Dripping Springs, TX is a vibrant city situated in Hays County. With access to the Texas Hill Country, Dripping Springs is home to stunning natural beauty and outdoor activities as well as plenty of local businesses and attractions. Two bedroom rent prices are slightly higher than the US average, but grocery costs remain at nearly the same level. For entertainment, there are several options available including the local distillery Deep Eddy Vodka, live music venue The Grackle and popular spots such as Jester King Brewery and Hamilton Pool Preserve. Additionally, there are numerous shopping opportunities with unique boutiques and locally owned restaurants. It's no wonder Dripping Springs has become one of the most desirable places to live in Texas.
Dripping Springs has an unemployment rate of 5.3%. The US average is 6.0%.
Dripping Springs has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 53.4%, which is higher than the US average of 33.5%.
Tax Rates for Dripping Springs
- The Sales Tax Rate for Dripping Springs is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Dripping Springs is 0.0%. 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 $25,343 a year. The US average is $28,555 a year.
- The Median household income of a Dripping Springs resident is $111,429 a year. The US average is $69,021 a year.