Southlake city, Texas Demographics & Population 2026

Population Overview

Southlake city is a mid-sized community located in Texas. The total population is 31,044. It ranks as the 115th most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Southlake city is 42.6 years. This is 20% higher than the state median of 35.5 years. With 31.4% of the population under 18, Southlake city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Southlake city is $250,001. This is 228% higher than the state median of $76,292. Compared to the national median of $78,538, household income here is 218% higher. The poverty rate stands at 2.0%. This is 85% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.0%. This is 41% lower than the state rate of 5.1%. The median home value is $957,500. Housing costs are 268% higher than the state median of $260,400. The home-value-to-income ratio is 3.8x. 95.5% of occupied housing units are owner-occupied. This homeownership rate is 53% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Southlake city is White (non-Hispanic), making up 69.1% of the population. Asian residents account for 15.7%. The White (non-Hispanic) population is significantly higher than the state average (69.1% vs 39.9%). The Black or African American population (1.8%) is well below the state average of 11.9%. The Hispanic or Latino population (9.1%) is well below the state average of 39.5%. The Asian population is significantly higher than the state average (15.7% vs 5.3%).

Education

74.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Southlake city in the top 10% of all cities in the state for educational attainment. This is 126% higher than the state rate of 33.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.7%. Notably, 33.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Southlake city, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,800 Census-designated places in Texas. For official data, visit data.census.gov.