Most Expensive Southlake Neighborhoods
Southlake is a medium-sized city located in the state of Texas. With a population of 29,086 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 91.86% 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 (27.63%), sales jobs (16.11%) and business and financial occupations (10.30%).
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.
Telecommuters are a relatively large percentage of the workforce: 12.01% 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.
Because of many things, Southlake is a great place for families with children to consider. First of all, many other families with children live here, making Southlake a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Southlake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Southlake’s overall crime rate is lower than average for the country.
If knowledge is power, Southlake is a pretty powerful place. 68.48% 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 2010 was $74,380, which is wealthy relative to Texas and the nation. This equates to an annual income of $297,520 for a family of four.
Southlake is a somewhat 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, Irish, English, Italian, French and Polish.
The most common language spoken in Southlake is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||8,808|
|SOUTHLAKE HOME OWNERSHIP|
|% OWNER OCCUPIED||92.35%|
|% RENTER OCCUPIED||7.65%|
|TYPE OF SOUTHLAKE HOMES|
|SINGLE FAMILY DETACHED||95.22%|
|ROWHOUSES AND ATTACHED HOMES||0.79%|
|SMALL APARTMENT BUILDINGS||0.00%|
|COMPLEXES OR HIGH RISE APARTMENTS||1.36%|
|SIZE OF SOUTHLAKE HOMES|
|5 OR MORE BEDROOMS||34.15%|
|AGE OF SOUTHLAKE HOMES|
|NEWER HOMES (2000 OR LATER)||27.08%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||69.61%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||3.31%|
|HISTORIC (1939 OR BEFORE)||0.00%|
|SOUTHLAKE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$664,663|
|MEDIAN RENTAL PRICE||$2,898|
|HOME VALUE RANGE|
|$0 - $63,000||1.23%|
|$63,001 - $126,000||0.87%|
|$126,001 - $252,000||2.95%|
|$252,001 - $378,000||7.23%|
|$378,001 - $504,000||11.62%|
|$504,001 - $630,000||22.26%|
|$630,001 - $945,000||31.74%|
|$945,001 - $1,261,000||11.38%|
|PEOPLE OF SOUTHLAKE||DETAILS|
|UNDER 5 YEARS||4.55%|
|5 TO 17||28.58%|
|18 TO 24||4.09%|
|25 TO 34||4.52%|
|35 TO 54||37.38%|
|55 TO 64||13.53%|
|65 YEARS AND OVER||7.34%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.50%|
|MEDIAN HOUSEHOLD INCOME||$170,742|
|PER CAPITA INCOME||$74,380|
|INDIVIDUALS BELOW POVERTY LEVEL||3.20%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (12.69%)
Information Technology (3.60%)
Real estate (3.05%)
|BLACK OR AFRICAN AMERICAN||3.09%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.22%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.62%|
|TWO OR MORE RACES||1.77%|
|HISPANIC OR LATINO (OF ANY RACE)||5.97%|
|ETHNICITIES PRESENT||German (20.88%)
|LANGUAGES SPOKEN||English (88.83%)
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