Living in Little Elm, Texas
Cost of living, income, home prices, rent and demographics of Little Elm · Census data 2020–2024
Little Elm has 54,820 residents with a median age of 35.4. The median household income is $119,219 (52% higher than the Texas median), the median home value is $420,700, the median rent is $1,953/month.
Little Elm at a glance
- Population
- 54,820
- Median age
- 35.4State: 35.6
- Median household income
- $119,219State: $78,476
- Median home value
- $420,700State: $283,800
- Median rent
- $1,953/moState: $1,403
- Homeowners
- 70.1%
- Bachelor's degree or higher
- 44.2%
- Average commute
- 35 min
Is Little Elm a good place to live?
Pros: Median household income 52% higher than the Texas median; a poverty rate of 9%.
Cons: Home values 48% higher than the state median; an average commute of 35 minutes; unemployment of 6.6%.
The weather is best in March to May and October.
Cost of living in Little Elm
Housing is the biggest part of the cost of living. In Little Elm the median home value is $420,700, 26% higher than the U.S. median. Renters pay a median of $1,953 per month, which is 27.8% of household income. Homeowners with a mortgage pay $2,653 a month in housing costs.
Little Elm median household income
The median household income in Little Elm is $119,219 and the income per person is $48,310. 9% of residents live below the poverty line (Texas: 13.8%).
Housing in Little Elm: homes for sale and rent
- Housing units
- 19,778
- Owner-occupied
- 70.1%
- Renter-occupied
- 29.9%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 2011
- Average household size
- 2.90
Little Elm demographics
- Population
- 54,820
- Median age
- 35.4
- Under 18
- 28%
- 65 and older
- 7.5%
- Households
- 18,883
- Foreign-born
- 19.5%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Little Elm ›
Education in Little Elm
44.2% of adults 25 and older in Little Elm have a bachelor's degree or higher (Texas: 33.8%), and 16.3% have a graduate or professional degree.
Jobs and commute in Little Elm
- Unemployment rate
- 6.6%State: 5.3%
- Average commute
- 35 minState: 27 min
- Work from home
- 27.2%
- Drive alone
- 63.6%
- Public transit
- 0.1%
- Walk to work
- 0.3%
- Homes with broadband
- 98.3%
Little Elm vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Little Elm | 54,820 | $119,219 | $420,700 | $1,953 |
| Paloma Creek South | 8,860 | $121,747 | $364,900 | $2,664 |
| Savannah | 6,469 | $142,868 | $400,000 | $2,000 |
| Paloma Creek | 3,016 | $91,534 | $346,800 | $2,576 |
| Hackberry | 2,979 | $109,769 | $416,600 | $2,208 |
| Providence Village | 8,721 | $110,430 | $351,000 | $2,413 |
| Oak Point | 5,887 | $126,290 | $395,900 | $2,227 |
| Cross Roads | 2,035 | $124,145 | $632,300 | $1,750 |
| Lakewood Village | 627 | $152,000 | $522,200 | — |
More for people moving to Little Elm
Little Elm ZIP code ›Weather and climate ›Living in Little Elm: FAQ
What is the median household income in Little Elm, TX?
The median household income in Little Elm is $119,219, 52% higher than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Little Elm?
The median home value in Little Elm is $420,700, compared with $283,800 in Texas.
How much is rent in Little Elm?
The median gross rent in Little Elm is $1,953 per month, about 27.8% of household income.
Is Little Elm, TX a good place to live?
Pluses: median household income 52% higher than the Texas median; a poverty rate of 9%. Minuses: home values 48% higher than the state median; an average commute of 35 minutes; unemployment of 6.6%.
What is the median age in Little Elm?
The median age in Little Elm is 35.4 years (Texas: 35.6).
How long is the commute in Little Elm?
The average commute to work in Little Elm is 35 minutes; 27.2% of workers work from home.
What is the unemployment rate in Little Elm?
The unemployment rate in Little Elm is 6.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Little Elm?
44.2% of adults in Little Elm have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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