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.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.66% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 great place for families with children to consider. First of all, many other families with children live here, making Spicewood a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Spicewood has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Spicewood’s overall crime rate is lower than average for the country.

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.

In Spicewood, however, the average commute to work is quite long. On average, people spend 34.24 minutes each day getting to work, which is significantly 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 citizens of Spicewood are among the most well-educated in the nation: 46.37% of adults in Spicewood have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's 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.