Southlake, TX Profile: Facts & Data

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Southlake, Texas - Basic Facts

The City of Southlake had a population of 31,912 as of July 1, 2019.

The primary coordinate point for Southlake is located at latitude 32.9412 and longitude -97.1342 in Tarrant County. The formal boundaries for the City of Southlake encompass a land area of 21.88 sq. miles and a water area of 0.63 sq. miles. Tarrant County is in the Central time zone (GMT -6). The elevation is 640 feet.

While the primary coordinates for City of Southlake are located in Tarrant County, it should be noted that the formal boundaries for this community also extend into and Denton County.

The City of Southlake (GNIS ID: 2411945) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Southlake is located within Northeast Tarrant Division of Tarrant County.


Jump to... (On This Page!)
  1. Southlake 2019 Demographic Data
  2. Growth Rates for Southlake (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Southlake, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Southlake, TX Housing Affordability Index is 149
State of Texas Housing Affordability Index is 132
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Southlake, TX Wealth Index is 351
State of Texas Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Texas address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 31,912
Population in Households 31,912
Population in Familes 30,543
Population in Group Qrtrs 0
Population Density 1,462
Diversity Index1 40
 

INCOME

Median Household Income $200,001
Average Household Income $227,633
Per Capita Income $69,691
Wealth Index3 351

HOUSING

Total Housing Units 9,871 (100%)
Owner Occupied HU 9,071 (91.9%)
Renter Occupied HU 667 ( 6.8%)
Vacant Housing Units 133 ( 1.3%)
Median Home Value $616,053
Housing Affordability Index2 149
 

HOUSEHOLDS

Total Households 9,738
Average Household Size 3.28
Family Households 8,789
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 2.0% 1.61%
Households 1.89% 1.51%
Families 1.78% 1.48%
Median Household Income   0.0%
Per Capita Income   0.91%

Southlake, TX - Peer Comparisons by Rank and Percentile

The table below compares Southlake to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 107 94th
Population Density # 466 73rd
Diversity Index # 1148 34th
Median Household Income # 7 100th
Per Capita Income # 27 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

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