Cost of Living in Springtown, TX

Population 3,493 · Texas · Data vintage 2023

84
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Springtown stay well under national norms: a median home value of $224,000 against median household incomes of $70,254 gives the city one of the more comfortable price-to-income ratios in Texas. The labor market has been unusually tight, with unemployment around 2.0% — below most comparable cities in the state.

Located 25 miles northwest of Fort Worth, Springtown falls within that metro's commuting orbit. Median home values run roughly 19% lower than Fort Worth's $277,000.

Cost Overview

Housing 73
Rent 99

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Springtown

The median home value in Springtown is $223,600 — 27% below the national median of $305,000. Median rent runs $1,305/month, 1% lower than the national median of $1,314/month. The median household income of $70,254/year is 6% lower than the US median of $74,580. The local unemployment rate is 2.0%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.2°F and lows of 57.4°F. Overall, Springtown has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.

🏠 Housing

Median Home Value
$223,600
27% below avg
Zillow Home Value
$383,531
Zillow ZHVI
Median Rent
$1,305/mo
1% below avg
Price-to-Rent Ratio
14.3x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 62.0%
Renter-occupied 38.0%

💰 Estimated Monthly Budget

Rent median rent
$1,305
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,919/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
44.0 min
63% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.2%

Commute Mode

Drove alone
83.8%
Carpooled
9.0%
Walked
2.9%
Work from home
4.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$70,254
6% below avg
Per Capita Income
$30,311
Unemployment Rate
2.0%
59% below avg
Poverty Rate
6.3%
Labor Force Participation
67.3%

🎓 Education

Bachelor's degree+ 9.7%
Graduate degree 2.7%

👥 Demographics

Median Age 32.9
Male median age 30
Female median age 34.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.2°F
Avg Low
57.4°F
Annual Precip
32.6"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 596370788592979790796860
Low °F 374149566573777670584840
Precip" 1.892.053.242.533.614.242.001.802.583.872.562.20

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
84.1%
Good air days/yr
140
Max AQI recorded
0
PM2.5 days
358
Ozone days

Frequently Asked Questions

What is the cost of living in Springtown, TX?

Springtown has a cost index of 84 (100 = national average). It is 16% below the national average.

What is average rent in Springtown, TX?

The median gross rent in Springtown is $1,305 per month based on 2023 Census data.

What is the average home price in Springtown?

The median home value in Springtown is $223,600 according to Zillow and Census data.

What is the median income in Springtown?

The median household income in Springtown is $70,254 per year (2023 ACS 5-year estimates).

What is the sales tax in Springtown, TX?

The combined state and local sales tax rate in Springtown is 8.2%. Texas has no state income tax.

Is Springtown, TX affordable?

Yes, Springtown is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.

What is the weather like in Springtown?

Springtown has average high temperatures of 78.2°F and average lows of 57.4°F. Annual precipitation is 32.6". Data from NOAA 1991–2020 Climate Normals.

Springtown at a Glance

Population
3,493
Median Income
$70,254
Home Value
$223,600
Median Rent
$1,305/mo
Unemployment
2.0%
Avg High Temp
78.2°F
Sales Tax
8.2%
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Explore county-level cost of living data

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