As of 2024 the population of Big Spring is 25,741. The population is expected to shrink to 24,991 by 2029 - a growth rate of -0.59%.
The median age of Big Spring residents is 38.
The diversity index of Big Spring is 77.5, meaning that there is a 78% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Big Spring is $86,698 and projected to be $98,494 in 2029. Per capita income is $28,335, projected to be $32,342 in 2029. 1.76% of households – 454 – have an income of $200,000 or higher. Average net worth is $734,155 and the average disposable income is $70,000.
There are 9,986 housing units in Big Spring; 4,891 are owner-occupied, 3,258 are rented, and 1,837 are vacant. The average home value is $169,352, with 594 homes built in 2010 or later, and 482 built in 1939 or earlier.
There are 917 businesses in Big Spring, employing 11,023 workers and pulling from a labor force of 9,867 age 16 and above. 2,140 workers commute into Big Spring from outside the county or state. Key industries for the area include:
7,639 residents both live and work in/around Big Spring. The average travel time is 0.0 minutes. 6.57% people have a commute of less than 5 minutes while 1.98% commute 90 minutes or more each way. Of commuters, 8,198 drive alone, 1,198 carpool, and 0 take public transportation. 252 use other modes of transport such as motorcycle, bicycle, walking, etc. 220 residents work from home.
6,848 members of the workforce hold a high school diploma or GED. 1,445 have associates degrees, 1,717 have bachelor’s degrees, and 809 hold a graduate or professional degree.
