Census Bureau data for Southlake city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Southlake city
- What is the median household income in Southlake city?
- The median household income in Southlake city is $250,001 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Southlake city?
- The poverty rate in Southlake city is 2.1% (U.S. Census Bureau ACS 2023).
- What is the median home value in Southlake city?
- $957,500 (U.S. Census Bureau ACS 2023).
- What is the average rent in Southlake city?
- The median gross rent in Southlake city is $3,501 per month (U.S. Census Bureau ACS 2023).
- What percentage of Southlake city residents have a college degree?
- 74.7% of adults in Southlake city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
31,044
Median Income
$250,001
Median Home Value
$957,500
Poverty Rate
2.1%
Unemployment (ACS 2023)
3.0%
Median Age
42.0 yrs
Since 2019
Median Income:
+$9,753 (+4.1%)
Home Value:
+$280,600 (+41.5%)
Poverty Rate:
-0.3 pp (-12.5%)
Bachelor's+:
+5.0 pp (+7.2%)
Unemployment:
+0.8 pp (+36.4%)
Demographics
Total Population
31,044
Median Age
42.0
Female
51.2%
Race & Ethnicity
Hispanic or Latino 9.1%
White (non-Hisp.) 69.1%
Black 1.8%
Asian 15.7%
Two or More 7.8%
Other 1.1%
Asian Subgroups (% of total pop.)
Indian
7.4%
Chinese
4.8%
Vietnamese
2.1%
Korean
0.6%
Filipino
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
4.0%
Puerto Rican
0.3%
Cuban
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$250,001
+$173,709 vs. state
Per Capita Income
$381,155
Median Family Income
$250,001
Poverty Rate
2.1%
-8.4 pp vs. state
Child Poverty Rate
0.9%
Working-Age Poverty Rate
—
SNAP Recipients
1.0%
Social Security Income
—
Retirement Income
26.5%
Household Income Distribution
< $10k
1.6%
$10–15k
0.4%
$15–25k
1.5%
$25–35k
1.8%
$35–50k
2.0%
$50–75k
4.1%
$75–100k
5.1%
$100–150k
8.8%
$150–200k
10.6%
$200k+
64.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
9,782
Owner-Occupied
95.5%
Renter-Occupied
4.5%
Vacancy Rate
4.4%
Median Home Value
$957,500
+$697,100 vs. state
Median Gross Rent
$3,501
Owner Cost Burden (30%+)
14.4%
Renter Cost Burden (30%+)
40.5%
Home Value Distribution
< $50k
1.7%
$50–100k
0.2%
$100–200k
0.5%
$200–300k
1.0%
$300–500k
3.7%
$500k–$1M
47.5%
$1M+
45.3%
Gross Rent Distribution
< $500
7.7%
$500–1k
0.8%
$1–1.5k
12.7%
$2–2.5k
6.1%
$2.5–3.5k
6.9%
$3.5k+
65.8%
Vehicle Availability
No vehicle
1.9%
1 vehicle
9.4%
2 vehicles
52.9%
3+
35.8%
Housing Type
Single-fam. det.
94.4%
Single-fam. att.
1.2%
20+ units
2.9%
Mobile home
1.2%
Housing Age
Pre-1940
0.4%
1940–1969
0.3%
1970–1999
3.5%
2000–2009
18.1%
2010+
17.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.7%
Bachelor's or Higher
74.7%
+41.6 pp vs. state
Graduate Degree
33.2%
Some College / Associate
11.2%
Less Than High School
0.3%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
61.0%
Unemployment Rate
3.0%
-2.1 pp vs. state
Work from Home
29.9%
Self-Employed
7.2%
Government Workers
7.5%
Private For-Profit
84.5%
Industry
Edu/Health
20.3%
Prof. Services
17.0%
Finance
16.4%
Manufacturing
11.7%
Retail
8.0%
Arts/Entmt.
6.3%
Transportation
5.5%
Construction
4.3%
Wholesale
2.9%
Information
2.5%
Agriculture
1.7%
Public Admin
0.9%
Occupation
Management
71.7%
Sales
17.1%
Food Prep
5.5%
Production
4.0%
Construction
1.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
25.5 min
Drove Alone
63.3%
Carpool
4.8%
Public Transit
0.1%
Work from Home
29.9%
Walked
0.6%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
9,354
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
84.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
45.5%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.3%
5–9
7.9%
10–14
12.3%
15–19
9.4%
20–24
3.1%
25–34
3.8%
35–44
12.2%
45–54
19.3%
55–64
7.9%
65–74
6.5%
75–84
8.1%
85+
3.4%
Under 18: 31.4%
Working age (18–64): 68.6%
65 and over: 13.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
16.3%
Naturalized Citizen
68.1%
Speaks English Less Than Very Well
3.0%
Foreign-Born Origin
Asia
52.6%
Latin America
17.0%
Europe
16.1%
Africa
4.5%
Veterans & Disability
Veteran
5.3%
With a Disability
7.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.8%
Uninsured
2.2%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
98.0%
Has a Computer
97.9%
Same House 1 Year Ago
89.5%
Moved from Abroad
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023