Cost of Living in Little Elm, TX
Population: 51,426 • 2026 Data
$116,036
Median Household Income
+50% vs national
$1,900
Median Monthly Rent
+41% vs national
$390,300
Median Home Value
+15% vs national
6.3%
Unemployment Rate
Housing in Little Elm
The median home value in Little Elm, TX is $390,300. Monthly rent for a typical unit averages $1,900, while total monthly housing costs (including utilities and insurance) average $2,159.
Rent-to-income ratio: 19.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Little Elm, TX is $116,036. The unemployment rate stands at 6.3%, with a labor force of 28,402 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.