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Southlake has the 1041st largest population in the United States. The population grew by 12.7% from 2010 to 2015, which was faster than the national average. Southlake is part of the Dallas metro area. Unemployment in the Dallas area is 3%, which is lower than the national average, and is getting better. Dallas has the 4th largest local economy in the US, and a high cost of living. The average pay for jobs in Southlake is below average at $50,480, and the median cost of a home in Southlake is $530,300, which is above the national average. 68% of workers in Southlake hold a bachelors degree or higher (above average), and 98% of workers have a high school degree (above average). Driving to work is especially common in Southlake. 82% of Southlake workers drive to work alone, 0% take public transit, 10% carpool, and 6% walk. People in Southlake spend an average of 28 minutes commuting to work, which is longer than the national average of 26 minutes.

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