Map of 25 Wealthiest Zipcodes in Texas Based on Average Adjusted Gross Income. Some homes feature brick cottages and Georgian homes. In this video, we explore LA's richest neighborhoods. Compared to Texas, Richardson home prices are more expensive than the state's average of $266,490. Data is deemed accurate but is not guaranteed. The River Oaks Country Club is approximately one mile away from the neighborhood. SUPERIOR LOCATION: A city within a city, Bellaire is mostly bordered by Houston. The three major cities are situated along the Midtown San Antonio, Uptown San Antonio, Fort Sam Houston, and then Downtown San Antonio. Prosper (Dallas Fort-Worth), located between two counties took sixth place. Prosper, a boutique city in Collin and Denton counties, is one of the most affluent communities in Texas. The area contains several ofHoustons Most Expensive Neighborhoods. The towns namesake, Southern Methodist University, attracts students and young professionals alike, keeping the resident base young and well-educated. The large pay packet is necessary for anyone who aspires to live in this area, as the average price of a house is $1.4 million, although prices start as low as $525,000. Residents also have direct access to Lake Woodlands. Southlake ranks second on our list of richest cities in Texas. According to D Magazine, the median household income is $511,549, which is the second-highest of all the Dallas Fort Worth neighborhoods. One of the Most Expensive Neighborhoods in Houston, the Hedwig Village is the only independent city among the Memorial Villages that has a commercial sector. TOP-RATED SCHOOLS: Zoned to Houston ISD, the neighborhood students may attend Briargrove Elementary, an International Baccalaureate (IB) World School that serves the community. Holding its own as the 7th wealthiest location in Texas by per capita income, Hill Country Village is nestled quietly and serenely just inside Loop 1604. Here are the 10 richest places in Texas for 2023: Southlake Bellaire Alamo Heights Lucas Lakeway Coppell Heath Highland Village Bee Cave Keller To narrow down the richest cities in Texas, we looked at several factors: poverty rate, median household income, unemployment rate; and obviously, where the richest of the rich live. HIGHLY-RATED SCHOOLS: Hedwig Village is zoned to Spring Branch Independent School District, where the neighborhood students can attend two of the National Blue Ribbon Schools, that is the Spring Branch Middle School and Memorial High School. With the median household income of the residents of these cities, you will need to have a bank account like Larry Ellison to live there. I have to disagree with the earlier poster on this one: nowadays Tarrytown residents are mostly affluent techie types living in jumbo-sized McMansions, after having torn down the older, muc. Its population was 4,878 from the 2010 population census. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. Neighborhood #1: Hunter's Creek Village On the top of our list is Hunter's Creek Village. Although the distinctions between University Park, Park Cities, and Highland Park are subtle, there's no question that Highland Park is the most prestigious of the three. EXCELLENT LOCATION: As one of the Inner Loop neighborhoods, the area boasts a prime location. To compile our list of the wealthiest cities in Texas, we looked at data from 2021 and 2022 on local per capita income and poverty rates. Most of those who do own their homes have paid them off: 66% of homes are owned without a mortgage compared to 46% nationwide. West Loop South runs through the neighborhood and connects it to Uptown Houston. here are the 25 wealthiest neighborhoods in Austin, along with their median household income based on recent data from the United States Census Bureau: West Lake Hills - $215,870 Barton Creek - $162,500 Tarrytown - $152,000 Rollingwood - $151,875 Lost Creek - $148,984 Old Enfield - $141,563 Clarksville - $139,643 Pemberton Heights - $138,438 Bellaire is known for its coolness, hence the name Bellaire which means Good Air. EXPANSIVE GREEN SPACE: 103 parks, over 200 miles of trails, and three golf courses offer exciting and varied outdoor activities. 2. According to the most recent census data, University Park looks to be the richest Dallas neighborhood to live in. This is a town or city that is within a Bexar County, Texas State in the United States of America. West University also goes by The Neighborhood City as it exudes a small-town look that makes West University homes for sale highly desired. [1] [2] See also [ edit] These are Lamar High, Lanier Middle, and Poe Elementary. GREAT LOCATION: Briargrove has the Galleria/Uptown area to the east. Alamo Heights is one of the wealthiest areas in Texas and is a part of the greater San Antonio Metropolitan area. UPSCALE AMENITIES: The East Shore Clubhouse has a resort-style pool, an outdoor kitchen with a nearby gazebo, a terrace garden, and multi-purpose rooms. The average home in this community costs $1.66 million. - 2016: Top 25 Residential Realtors in Houston, HBJ The residents of Trophy Club are typically well-educated professionals, with 97.1% holding a bachelors degree or higher. The Royden/Afton Oaks neighborhoods are known for their: SHORT COMMUTE TO KEY NEIGHBORHOODS: Afton Oaks is only a 6-minute drive away from Uptown District, home to over 2,000 businesses. Our team, composed of distinguished and competent Houston luxury realtors, has a well-defined structure based on the individual strengths of each member. With all of this and more, its no wonder. This affluent city is located between the north of downtown Dallas and Dallas North Tollway. East of the Tollway and north of 121 is home to the Chapel Creek neighborhood in Frisco. - 2016: Texas Most Influential Realtors Large city complex - Southeast Texas, 50 miles inland from the Gulf Coast. Highland Park is one of the most affluent areas in north Dallas. Some homes in the area are served by top-ranked schools in the US. - 2017: #1 Individual Agent, Keller Williams, Texas While average home values in this area tend to be slightly lower ($529k), a high per capita income keeps this beautiful, forested area one of the richest in all of Texas. Curious about how much annual income is needed to buy a home within Houston's top neighborhoods? To qualify for this list, the neighborhood must have at least 15 home sales in the past year. The METRORail Red Line has three stops within the Museum District. Fair Oaks Ranch is one of many American cities that features extremely expensive real estate. Located only minutes from downtown Houston, West University Place is an affluent, highly-sought after neighborhood. Most of the neighborhoods here are also among Houston's Most Accessible Neighborhoods. Its total population was 28,304,596 as of the 2017 report of population census and 25,145,561 total population as at 2010 population census reports. Located east of Loop 610 and south of I-10. Southampton real estate has shown impressive appreciation rates through the years. West University Place - $250,001. EXEMPLARY SCHOOLS: The village is zoned to some of the best public schools in Houston. West University Place is a city within a city, subdivided into 26 sections called blocks. UPSCALE ENTERTAINMENT AND RETAIL: Tanglewood residents are only minutes away from exceptional restaurants and dining areas, boutiques, and bars. The population was 15,603 at the 2019 census. The more expensive zip code area is 77019, where the median home value of River Oaks homes is $980,008, and . That would be Northwest Dallas. - 2016: #1 Individual Agent, Keller Williams, Texas We also considered the median home price in each city between January and November 2022. According to One Girl Two Cities, the richest neighborhood in Dallas is Highland Park. Old Enfield. The largest city represented on the list was Frisco with its more than 44,000 households, and the smallest place was Lakewood Village, which sits on the shores of Lewisville Lake and has just 144. It has fire and police departments, which are shared with the nearby areas. These neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet. Some popular attractions include Armstrong Park and Glencoe Park, which have playgrounds and picnic areas. Additionally, its top-rated school systems and low crime . Paige Martin, Broker Associate with Keller Williams Realty, and the Houston Properties Team are ranked among the top residential Realtors in the world. The area is popular for its vintage ranch-style homes and sprawling estates. Fair Oaks Ranch is a city in Bexar and Comal counties in the U.S. state of Texas. If youd like to see any neighborhoods, master-planned communities or subdivisions added to this bi-annually updated watch list, please let us know. It is a hub for large corporations, such as Sabre Holdings, Neiman Marcus, and Santander Consumer USA all of which help keep the local community well-employed. Although the property price range in Forest Court is quite broad, with houses costing anything from under $500,000 to $7.5 million, the median price is $2 million in this neighborhood. Rebecca Salinas , mySA.com / San Antonio Express-News. Residents have easy access to Downtown Houston and the Texas Medical Center. Located 28 miles north of Houston, The Woodlands is one of Houstons Best Suburbs. EXCELLENT ACCESSIBILITY: The neighborhood has immediate access to and from multiple Houston hubs like the Galleria and Downtown. - 2017: Americas Best Real Estate Agents, RealTrends.com 2022: #1 Residential Real Estate Team by Sales Volume, Houston Business Journal River Oaks features premier living, notable schools, and accessibility. How do you quantify richer than you? Get the advice of our luxury realtors - we care more. The Houston Properties Team has a well-defined structure based on the individual strengths of each member. Because of its increased exportation rate, it has stood to be the second-highest gross state product. Out of the many regions, here are the 10 wealthiest neighborhoods in Texas according to the demographics recorded in the 2010 United States census. River Oaks Shopping Area stands nearby major thoroughfares, including Katy Freeway (I-10), Loop 610, and Southwest Freeway (US 59). Its active civic club enforces deed restrictions and architectural guidelines. Its a prime destination for outdoor enthusiasts, history buffs, and those who love to eat. Median house prices in Mesquite, TX are $174,725, meaning Mesquite homes are much less expensive than the US median of $376,286. There are also many townhomes and condos available for rent or purchase for those looking for more maintenance-free living. In Southlake, 6% of residents live below the poverty line, less than a third of the poverty rate nationwide. The neighborhood was developed in the early 1900s, and it was designed by the same architect as Beverley Hills. The median home value in Alamo Heights currently sits at $717,819 and the median household income of $141,048. River Oaks Shopping Area is nestled between the luxurious neighborhood of River Oaks and the vibrant community of Montrose. The average median household income has increased 12% over a five-year period to $126,966 in 2018 from $112,255 . 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal While Southlake has a relatively low unemployment rate of 3.4%, it is also one of the most expensive cities in Texas. This site uses Akismet to reduce spam. Bellaire - $206,734. For example, schools, employment opportunities, affordability, and leisure activities are all potential criteria people may use to, Read More The 10 Most Beautiful Places to Live in ColoradoContinue, If you have the American map on your table, you will see Texas state lying in the South-Central part of the nation. The name of the city was derived from was from Ralph Fair Sr., who acquired it in the 1930s. 12 %. Highland Park was formerly owned by some investors from Philadelphia. Ahwatukee Foothills. The high housing costs likely contribute to the low homeownership rate of 59%. Furthermore, certain areas command a premium. Some of these schools include Memorial High School, Memorial Drive Elementary, and Kinkaid School. Other areas of interest are the Seymour Lieberman Exercise Trail and the Houston Arboretum and Nature Center. To compile our list of the wealthiest cities in Texas, we looked at data from 2021 and 2022 on local per capita income and poverty rates. The name Rockwall is derived from the subterranean rock formation that surrounds the county. The San Antonio suburb was ranked the second-most populous city in Texas and West University Place ranked the wealthiest. There are many sprawling estates in this area that are hidden from view by trees, and there are also large ranch-style residences. These are the wealthiest neighborhoods that Dallas has to offer. 2015-2023 Chasing Chains, LLC. Check Out The Top 10 Most Expensive Neighborhoods To Live In Austin: 1. Highland Park - DFW Richest Neighborhood The Dallas metro region, which includes Fort Worth, has 7.2 million residents and is similarly expansive to Los Angeles. At an average of $741k, home prices in this area can be expensive more than double the states average. With a per capita income of nearly $100k, Southlake is one of the richest cities near Dallas. Notable residents. - 2015: Americas Best Real Estate Agents, RealTrends.com The states three largest metropolitan areas are Greater Houston (6.8 million), Greater Dallas (6.9 million), and Greater Austin (2 million). Here are the 10 wealthiest cities in Texas for 2021, as determined by HomeSnacks. CENTRAL LOCATION: West University enjoys close proximity to Rice University, Texas Medical Center, the Galleria, Downtown Houston, and the Museum District. Houstons economy is driven by the oil and gas industries, tourism, manufacturing, and health care. The area enjoys large lot sizes compared to the standards in Houston. Let's have a look at the list below. The benefits of working with a team include: To meet all the award-winning members of the Houston Properties Team, please go here. Paradise Valley is the safest place to live in Phoenix. By 1989, Nantucket had become some of the most expensive real estate in the world, while Bridgeport today is less expensive than the U.S. average. When Does a Seller Get Their Money After Closing on a House. EXPANSIVE LOTS: Bellaire's lot sizes vary widely, though the standard 75 feet by 130 feet lot parcels are more spacious than West University's 50 by 120 feet lots. The Houston Arboretum and Nature Center, along with several miles of trails and picnic areas within the Memorial Park, is only a couple of miles away. OUTDOOR RECREATION: Most areas can access many trails like Seymour Lieberman Exertrail and Picnic Loop. 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