Located in the state of Texas, Little Elm is a mid-sized city with a population of 35,553 people. At 68%, the majority of the Little Elm population is White; this is followed by 15% Black and 4% Asian. Little Elm tends to attract a younger crowd, as the median age of 33 is far below the national average. Little Elm is known to be family friendly as more than 78% of the population has already tied the knot. It might also be worth noting that 39% of residents also have children under the age of 18.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Little Elm, Texas could be a fulfilling experience for anyone who puts in the time to do the research required. With useful information like amenities, crime, cost of living, education, employment and other key data points, finding the best places to live in Little Elm and in the areas around Little Elm is a much easier task.
Little Elm, TX receives 88 out of 100 for its livability score; this results in a ranking of #58 in Texas and #101 in the USA. Based on this score, Little Elm would be considered a very livable city! Another exciting tidbit, is that Little Elm ranks better than 90% of all US cities! Based on the rankings for each individual category, Little Elm has received high marks for amenities (B+), crime (A+), weather (B-), education (A+) and housing (A).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Little Elm, there is no shortage of amazing local amenities and interesting things to do.
Crime rates can be the deciding factor for anyone looking to relocate to a new area. Little Elm gets top scores for their low violent crime rates of 78 crimes per 100,000 residents, which are significantly lower than the national average.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Little Elm have a test score average of 77%, which is well above the US average.
Finding affordable real estate and apartments for rent in Little Elm can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Little Elm is real estate affordability. The median home price for Little Elm homes is $177,100, which is 24.1% higher than the Texas average. If we take a closer look at the affordability of homes in Little Elm, we’ll see that the home price to income ratio is 2, which is 23.1% lower than the Texas average. Year over year appreciation rates for homes in the Little Elm area were 4.7% and the 5 year appreciation rates came in at 8.1%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.