Housing data for Dripping Springs, TX
Dripping Springs, TX has an estimated 7,405 residents and 3,127 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Hays County.
51.2% of households rent.
The median gross rent is $2,234 a month.
Its population grew measurably since 2015–2019 (+79.8%).
Figures last updated on .
- Residents
- 7,405 (±26)
- Housing units
- 3,127 (±352)
- Households that rent
- 51.2%
- Median gross rent
- $2,234
- Residents since 2015–2019
- +79.8%
What stands out in Dripping Springs
Working from home: 41.5% (±8.2 points) in Dripping Springs, higher than in Hays County (18.1%).
Median home value: $635,600 (±$37,163) in Dripping Springs, higher than in Hays County ($399,800).
Median gross rent: $2,234 (±$275) in Dripping Springs, higher than in Hays County ($1,495).
Homes built before 1980: 4.1% (±4.5 points) in Dripping Springs, lower than in Hays County (12.2%).
Housing in Dripping Springs at a glance
- Median rent: $2,234 median gross rent a month
- Rent by bedrooms: $2,312 median gross rent, 2 bedrooms
- Rent burden: 49.9% of renters pay 30% or more of income
- Renters and owners: 51.2% of households rent
- Income and affordability: $109,364 median household income
- Home values: $635,600 median home value
- Homeowner costs: $2,948 median monthly cost with a mortgage
- Property taxes: $8,571 median real estate taxes a year
- Types of homes: 29.2% of homes are in buildings of 5 or more units
- Bedrooms: 60.8% of homes have 3 or more bedrooms
- Age of homes: 4.1% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.3% rental vacancy rate
- Heating fuel: 69.4% heat with electricity
- Commute and cars: 27.4 minutes average trip to work
- Growth: +79.8% residents since 2015–2019
- How long people stay: 51.1% moved in since 2020
- Crowding and facilities: 6.8% of homes have more than 1 person per room
Dripping Springs against Hays County, its state and the nation
| Dripping Springs | Hays County | Texas | United States | |
|---|---|---|---|---|
| Residents | 7,405 (±26) | 268,638 (exact) | 30,188,424 (exact) | 334,922,499 |
| Housing units | 3,127 (±352) | 104,675 (±270) | 12,128,515 (±1,574) | 143,775,355 |
| Households that rent | 51.2% (±7.6 points) | 35.9% (±1.4 points) | 37.4% (±0.2 points) | 34.8% |
| Median gross rent | $2,234 (±$275) | $1,495 (±$39) | $1,403 (±$4) | $1,413 |
| Median household income | $109,364 (±$13,846) | $89,097 (±$2,532) | $78,476 (±$263) | $80,734 |
| Median home value | $635,600 (±$37,163) | $399,800 (±$10,271) | $283,800 (±$738) | $332,700 |
| Median real estate taxes (a year) | $8,571 (±$2,229) | $6,649 (±$127) | $4,232 (±$19) | $3,119 |
| Built before 1980 | 4.1% (±4.5 points) | 12.2% (±1.1 points) | 33.2% (±0.2 points) | 49.7% |
| Average commute | 27.4 minutes (±6.6) | 31.3 minutes (±0.9) | 26.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 87.0% (±9.9 points) | 92.9% (±0.9 points) | 91.4% (±0.1 points) | 91.0% |
| Median age of residents | 38.5 years (±1.7) | 34.1 years (±0.2) | 35.6 years (±0.1) | 38.9 years |
Dripping Springs covers 8.8 square miles of land, about 840 residents per square mile (Census Bureau Gazetteer).
How Dripping Springs has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,119 (±25) | 7,405 (±26) | +79.8% | Measurable increase |
| Housing units | 1,416 (±136) | 3,127 (±352) | +120.8% | Measurable increase |
| Median gross rent | $1,160 (±$114) | $2,234 (±$275) | +92.6% | Up after inflation |
| Median home value | $389,200 (±$30,773) | $635,600 (±$37,163) | +63.3% | Up after inflation |
| Median household income | $80,000 (±$26,191) | $109,364 (±$13,846) | +36.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,365 (±$248) | $2,948 (±$281) | +24.7% | No measurable change after inflation |
| Median real estate taxes | $6,042 (±$1,016) | $8,571 (±$2,229) | +41.9% | No measurable change after inflation |
| Households that rent | 32.5% (±9.0 points) | 51.2% (±7.6 points) | +18.7 percentage points | Measurable increase |
| Rental vacancy rate | 5.7% (±6.7 points) | 0.3% (±0.5 points) | −5.4 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Dripping Springs
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Belterra | 6.5 mi | $2,845 | $773,400 | 1.4% |
| Bear Creek | 9.2 mi | — | $847,500 | 1.5% |
| Bee Cave | 11 mi | $1,877 | $776,400 | 51.2% |
| Woodcreek | 12 mi | $1,809 | $425,600 | 45.6% |
| The Hills | 12 mi | $3,500 or more | $846,000 | 3.6% |
| Lakeway | 13 mi | $2,981 | $841,300 | 13.7% |
| Shady Hollow | 14 mi | — | $755,900 | 4.6% |
| Hays | 14 mi | $2,295 | $327,300 | 19.1% |
Places in Texas most like Dripping Springs
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Round Rock | $1,763 | $418,600 | $99,287 | 44.5% |
| Plano | $1,841 | $465,900 | $112,253 | 43.1% |
| Grapevine | $1,863 | $493,100 | $111,376 | 47.3% |
| Roanoke | $1,783 | $466,900 | $97,295 | 45.7% |
| Northlake | $1,746 | $565,600 | $123,469 | 38.1% |
| McKinney | $1,901 | $471,800 | $124,215 | 36.2% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Texas.
HUD Fair Market Rent for Dripping Springs, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,447 | $1,530 | $1,817 | $2,292 | $2,689 |
HUD income limits for Dripping Springs, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $28,250 | $47,050 | $74,800 |
| 2 people | $32,250 | $53,800 | $85,450 |
| 3 people | $36,300 | $60,500 | $96,150 |
| 4 people | $40,300 | $67,200 | $106,800 |
| 5 people | $43,550 | $72,600 | $115,350 |
| 6 people | $46,750 | $78,000 | $123,900 |
| 7 people | $50,040 | $83,350 | $132,450 |
| 8 people | $55,720 | $88,750 | $141,000 |
These are the limits HUD sets for its housing programs in the Austin-Round Rock-San Marcos, TX MSA, where HUD’s median family income for fiscal year 2026 is $134,400.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Dripping Springs
What is the average rent in Dripping Springs, TX?
The Census Bureau publishes the median rather than the average: the median gross rent in Dripping Springs is $2,234 (±$275) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Dripping Springs?
The median gross rent for a one-bedroom home in Dripping Springs, TX is $1,484 (±$237) a month (2020–2024 American Community Survey).
Are renters in Dripping Springs rent-burdened?
49.9% of renting households in Dripping Springs pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Dripping Springs?
Dripping Springs has an estimated 1,544 (±321) renting households, 51.2% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Dripping Springs?
The median household income in Dripping Springs is $109,364 (±$13,846) a year (2020–2024 American Community Survey).
What is the average home value in Dripping Springs, TX?
The Census Bureau publishes the median: $635,600 (±$37,163) for owner-occupied homes in Dripping Springs (2020–2024 American Community Survey).
Is Dripping Springs growing?
In Dripping Springs, the number of residents went from 4,119 in 2015–2019 to 7,405 in 2020–2024 (+79.8%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Dripping Springs city, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Dripping Springs city, Texas
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Dripping Springs city, Texas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Dripping Springs city, Texas
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Dripping Springs city, Texas
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Dripping Springs city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Dripping Springs city, Texas
- HUD Fair Market Rents, fiscal year 2027: Austin-Round Rock-San Marcos, TX MSA
- HUD Income Limits, fiscal year 2026: Austin-Round Rock-San Marcos, TX MSA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Dripping Springs city, Texas (place:21424, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .