Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Spearman is a small city located in the state of Texas. The city has a population of 3,123 people. The majority of Spearman residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Spearman are of Hispanic or Latino origin, and 43% of the population also speak Spanish. Spearman has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 71% of the population is classified as married and 47% have kids. If you prefer shorter commutes, living in Spearman will be a delight. With an average one-way commute time of just 18 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Spearman can be a good experience for anyone moving to the town. Having said that, in the state of Texas, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Spearman, AreaVibes has created a livability score using key metrics like amenities, cost of living, housing and more.
With a livability score of 66/100, Spearman is ranked #9,437 in the United States and #503 in Texas. If we check out each of the categories on their own, we see that Spearman ranks well for crime (A-) and housing (A+). On a more negative note, Spearman does not have favorable scores for the following: amenities (F) and employment (F). If we take a look at the data, we can find out why.
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Spearman is 22.82% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Spearman a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Spearman shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 0 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Spearman market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Spearman is real estate affordability. Median real estate prices in Spearman come in at $100,200, which is 29.8% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Spearman, the home price to income ratio is 2.4, which is 7.7% lower than the Texas average.
| Statistic | Spearman | Texas | National |
| Average one way commute | 18min | 26min | 26min |
| Workers who drive to work | 86.7% | 80.3% | 76.4% |
| Workers who carpool | 11.3% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 1.6% | 2.8% |
| Working from home | 1.1% | 4.3% | 4.6% |
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