Living in Westlake, Texas
Cost of living, income, home prices, rent and demographics of Westlake · Census data 2020–2024
Westlake has 1,670 residents with a median age of 46.4. The median household income is $250,001 (219% higher than the Texas median), the median home value is $2,000,001, the median rent is $3,501/month.
Westlake at a glance
- Population
- 1,670
- Median age
- 46.4State: 35.6
- Median household income
- $250,001State: $78,476
- Median home value
- $2,000,001State: $283,800
- Median rent
- $3,501/moState: $1,403
- Homeowners
- 96.5%
- Bachelor's degree or higher
- 79.6%
- Average commute
- 26 min
Is Westlake a good place to live?
Pros: Median household income 219% higher than the Texas median; an average commute of 26 minutes; unemployment of 1.9%; a poverty rate of 6.6%.
Cons: Home values 605% higher than the state median.
The weather is best in March–April and October–November.
Cost of living in Westlake
Housing is the biggest part of the cost of living. In Westlake the median home value is $2,000,001, 501% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 20% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Westlake median household income
The median household income in Westlake is $250,001 and the income per person is $193,275. 6.6% of residents live below the poverty line (Texas: 13.8%).
Housing in Westlake: homes for sale and rent
- Housing units
- 567
- Owner-occupied
- 96.5%
- Renter-occupied
- 3.5%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 2010
- Average household size
- 2.95
Westlake demographics
- Population
- 1,670
- Median age
- 46.4
- Under 18
- 29.8%
- 65 and older
- 13.4%
- Households
- 567
- Foreign-born
- 15.7%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Westlake ›
Education in Westlake
79.6% of adults 25 and older in Westlake have a bachelor's degree or higher (Texas: 33.8%), and 38.2% have a graduate or professional degree.
Jobs and commute in Westlake
- Unemployment rate
- 1.9%State: 5.3%
- Average commute
- 26 minState: 27 min
- Work from home
- 41.2%
- Drive alone
- 55.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 98.9%
Westlake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Westlake | 1,670 | $250,001 | $2,000,001 | $3,501 |
| Trophy Club | 13,733 | $201,054 | $675,100 | $1,992 |
| Roanoke | 10,286 | $97,295 | $466,900 | $1,783 |
| Keller | 45,976 | $174,950 | $594,300 | $2,144 |
| Southlake | 31,137 | $250,001 | $1,014,500 | $3,501 |
| Flower Mound | 78,389 | $161,235 | $560,200 | $2,231 |
| Northlake | 8,283 | $123,469 | $565,600 | $1,746 |
| Colleyville | 26,012 | $218,328 | $784,900 | $3,263 |
| Bartonville | 2,112 | $149,071 | $932,700 | — |
More for people moving to Westlake
Westlake ZIP code ›Weather and climate ›Living in Westlake: FAQ
What is the median household income in Westlake, TX?
The median household income in Westlake is $250,001, 219% 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 Westlake?
The median home value in Westlake is $2,000,001, compared with $283,800 in Texas.
How much is rent in Westlake?
The median gross rent in Westlake is $3,501 per month, about 20% of household income.
Is Westlake, TX a good place to live?
Pluses: median household income 219% higher than the Texas median; an average commute of 26 minutes; unemployment of 1.9%; a poverty rate of 6.6%. Minuses: home values 605% higher than the state median.
What is the median age in Westlake?
The median age in Westlake is 46.4 years (Texas: 35.6).
How long is the commute in Westlake?
The average commute to work in Westlake is 26 minutes; 41.2% of workers work from home.
What is the unemployment rate in Westlake?
The unemployment rate in Westlake is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Westlake?
79.6% of adults in Westlake 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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