Dripping Springs, TX Profile: Facts & Data

The City of Dripping Springs had a population of 7,570 as of July 1, 2024. Dripping Springs ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Dripping Springs is located at latitude 30.1902 and longitude -98.0867 in Hays County. The formal boundaries for the City of Dripping Springs encompass a land area of 6.4 sq. miles and a water area of 0 sq. miles. Hays County is in the Central time zone (GMT -6).

The City of Dripping Springs has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Dripping Springs is located within Dripping Springs-Wimberley Division of Hays County.

Dripping Springs, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	7,570 (100%)
Population in Households	7,522 (99.4%)
Population in Families	6,640 (87.7%)
Population in Group Quarters¹	48 ( 0.6%)
Population Density	859
Diversity Index²	54


INCOME
Median Household Income	$151,955
Average Household Income	$195,236
% of Income for Mortgage⁴	28%
Per Capita Income	$78,232
Wealth Index⁵	206
Socioeconomic Status Index⁶	Moderate (64.1)

HOUSING
Total HU (Housing Units)	3,374 (100%)
Owner Occupied HU	2,586 (76.6%)
Renter Occupied HU	447 (13.2%)
Vacant Housing Units	341 (10.1%)
Median Home Value	$672,403
Average Home Value	$770,099
Housing Affordability Index³	81

HOUSEHOLDS
Total Households	3,033
Average Household Size	2.48
Family Households	2,349
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Dripping Springs, TX - Peer Comparisons by Rank and Percentile

The table below compares Dripping Springs to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	12.15%	1.78%
Households	13.43%	2.38%
Families		1.60%
Median Household Income		2.58%
Per Capita Income		2.87%
Owner Occupied HU		1.43%

Variable Description	Rank	Percentile
Total Population	# 330	82nd
Population Density	# 801	57th
Median Household Income	# 69	96th
Housing Affordability Index	# 482	26th
Per Capita Income	# 44	98th
Diversity Index	# 1409	25th

Dripping Springs, TX Profile: Facts & Data

Dripping Springs, Texas - Basic Facts

Dripping Springs, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Dripping Springs, TX - Peer Comparisons by Rank and Percentile

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