Big Spring

Big Spring

Population Demographics

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.

Housing and Income

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.

Business and Workforce

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.