Spicewood is a somewhat small town located in the state of Texas. With a population of 11,230 people and four associated neighborhoods, Spicewood is the 244th largest community in Texas. Much of the housing stock in Spicewood was built relatively recently. The construction of new real estate can often be taken as an indication that the local Spicewood economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Spicewood, where the median household income is $100,392.00.

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.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.66% 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.

Spicewood is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Spicewood’s overall crime rate is lower than average for the country.

It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Spicewood has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Spicewood has few renters and college students. But the biggest reason it is quieter in Spicewood than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Spicewood may be for you.

One downside of living in Spicewood, however, is that residents on average have to contend with a long commute, spending on average 34.24 minutes every day commuting to work.

As is often the case in a small town, Spicewood doesn't have a public transportation system that people use for their commute.

The citizens of Spicewood are among the most well-educated in the nation: 46.37% 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 $61,799, which is wealthy relative to Texas and the nation. This equates to an annual income of $247,196 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 Asian. Spicewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.18% 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.