The total population within Dripping Springs city limits reached 3,277 people in 2018, according to data by the U.S. Census Bureau's 2018 Annual Community Survey estimate, which was released in December. Since 2013, the city's population has grown by about 81.95%.
Growth continues in the city's extraterritorial jurisdiction as well. Overall, the number of people living within the larger Dripping Springs-Wimberley Census County Division in western Hays County—which includes the city of Wimberley and Dripping Springs, as well as areas in its ETJ like Driftwood—has increased from 36,916 in 2013 to 40,845 in 2018. That number represents 10.64% growth in the area overall, which is consistent with 11.82% growth in the Austin area overall.
Median home values in Dripping Springs have increased by 57.77% since 2013, according to the survey. Similarly, the median cost for rent in the city increased by 29.21% to $1,261 a month, while the median cost for a mortgage is now $2,290 a month, a 31.53% increase from 2013 data.
Median home values in Dripping Springs are currently at $341,100, compared to $363,000 in the overall CCD area. In the city of Austin, median home values are currently $312,300, according to the survey.
The 2018 Annual Community Survey estimate also shows that a higher percentage of Dripping Springs residents hold a bachelor's degree as compared to in 2013, although the city still trails the city of Austin. In 2018, 37.5% of Dripping Springs residents who are 25 or older held a bachelor's degree, as compared to 50.4% of Austin residents.
The population of Dripping Springs has grown by over 80% since 2013
Mercer Street in downtown Dripping Springs features local businesses and shops. (Olivia Aldridge/Community Impact Newspaper)