Cost of Living in Southlake, TX
Population: 31,044 • 2026 Data
$250,001
Median Household Income
+223% vs national
$3,501
Median Monthly Rent
+160% vs national
$957,500
Median Home Value
+182% vs national
3.0%
Unemployment Rate
Housing in Southlake
The median home value in Southlake, TX is $957,500. Monthly rent for a typical unit averages $3,501, while total monthly housing costs (including utilities and insurance) average $3,803.
Rent-to-income ratio: 16.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Southlake, TX is $250,001. The unemployment rate stands at 3.0%, with a labor force of 13,816 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.