The median home value in Dripping Springs, TX is $753,600. This is higher than the county median home value of $437,800. The national median home value is $338,100. The average price of homes sold in Dripping Springs, TX is $753,600. Approximately 69.71% of Dripping Springs homes are owned, compared to 25.03% rented, while 5.26% are vacant. Dripping Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Dripping Springs real estate agent to arrange a tour today!
Learn More About Dripping Springs Real EstateDripping Springs has a population of approximately 4,699 and experiences a population change rate of 203.55%. The population density is 734.7 / sq mi.
The median household income for Dripping Springs is $111,429, with 1,692 households and an average household size of 2.73.
The cost of living index in Dripping Springs is 145.7%.
The median value of a home in Dripping Springs is $753,600 with an appreciation rate of 19.8%. 69.7% of housing in the city is owned while 25.0% is rented.
The unemployment rate in Dripping Springs is 3.00%, and recent job growth is at 2.91%. Future job growth is projected at 64.60%.
The sales tax rate in Dripping Springs is 8.25%, while the income tax rate is 0.00%.
School expenditures in Dripping Springs are $14,040, and the school ratio is 14.6:1.
The average high temperature in July is 93.1 degrees, with an average low temperature in January of 37.3 degrees. The average rainfall is approximately 36.3 inches per year, with 0.7 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 93.53 | 90.47 |
College Degree - 2 year | 4.24 | 6.29 |
College Degree - 4 year | 53.42 | 38.67 |
Graduate Degree | 14.39 | 10.26 |
Expenditures per Student | $14,040 | $14,040 |
Students per Teacher | 14.60 | 14.60 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Bee Cave Elementary School | PK - 05 | 623 | 15.6 | 78738 |
Dripping Springs Elementary School | PK - 05 | 921 | 15.9 | 78620 |
Jacob's Well Elementary | 02 - 06 | 629 | 15.3 | 78676 |
Lake Pointe Elementary School | PK - 05 | 676 | 16.1 | 78738 |
Rooster Springs Elementary School | PK - 05 | 819 | 16.1 | 78737 |
Scudder Primary School | PK - 01 | 317 | 15.5 | 78676 |
Serene Hills Elementary School | PK - 05 | 762 | 16.2 | 78738 |
Walnut Springs Elementary School | PK - 05 | 857 | 15.5 | 78620 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Danforth Junior High School | 06 - 08 | 479 | 13.4 | 78676 |
Dripping Springs Middle School | 06 - 08 | 1238 | 19.2 | 78620 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Dripping Springs High School | 09 - 12 | 1586 | 17.2 | 78620 |
Katherine Anne Porter School | 09 - 12 | 146 | 6.9 | 78676 |
Lake Travis High School | 09 - 12 | 2561 | 18.1 | 78738 |
Wimberley High School | 08 - 12 | 695 | 13.6 | 78676 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
New Elementary | UG - UG | 0 | null | 78620 |
New Middle | UG - UG | 0 | null | 78620 |
Pathfinder Camp | 06 - 12 | 18 | 6.1 | 78619 |