Bee Cave is a very small city located in the state of Texas. With a population of 6,841 people and three constituent neighborhoods, Bee Cave is the 418th largest community in Texas. Bee Cave 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 Bee Cave, where the median household income is $94,509.00.
Bee Cave home prices are not only among the most expensive in Texas, but Bee Cave real estate also consistently ranks among the most expensive in America.
Bee Cave is a decidedly white-collar city, with fully 96.43% of the workforce employed in white-collar jobs, well above the national average. Overall, Bee Cave is a city of sales and office workers, professionals, and managers. There are especially a lot of people living in Bee Cave who work in management occupations (21.23%), sales jobs (21.07%), and office and administrative support (9.18%).
Also of interest is that Bee Cave has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.87% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
If knowledge is power, Bee Cave is a pretty powerful place. 62.46% of the adults in Bee Cave have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Bee Cave in 2018 was $51,687, which is wealthy relative to Texas and the nation. This equates to an annual income of $206,748 for a family of four.
Bee Cave is an extremely ethnically-diverse city. The people who call Bee Cave home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Bee Cave residents report their race to be White, followed by Asian. Bee Cave also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 20.01% of the city’s residents. Important ancestries of people in Bee Cave include European, German, English, Irish, and Italian.
The most common language spoken in Bee Cave is English. Other important languages spoken here include Spanish and Vietnamese.