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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 28.60% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Southlake really has some of the features that families look for when choosing a good community to raise children. Is Southlake perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Southlake. 74.08% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Southlake in 2018 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.