Income & Economy in Big Spring city, TX (79720)
Median Income
$71,194
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,436
Wealth inflow
Population
30,432
Unemployment
5.2%
1.5pp above US avg
IRS migration statistics show a net inflow of about 1,436 for ZIP 79720 (Big Spring city, TX) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 79720 (2020–Present)
Since 2020, population declined 11.7%, median income rose 5.3% (inflation-adjusted), home values increased 19.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $71,194 |
| Unemployment | 5.2% |
| Establishments | 665 |
| Employees | 8,603 |