Spicewood is a medium-sized town located in the state of Texas. With a population of 11,490 people and four associated neighborhoods, Spicewood is the 244th largest community in Texas. Spicewood has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Spicewood, where the median household income is $106,766.00. Spicewood home prices are not only among the most expensive in Texas, but Spicewood real estate also consistently ranks among the most expensive in America.Unlike some towns, Spicewood isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Spicewood are a mix of both white- and blue-collar jobs. Overall, Spicewood is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Spicewood who work in management occupations (16.29%), sales jobs (11.86%), and office and administrative support (8.28%). Also of interest is that Spicewood has more people living here who work in computers and math than 95% of the places in the US. A relatively large number of people in Spicewood telecommute to their jobs. Overall, about 27.22% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Spicewood is a great place for families with children to consider. First of all, many other families with children live here, making Spicewood a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Spicewood has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Spicewood’s overall crime rate is lower than average for the country. Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Spicewood is worth considering. One downside of living in Spicewood is that it can take a long time to commute to work. In Spicewood, the average commute to work is 34.42 minutes, which is quite a bit higher than the national average. Spicewood is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.The citizens of Spicewood are among the most well-educated in the nation: 45.05% of adults in Spicewood have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree. The per capita income in Spicewood in 2022 was $63,525, which is wealthy relative to Texas and the nation. This equates to an annual income of $254,100 for a family of four. However, Spicewood contains both very wealthy and poor people as well. Spicewood is a very ethnically-diverse town. The people who call Spicewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Spicewood residents report their race to be White, followed by Black or African-American. Spicewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.72% of the town’s residents. Important ancestries of people in Spicewood include English, German, Irish, European, and Scottish. The most common language spoken in Spicewood is English. Other important languages spoken here include Spanish and Polish.
