Dripping Springs is a somewhat small city located in the state of Texas. With a population of 8,689 people and four associated neighborhoods, Dripping Springs is the 400th largest community in Texas. Much of the housing stock in Dripping Springs was built relatively recently. The construction of new real estate can often be taken as an indication that the local Dripping Springs economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Dripping Springs, where the median household income is $106,103.00. 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.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Dripping Springs is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Dripping Springs is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Dripping Springs who work in management occupations (17.42%), business and financial occupations (10.78%), and sales jobs (10.50%). 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. 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. A relatively large number of people in Dripping Springs telecommute to their jobs. Overall, about 37.85% 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. If knowledge is power, Dripping Springs is a pretty powerful place. 63.13% of the adults in Dripping Springs 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 Dripping Springs in 2022 was $56,826, which is wealthy relative to Texas and the nation. This equates to an annual income of $227,304 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 12.70% of the city’s residents. Important ancestries of people in Dripping Springs include German, English, Irish, Italian, and French. The most common language spoken in Dripping Springs is English. Other important languages spoken here include Spanish and Polish.
