Little Elm is a medium-sized city located in the state of Texas. With a population of 51,042 people and 13 constituent neighborhoods, Little Elm is the 75th 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 $94,446.00.
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 (14.28%), office and administrative support (9.48%), and sales jobs (9.30%).
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.
Telecommuters are a relatively large percentage of the workforce: 9.35% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
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 35.74 minutes every day commuting to work.
The population of Little Elm is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 38.77% of adults in Little Elm have a bachelor's degree or even advanced degree.
The per capita income in Little Elm in 2018 was $35,510, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $142,040 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 18.22% of the city’s residents. Important ancestries of people in Little Elm include German, English, Irish, African, and French.
In addition, Little Elm has a lot of people living here who were born outside of the US (17.49%).
The most common language spoken in Little Elm is English. Other important languages spoken here include Spanish and African languages.