Little Elm, TX Economy


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Little Elm, TX offers a range of attractions for its residents. It is located in the Dallas-Fort Worth metroplex, making it ideal for commuting to work and enjoying local entertainment. The cost of two bedrooms for rent in Little Elm is $2,200 compared to $1,430 nationally. Additionally, grocery costs are higher than the national average index of 100, reaching 101 in Little Elm. Popular companies located in the city include Frito-Lay North America and PepsiCo Research & Development Center. Local attractions such as Arbor Hills Nature Preserve offer 67 acres of nature trails and outdoor activities for locals to explore. Lake Lewisville is nearby with opportunities for fishing, sailing, camping and more. For those looking to enjoy some retail therapy, Vista Ridge Mall provides a wide variety of stores perfect for shopping or simply window-shopping.

Little Elm has an unemployment rate of 6.2%. The US average is 6.0%.

Little Elm has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 65.6%, which is higher than the US average of 33.5%.

Tax Rates for Little Elm
- The Sales Tax Rate for Little Elm is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Little Elm is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Little Elm
- The average income of a Little Elm resident is $28,052 a year. The US average is $28,555 a year.
- The Median household income of a Little Elm resident is $101,693 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLittle Elm, TexasUnited States
  6.26
  -3.5%-6.2%
  65.6%33.5%
  8.3%6.2%
  0.0%4.6%
  $39,359$37,638
  $101,693$69,021
  $106,891$85,028
  Population by Occupation
  0.3%1.2%
  0.7%0.5%
  5.4%6.8%
  8.4%10.0%
  2.8%2.5%
  12.1%11.0%
  3.9%4.8%
  0.5%0.8%
  2.8%1.9%
  12.1%4.7%
  2.0%1.9%
  8.5%7.6%
  0.2%0.1%
  2.8%4.2%
  10.2%9.3%
  8.5%14.0%
  3.7%2.1%
  9.0%7.0%
  4.2%4.8%
  1.7%4.7%
Reviews for Little Elm
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Being a resident of Little Elm and also a New Home Sales Consultant with a Texas Based Builder, I also sell homes in the city of Little Elm. I can honestly admit that  More

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Little Elm is a suburb town about an hour north of Dallas. The main atmosphere in the town is very suburban and people are friendly. Cost of living is somewhat low  More

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