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
- Household income is 219% above the state average — one of the wealthiest communities in Texas.
- An exceptionally low poverty rate of 1.6% — among the lowest in Texas.
- 74.6% of adults hold a bachelor's degree or higher — top 10% in Texas.
Southlake Quick Facts
How Southlake Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 31,044 | 31,137 | +0.3% |
| Median household income | $250,000+ | $250,000+ | +0.0% |
| Median home value | $957,500 | $1,014,500 | +6.0% |
How Southlake Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
Southlake Rankings in Texas
Explore Texas Rankings
Other Cities in Tarrant County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| University Park | 25,155 | $250,000+ | $1,861,800 | 90.8% | 4.7% |
| Colleyville | 26,012 | $218,328 | $784,900 | 69.1% | 2.5% |
| Fulshear | 34,868 | $187,035 | $572,700 | 74.8% | 1.6% |
| Celina | 34,268 | $170,894 | $509,600 | 64.3% | 4.7% |
| Prosper | 37,869 | $195,281 | $823,700 | 66.5% | 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.