These communities are also built into west Austin's hills, and feature some amazing scenery. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. Editor's Note: We updated this article for 2022. Ranking for richest places can best be done by using the median household income, poverty rate, unemployment rate, and not how rich the residents are. Tcu-West Cliff. increased sphere of influence and exposure to more potential buyers. Texas is the leading state in terms of agriculture, electronics, biomedical sciences, computers, energy, and aerospace with the emergence of its well-grown industry base. To top the list of benefits is the likelihood to live near notables like members of the 2000 Little League Championship team or Dennis Quaid. Approximately 746 residents live in Hilshire Village . Laveen. All of the wealthiest neighborhoods in America on Bloomberg's Richest Places Index have average household incomes over $300,000. is located in southwest Harris County. That would be Northwest Dallas. Moreover, homeowners can enjoy many retail stores, dining establishments, cafes, and entertainment venues around the area. The West University State of Texas is commonly known as the The West U. Highland Park is ranked the third on this list and the seventh richest in the United States. The 1,500-acre Memorial Park is just a few blocks away from the community. 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. Four miles away from Downtown Houston, while less than 5 miles away from the Galleria. Houstons economy is driven by the oil and gas industries, tourism, manufacturing, and health care. River Oaks is a large enough neighborhood with multiple zip codes. The greatest number of Melissa residents report their race to be White, followed by Asian. Loop 610, Buffalo Speedway, Braeswood Boulevard, and Main Street are only minutes away. There are many different styles available, with some properties built in the 1950s and the more recent in the last few years. Other nearby schools are Briargrove Elementary School and Tanglewood Middle. 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. ACCESSIBILITY: Bunker Hill's main roads, like Memorial Drive and Gessner Road, go through the neighborhood. In Southlake, Texas, you can find well-paying jobs, nice homes, good schools, and a relatively low cost of living. Top 10 Richest Countries in Latin America, List Of Companies In Canada Hiring Foreign Workers (2022), Top 10 Cheapest Grocery Stores In Toronto (2022), Top 10 Richest Indians In Australia (2022), Top 10 Poorest Cities In The World (2022). Trophy Club is another one of the richest cities in Texas that is known for its acres of greenspaces, parks, golfing communities, and lake access. VARIETY OF AMENITIES: Memorial City and Beltway 8 are near Piney Point village. The top 25 wealthiest Houston-area ZIP codes are ranked by median household income. With proximity to other Inner Loop and the Energy Corridor, many businesses, entertainments, and shopping areas are easily accessible from the community. The area of Rockwall County measures 149 square miles which makes it the smallest area compared to all Texas counties. Tanglewood is an affluent neighborhood located just outside Loop 610. However, the property prices range from just under $900,000 to a staggering $19.5 million. In terms of revenue, Texas has been a leading state in exportation since the year 2002. Tenth Street Historic DistrictDallas, Texas . The average home in this community costs $1.66 million. Southlake is known for its high-income households. - 2018: Texas Most Influential Realtors You can also take your children to Exall Park, which has a swimming pool, tennis courts, and jogging trails. I have compiled a list of the top 10 richest cities in Texas according to their median household income. Bellaire City, the second richest city in Texas, United States of America is well known as the City of Homes because of its feature characterized by residents mostly. GREAT ACCESSIBILITY: Bellaire homes are near main roads and freeways including Loop 610, Southwest Freeway, Bissonnet Street, and Bellaire Boulevard. Southern Methodist University in University Park, Texas. Bellaire, a city of $206,734 median household income ranked fourth. Each Houston Properties Team member is a specialist in their rolewhich is why our homes sell faster and for more money than average. Vibrant and highly accessible, the Museum District is one of Houstons premier cultural and art centers. This year's list of Houston's most expensiveareas features a lot of familiar names. 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. River Oaks features a mix of grand mansions, traditional homes from the 1920s and 1930s, luxury condos, and townhomes in gated communities. Compared to Texas, Richardson home prices are more expensive than the state's average of $266,490. It has a variety of stores and restaurants. The population was 31,292 at the 2019 census. EXCLUSIVITY: The Afton Oaks Neighborhood is home to some of Houston's most expensive properties in Houston. PROXIMITY TO RETAIL HUBS: Southside Place has Braes Heights Shopping Center. Of Dallas residents with a minimum 10-figure net worth, Jerry Jones is the wealthiest, worth an estimated $8.7 billion. - 2014: #1 Individual Agent, Keller Williams Memorial. - 2017: Top 25 Residential Realtors in Houston, Houston Business Journal However, the property prices range from just under $900,000 to a staggering $19.5 million. The richest city in Texas is Highland Park. We ranked every neighborhood in Dallas by median income from highest to lowest. Metro Area: Houston-The Woodlands-Sugar Land Metro Area. A project of The Houston Properties Team, the list of "20 Most Expensive Houston Neighborhoods" is updated twice a year. Sep. 14, 2015. 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. The district is highly in-demand thanks to its: EXCELLENT LOCATION: Centrally located within the Inner Loop, River Oaks Shopping Area has easy access to all major job centers, including Downtown, Galleria, and The Medical Center. Southside Place has its police and fire departments. It is home to severalmedical-related institutions, organizations, schools, and hospitals. 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. Many of them were built in the 1920s, but there are plenty of newer homes to choose from as well. The median household income in Southlake is $240,248 and the median home value is $1.3M. Alamo Heights ranked seventh, Fair Oaks Ranch ranked eighth, Celina ranked ninth, and Melissa took tenth place on our list of richest cities in Texas. The residents are having occupations which made it have a low rate of unemployment. 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. If youre looking for a Texas city with the finest cuisine, top-ranked public schools, and high incomes, then look no further than Fair Oaks Ranch. Melissa is one of the richest cities in Texas with a median income that is 1.5 times higher than the Texas average. However, it is important, Read More Want to Be a Landlord? It exhibits strong appreciation rates every year. The neighborhood benefits from security patrols 24 hours a day and seven days a week. 2020: Americas Best Real Estate Teams, Best of America Trends Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. it joined Arkansas to the Northeast, New Mexico to the West, United States of Louisiana to the East, Oklahoma to the North, Mexican States of Chihuahua, Nuevo, Tamaulipas, and Coahuila to the Southwest, and to the Southeast, it borders the Gulf of Mexico. Alamo Heights is one of the wealthiest cities within the San Antonio Metropolitan area. The population was 9,944 at the 2019 census. 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. The city is surrounded by San Antonio and other cities, making it almost impossible to grow its borders. This keeps local incomes stable ($84k) and local poverty rates below 1%. The towns estimated median household income of $146,733 is more than double the states $61,874. There is an overwhelming amount of information out there about the most luxurious homes and neighborhoods in Houston. River Oaks real estate includes deed restrictions, historic homes, property legacies, and a variety of builders. The most impressive and desirable estates sit alongside the lake, and they are also the most expensive, costing up to $18.5 million. West University Place earned first place from the wealthiest city in Texas list. Learn These Five HabitsContinue. PROXIMITY TO THE MED CENTER: Braeswood is minutes away from the Texas Medical Center, one of Houston's leadingemployment centers. In economy, Bellaire City has light industrial, mixed-use of public and private uses and then the commercial properties. With the highest per capita income ($159k) and home prices ($2.4M) in the state, Highland Park is perfect for anyone interested in an upscale neighborhood with first-class amenities. The city's spacious luxury properties range from 15,000 sqft. 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 . Fair Oaks Ranch is a city in Bexar and Comal counties in the U.S. state of Texas. This city got incorporated as Southlake in 1956 and this was after the construction of Grapevine Lake. It is also nestled along Zip Code 77024, one of Forbes' "America's Most Expensive Zip Codes.". The city is also home to many large companies, including Sabre Holdings, Neiman Marcus, and Santander Consumer USA. - 2017: #10 Individual Agent, Keller Williams, Worldwide - 2016: Five Star Realtor, Featured in Texas Monthly The neighborhood with the highest median income, University Park, was named the richest neighborhood in Dallas. The homes in Terrell Hills are not only beautiful, but theyre also historic. It is indeed one of Houston's most affluent towns. Other than the location next to the lake, one of the reasons the area is so desirable is that it has one of the best elementary schools in Dallas. Alamo Heights is one of the wealthiest areas in Texas and is a part of the greater San Antonio Metropolitan area. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. Multiple moving parts increase oversights. And by no one, we really mean you because there's always someone richer than you. A team approach handles these parts separately, increased foot traffic through more timely and effective showing schedule coordination; and. Hunters Creek Village is another one of the wealthiest cities in Texas. What makes an area desirable can differ from one place to the next, although typical factors include substantial houses, nearby amenities, within a catchment area of good schools, low crime rates, and employment opportunities within commuting distance. The median property price in University Park is $1.7 million, although the most expensive houses in this neighborhood can cost as much as $16.5 million. A schoolhouse that also served as a Methodist church was the first building that was constructed in the city. INDEPENDENT CITY: The City of Southside Place operates a council-manager form of government. Its population was 4,878 from the 2010 population census. . - 2015: #1 Individual Agent, Keller Williams, Houston It is zoned to IB World Schools, including Lanier Middle and Lamar High. The city also has a large international community with many corporations headquartered there based on the citys population size and business-friendly laws. MEMORIAL PARK GOLF COURSE: The John Bredemus-designed course has a 73-course and 122-slope rating. GREAT LOCATION: Briargrove has the Galleria/Uptown area to the east. Its active civic club enforces deed restrictions and architectural guidelines. Based on the growth in home prices in Countryside over the last 3 years, it ranks No.1 among all the neighborhoods in Austin. This small town is home to about 5,371 people, and its one of the richest towns in Texas. Another expensive neighborhood in Frisco, homes in Chapel Creek range from approximately $850,000 to over $3,000,000. 24/7 SECURITY: Boulevard Oaks has private security provided by the Houston Police and Harris County officers. An upscale area located in central Dallas, this beautiful neighborhood possesses both a small-town atmosphere and big-city amenities. Where you'll find lawyers, and doctors, and business executives. Houston is the city with the second most billionaires with the highest combined net worth in Texas. Like nearby Memorial area communities, Briargrove features updated/remodeled houses. 78746, Austin Median listing price: $2 million Average sales price: $2.93 million Right next to 78733 is the 78746 zip code, which includes West Lake Hills, Rollingwood, and parts of the City of Austin. The states three largest metropolitan areas are Greater Houston (6.8 million), Greater Dallas (6.9 million), and Greater Austin (2 million). 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