Southlake, TX
Population 31,044 · Texas
About Southlake, TX
Southlake is a mid-sized city in Texas with a population of 31,044 residents. The median household income is $250,001 per year, which is above the national average. The median age in Southlake is 42.6 years.
Housing in Southlake has a median home value of $957,500 and median monthly rent of $3,501. Of the 9,782 total housing units, the majority are owner-occupied, with 8,937 owner-occupied and 417 renter-occupied units.
The unemployment rate in Southlake is 3.0% and the poverty rate is 2.0%. 74.7% of residents hold a bachelor's degree or higher. The average commute time is 25.5 minutes.
How Southlake Ranks in Texas
Cost of Living in Southlake, TX
Compared to national averages, Southlake has a median household income of $250,001 (233% above the national median of $75,149). Home values average $957,500, which is 291% above the national median. Monthly rent at $3,501 is 201% above the US average of $1,163. Within Texas, Southlake's income is 244% above the state average of $72,726, and home values are 352% above the state median of $211,769.
Why Live in Southlake, TX?
Southlake offers a strong local economy with a median household income of $250,001, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 74.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $957,500. However, Southlake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Southlake has a population of 31,044 with a median age of 42.6 years. Compare Southlake with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Southlake
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Seguin | 31,789 | $61,896 | $227,000 | Compare |
| West Odessa | 31,985 | $65,782 | $134,100 | Compare |
| Nacogdoches | 32,104 | $38,855 | $173,200 | Compare |
| Greenville | 29,936 | $63,574 | $197,400 | Compare |
| Hutto | 32,188 | $115,149 | $315,800 | Compare |
| Canyon Lake | 32,924 | $93,114 | $337,200 | Compare |
| Cleburne | 32,966 | $66,324 | $200,900 | Compare |
| Sachse | 29,075 | $130,839 | $366,100 | 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 Southlake With Other Cities
Frequently Asked Questions about Southlake
What is the population of Southlake, TX?
The population of Southlake, TX is 31,044 according to the latest Census data.
What is the median household income in Southlake?
The median household income in Southlake, TX is $250,001 per year.
What is the median home value in Southlake?
The median home value in Southlake, TX is $957,500.
What is the average rent in Southlake?
The median monthly rent in Southlake, TX is $3,501.
What is the unemployment rate in Southlake?
The unemployment rate in Southlake, TX is 3.0%.