Is Little Elm, Texas a Good Place To Live? - Living In Little Elm, TX

Is Little Elm, Texas a good place to live?
Little Elm is a city in Texas state in USA with a population of 49792 residents.. The poverty rate of Little Elm is 8.2%, which is 41% lower than national average. The typical household in Little Elm earns $94446 a year, compared to the national median of $67,500. Nearly 21.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Little Elm, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Little Elm remained 6.3%, which is 34% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Little Elm, only 39% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Little Elm is 107, which is 7% higher than national average. Median home value in Little Elm is $270600 , which is 18% higher than national average. While median income in Little Elm remained $94446, which is 40% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
49792
Unemployment
6.3%
34% NAT AVG.
Poverty
8.2%
41% NAT AVG.
Overall Score
8.5
Median Home Cost
$270600
18% NAT AVG.
Median Income
$94446
40% NAT AVG.
Median Rent
$1660
43% NAT AVG.
Cost Of Living
107
7% NAT AVG.
People Living BPL
1 in 12
Unemployed People
1 in 16
People Earning < $10,000
1 in 71
People Earning < $50,000
21.2%
People with <= High School
1 in 3.4
People With Any Degree
1 in 2.1
Pros & Cons Overview

Jobs80%

Housing90%

Affordability70%

Safety85%

Amenities85%

Diversity100%

Education80%

Commute30%