Dripping Springs is a very small city located in the state of Texas. With a population of 5,787 people and four constituent neighborhoods, Dripping Springs is the 400th largest community in Texas. There's nothing like the smell of a brand new house, and in Dripping Springs, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Dripping Springs, and putting down their money on brand new construction. Dripping Springs’s real estate is, on average, some of the newest in the nation. Dripping Springs does seem to be experiencing an influx of affluent people, because the median household income is $111,429.00.
Dripping Springs home prices are not only among the most expensive in Texas, but Dripping Springs real estate also consistently ranks among the most expensive in America.
Of important note, Dripping Springs is also a city of artists. Dripping Springs has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Dripping Springs’s character.
Also of interest is that Dripping Springs 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: 22.02% 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.
Because of many things, Dripping Springs is a great place for families with children to consider. First of all, many other families with children live here, making Dripping Springs 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 city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Dripping Springs has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Dripping Springs’s overall crime rate is lower than average for the country.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Dripping Springs. 53.42% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Dripping Springs in 2018 was $50,431, which is wealthy relative to Texas and the nation. This equates to an annual income of $201,724 for a family of four. However, Dripping Springs contains both very wealthy and poor people as well.
Dripping Springs is a very ethnically-diverse city. The people who call Dripping Springs home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Dripping Springs residents report their race to be White, followed by Asian. Dripping Springs also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.15% of the city’s residents. Important ancestries of people in Dripping Springs include German, English, Irish, European, and French.
The most common language spoken in Dripping Springs is English. Other important languages spoken here include Spanish and Polish.