CONVENIENT ACCESS: Nearby Woodland's Town Center is home to an array of hotels, shops, dining establishments, and entertainment venues. 12 %. West University Place is surrounded by the cities of Bellaire, Houston, and Southside Place. It is located just north of the Texas Medical Center. In fact, Highland Park is the most affluent city in Texas and the 7th . Hunters Creek is within the prestigious Memorial Villages. Countryside With a median home price of $3,573,316 and a median rent of $1,693, Countryside is the most expensive neighborhood on our list. The daily life of a wealthy San Antonio resident can include a $4,000 annual golf . The area of Rockwall County measures 149 square miles which makes it the smallest area compared to all Texas counties. Hunters Creek Village is another one of the wealthiest cities in Texas. Newly constructed custom-built homes are available as well. Additionally, the citys per capita income ($99k) and household spending are roughly double the nations average, making this area perfect for anyone who prefers a lavish lifestyle. Important ancestries of people in Melissa include German, English, Irish, Polish, and Italian. Answer (1 of 5): I've lived in Austin most of the time since 1985, aside from college & a few years in NYC. We have reviewed over 400,000 home sales over the last 10 years to get a list of 2022's most exclusive neighborhoods. There is a significant drop between the property prices in the locations in the ninth and tenth position on this list, as it is possible to buy properties in Greenway Parks for well under a million dollars. There are also some slightly more affordable options in this area, as property prices start at around $895,000. Median Home Sale Price: $1,797,000. EXPANSIVE GREEN SPACE: 103 parks, over 200 miles of trails, and three golf courses offer exciting and varied outdoor activities. To help answer the question where can I afford to live in Houston?, we analyzed median home prices for 52 top neighborhoods and estimated salary requirements to live in each. Celine Park was the first road constructed for automobiles in Celine. 11 Highland Park - Dallas, Texas. Median land value prices are based on both homes sold at lot value and lot sales. According to One Girl Two Cities, the richest neighborhood in Dallas is Highland Park. We analyzed a significant sample of cities with similar populations like Everett, WA and Bridgeport, CT, and found homes in Mesquite cost much less. If youre looking to relocate, this guide to the 11 richest cities in Texas will help you find the best areas to turn your dreams of upscale living into reality. It features some of the most expensive real estate in Houston. Anchored by Yorktown High School and the Lee Harrison Shopping Center, it's one of Arlington's larger neighborhoods, consisting of more than 1,000 homes. Highland Park was formerly owned by some investors from Philadelphia. - 2015: Americas Best Real Estate Agents, RealTrends.com Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. Many of Houstons most expensive neighborhoods are also, historically, the best performers in real estate appreciation. 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. LUXURY HOMES: Boulevard Oaks is home to some of Houston's Most Expensive Mansions. 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. There are many sprawling estates in this area that are hidden from view by trees, and there are also large ranch-style residences. It is located only a few minutes from the city center and is best known for its charming collection of tree-lined streets, cottage-style architecture, and easy access to downtown. It is between the Houston -sugar -land -Baytown. For more Dallas reading, check out the best neighborhoods in Dallas and the worst neighborhoods in Dallas. While many of the jobs in Prosper are likely filled by commuters, there are some opportunities for employment within the city limits. - 2018: #1 Individual Agent, Keller Williams, Houston This affluent city is located between the north of downtown Dallas and Dallas North Tollway. The city is zoned to the highly-regarded Spring Branch ISD and is home to two National Blue Ribbon schools: Bunker Hill Elementary and Frostwood Elementary. OUTDOOR AMENITIES: Bunker Hill Village boasts several open-air recreational amenities. 2021: Americas Top 100 Real Estate Agents UPSCALE ENTERTAINMENT AND RETAIL: Tanglewood residents are only minutes away from exceptional restaurants and dining areas, boutiques, and bars. Bordering San Jose, this posh neighborhood easily attracts celebrities and even baseball legends, such as Barry Bonds, forbes.com says. It has the second largest number of museums in a contiguous area in the US. Highland Park is one of the richest cities in Texas with a per capita income of $149,069 and a median household income of $211,136 as of 2019. Mission is an agricultural center west. The West U Place operates a telephone exchange center located at 4068 Bellaire Boulevard, and that serves as its main source of income as well. The area contains several ofHoustons Most Expensive Neighborhoods. Traditional, French, and Georgian are some of the styles of most Memorial Villages homes. The neighborhood benefits from security patrols 24 hours a day and seven days a week. Dubbed the "richest Negro street in the world," by John Wesley Hobbs, Sweet Auburn was a haven for Black Atlanta residents before the Civil Rights . All of the wealthiest neighborhoods in America on Bloomberg's Richest Places Index have average household incomes over $300,000. Its relatively low poverty rate also tends to make Southlake an expensive area, with home prices averaging around $1.1M. This city got incorporated as Southlake in 1956 and this was after the construction of Grapevine Lake. 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. All rights reserved. There are large wooded grounds and well-kept front/backyards in the neighborhood. Its central location gives residents easy access to an abundance of local employers and job opportunities, which keeps the per capita income around $75k. Forget Beverly Hills. Southside Place homes posted great real estate and land value appreciation (with West U) in the past decade. The hearth of more than 60 luxury boutiques, dining, and entertainment options is the shopping center. RETAIL AND ENTERTAINMENT: The neighborhood provides easy access to around 200 restaurants, cafs, and bars. They have been featured on TV and in dozens of publications including The Wall Street Journal, Fortune Magazine, Reuters, Fox News in the Morning, Money Magazine, Houston Business Journal, Houstonia, and Houston Chronicle. Houston's Most Expensive Neighborhoods Ranked Houston's Most Expensive Neighborhoods Ranked Ranked guide to Houston's most expensive neighborhoods Despite recent events, many of Houston's top neighborhoods have been consistently listed among the wealthiest areas in the nation. According to One Girl Two Cities, the richest neighborhood in Dallas is Highland Park. Prosper (Dallas Fort-Worth), located between two counties took sixth place. - 2017: Americas Best Real Estate Agents, RealTrends.com Its local per capita income of $84k is nearly triple the states average, which earned it the number one position in. Save my name, email, and website in this browser for the next time I comment. TOP-RATED SCHOOLS: The Woodlands is zoned to Conroe, Klein, Magnolia, Spring, and Tomball ISDs. Go here for the full report. Terrell Hills (San Antonio) Population: 5,371 Rank last year: 1 Median household income: $181,979 Unemployment. And that my friend, is more 0s than most of us will see in our bank account for a long, long time -- if we ever get that lucky. The area of Memorial Park features a wide range of home options, such as upscale townhomes, mansions, and patio and ranch-style homes. MEMORIAL PARK GOLF COURSE: The John Bredemus-designed course has a 73-course and 122-slope rating. Big Sky, Montana; Jackson Hole, Wyoming; Aspen, Colorado; Park City, Utah; and Lake Tahoe, California are seeing increased sales amid the Covid-19 pandemic, as wealthy residents flee cities in . Laveen. Let's have a look at the list below. A deed-restricted neighborhood, Highland Village permits residents to feast a steady glance and feel in the village. INDEPENDENT CITY: The City of Southside Place operates a council-manager form of government. The development of Prosper City accelerated when the county courts commanded that parts of the land should be sold. It stands as the fourth richest city in the US when compared to its rate of poverty as 2.5% with $189,432 as of its household income. s list of wealthiest Texas cities back in 2021. Southlake has a higher median household income than any other city on the list. Southlake ranks second on our list of richest cities in Texas. The first residents of the city used it for agricultural purposes. 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. Melissa is one of the richest cities in Texas with a median income that is 1.5 times higher than the Texas average. This incorporated city is almost surrounded by San Antonio. Southampton real estate has shown impressive appreciation rates through the years. Hermann Park, located just a short drive away, offers more options. Hunters Creek Elementary and Memorial High are National Blue Ribbon Schools. All Rights Reserved. Cordillera Ranch Median Home Value: $989.9K Home Price Per Sq Ft: $300 Population: 1,200 Average Household Income: $190,000 Cordillera Ranch is a luxury master-planned community spread across 8,700 acres of unrivaled Texas Hill Country splendor. Bellaire, a city of $206,734 median household income ranked fourth. 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. SPACIOUS LOTS: Briargrove homes sit on mid-to-large-sized lots by Houston standards. Top employers include retail chain Bass Pro Shops and Prosper Independent School District, which serves more than 10,000 students at 11 schools across town. is located in southwest Harris County. So without further ado, here are your top 10 richest cities in Texas! Many of them were built in the 1920s, but there are plenty of newer homes to choose from as well. Texas is a state that offers something for everyone. We've included the summary real estate statistics for Houston's Most Expensive Neighborhoods. Texas has a different landscape that is identical to both the US southern and Southwestern regions as a result of its size and geological characters as seen in the Balcones fault. 2021: Best Real Estate Teams in America, RealTrends.com According to D Magazine, the median household income is $511,549, which is the second-highest of all the Dallas Fort Worth neighborhoods. Along with the Highland Village, boutiques and restaurants in Westheimer and San Felipe are minutes away. PREMIER NEIGHBORHOOD: Southampton has luxury homes and vintage bungalows. Fair Oaks Ranch is one of many American cities that features extremely expensive real estate. PARKS & RECREATION Located in the heart of Buffalo Bayou, the River Oaks Shopping Area allows residents to enjoy the various hiking, walking, and bike trails in the vicinity. An area that attracts wealth and stability, Flower Mound boasts an aesthetic community layout, high per capita income ($60k), and high average home values ($615k). They provide 24-hour security. River Oaks features a mix of grand mansions, traditional homes from the 1920s and 1930s, luxury condos, and townhomes in gated communities. When you click through real estate links on our site, we earn an affiliate commission. - 2016: Top 25 Residential Realtors in Houston, HBJ West Loop South runs through the neighborhood and connects it to Uptown Houston. Founded in 1915, University Park is home to. Tenth Street Historic DistrictDallas, Texas . Its active civic club enforces deed restrictions and architectural guidelines. TOP RANKED SCHOOLS: River Oaks homes are zoned to the Houston Independent School District (HISD). However, those who live here know that the size of Texas gives rise to quite a few wealthy citiesand the following are 10 of the richest cities in Texas according to median household income and per capita income measures. Population 36,649. The homes in Terrell Hills are not only beautiful, but theyre also historic. Many companies are also nestled around the neighborhood, making Piney Point a good location for career growth. And, with a local per capita income of roughly $128k, this area is ideal for individuals interested in a wealthy lifestyle. EXCELLENT LOCATION: River Oaks is one of the Hottest Neighborhoods in the Inner Loop. The city's spacious luxury properties range from 15,000 sqft. (Read Income Needed To Buy A House in Houstons Best Neighborhoods.). Preston Hollow is a neighborhood in North Dallas close to University Park. Hunters Creek is one of the most affluent and expensive neighborhoods in the state of Texas. EXCLUSIVITY: Forbes featured Southside Place in its list of the Most Expensive Suburbs Surrounding Major U.S. Cities. The median sales price is upwards of $1,000,000. UPSCALE NEIGHBORHOOD: River Oaks is Houston's Most Expensive Neighborhood. River Oaks Shopping Area stands nearby major thoroughfares, including Katy Freeway (I-10), Loop 610, and Southwest Freeway (US 59). magazine recently ranked Flower Mound as the nations fourth Best Place to Live for 2021-2022. Russwood Acres is a highly desirable neighborhood in Dallas, where the median listing price is $1.28 million. The median house price in Greenway Parks is around $700,000. Though the local poverty rate in this town is slightly higher than other areas on this list, the areas per capita income ($106k) and average home price (2.0M) are still some of the highest in the entire state. The prestigious East Shore is also known as The Woodlands Garden District. Metro Area: Houston-The Woodlands-Sugar Land Metro Area. 2021: Best Houston Real Estate Team, Best of Readers Choice We looked at one simple criterion: Which neighborhoods have the highest median income? Let's take a look at the top wealthiest neighborhoods of San Antonio: 1. 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