Little Elm is a larger medium-sized city located in the state of Texas. With a population of 58,496 people and 13 associated neighborhoods, Little Elm is the 75th largest community in Texas. There's nothing like the smell of a brand new house, and in Little Elm, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Little Elm, and putting down their money on brand new construction. Little Elm’s real estate is, on average, some of the newest in the nation. Little Elm does seem to be experiencing an influx of affluent people, because the median household income is $116,036.00. Little Elm real estate is some of the most expensive in Texas, although Little Elm house values don't compare to the most expensive real estate in the U.S.Unlike some cities, Little Elm isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Little Elm are a mix of both white- and blue-collar jobs. Overall, Little Elm is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Little Elm who work in management occupations (15.65%), office and administrative support (10.58%), and sales jobs (8.81%). Also of interest is that Little Elm has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.70% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. One downside of living in Little Elm, however, is that residents on average have to contend with a long commute, spending on average 35.02 minutes every day commuting to work. Little Elm is one of the most well-educated cities in the nation. 40.63% of adults in Little Elm have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher. The per capita income in Little Elm in 2022 was $45,708, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $182,832 for a family of four. However, Little Elm contains both very wealthy and poor people as well. Little Elm is an extremely ethnically-diverse city. The people who call Little Elm home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Little Elm residents report their race to be White, followed by Black or African-American. Little Elm also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 21.06% of the city’s residents. Important ancestries of people in Little Elm include German, English, Irish, French, and African. Foreign born people are also an important part of Little Elm's cultural character, accounting for 18.78% of the city’s population. The most common language spoken in Little Elm is English. Other important languages spoken here include Spanish and African languages.
