Little Elm is a medium-sized city located in the state of Texas. With a population of 53,126 people and four constituent neighborhoods, Little Elm is the 108th largest community in Texas. Little Elm has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Little Elm, where the median household income is $98,803.00.
Little Elm real estate is some of the most expensive in Texas, although Little Elm house values don't compare to the most expensive real estate in the U.S.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Little Elm is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Little Elm is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Little Elm who work in management occupations (15.28%), office and administrative support (10.78%), and computer science and math (9.24%).
Also of interest is that Little Elm has more people living here who work in computers and math than 95% of the places in the US.
Little Elm is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Little Elm’s overall crime rate is lower than average for the country.
One downside of living in Little Elm, however, is that residents on average have to contend with a long commute, spending on average 35.33 minutes every day commuting to work.
The education level of Little Elm ranks among the highest in the nation. Of the 25-and-older adult population in Little Elm, 43.13% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Little Elm in 2018 was $36,411, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $145,644 for a family of four. However, Little Elm contains both very wealthy and poor people as well.
Little Elm is an extremely ethnically-diverse city. The people who call Little Elm home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Little Elm residents report their race to be White, followed by Black or African-American. Little Elm also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 22.71% of the city’s residents. Important ancestries of people in Little Elm include German, English, Irish, French, and African.
Little Elm also has a high percentage of its population that was born in another country: 18.66%.
The most common language spoken in Little Elm is English. Other important languages spoken here include Spanish and Arabic.