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Spur

Learn about the people, housing, costs and businesses in Spur, Texas

Median Home$65,300
Median Rent$758/month
Population852
Leading IndustriesProfessional Services · Information & Media · Construction8% professional services
Retirees27% of residentsabove average nationally
Homeowners79% of occupied units
NotableAffordable Market$65k median home · lower cost than 99% of the country
Spur
TX

Frequently Asked Questions

What are today's mortgage rates in Spur?

As of today, the 30-year fixed mortgage rate for Spur is approximately 7.466% (7.522% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Spur?

The median home value in Spur is $65k. The median monthly rent is $758. Annual property taxes average $939. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Spur?

Based on a typical all-in ownership cost of $556/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Spur is $49k/year.

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What industries drive the economy in Spur?

The largest employment sectors in Spur are public administration (26%) and agriculture and mining (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.