Southlake, TX is a highly desirable destination for those looking for an affluent lifestyle. Located in the Dallas-Fort Worth Metroplex, Southlake has everything to offer, from excellent schools to high-end shopping and dining. The cost of living in Southlake is higher than the rest of the US; 2 bedroom rent averages at $1,920 compared to the national average of $1,430. Additionally, grocery costs index in Southlake is 110 vs 100 in the US. Popular local employers in Southlake include Sabre Corp., JCPenney Corporate HQ, and Charles Schwab & Co. The population of Southlake is roughly 31,000 people according to 2010 census estimates.
Southlake has an unemployment rate of 4.8%. The US average is 6.0%.
Southlake has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.2%, which is higher than the US average of 33.5%.
Tax Rates for Southlake
- The Sales Tax Rate for Southlake is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Southlake 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 Southlake
- The average income of a Southlake resident is $74,380 a year. The US average is $28,555 a year.
- The Median household income of a Southlake resident is $239,833 a year. The US average is $69,021 a year.