Southlake

Population: 31,044
Median household income: $250,001
Median home value: $957,500

Located in Tarrant County, Texas, Southlake is a community with a population of 31,044. Its median household income of $250,001 runs above the Tarrant County figure of $81,905.

Between 2019 and 2023, Southlake's population held roughly steady from 31,292 to 31,044, while its median home value rose 41.5% from $676,900 to $957,500.

The median gross rent is $3,501. 74.7% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 31,044
Median age: 42.6 yrs
Median household income: $250,001
Median home value: $957,500
Median gross rent: $3,501
Housing units: 9,782
Homeownership rate: 95.5%
Bachelor's degree or higher: 74.7%
Unemployment rate: 3.0%

Trends

ACS 5-year · 2019–2023

Population

31,29231,044

Median household income

$240,248$250,001

Median home value

$676,900$957,500

Median gross rent

$1,367$3,501

Year	Population	Median household income	Median home value	Median gross rent
2019	31,292	$240,248	$676,900	$1,367
2020	31,684	$223,621	$697,000	$1,337
2021	30,754	$239,833	$723,800	$1,497
2022	30,779	$250,001	$854,900	$2,518
2023	31,044	$250,001	$957,500	$3,501

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.3%

5 to 1727.0%

18 to 245.6%

25 to 343.8%

35 to 4412.2%

45 to 5419.3%

55 to 6414.4%

65 to 748.1%

75 and over5.2%

	Count	Share
Under 5	1,345	4.3%
5 to 17	8,393	27.0%
18 to 24	1,723	5.6%
25 to 34	1,194	3.8%
35 to 44	3,797	12.2%
45 to 54	5,978	19.3%
55 to 64	4,469	14.4%
65 to 74	2,521	8.1%
75 and over	1,624	5.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	21,442	69.1%
Black or African American	556	1.8%
American Indian & Alaska Native	0	0.0%
Asian	4,867	15.7%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	22	0.1%
Two or more races	1,339	4.3%
Hispanic or Latino (any race)	2,818	9.1%

Educational attainment (age 25+)

No high school diploma1.3%

High school graduate7.4%

Some college or associate's16.7%

Bachelor's degree41.4%

Graduate or professional degree33.2%

	Count	Share
No high school diploma	258	1.3%
High school graduate	1,443	7.4%
Some college or associate's	3,263	16.7%
Bachelor's degree	8,116	41.4%
Graduate or professional degree	6,503	33.2%

Commute to work

Mean travel time to work: 26 min

Drove alone63.3%

Carpooled4.8%

Public transit0.1%

Walked0.6%

Bicycle0.0%

Worked from home29.9%

Other means1.3%

How workers get to work

	Count	Share
Drove alone	8,404	63.3%
Carpooled	637	4.8%
Public transit	17	0.1%
Walked	77	0.6%
Bicycle	0	0.0%
Worked from home	3,977	29.9%
Other means	172	1.3%

Travel time

	Count	Share
Under 15 min	2,187	23.5%
15 to 29 min	3,103	33.3%
30 to 44 min	2,833	30.4%
45 to 59 min	759	8.2%
60+ min	425	4.6%

Households

Average household size: 3.31
Poverty rate: 2.0% (632 of 30,909)

	Count	Share
Family households	8,578	91.7%
Nonfamily households	776	8.3%

Housing

Median year structure built: 1997

Occupancy

	Count	Share
Occupied	9,354	95.6%
Vacant	428	4.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	8,937	95.5%
Renter-occupied	417	4.5%

1-unit, detached94.4%

1-unit, attached1.2%

2 to 4 units0.3%

5 to 19 units0.0%

20 or more units2.9%

Mobile home & other1.3%

Units in structure

	Count	Share
1-unit, detached	9,233	94.4%
1-unit, attached	115	1.2%
2 to 4 units	28	0.3%
5 to 19 units	0	0.0%
20 or more units	280	2.9%
Mobile home & other	126	1.3%

Geography

Place GEOID: 4869032
Type (LSAD): 25
Land area: 22 sq mi
Water area: 0.59 sq mi
Center point: 32.9545, -97.1489