Westlake, TX
Population 1,543 · Texas
About Westlake, TX
Westlake is a small town located in Texas with a population of 1,543 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% above the national median of $75,149. The median age of 46.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Westlake features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Westlake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,501, 201% above the national average of $1,163/month. Of the 510 total housing units, 98% are owner-occupied (499 units) and 2% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Westlake shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Westlake have an average one-way commute time of 27.6 minutes.
Education & Demographics
76.0% of Westlake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 1.2% Asian residents, with 15.0% of the population being foreign-born.
How Westlake Ranks in Texas
Cost of Living in Westlake, TX
Compared to national averages, Westlake has a median household income of $250,001 (233% above the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $3,501 is 201% above the US average of $1,163. Within Texas, Westlake's income is 244% above the state average of $72,726, and home values are 844% above the state median of $211,769.
Why Live in Westlake, TX?
Westlake 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 2.2%, and a well-educated community where 76.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $2,000,001. However, Westlake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Westlake has a population of 1,543 with a median age of 46.8 years. Compare Westlake with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Westlake
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Meridian | 1,546 | $61,607 | $112,100 | Compare |
| McCamey | 1,550 | $40,625 | $98,200 | Compare |
| Goliad | 1,551 | $41,696 | $178,100 | Compare |
| Point Venture | 1,552 | $121,750 | $431,500 | Compare |
| Red Lick | 1,534 | $136,250 | $307,000 | Compare |
| Cresson | 1,556 | $85,625 | $291,200 | Compare |
| Bruceville-Eddy | 1,529 | $72,708 | $156,800 | Compare |
| Wallis | 1,557 | $40,411 | $104,200 | 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 Westlake With Other Cities
Frequently Asked Questions about Westlake
What is the population of Westlake, TX?
The population of Westlake, TX is 1,543 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Westlake?
The median household income in Westlake, TX is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Westlake?
The median home value in Westlake, TX is $2,000,001, which is 717% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Westlake?
The median monthly rent in Westlake, TX is $3,501, which is 201% above the national average of $1,163/month.
What is the unemployment rate in Westlake?
The unemployment rate in Westlake, TX is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Westlake, TX a good place to live?
Westlake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,543 and a median age of 46.8, the city appeals to established professionals and retirees.
How educated is Westlake, TX?
76.0% of residents in Westlake 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 Westlake?
Key cost-of-living indicators for Westlake, TX: median home value is $2,000,001 (717% above national), median rent is $3,501/month, and median household income is $250,001. The home-value-to-income ratio is 8.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Westlake?
The poverty rate in Westlake, TX is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Westlake, TX?
Westlake's population is 1.5% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 1.2% Asian, and 0.8% two or more races. 15.0% of residents are foreign-born.