The residents of Trophy Club are typically well-educated professionals, with 97.1% holding a bachelors degree or higher. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. McAllen, which has a reputation for being quieter than the border towns of Brownsville and Laredo, has a nice downtown area and is nicknamed "City . 2021: Top 100 Women Leaders in Real Estate of 2021 The Memorial Villages comprises six distinct villages: Hunters Creek,Piney Point,Hedwig,Bunker Hill, Spring Valley, and Hilshire. The development of Prosper City accelerated when the county courts commanded that parts of the land should be sold. Hunters Creek Elementary and Memorial High are National Blue Ribbon Schools. Based on the growth in home prices in Countryside over the last 3 years, it ranks No.1 among all the neighborhoods in Austin. - 2016: #1 Individual Agent, Keller Williams, Texas Unsurprisingly, the median household income is also high at approximately $108,000 per year. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. A few interesting trends stood out. north-central Collin County. It is just south of Newport Beach and is about a 45 minute drive away from Los Angeles. Newly constructed custom-built homes are available as well. Cost of Living Index 106 vs 95. Fair Oaks Ranch is one of many American cities that features extremely expensive real estate. This includes the Houston Zoo, the Houston Garden Center, and a golf course. 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. Major employers like the Valero Energy Corporation and NuStar Energy help to supply the areas job market with high-yield professions. Champions Ridge Median Price: $755,500 Average Price Per Square Foot: $179 2 Homes Sold for $1 Million+ in 2018 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. 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. 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. It is nicknamed The Neighborhood City and is mainly a bedroom community for upper-class families. - 2015: Top 25 Residential Realtors in Houston, HBJ TOP SCHOOLS: Among these Inner Loops best schools are Lamar High, Lanier Middle, and St. George Place Elementary School. The area of Rockwall County measures 149 square miles which makes it the smallest area compared to all Texas counties. REAL ESTATE APPRECIATION RATES: Home prices are well over $1M, with one of the highest 10-year land value appreciation rates in Houston. Get your copy of The Luxury Neighborhood Guide in an easy-to-read PDF format. This keeps local incomes stable ($84k) and local poverty rates below 1%. A deed-restricted neighborhood, Highland Village permits residents to feast a steady glance and feel in the village. - 2017: #1 Individual Agent, Keller Williams, Texas We have reviewed over 400,000 home sales over the last 10 years to get a list of 2022's most exclusive neighborhoods. It features some of the most expensive real estate in Houston. River Oaks Elementary is one of the Best schools in Houston. - 2015: Five Star Realtor, Texas Monthly Magazine The city also has a large international community with many corporations headquartered there based on the citys population size and business-friendly laws. Old Enfield. There are plenty of jobs available in Texas, making it an attractive place to relocate for work or start a business. 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. There is varied architecture in this area, with examples of Tudor, Mid-century, Greek Revival, and Colonial Revival-style houses. River Oaks is located within the Inner Loop and is one of the most exclusive neighborhoods in the United States. Furthermore, certain areas command a premium. In Southlake, Texas, you can find well-paying jobs, nice homes, good schools, and a relatively low cost of living. Prosper, a boutique city in Collin and Denton counties, is one of the most affluent communities in Texas. It was also once named the Number One Best City to Live In by USA Today. We also considered the median home price in each city between January and November 2022. In this video, we explore LA's richest neighborhoods. Bellaireis located in southwest Harris County. As a result, it is no wonder that a lot of people are interested in becoming landlords. PROXIMITY TO RETAIL AND ENTERTAINMENT: Retail and entertainment venues, including River Oaks Shopping Center and the Galleria, are only a short drive away. They provide 24-hour security. Moreover, homeowners can enjoy many retail stores, dining establishments, cafes, and entertainment venues around the area. 1. North Gateway. Southlake, Texas is one of the richest cities in the nation with a median income of $240,248. 11 Richest Cities in Texas Highland Park Hunters Creek Village West University Place University Park Alamo Heights Southlake Terrell Hills Fair Oaks Ranch Trophy Club The Woodlands Flower Mount 1. The population was 31,292 at the 2019 census. - 2018: #1 Individual Agent, Keller Williams, Texas Additionally, its top-rated school systems and low crime . It's a great opportunity for buyers. The presence of lush lawns also enhances the property's grandeur and affluence. There are several notable private schools nearby as well. EXCLUSIVITY: Some of Houstons most expensive real estate are in the areas of Glen Clove and Crestwood. Bellaire is known for its coolness, hence the name Bellaire which means Good Air. The 8 Richest Neighborhoods in Colorado in 2023 8. These communities are also built into west Austin's hills, and feature some amazing scenery. This highly educated residence base, along with a myriad of local employers, keeps the local workforce saturated and poverty levels low, making Trophy Club an ideal place to raise a family. Situated along the Katy Freeway and west of Downtown Houston, the upscale neighborhood of Hedwig Village features notable schools and excellent community entertainments. Lakeway. (See Income Needed To Live In Houstons Top Neighborhoods). 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. - 2019: Americas Best Real Estate Agents, RealTrends.com Related: The 10 Most Expensive Places to Live in Texas. Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. These high-yield professionals create a per capita income of roughly $101,000 and help to maintain the citys reputation as one of the wealthiest in the state. The 1,500-acre Memorial Park is just a few blocks away from the community. - 2016: Texas Most Influential Realtors All median Houston home sale information was sourced by the HAR MLS database. University Park is considered one of the overall most affluent neighborhoods in Texas. Those who live in Bluffview can probably afford the high property prices. 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 richest city in Texas is Highland Park. Southlake, Texas is one of the richest cities in the nation with a median income of $240,248. How do you quantify richer than you? Check Out The Top 10 Most Expensive Neighborhoods To Live In Austin: 1. Laveen. With a mean household income of $510,848, it is home to some of the country's leading hedge fund managers and financiers. 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. This affluent city is located between the north of downtown Dallas and Dallas North Tollway. There are many reasons they the Peach State is also known as the Empire of the South. However, the property prices range from just under $900,000 to a staggering $19.5 million. Whereas the Wet climate featured with cotton tied to the old South is associated with West Texas, the East on its own is known for its dryness characterized by an affinity and ranching of cattle. Best First Time Home Buyer Programs & Grants in NYC. This high homeownership cost leads most residents to rent homes rather than purchase them outright. Every city has it's best neighborhoods -- where everyone wants to live -- and the worst neighborhoods -- where no one wants to live. Hilshire Village is a small city and neighborhood located in Harris County in Texas with a median income of $66,620. . ACCESSIBILITY: The residents have access to main roads such as I-10, Memorial Drive, Loop 610, Washington Avenue, and Allen Parkway. 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. The people who call Melissa home describe themselves as belonging to a variety of racial and ethnic groups. 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. Here are the 10 wealthiest cities in Texas in 2021, according to HomeSnacks: 1. 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. Its relatively low poverty rate also tends to make Southlake an expensive area, with home prices averaging around $1.1M. Alamo Heights - $141,048. Some of these schools include Memorial High School, Memorial Drive Elementary, and Kinkaid School. The Royden Oaks area, in particular, is right next to the River Oaks neighborhood. This keeps local incomes stable ($84k) and local poverty rates below 1%. EXCLUSIVITY: This gated community is one of the Most Expensive Neighborhoods in Houston. Other nearby schools are Briargrove Elementary School and Tanglewood Middle. The center of Dallas is 64 km southwest of Melissa. 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. The Golden Triangle is a section in Greenwich, Connecticut that is considered to be America's wealthiest neighborhood. Southlake has a higher median household income than any other city on the list. The prestigious East Shore is also known as The Woodlands Garden District. Sectioned to either Houston's Top Suburbs or Inner Loop's Best Neighborhoods. Diversification of the economy and high technology industries increased the Texas economy in the mid 20th century. West University Place - $250,001. Bellaire - $206,734. Located 28 miles north of Houston, The Woodlands is one of Houstons Best Suburbs. These neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet. - 2017: Top 25 Residential Realtors in Houston, Houston Business Journal The districts appeal stems from several factors, including: CULTURE AND ARTS CENTERS: True to its name, the Museum District is home to 19 culture, arts, and scientific institutions. TOP-RATED SCHOOLS: Briargrove is zoned to the Houston Independent School District (HISD). Its local per capita income of $84k is nearly triple the states average, which earned it the number one position in. Other areas of interest are the Seymour Lieberman Exercise Trail and the Houston Arboretum and Nature Center. With million dollar homes, guarded gates, and sweeping views, these 9 communities are, without a doubt, the most exclusive neighborhoods in San Antonio. The towns estimated median household income of $146,733 is more than double the states $61,874. WELL-MAINTAINED COMMUNITY: The Afton Oaks Civic Club handles common area maintenance, deed restriction enforcement, and other services like additional security. A total of 18 billionaires live in Dallas with a combined net worth of $57.9 billion. Paradise Valley is the safest place to live in Phoenix. Residents can also take a short drive to Montrose, Downtown, or Upper Kirby for more options. 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. Even so, Fair Oaks Ranch is sure to impress those interested in a more affluent neighborhood. Large city complex - Southeast Texas, 50 miles inland from the Gulf Coast. 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. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. Hilshire Village is a small city and neighborhood located in Harris County in Texas with a median income of $66,620. These are Lamar High, Lanier Middle, and Poe Elementary. 33 %. Texas is a state that offers something for everyone. A coveted small neighborhood, Highland Village is located near the [Galleria] (https://www.houstonproperties.com/houston-neighborhoods/galleria/homes-for-sale)/Uptown area and River Oaks. Finding 5 Richest Neighborhoods in Texas The factors considered in finding out the richest neighborhoods in Houston are poverty rate, per capita income, and the median value of owner-occupied units. The community spans 1,100 acres south of the Buffalo Bayou. Arlington Heights. Texass topography includes warm, sandy beaches and rugged hill country, as well as deserts, forests, and mountains. 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. Hunters Creek Village is another one of the wealthiest cities in Texas. Notable residents. 2021: Best Houston Real Estate Team, Best of Readers Choice Southlake is predominantly city situated within the County of Tarrant with Denton County as its minor area by extension in the Texas State, United States. With a population of 12,240 people, Hillside East is the tenth richest neighborhood situated in Anchorage, Alaska. The median price of properties in this neighborhood is $2.5 million. 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. TOP-RATED SCHOOLS: The Woodlands is zoned to Conroe, Klein, Magnolia, Spring, and Tomball ISDs. West University Place is a city located in the U.S. state of Texas within the HoustonThe Woodlands-Sugar Land metropolitan area and southwestern Harris County. Southlake is located in northeast Tarrant County and includes part of northwest Dallas County. The homes in Terrell Hills are not only beautiful, but theyre also historic. Hillside East, Anchorage, AK. 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. The median house price in the neighborhood's 77027 zip code is $892,077, while the median household income is $80,000. Highland Park - $211,136. River Oaks Shopping Area stands nearby major thoroughfares, including Katy Freeway (I-10), Loop 610, and Southwest Freeway (US 59). River Oaks is a large enough neighborhood with multiple zip codes. Let's take a look at the top wealthiest neighborhoods of San Antonio: 1. It is independent of the Houston Police Department. 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. 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. 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal She was appointed by the mayor of Houston to be on the downtown TIRZ board. population was estimated at 18,593 from its 2016 population census reports. Over 10% of Texas land area is mostly a desert even though it is largely dominated by the US southwestern deserts, most of the people that form the population of Texas mostly reside on the former prairies, forests, coastline, and grasslands areas. 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. Piney Point is a haven for homebuyers who love classic elegance and serenity. Residents enjoy a good commute to Galleria, Downtown, Texas Medical Center, and Energy Corridor. The population was 31,292 at the 2019 census. The high housing costs likely contribute to the low homeownership rate of 59%. It is between the Houston -sugar -land -Baytown. Where are those places today - the ones that look like Nantucket in 1970? This site uses Akismet to reduce spam. Highland Park TX (income: $365,025/ bailout: $4.5 million) - The richest town in Texas, the median home price is $1.5 million. It is a suburb of Forth Worth and well known for its Southlake Town Square and Public Schools which stands as its economic source. Forget Beverly Hills. Fair Oaks Ranch boasts one of the wealthiest metropolitan areas in all of Texas. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. Residents can enroll in top-ranked schools like Woodlands College Park High and Knox Junior High. Now a look at how all the neighborhoods in Dallas ranked. In fact, Highland Park is the most affluent city in Texas and the 7th . 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 gated neighborhood that sits along White Rock Creek, and it is close to the Bent Tree Country Club. 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. EXCELLENT LOCATION: Piney Point contains some of the city's most prestigious real estate. Prosper - $146,733. With all of this and more, its no wonder. When you click through real estate links on our site, we earn an affiliate commission. if(window.innerWidth<700){ezoicSiteSpeed(jQuery(document),String(/documentReady/).substring(1).slice(0,-1),String(/jQuery-document-dot-ready/).substring(1).slice(0,-1),function($){$("#skip_expand").html("(Expand+)");$("#toc ul").css("display","none");$("#skip_expand").on("click",function(){$("#toc ul").toggle()});$("#toc h3").on("click",function(){$("#toc ul").toggle()});});}. There are many different styles available, with some properties built in the 1950s and the more recent in the last few years. Green spaces and pocket parks are well-placed throughout East Shore, and there are also 12 parks nearby. Fair Oaks Branch can be found in three counties in the United States- Bexar County, Kendall County, and Comal County. 2021: Best Real Estate Teams in America, RealTrends.com So without further ado, here are your top 10 richest cities in Texas! - 2017: #10 Individual Agent, Keller Williams, Worldwide In addition to being highly educated (almost half have earned at least a bachelors degree), Celina residents have an average commute time of only 12 minutes and enjoy excellent health with low obesity rates and high life expectancy rates. Let's have a look at the list below. 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. 2020: Americas Best Real Estate Teams, Best of America Trends The city boasts of poverty rate of 1.67%, median household income of $250,001. River Oaks features premier living, notable schools, and accessibility. It is located in Bexar County. Cities with high median household incomes tend to have low poverty rates. 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. A new list from data provider HomeSnacks ranks Terrell Hills as the richest place in . 24/7 SECURITY: Boulevard Oaks has private security provided by the Houston Police and Harris County officers. Not only are their great salaries here; nearly three out of every four households earn more than $50,000 per year. The population was 15,603 at the 2019 census. EXEMPLARY SCHOOLS: The village is zoned to some of the best public schools in Houston. Tenth Street Historic DistrictDallas, Texas . OUTDOOR AMENITIES: Bunker Hill Village boasts several open-air recreational amenities. 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