Southlake 76 Excellent
Southlake Livability #107 ranked city in Texas#3,228 ranked city in the USARanks better than 88% of areas

Pros and Cons of Living in Southlake

PROS
  • Crime

    This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.

  • Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

  • Health & Safety

    Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.

  • Schools

    The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • Amenities

    The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.

  • Commute

    Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.

  • Cost Of Living

    This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.

New Real Estate Listings in Southlake Area
Search Homes for Sale in Southlake, TX

What's it like Living in Southlake?

Located in the state of Texas, Southlake is a moderately-sized city with a population of 31,684 inhabitants. According to the most recent Census, 76% of Southlake residents are White, 18% Asian and 1% Black. If you are looking for a family friendly city, Southlake might be a good fit as 75% of the population over 15 years old are married, and 56% have kids who are 18 years old or younger. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Southlake your home, your one-way commute time will typically last around 29 minutes, a duration that aligns with the national average commute time of 26 minutes.

Are you trying to figure out if living in Southlake is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Southlake and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, health & safety, education, employment and other important metrics.

Southlake, TX receives 76/100 for its livability score; this results in a ranking of #95 in Texas and #2,854 in the USA. Based on this score, Southlake would be considered a very livable city! Southlake has also earned the rare honor of ranking in the top 10 percentile among all cities. If we examine each of the categories individually, we see that Southlake ranks well for crime (A+) and housing (A+). There are some categories that Southlake scores poorly for, including: amenities (F) and cost of living (F). It might be worth taking a closer look to determine why.

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Southlake gets top scores for their low violent crime rates of 52 crimes per 100,000 residents, which are significantly lower than the national average.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Southlake, the unemployment rate stands at 1.38%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Southlake, the schools boast an impressive average test score of 87%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Southlake apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Assuming that Southlake meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Southlake. Everything else becomes a lot less important if it turns out that home prices in Southlake are simply unattainable. The median home price for Southlake homes is $697,000, which is 388.4% higher than the Texas average. If we take a closer look at the affordability of homes in Southlake, we’ll see that the home price to income ratio is 3.1, which is 19.2% higher than the Texas average.

Best Places to Live in and Around Southlake

See all the best places to live around Southlake

How Do You Rate The Livability In Southlake?

1. Select a livability score between 1-100
0
Awful
25
Poor
50
Average
75
Good
100
Great
2. Select any tags that apply to this area
View results

Compare Southlake, TX Livability

      vs

      Southlake transportation information

      Statistic Southlake Texas National
      Average one way commute29min26min26min
      Workers who drive to work68.4%80.3%76.4%
      Workers who carpool4.0%10.6%9.3%
      Workers who take public transit0.5%1.5%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk0.1%1.6%2.8%
      Working from home25.4%4.3%4.6%
      Source: The Southlake, TX data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).