County: Montgomery County. Bunker Hill Village sits at the westernmost part of the Memorial Villages, adjacent to Piney Point to the east and Hedwig to the north. Centrally located, residents have easy access to all major job centers, including Downtown, The Medical Center, and Galleria. 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. Melissa is the last on our list of the top ten richest cities in Texas. Cost of Living Index 110 vs 95. List of 25 Wealthiest Zipcodes in Texas; Rank Map Key Zipcode Zip Name County Adjusted Gross Income Median Household Income; 1: 77010: Houston: Harris: $631580: $240417: 2: 75225 . Southern Methodist University in University Park, Texas. It is a gated neighborhood that sits along White Rock Creek, and it is close to the Bent Tree Country Club. Highland Park - $211,136. Fair Oaks Ranch, Texas is part of the San Antonio Metropolitan statistician Area with a population of 5,986 from its 2010 population census results. However, taking into account incomes in this location puts it on the list. 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. 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). This affluent community is located just east of Memorial Park. On the other hand, there are also residences available costing between $700,000 and $1 million for those who cant afford the communitys most luxurious properties but want to live in this desirable location. SUPERIOR LOCATION: A city within a city, Bellaire is mostly bordered by Houston. LUXURIOUS HOMES: The community features single-family homes in many architectural styles, from ranch styles to new custom-built ones. Some popular attractions include Armstrong Park and Glencoe Park, which have playgrounds and picnic areas. Prosper is located within Dallas-Fort Worth metropolitan area. north-central Collin County. The Memorial Villages comprises six distinct villages: Hunters Creek,Piney Point,Hedwig,Bunker Hill, Spring Valley, and Hilshire. A team approach handles these parts separately, increased foot traffic through more timely and effective showing schedule coordination; and. It is a city located within a Bexar, in Comal, and within a Kendall County in the Texas State of United States. The top luxury neighborhoods are also: Top performers in land value appreciation and real estate appreciation over the last 10 years. We have dedicated people doing staging, marketing, social media, open houses, and showings. Living in Plano Dallas provides an excellent quality of life for African Americans. 10 Everglades Club - Palm . TOP RANKED SCHOOLS: River Oaks homes are zoned to the Houston Independent School District (HISD). The median household income in Melissa, TX is $118,348. Cities with high median household incomes tend to have low poverty rates. COMMUNITY: Facilities such as libraries, recreation centers, and parks make for one of Houstons most accessible communities. The population was 31,292 at the 2019 census. Paige Martin, Broker Associate, Keller Williams Memorial1220 Augusta Dr, 300, Houston, TX 77057, Texas Real Estate Commission Consumer Protection Notice, Texas Real Estate Commission Information About Brokerage Services, PMartin@HoustonProperties.com 2002 2023, Guide To Houston's Most Expensive Neighborhoods. Unsurprisingly, the median household income is also high at approximately $108,000 per year. Source: US Internal Revenue Service - 2018. T H Rogers School has 10 out of 10 great school ratings. The San Antonio suburb was ranked the second-most populous city in Texas and West University Place ranked the wealthiest. West University Place earned first place from the wealthiest city in Texas list. 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. GREAT ACCESSIBILITY: Bellaire homes are near main roads and freeways including Loop 610, Southwest Freeway, Bissonnet Street, and Bellaire Boulevard. I have compiled a list of the top 10 richest cities in Texas according to their median household income. Median house prices in Mesquite, TX are $174,725, meaning Mesquite homes are much less expensive than the US median of $376,286. 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 Flower Mound is another of the richest cities for environmentalists and nature lovers alike. Top Ranked Pearland High Schools The list of the best high schools serving the Pearland area below only includes public high schools with a 4 of 4 Performance Index Rating and a 7 to 10 rating (of 10 . EXCELLENT LOCATION: Piney Point contains some of the city's most prestigious real estate. In addition, weve included a bit about each city to give you an idea of what makes it so successful. This includes the Houston Zoo, the Houston Garden Center, and a golf course. Alamo Heights is one of the wealthiest areas in Texas and is a part of the greater San Antonio Metropolitan area. 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 local per capita income of $84k is nearly triple the states average, which earned it the number one position inHomeSnacks list of wealthiest Texas cities back in 2021. CONVENIENCE: Retail and leisure options are within a mile at Rice Village. The Clear Creek Independent School District, considered one of Texas's highest performing large school districts, serves most of the neighborhood. Forget Beverly Hills. The median family income in Celina is $112,375, which is one of the highest in Texas. (See Income Needed To Live In Houstons Top Neighborhoods). We use data, analytics, and a sense of humor to determine quality of life for places across the nation. 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. They have median sale prices of over $1,500,000. Two well-to-do Dallas-area communities, Southlake and Highland Park secured second and third place consecutively. TOP SCHOOLS: Among these Inner Loops best schools are Lamar High, Lanier Middle, and St. George Place Elementary School. Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest. EXPANSIVE GREEN SPACE: 103 parks, over 200 miles of trails, and three golf courses offer exciting and varied outdoor activities. - 2018: #5 Individual Agent, Keller Williams, Worldwide These richest cities in Texas have five-star amenities, high-end stores, exclusive swimming pools, grand schools, and they are safe. Trails along the lakeshore connect East Shore parks. 21 Los Altos Hills In California. - 2019: Americas Best Real Estate Agents, RealTrends.com With four cities ranked in the top 15 biggest cities in the United States, it's no wonder that according to MLS data, urban zip codes dominate Texas's priciest real estate, with the state capital of Austin claiming the most . There are also some of the largest urban centers in the United States. A. Jayson Adair, $1.0. The cities of Houston and West University place surrounded Bellaire City in Texas. Dallas economy is fueled by telecommunications, banking/finance, and defense/aerospace/transportation equipment industries. Situated along the Katy Freeway and west of Downtown Houston, the upscale neighborhood of Hedwig Village features notable schools and excellent community entertainments. The population was 15,603 at the 2019 census. It is just south of Newport Beach and is about a 45 minute drive away from Los Angeles. Shady Oaks homes are considered architectural masterpieces, standing on enormous lots as part of a wealthy communitythat has been voted one of the richest neighborhoods in the country. And it is located in the United States of Texas and lies within Houston City. There are large wooded grounds and well-kept front/backyards in the neighborhood. Let's have a look at the list below. Flavian Johnny is the founder of Mostexpensively.com - a blog that serves as an invaluable resource for expatriates and travelers looking for something special and unique. Where are those places today - the ones that look like Nantucket in 1970? Where houses go for over 6.92x the national median and household incomes are 3.61x the national median. The three major cities are situated along the Midtown San Antonio, Uptown San Antonio, Fort Sam Houston, and then Downtown San Antonio. We've included the summary real estate statistics for Houston's Most Expensive Neighborhoods. Answer (1 of 5): I've lived in Austin most of the time since 1985, aside from college & a few years in NYC. Individuals of all ages flock to the Lone Star state, seeking luxury living for a fraction of what it might cost elsewhere. Southlake, Texas is one of the richest cities in the nation with a median income of $240,248. That means that smaller communities like Piney Point Village, which has an average home price of over $3 million, were excluded as they had a population below 5,000. 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. Move over, Manhattan. 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal - 2017: Americas Best Real Estate Agents, RealTrends.com Or, for living around Dallas, out the best Dallas suburbs and the worst Dallas suburbs. Seventy percent of the population is black in DeSoto, according to City-Data . The most impressive and desirable estates sit alongside the lake, and they are also the most expensive, costing up to $18.5 million. Melissa is one of the richest cities in Texas with a median income that is 1.5 times higher than the Texas average. Southside Place homes posted great real estate and land value appreciation (with West U) in the past decade. COVID-19 also had an undeniable impact on home sales. With a population of only 5,371 people, Terrell Hills may be one of the smallest cities in all of Texas, but it is also one of the richest. The 1,500-acre Memorial Park is just a few blocks away from the community. A post office, stores, school, and other buildings followed. 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 . population was estimated at 18,593 from its 2016 population census reports. The 6 Most Expensive Neighborhoods in Dallas The 6 Most Expensive Neighborhoods In Dallas December 29, 2019 by Kristie Ramirez, Rhonda Reinhart, Rosie Roberson and Elaine Raffel When the city's well-heeled want to put down roots, they look to these affluent areas. 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. Numerous multimillionaires reside in Dallas, one of three Texas towns to appear on the list of the world's richest cities. 2021: Americas Top 100 Real Estate Agents Using census and extrapolated BLS data, we ranked every neighborhood based on income levels. The homes in Terrell Hills are not only beautiful, but theyre also historic. - 2018: Texas Most Influential Realtors - 2016: #1 Individual Agent, Keller Williams, Texas It is one of the smallest cities in Texas. All of the wealthiest neighborhoods in America on Bloomberg's Richest Places Index have average household incomes over $300,000. Prosper (Dallas Fort-Worth), located between two counties took sixth place. Go here for the full report. The neighborhood was developed in the early 1900s, and it was designed by the same architect as Beverley Hills. Out of the many regions, here are the 10 wealthiest neighborhoods in Texas according to the demographics recorded in the 2010 United States census. It is a tight-knit neighborhood known for its mid-to-large-sized lots. Ideally situated between Grapevine Lake and Lake Lewisville, this city possesses some of the most stunning green spaces, walking trails, biking paths, and equestrian centers in the state. - 2015: Top 25 Residential Realtors in Houston, HBJ The people who call Melissa home describe themselves as belonging to a variety of racial and ethnic groups. As of 2011, West University Place has the fifth-highest fraction of households with incomes $250,001 or greater. It is home to severalmedical-related institutions, organizations, schools, and hospitals. Median home sale prices are based on single-family home sales. EXCLUSIVITY: The Afton Oaks Neighborhood is home to some of Houston's most expensive properties in Houston. The River Oaks Theater is one of the shopping centers most defining markers. 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. We also considered the median home price in each city between January and November 2022. We also considered the median home price in each city between January and November 2022. in addition to over 318 additional awards. Continue on to find where your neighborhood ranks amongst the richest in Dallas. It has fire and police departments, which are shared with the nearby areas. There are many reasons they the Peach State is also known as the Empire of the South. Overall, Alamo Heights ranks as the 211th best place to live in Texas and the second-best place to live in the San Antonio metropolitan area behind Terrell Hills. These local amenities typically attract nature-loving residents who want the best parts of an affluent city life without the inner city prices. This site uses Akismet to reduce spam. UPSCALE NEIGHBORHOOD: River Oaks is Houston's Most Expensive Neighborhood. HISTORIC ARCHITECTURE: Homes in Boulevard Oaks feature a wide array of architectural designs. Cities in this list were included if they had at least 5,000 residents. EXCELLENT LOCATION: River Oaks is one of the Hottest Neighborhoods in the Inner Loop. Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. Yorktown. The city's spacious luxury properties range from 15,000 sqft. Celine Park was the first road constructed for automobiles in Celine. TOP-RANKED SCHOOLS: According to Houston's Best Public Schools, schools located near Bellaire rank among the top in the state of Texas. These are the best neighborhoods as judged by the market: the places people most want to live. CONVENIENT ACCESS: Nearby Woodland's Town Center is home to an array of hotels, shops, dining establishments, and entertainment venues. The 10 Most Expensive Places to Live in Texas, The population was 31,292 at the 2019 census, median home value in the city is $623,500, median home value in Alamo Heights currently sits at $717,819, The 10 Richest Cities in Michigan Based on Median Income, The 10 Richest Neighborhoods in New York City, The 10 Wealthiest Cities in Missouri Based on Median Income, The 10 Wealthiest Cities in North Carolina Based on Median Income, The 10 Wealthiest Cities in Maryland Based on Median Income, The 10 Richest Cities in Oregon Based on Median Income, The 10 Wealthiest Cities in New York State, The 10 Wealthiest Cities in Alabama Based on Median Income. Paradise Valley is also Arizona's wealthiest municipality and has often been dubbed the Beverly Hills of Arizona. - 2017: Texas Most Influential Realtors 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. s list of wealthiest Texas cities back in 2021. It is zoned to IB World Schools, including Lanier Middle and Lamar High. 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 city has a history that dates back to the mid-1800s, but it wasnt until 1946 that Alamo Heights became incorporated into a city. 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal The median house price in Greenway Parks is around $700,000. The median household income growth rate is much higher than the state average rate of 31.76% and is much higher than the national average rate of 27.36%. But where exactly in Dallas do the richest of the rich people live? Multiple moving parts increase oversights. PROXIMITY TO THE MED CENTER: Braeswood is minutes away from the Texas Medical Center, one of Houston's leadingemployment centers. River Oaks Shopping Area is nestled between the luxurious neighborhood of River Oaks and the vibrant community of Montrose. It is home to major employers like Chevron, JP Morgan, and ExxonMobil. Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. Hunters Creek Village is another one of the wealthiest cities in Texas. A schoolhouse that also served as a Methodist church was the first building that was constructed in the city. Alamo Heights is a highly coveted neighborhood with a population of 8,374 people. West Loop South runs through the neighborhood and connects it to Uptown Houston. 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal The median home value in the city is $623,500, more than 3 times greater than both in Texas and the nation overall. Alamo Heights is predominantly white collar with almost 98% of the workforce employed in white-collar jobs, well above the national average. This city got incorporated as Southlake in 1956 and this was after the construction of Grapevine Lake. 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. River Oaks Elementary is one of the Best schools in Houston. It is part of the San Antonio Metropolitan Statistical Area. Olmos Park, Terrel Hills, Alamo Heights are all part of the three major cities. The city can be found in Collin and Denton Counties. Piney Point is a haven for homebuyers who love classic elegance and serenity. Learn These Five HabitsContinue. The per capita income in Melissa is $38,134, which is wealthy relative to Texas and the nation. Major corporations headquartered in Dallas include Atmos Energy Corporation, AT&T Inc., Comerica, Southwest Airlines Company, and Texas Instruments Incorporated. PROXIMITY TO HOUSTONS BEST RETAIL: Afton Oaks is just across from The Galleria, which has over 350 retail stores and establishments. Also, other parks through The Buffalo Bayou and Beyond initiative. With a population of only 5,371 people, Terrell Hills may be one of the smallest cities in all of Texas, but it is also one of the richest. So many families are making six figures in Bellaire and one of the reasons for that is because it is located very close to Houston which means that there are tons of good jobs that are brought into the city by way of Houston companies such as Mattress Firm and Designer Mattress Warehouse. This city is majorly for people of the upper class. The area of Memorial Park features a wide range of home options, such as upscale townhomes, mansions, and patio and ranch-style homes. River Oaks features premier living, notable schools, and accessibility. The area enjoys large lot sizes compared to the standards in Houston. This is our ninth time ranking the. Hunters Creek Elementary and Memorial High are National Blue Ribbon Schools. So without further ado, here are your top 10 richest cities in Texas! This high homeownership cost leads most residents to rent homes rather than purchase them outright. Houston's Most Expensive Neighborhoods Ranked, Houston Zip Code Map: Best Neighborhoods By Zip Code, How To Avoid Houston Homes With Flooding History, The Ultimate Guide To The 26 Best Gated Communities in Houston, Houston's Best Master Planned Communities, The Ultimate 2023 Houston Neighborhood Guide, Flooding has reshaped the Houston real estate landscape, varying trends on different segments of the housing market, By The Numbers: Sales Trends Within Houston's Most Exclusive Areas, Expert's Guide To 20 Most Expensive Neighborhoods In Houston, Bonus: Three More Luxury Houston Neighborhoods, Methodology For Ranking Houston's Most Expensive Neighborhoods, Meet Paige Martin & Our Houston Luxury Realtors, Income Needed To Buy A House in Houstons Best Neighborhoods, See Income Needed To Live In Houstons Top Neighborhoods, most renowned neighborhoods within the Inner Loop, Houston's most expensive properties in Houston, See Houston's Best Inner Loop Neighborhoods, Houston Texas Zip Code Map | HoustonProperties, How To Avoid Buying In Houston's Flooded Zones, Houston Neighborhoods | Houston Map, Real Estate, Homes, Empire Lofts Condo Houston | 5005 Hidalgo Street, The Breakers Condo Houston | 7700 Seawall Boulevard, the ability to be in two or three places at one time; a member can handle showings, while another answer calls, collective time and experience of members, targeted advice and marketing of agent expert in your area, competitive advantage by simply having more resources, more ideas, and more perspectives, a checks and balances system; selling and buying a home in Houston is an intensely complex process, more people addressing field calls and questions from buyers and agents to facilitate a faster, successful sale, efficient multi-tasking; one agent takes care of inspections and repair work, while another agent focuses on administrative details, multiple marketing channels using members networks, constant attention: guaranteed focus on your home and your transaction, lower risk for mistakes. 2022: #1 Residential Real Estate Team by Sales Volume, Houston Business Journal Preston Hollow is a neighborhood in North Dallas close to University Park. Hillside East, Anchorage, AK. The center of Dallas is 64 km southwest of Melissa. The community enforces various deed restrictions and neighborhood maintenance. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. - 2019: #1 Individual Agent, KW Texas Learn These Five Habits, The 10 Richest Neighborhoods in Minneapolis, The 10 Richest Neighborhoods in Pittsburgh, The 10 Richest Neighborhoods in New Orleans, The 10 Richest Neighborhoods in Cincinnati, The 10 Richest Neighborhoods in St. Louis, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time. 16 %. And while they probably aren't made of ticky tacky, they are definitely made of money. The upscale Houston gated community of Caceres is a few minutes from the area. For those who enjoy shopping, Highland Park Village is an open-air shopping center that offers local boutiques as well as high-end retailers like Chanel and Hermes. It has a variety of stores and restaurants. Ideally situated between Grapevine Lake and Lake Lewisville, this city possesses some of the most stunning green spaces, walking trails, biking paths, and equestrian centers in the state. Grogan's Mill is also the home of one of the fastest-growing luxury neighborhoods in The Woodlands. 2021: Top 100 Women Leaders in Real Estate of 2021 - 2017: #1 Individual Agent, Keller Williams, Texas They provide 24-hour security. It's a great opportunity for buyers. Lakewood is a neighborhood that sits alongside White Rock Lake, so there are water views from many of the homes in this area. Terrell Hills, located in Bexar County made it to fifth place. Its no secret that Texas is big, but its probably not the first thing that comes to mind when you think of this state. 1. The median house price in the neighborhood's 77027 zip code is $892,077, while the median household income is $80,000. The median price of properties in this neighborhood is $2.5 million. Paradise Valley. Downtown Austin. Tcu-West Cliff. 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. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. Telfair inhabitants can enjoy a 70-section of land lake and park framework for relaxation. It is between the Houston -sugar -land -Baytown. In fact, Highland Park is the most affluent city in Texas and the 7th . 5 Best Neighborhoods to Live in Waco, TX 1-833-225-3837 Find Agents 5 Best Neighborhoods to Live in Waco, TX By Jamie Ayers Updated June 20th, 2022 If you're thinking of moving to Texas, now is the time. Southlake is located in northeast Tarrant County and includes part of northwest Dallas County. It has Tanglewood northeast. A few interesting trends stood out. Galleria and Medical Center are only ten minutes drive. Bellaire, one of Houston's most popular neighborhoods, has a small-town vibe that blends nicely with its proximity to big-city comforts. There is an overwhelming amount of information out there about the most luxurious homes and neighborhoods in Houston. Glen Abbey is a neighborhood that will suit those who prefer modern developments to areas with period properties, as it was only developed in the early 2000s. Population 239. Best First Time Home Buyer Programs & Grants in NYC. . 1. The richest city in Texas is Highland Park. - 2019: #5 Individual Agent, KW Worldwide 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. With a population that has risen over the years, West U has the highest concentration of median household incomes. 306 Champion Falls: Champions Ridge ($770,000) 9. Cost of Living Index 106 vs 95. Southlake - $240,248. The neighborhood benefits from security patrols 24 hours a day and seven days a week. North Gateway. 2021: #1 Real Estate Team, Keller Williams Memorial Some townhomes in the area feature smaller floor areas, around 1,500 to 2,000 square feet. The neighborhood is the site of The Boulevard Oaks Historic District, listed on the NRHP. Southwest Freeway is only less than ten minutes. Mission is an agricultural center west. 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. The Royden/Afton Oaks area has approximately 700 homes. This keeps local incomes stable ($84k) and local poverty rates below 1%. 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We ranked every neighborhood based on single-family home sales is one of the three major cities amongst. Front/Backyards in the United States Loop and is about a 45 minute drive away from the area enjoys lot.