Southlake is a city located predominately in Tarrant County with expansive areas extending into Denton County in the U.S. state of Texas that is part of the Dallas – Fort Worth metroplex. Southlake is known for public schools, Southlake Town Square, its wealth, Gateway Church and Carroll High School’s 8-time state champion football team. In December 2008, Forbes.com named Southlake the most affluent neighborhood in the United States based on average median household income estimates. The mean household income for the city of Southlake is $216,393. In 2009, Southlake’s zip code, 76092, was ranked as the richest zip code in the United States with a population between 10,000–25,000 people. The average home in Southlake costs around $784,522 and has 4 bedrooms, 4 bathrooms and around 4,000 square feet.
Sabre Holdings, an S&P 500 company, is headquartered in Southlake in the Solana business park. Industrial businesses include gasoline storage and distribution and concrete works on the east side of town off Highway 114 near DFW Airport. Southlake is well known for its Southlake Town Square project, a shopping center located on State Highway 114 and Southlake Boulevard. A plan was approved in March 2005 that allowed the Town Square’s area to be doubled. The new additions to Town Square were completed in the summer of 2006, making it one of the most popular shopping centers in the Metroplex.
According to a 2011 estimate, the median income for a household in the city was in excess of $194,000, higher than any other city in the DFW Metroplex, and the median income for a family was $176,259. The mean household income for the city of Southlake is $216,393. Males had a median income of $100,000 versus $46,042 for females. The per capita income for the city was $47,597. As of 2010, 43% of homes had an income of more than $200,000. About 1.3% of families and 1.8% of the population were below the poverty line, including 2.0% of those under age 18 and 2.1% of those age 65 or over.
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