Southlake is a medium-sized city located in the state of Texas. With a population of 31,102 people and six associated neighborhoods, Southlake is the 107th largest community in Texas.
Southlake home prices are not only among the most expensive in Texas, but Southlake real estate also consistently ranks among the most expensive in America.
Also of interest is that Southlake has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Southlake telecommute to their jobs. Overall, about 28.60% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
In addition, Southlake is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Southlake is a great place for families with children to consider. First of all, many other families with children live here, making Southlake 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 city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Southlake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Southlake’s overall crime rate is lower than average for the country.
If knowledge is power, Southlake is a pretty powerful place. 74.08% of the adults in Southlake have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Southlake in 2022 was $110,228, which is wealthy relative to Texas and the nation. This equates to an annual income of $440,912 for a family of four.
Southlake is a very ethnically-diverse city. The people who call Southlake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Southlake residents report their race to be White, followed by Asian. Important ancestries of people in Southlake include English, German, Irish, Italian, and Polish.
Foreign born people are also an important part of Southlake's cultural character, accounting for 15.89% of the city’s population.
The most common language spoken in Southlake is English. Other important languages spoken here include Spanish and Chinese.