Housing market/Texas/ZIP 78620

ACS 2023 · FY2027 SAFMR

ZIP 78620 Dripping Springs, Blanco County, Texas

Blanco County, TX · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
20,624
Households
7,531
Median HH income
$146,551
Renter share
13.7%
Median gross rent
$1,674
Vacancy
5.0%
Pop. change
+22.2%
2BR SAFMR
$1,890
SAFMR / rent
1.129×
2–49 unit stock
536
LIHTC proj / units
3 / 228
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 78620 · TX — sent to you.

ZIP 78620 · TX

ACS median rent$1,674
2BR SAFMR$1,890
90% floor$1,701
110% ceiling$2,079

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 78620

  • 1-unit detached6,60983.6%
  • 1-unit attached2723.4%
  • 2–4 units2082.6%
  • 5–49 units3284.1%
  • 50+ units660.8%
  • Mobile4235.4%
TypeUnitsShare
1-unit detached6,60983.4%
1-unit attached2723.4%
2 units (duplex)1191.5%
3–4 units891.1%
5–9 units00.0%
10–19 units1692.1%
20–49 units1592.0%
50+ units660.8%
Mobile4235.3%

2–4 unit share 2.6% · 5–49 unit share 4.1% · combined 2–49 6.8%.

Units by bedrooms

Studio
64
1BR
321
2BR
1,018
3BR
3,463
4BR
2,627
5+
436

Rent burden

Rent ≥30% of income47.1%
Rent ≥50% of income20.0%
  • ACS median gross rent $1,674 (all bedrooms, occupied rentals).
  • Median contract rent $1,413.
  • Renters paying ≥30% of income 47.1%; ≥50% 20.0%.
  • FY2027 2BR SAFMR $1,890 (1.129× ACS median gross rent).

Population

20,624 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +22.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 228 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,269 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 78620 13.7% of occupied households are renters; vacancy is 5.0%; ACS median gross rent is $1,674; population increased +22.2% between the 2018 and 2023 ACS vintages; the housing stock includes 208 units in 2–4-unit structures and 328 units in 5–49-unit structures; 3 LIHTC projects totaling 228 units; FY2027 2BR SAFMR is $1,890 versus ACS median gross rent of $1,674. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Texas research

ZIP 78620 is a Census / HUD profile for Blanco County, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 78620?

ZIP 78620 (Blanco County, TX) has 20,624 residents, 7,531 households, a renter share of 13.7%, median household income of $146,551, and ACS 2023 median gross rent of $1,674. Vacancy is 5.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 78620?

ACS counts 119 units in 2-unit buildings, 89 in 3–4 unit buildings, 0 in 5–9, 169 in 10–19, and 159 in 20–49. Combined 2–49 unit stock is 536 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 78620?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,890. See the full schedule and 90–110% payment-standard band on the ZIP 78620 — Dripping Springs, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 78620 is Census / HUD research for Blanco County, TX. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.