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. There's nothing like the smell of a brand new house, and in Little Elm, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Little Elm, and putting down their money on brand new construction. Little Elm’s real estate is, on average, some of the newest in the nation. Little Elm does seem to be experiencing an influx of affluent people, because 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.
Because of many things, Little Elm 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, Little Elm really has some of the features that families look for when choosing a good community to raise children. Is Little Elm 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.
One downside of living in Little Elm is that it can take a long time to commute to work. In Little Elm, the average commute to work is 35.33 minutes, which is quite a bit higher than the national average.
Little Elm is one of the most well-educated cities in the nation. 43.13% of adults in Little Elm have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
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.