Little Elm, TX
Population 51,426 · Texas
About Little Elm, TX
Little Elm is a mid-sized city located in Texas with a population of 51,426 residents according to the latest US Census Bureau American Community Survey data. The median household income is $116,036 per year, which is 54% above the national median of $75,149. The median age of 36 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Little Elm features a median home value of $390,300, which is 59% above the national median of $244,900. This places Little Elm in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,900, 63% above the national average of $1,163/month. Of the 18,359 total housing units, 68% are owner-occupied (12,029 units) and 32% are renter-occupied (5,575 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Little Elm shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Little Elm have an average one-way commute time of 35.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
40.6% of Little Elm residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 13.7% White, 2.8% Hispanic or Latino, 1.5% Black or African American, and 5.4% Asian residents, with 18.8% of the population being foreign-born.
Cost of Living in Little Elm, TX
Compared to national averages, Little Elm has a median household income of $116,036 (54% above the national median of $75,149). Home values average $390,300, which is 59% above the national median. Monthly rent at $1,900 is 63% above the US average of $1,163. Within Texas, Little Elm's income is 60% above the state average of $72,726, and home values are 84% above the state median of $211,769.
Why Live in Little Elm, TX?
Little Elm offers a strong local economy with a median household income of $116,036, well above the national average, and a well-educated community where 40.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $390,300. However, as a mid-sized city, Little Elm provides access to a wide range of amenities and services.
Little Elm has a population of 51,426 with a median age of 36 years. Compare Little Elm with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Little Elm
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Burleson | 50,981 | $94,162 | $282,900 | Compare |
| Grapevine | 50,875 | $111,438 | $470,400 | Compare |
| Kyle | 52,439 | $89,645 | $302,200 | Compare |
| Rockwall | 49,605 | $114,926 | $382,400 | Compare |
| Galveston | 53,348 | $57,216 | $294,300 | Compare |
| Bedford | 49,191 | $81,393 | $322,300 | Compare |
| Texas City | 54,159 | $65,447 | $190,600 | Compare |
| Cedar Hill | 48,547 | $90,608 | $273,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Little Elm With Other Cities
Frequently Asked Questions about Little Elm
What is the population of Little Elm, TX?
The population of Little Elm, TX is 51,426 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Texas.
What is the median household income in Little Elm?
The median household income in Little Elm, TX is $116,036 per year, which is 54% above the national median of $75,149.
What is the median home value in Little Elm?
The median home value in Little Elm, TX is $390,300, which is 59% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Little Elm?
The median monthly rent in Little Elm, TX is $1,900, which is 63% above the national average of $1,163/month.
What is the unemployment rate in Little Elm?
The unemployment rate in Little Elm, TX is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Little Elm, TX a good place to live?
Little Elm offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 51,426 and a median age of 36, the city appeals to a broad range of residents.
How educated is Little Elm, TX?
40.6% of residents in Little Elm aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Little Elm?
Key cost-of-living indicators for Little Elm, TX: median home value is $390,300 (59% above national), median rent is $1,900/month, and median household income is $116,036. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Little Elm?
The poverty rate in Little Elm, TX is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Little Elm, TX?
Little Elm's population is 13.7% White, 2.8% Hispanic or Latino, 1.5% Black or African American, 5.4% Asian, and 19.1% two or more races. 18.8% of residents are foreign-born.