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Little Elm, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
54,820
Population
$119,219
Median Income
$420,700
Home Value
35.4
Median Age

Demographics

Little Elm has a population of 54,820 with a median age of 35.4. Here is the racial and ethnic breakdown of the population:

White
44.5%
Black
21.6%
Hispanic
19.8%
Asian
11.0%
Other
3.1%
Demographic Value
Total Population54,820
Median Age35.4
White44.5%
Black or African American21.6%
Asian11.0%
Hispanic or Latino19.8%
Other / Two or More Races3.1%
Little Elm, Texas — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 44.5%Black: 21.6%Hispanic/Latino: 19.8%Asian: 11.0%Other: 3.1%54,820PopulationWhiteWhite44.5%BlackBlack21.6%Hispanic/LatinoHispanic/Latino19.8%AsianAsian11.0%OtherOther3.1%

Income & Economy

The median household income in Little Elm is $119,219, which is 47.9% above the national median of $80,610. The per capita income is $48,310. The poverty rate is 9.0%.

$119,219
Median Household Income
$48,310
Per Capita Income
9.0%
Poverty Rate

Employment

The unemployment rate in Little Elm is 3.9%, compared to the national rate of 4.1%.

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Education

In Little Elm, 93.7% of residents age 25+ have a high school diploma or higher, and 44.2% hold a bachelor's degree or higher (16.3% with a graduate or professional degree).

HS Diploma+
93.7%
Bachelor's+
44.2%
Graduate+
16.3%
Education Level % of Adults (25+)
High School Diploma or Higher93.7%
Bachelor's Degree or Higher44.2%
Graduate or Professional Degree16.3%

Housing

The median home value in Little Elm is $420,700, above the national median of $303,400. The median monthly rent is $1,953. The homeownership rate is 70.1%.

$420,700
Median Home Value
$1,953/mo
Median Rent
70.1%
Homeownership Rate
Housing Metric Value
Median Home Value$420,700
Median Monthly Rent$1,953
Homeownership Rate70.1%
Vacancy Rate4.5%

Salaries in Texas

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Frequently Asked Questions

What is the population of Little Elm, Texas?
The population of Little Elm, Texas is 54,820 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Little Elm, Texas?
The median household income in Little Elm, Texas is $119,219. This is 47.9% above the national median of $80,610.
What is the median home value in Little Elm, Texas?
The median home value in Little Elm, Texas is $420,700. The median monthly rent is $1,953.
What percentage of people in Little Elm have a college degree?
In Little Elm, Texas, 44.2% of adults age 25 and older hold a bachelor's degree or higher, and 93.7% have a high school diploma or higher.
Is Little Elm, Texas an affordable place to live?
The home price-to-income ratio in Little Elm, Texas is 3.5x (median home value $420,700 vs. median income $119,219), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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