Dripping Springs, AZ is known for its beautiful scenery and small-town charm. Located in the heart of Texas hill country, Dripping Springs is a great place to live, work, and play. With a two-bedroom rent of $1,340 compared to the US average of $1,430, it is an affordable place to live. Additionally, the grocery cost index in Dripping Springs is 92 versus 100 in the US. Some popular local companies include Muse Paintbar, Pedernales Brewing Company and Yonder Water. These businesses provide locals with entertainment and job opportunities while contributing to the thriving economy of Dripping Springs.
Dripping Springs has an unemployment rate of 6.7%. The US average is 6.0%.
Dripping Springs has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Dripping Springs
- The Sales Tax Rate for Dripping Springs is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Dripping Springs is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Dripping Springs
- The average income of a Dripping Springs resident is $29,036 a year. The US average is $28,555 a year.
- The Median household income of a Dripping Springs resident is $46,875 a year. The US average is $69,021 a year.