Dripping Springs is a very small city located in the state of Texas. With a population of 7,057 people and four associated neighborhoods, Dripping Springs is the 400th largest community in Texas. Dripping Springs 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 Dripping Springs, where the median household income is $104,141.00.
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.
Telecommuters are a relatively large percentage of the workforce: 28.34% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Dripping Springs. 60.16% 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 2022 was $53,697, which is wealthy relative to Texas and the nation. This equates to an annual income of $214,788 for a family of four. However, Dripping Springs contains both very wealthy and poor people as well.
Dripping Springs is a somewhat 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 10.05% of the city’s residents. Important ancestries of people in Dripping Springs include English, German, Irish, European, and French.
The most common language spoken in Dripping Springs is English. Other important languages spoken here include Spanish and Polish.