overall, Spring is a town of sales and office workers, professionals, and managers. There are especially a lot of people living in Spring who work in office and administrative support (19.50%), sales jobs (11.50%), and management occupations (9.67%).
Also of interest is that Spring has more people living here who work in computers and math than 95% of the places in the US.
Spring is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Spring’s overall crime rate is lower than average for the country.
One downside of living in Spring is that it can take a long time to commute to work. In Spring, the average commute to work is 33.71 minutes, which is quite a bit higher than the national average.
The education level of Spring citizens is a little higher than the average for US cities and towns: 23.43% of adults in Spring have at least a bachelor’s degree.
The per capital income in Spring in 2010 was $27,550, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $110,200 for a family of four. However, Spring contains both very wealthy and poor people as well.
Spring is an extremely ethnically-diverse town. The people who call Spring home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Spring residents report their race to be White, followed by Black or African-American. Spring also has a sizable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 30.18% of the town’s residents. Important ancestries of people in Spring include German, Irish, English, French, and Polish.
The most common language spoken in Spring is English. Other important languages spoken here include Spanish and Vietnamese.
SPRING, TX REAL ESTATE DATA
AVERAGE HOME VALUES
MEDIAN HOME VALUE:
SPRING, TX HOME PRICES
RENT & OWNERSHIP
AVERAGE MARKET RENT:
$1,759 / per month
HOUSING MARKET DETAILS
AGE OF HOMES
TYPES OF HOMES
SPRING HOUSING MARKET INFORMATION
With 60,827 people, 19,611 houses or apartments, and a median cost of homes of $158,246, Spring real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Spring, accounting for 89.24% of the town's housing units. Other types of housing that are prevalent in Spring include large apartment complexes or high rise apartments ( 4.49%), duplexes, homes converted to apartments or other small apartment buildings ( 2.54%), and a few row houses and other attached homes ( 2.46%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Spring. Owner-occupied housing accounts for 73.04% of Spring's homes, and 82.90% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Spring built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Spring built between 2000 and later ( 35.22%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.69%).
SPRING HOME APPRECIATION RATES
In the last 10 years, Spring has experienced some of the highest home appreciation rates of any community in the nation. Spring real estate appreciated 48.32% over the last ten years, which is an average annual home appreciation rate of 4.02%, putting Spring in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Spring definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Spring appreciation rates have trailed the rest of the nation. In the last twelve months, Spring's appreciation rate has been 1.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Spring were at 0.47%, which equates to an annual appreciation rate of 1.87%.
Notably, Spring's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Texas, our data show that Spring's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Spring differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Spring - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Spring real estate investment or home purchase decisions.
SPRING POPULATION & AGE DISTRIBUTION
EDUCATIONAL ATTAINMENT OF ADULTS
PER CAPITA INCOME
MEDIAN HOUSEHOLD INCOME
INDIVIDUALS BELOW POVERTY LEVEL:
- Elementary Schools
- Middle Schools
- High Schools
Public district, PK-4 | 984 students
Public district, PK-4 | 949 students
Public district, PK-4 | 728 students
Public district, PK-4 | 897 students
Public district, PK-5 | 661 students
Public district, PK-4 | 866 students
Public district, PK-5 | 783 students
Public district, PK-5 | 863 students
Public district, PK-5 | 693 students
Public district, 6-8 | 1345 students
Public district, 6-8 | 1369 students
Public district, 5-6 | 785 students
Public district, 5-6 | 1104 students
Public district, 9-12 | 4336 students
Public district, 9-12 | 4028 students