Southlake is a medium-sized city located in the state of Texas. With a population of 32,376 people and four constituent neighborhoods, Southlake is the 104th 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.
Southlake is a decidedly white-collar city, with fully 92.97% of the workforce employed in white-collar jobs, well above the national average. Overall, Southlake is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Southlake who work in management occupations (25.88%), sales jobs (16.10%), and business and financial occupations (12.30%).
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: 16.63% 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". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
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.
If knowledge is power, Southlake is a pretty powerful place. 69.71% of the adults in Southlake have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Southlake in 2018 was $91,954, which is wealthy relative to Texas and the nation. This equates to an annual income of $367,816 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 German, English, Irish, Italian, and Polish.
The most common language spoken in Southlake is English. Other important languages spoken here include Spanish and Langs. of India.