Little Elm is a medium-sized city located in the state of Texas. With a population of 55,357 people and 13 associated neighborhoods, Little Elm is the 75th largest community in Texas. Much of the housing stock in Little Elm was built relatively recently. The construction of new real estate can often be taken as an indication that the local Little Elm economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Little Elm, where the median household income is $110,218.00. 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 where white-collar or blue-collar occupations dominate the local economy, Little Elm is neither predominantly one nor the other. Instead, it has a mixed workforce 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 (15.42%), computer science and math (9.35%), and office and administrative support (9.15%). 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: 20.60% 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 is that it can take a long time to commute to work. In Little Elm, the average commute to work is 35.74 minutes, which is quite a bit higher than the national average. The citizens of Little Elm are very well educated compared to the average community in the nation: 38.71% of adults in Little Elm have a bachelor's degree or even advanced degree. The per capita income in Little Elm in 2022 was $43,823, which is wealthy relative to Texas, and upper middle income relative to the rest of the US. This equates to an annual income of $175,292 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 20.46% of the city’s residents. Important ancestries of people in Little Elm include German, English, Irish, African, and Scottish. In addition, Little Elm has a lot of people living here who were born outside of the US (18.62%). The most common language spoken in Little Elm is English. Other important languages spoken here include Spanish and African languages.
