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Southlake, Texas Demographics & Population 2026

During the 2020–2024 ACS period, Southlake, Texas had a total population of 31,137, the 119th largest city in Texas, with a median household income of $250,000+, which is 219% higher than the state average. The poverty rate is 1.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Southlake Quick Facts

Population 31,137
Median Household Income $250,000+
Median Home Value $1,014,500
Poverty Rate 1.6%
Unemployment Rate 2.7%
Median Age 43.1 years
Homeownership Rate 94.6%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 74.6%
High School Graduation Rate 98.4%
Diversity Index 49/100
Population 31,137 119th of 1,795
Median Income $250,000+ top 10%
Poverty Rate 1.6% 88% lower than national
Median Home Value $1,014,500 top 10%

How Southlake Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population31,04431,137+0.3%
Median household income$250,000+$250,000++0.0%
Median home value$957,500$1,014,500+6.0%

How Southlake Compares

Economy & Housing

Household Income Distribution

Under $25K 2.6%
$25K-$50K 4.8%
$50K-$100K 8.7%
$100K+ 83.8%
Detailed income brackets
Under $10K
1.2%
$10K-$15K
0.6%
$15K-$20K
0.1%
$20K-$25K
0.7%
$25K-$30K
1.4%
$30K-$35K
1.1%
$35K-$40K
0.5%
$40K-$45K
1.2%
$45K-$50K
0.8%
$50K-$60K
1.0%
$60K-$75K
2.3%
$75K-$100K
5.5%
$100K-$125K
5.8%
$125K-$150K
2.4%
$150K-$200K
10.9%
$200K+
64.8%

Employment

2.7% Unemployment Rate State: 5.3%|National: 5.2%
61.5% Labor Force Participation

Housing Overview

Owner 94.6%
Renter 5.4%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $3,501/mo 16.8% of median household income annually

People & Demographics

Diversity Index

49out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 61

Education

Southlake Rankings in Texas

#119 Population of 1,795
#1 Median Income of 1,546
#35 Education of 1,795
#20 Home Value of 1,542

Other Cities in Tarrant County

CityPopulationMedian IncomePovertyHome Value
Fort Worth 963,194 $79,507 13.1% $303,000
Arlington 397,742 $75,171 12.9% $304,700
Flower Mound 78,389 $161,235 4.3% $560,200
Mansfield 77,510 $121,126 5.8% $410,700
North Richland Hills 70,780 $97,305 7.2% $360,700
Euless 60,421 $82,167 7.8% $318,800
Burleson 52,918 $93,928 7.1% $308,200
Bedford 49,085 $83,971 7.3% $350,700
Keller 45,976 $174,950 3.4% $594,300
Haltom City 45,767 $59,057 15.1% $218,800

Cities Similar to Southlake

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
University Park25,155$250,000+$1,861,80090.8%4.7%
Colleyville26,012$218,328$784,90069.1%2.5%
Fulshear34,868$187,035$572,70074.8%1.6%
Celina34,268$170,894$509,60064.3%4.7%
Prosper37,869$195,281$823,70066.5%5.5%

Population Overview

Southlake is a mid-sized community located in Texas, within Tarrant County. The total population is 31,137. It ranks as the 119th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Southlake is 43.1 years. This is 21% higher than the state median of 35.6 years. With 31.3% of the population under 18, Southlake has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Southlake is $250,000+. This is 219% higher than the state median of $78,476. It is also 210% higher than the national median of $80,734. The poverty rate stands at 1.6%. This is 89% 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 2.7%. This is 48% lower than the state rate of 5.3%. The median home value is $1,014,500. Housing costs are 257% higher than the state median of $283,800. The home-value-to-income ratio is 4.1x. 94.6% of occupied housing units are owner-occupied. This homeownership rate is 51% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Southlake is White (non-Hispanic), making up 68.9% of the population. Asian residents account for 15.5%. The White (non-Hispanic) population is significantly higher than the state average (68.9% vs 39.1%). The Black or African American population (1.7%) is well below the state average of 11.9%. The Hispanic or Latino population (8.9%) is well below the state average of 39.7%. The Asian population is significantly higher than the state average (15.5% vs 5.5%).

Education

74.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Southlake in the top 10% of all cities in the state for educational attainment. This is 121% higher than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.4%. Notably, 34.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Southlake, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Southlake, Texas?

Southlake, Texas has a population of 31,137 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Southlake, TX?

The median household income in Southlake is $250,000+, which is 210% higher than the national median of $80,734.

What is the poverty rate in Southlake, TX?

The poverty rate in Southlake is 1.6%. This means approximately 480 residents live below the federal poverty line.

What is the racial makeup of Southlake, Texas?

Southlake's population is 68.9% White, 1.7% Black, 8.9% Hispanic/Latino, and 15.5% Asian.

What is the median home value in Southlake, TX?

The median home value in Southlake is $1,014,500. The home-value-to-income ratio is 4.1x.

How educated is Southlake, Texas?

74.6% of adults (25+) in Southlake hold a bachelor's degree or higher, and 34.9% hold a graduate or professional degree.