Income & Economy in Dripping Springs city, TX (78620)
Median Income
$146,551
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+973
Wealth inflow
Population
20,624
Unemployment
2.5%
1.2pp below US avg
IRS migration statistics show a net inflow of about 973 for ZIP 78620 (Dripping Springs city, TX) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 78620 (2020–Present)
Since 2020, population grew 12.0%, median income rose 12.2% (inflation-adjusted), home values increased 23.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $146,551 |
| Unemployment | 2.5% |
| Establishments | 918 |
| Employees | 10,015 |