Fast Facts

The perfect place for business, you’ll find that Southlake has everything your business needs to succeed. Whether it is the premier location and quality real estate, access to top talent and workforce, an unrivaled quality of life and supportive, engaged community or being surrounded by world class businesses.

Population & Demographics

  • 31,119totalPopulation

  • 42.6medianAge

  • $232,553averageHousehold Income

  • $71,480perCapital Income

Housing

  • $962,2852020 AverageHome Sales Price

  • $735,9822020 AverageHome Value

  • 93%homeOwnership

  • >50%HomesConstructed after 2000

Workforce

  • 1,423,553LaborForce within 20 miles

  • 28,209TotalEmployees

  • 5.0% UnemploymentRate

  • $47,189MedianWorker Earnings

Southlake Business Community

  • > 2,600 Businesses in Southlake

  • 88:100Employee to Residential Ratio per 100 Residents

  • 92%business owners agreeSouthlake is a good or excellent place for business

Top Employers

  • Sabre Holdings
  • TD Ameritrade
  • Carroll ISD
  • Keller Williams
  • Gateway Church
  • Verizon Wireless
  • City of Southlake
  • Central Market
  • Hilton Southlake
  • Methodist Southlake Hospital

Real Estate

  • 80.3%OfficeOccupancy Rate

  • 4,248,829TotalOffice SF

  • 93.6%RetailOccupancy Rate

  • 4,562,426Total Retail SF

Cost of Doing Business

  • $2.279TotalProperty Tax Rate

  • $0.405CityProperty Tax Rate

  • $0.234Tarrant CountyTax Rate

  • $0.224429Tarrant CountyHospital Tax Rate

  • $0.13017Tarrant CountyCollege Tax Rate

  • $1.2864Carroll ISDTax Rate

  • 8.25%TotalSales Tax Rate

  • 6.25%toState of Texas

  • 2.0%toCity of Southlake