Spicewood is a somewhat small town located in the state of Texas. With a population of 11,230 people and four associated neighborhoods, Spicewood is the 244th largest community in Texas. Much of the housing stock in Spicewood was built relatively recently. The construction of new real estate can often be taken as an indication that the local Spicewood economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Spicewood, where the median household income is $100,392.00. Spicewood home prices are not only among the most expensive in Texas, but Spicewood real estate also consistently ranks among the most expensive in America.Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Spicewood is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Spicewood is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Spicewood who work in management occupations (13.52%), sales jobs (12.15%), and office and administrative support (8.29%). Also of interest is that Spicewood has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 24.66% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Spicewood is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Spicewood really has some of the features that families look for when choosing a good community to raise children. Is Spicewood perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Spicewood has relatively fewer families with younger children, and/or college students. Combined, this makes Spicewood a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here. One downside of living in Spicewood is that it can take a long time to commute to work. In Spicewood, the average commute to work is 34.24 minutes, which is quite a bit higher than the national average. As is often the case in a small town, Spicewood doesn't have a public transportation system that people use for their commute.The education level of Spicewood ranks among the highest in the nation. Of the 25-and-older adult population in Spicewood, 46.37% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree. The per capita income in Spicewood in 2022 was $61,799, which is wealthy relative to Texas and the nation. This equates to an annual income of $247,196 for a family of four. However, Spicewood contains both very wealthy and poor people as well. Spicewood is a very ethnically-diverse town. The people who call Spicewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Spicewood residents report their race to be White, followed by Asian. Spicewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.18% of the town’s residents. Important ancestries of people in Spicewood include English, German, Irish, European, and Scottish. The most common language spoken in Spicewood is English. Other important languages spoken here include Spanish and Polish.
