We have dedicated people doing staging, marketing, social media, open houses, and showings. Real estate in Highland Park consists mostly of single-family homes available on the market from $500,000 to over $10 million. Most of its residents are employed as civil servants in the school since The West U is a learning institution. Southlake, Texas is one of the richest cities in the nation with a median income of $240,248. Southern Methodist University in University Park, Texas. The area also boasts great access to premier private schools. The HOA is dedicated to preserving the neighborhood's atmosphere, look, and feel. The River Oaks Theater is one of the shopping centers most defining markers. Continue on to find where your neighborhood ranks amongst the richest in Dallas. Some of these companies are The Avera Companies, Urban Companies, and Chevron. 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 The city also has a large international community with many corporations headquartered there based on the citys population size and business-friendly laws. Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. A few interesting trends stood out. It is a suburb of Forth Worth and well known for its Southlake Town Square and Public Schools which stands as its economic source. As of 2011, West University Place has the fifth-highest fraction of households with incomes $250,001 or greater. Russwood Acres is a highly desirable neighborhood in Dallas, where the median listing price is $1.28 million. The prestigious East Shore is also known as The Woodlands Garden District. Located only minutes from downtown Houston, West University Place is an affluent, highly-sought after neighborhood. 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). 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. NOTABLE COMMUNITIES: The Woodlands has enviable communities. The Memorial Villages comprises six distinct villages: Hunters Creek,Piney Point,Hedwig,Bunker Hill, Spring Valley, and Hilshire. Median house prices in Mesquite, TX are $174,725, meaning Mesquite homes are much less expensive than the US median of $376,286. Move over, Manhattan. - 2016: #1 Individual Agent, Keller Williams, Texas Due to its central location and proximity to major local employers, white-collar jobs make up roughly 98% of the citys local market. Multiple restaurants, boutiques, bars, and lounges also line Westheimer and San Felipe. It is just south of Newport Beach and is about a 45 minute drive away from Los Angeles. It is also close to other upscale neighborhoods, such as River Oaks District and Highland Village. Many of Houstons most expensive neighborhoods are also, historically, the best performers in real estate appreciation. Practical matters are often at the forefront of peoples minds when they are searching for somewhere to live. Factors that make Hunters Creek a much-coveted choice: EXCLUSIVITY: Hunters Creek makes it to the Forbes list of Houston's Top Suburbs to Live Well. LUXURY CONDO LIVING: The Museum District has both established landmarks like the Warwick Towers and 1400 Hermann as well as newer condos like Oaks on Caroline and Museum Flats. 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. 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. 1) Hilshire Village, Texas. They provide 24-hour security. The average lot size ranges from 7,500 to 9,000 square feet. Go here for the full report. 21 Los Altos Hills In California. It is one of the most prestigious neighborhoods in Texas, and it is home to the upscale Highland Park shopping village and the exclusive Dallas Country Club. - 2015: Americas Best Real Estate Agents, RealTrends.com 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. River Oaks is a large enough neighborhood with multiple zip codes. For more Dallas reading, check out the best neighborhoods in Dallas and the worst neighborhoods in Dallas. The top luxury neighborhoods are also: Top performers in land value appreciation and real estate appreciation over the last 10 years. The city is located in. Save my name, email, and website in this browser for the next time I comment. Metro Area: Houston-The Woodlands-Sugar Land Metro Area. Terrell Hills - $181,979. The population was 31,292 at the 2019 census. Or, for living around Dallas, out the best Dallas suburbs and the worst Dallas suburbs. 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. We analyzed a significant sample of cities with similar populations like Everett, WA and Bridgeport, CT, and found homes in Mesquite cost much less. 24/7 SECURITY: Boulevard Oaks has private security provided by the Houston Police and Harris County officers. Shopping and dining are only a few minutes away from residents' homes. The per capita income in Melissa is $38,134, which is wealthy relative to Texas and the nation. - 2019: #5 Individual Agent, KW Worldwide If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. The median household income in Melissa, TX is $118,348. 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. Amenities may include private balconies, valet and concierge services, and reserved parking. Hunters Creek Village is another one of the wealthiest cities in Texas. Southlake is known for its high-income households. Southlake - $240,248. 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 name Rockwall is derived from the subterranean rock formation that surrounds the county. (Read Income Needed To Buy A House in Houstons Best Neighborhoods.). The area of Memorial Park features a wide range of home options, such as upscale townhomes, mansions, and patio and ranch-style homes. And it is located in the United States of Texas and lies within Houston City. 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. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. The Golden Triangle is a section in Greenwich, Connecticut that is considered to be America's wealthiest neighborhood. Therefore, those who can afford to live within this area have a good choice of properties and are likely to find something that suits their tastes. Situated along the Katy Freeway and west of Downtown Houston, the upscale neighborhood of Hedwig Village features notable schools and excellent community entertainments. 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. Highland Park - $211,136. 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. Paradise Valley. It is a tight-knit neighborhood known for its mid-to-large-sized lots. 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. EXCELLENT LOCATION: As one of the Inner Loop neighborhoods, the area boasts a prime location. The area enjoys large lot sizes compared to the standards in Houston. If youre looking for a small, quiet Texas town with all the amenities of a big city and a bustling downtown area, then Terrell Hills is your spot. OUTDOOR RECREATION: Most areas can access many trails like Seymour Lieberman Exertrail and Picnic Loop. A project of The Houston Properties Team, the list of "20 Most Expensive Houston Neighborhoods" is updated twice a year. 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. Explore 9 neighborhoods where African American businesses districts flourished and served as examples of Black economic self-empowerment. An NBC affiliate reports that nearly 60% of the businesses in the DeSoto, Texas, suburb are owned by African Americans. West University Place earned first place from the wealthiest city in Texas list. Owing to its central location, the neighborhood is a well-liked option. In Southlake, 6% of residents live below the poverty line, less than a third of the poverty rate nationwide. It is home to severalmedical-related institutions, organizations, schools, and hospitals. State: Texas. Different geographical sources state, Read More The 10 Richest Counties in TexasContinue, Nashville is a diverse city with each of its neighborhoods and suburbs having something different to offer its residents. 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. But where exactly in Dallas do the richest of the rich people live? The three major cities are situated along the Midtown San Antonio, Uptown San Antonio, Fort Sam Houston, and then Downtown San Antonio. It is a gated neighborhood that sits along White Rock Creek, and it is close to the Bent Tree Country Club. Get the advice of our luxury realtors - we care more. Map of 25 Wealthiest Zipcodes in Texas Based on Average Adjusted Gross Income. In terms of revenue, Texas has been a leading state in exportation since the year 2002. - 2016: #1 Individual Agent, Keller Williams, Houston Neighborhood #1: Hunter's Creek Village On the top of our list is Hunter's Creek Village. As a result, it is no wonder that a lot of people are interested in becoming landlords. CENTRAL LOCATION: West University enjoys close proximity to Rice University, Texas Medical Center, the Galleria, Downtown Houston, and the Museum District. The West University State of Texas is commonly known as the The West U. A schoolhouse that also served as a Methodist church was the first building that was constructed in the city. COMMUNITY: Facilities such as libraries, recreation centers, and parks make for one of Houstons most accessible communities. Lakewood is a neighborhood that sits alongside White Rock Lake, so there are water views from many of the homes in this area. This incorporated city is almost surrounded by San Antonio. The vibe is family-friendly and the playground at Chestnut Hills Park (a Best of Arlington winner for "Best Playground") sees a lot of action, as do the athletic fields . By extension, Texas is closely 1,600km away from the Northern part to its Southern part still maintaining the unchanged distance from the East to the West. SPRAWLING HOMES & LOTS: The neighborhood features a half-acre lot on average. 1. TOP RANKED SCHOOLS: River Oaks homes are zoned to the Houston Independent School District (HISD). With a population that has risen over the years, West U has the highest concentration of median household incomes. - 2015: #1 Individual Agent, Keller Williams, Houston population was estimated at 18,593 from its 2016 population census reports. Real estate, on the other hand, is over 10 million dollars. Here are the 27 billionaires from Dallas-Fort Worth that Forbes highlighted in its report, along with their estimated net worth, ranked in order of ascending wealth: 27. Aside from its lively arts and culture scene, the Museum District also offers a lot of outdoor entertainment and recreation options in Hermann Park. It has Bellaire to the west, Southside Place to the south, and Houston to the east and north. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. 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. More than half of the street names in West University Place are allusions to universities, colleges, and poets. Houston is the city with the second most billionaires with the highest combined net worth in Texas. Fair Oaks Branch can be found in three counties in the United States- Bexar County, Kendall County, and Comal County. Southside Place has its police and fire departments. Safety is one of the area's best qualities. Over the last 10 years, many of Houstons top neighborhoods have been consistently listed among the wealthiest in the nation. The Federal Reserve just announced the largest interest rate hike in 28 years to address inflation. The several nations that had ruled over the territory of Texas are termed as the Six Flags Over Texas. The homes in Terrell Hills are not only beautiful, but theyre also historic. In case you're wondering, the cost of living average for all cities across the nation is 100. Its convenience to key Houston areas makes it an excellent area to live in. 11 Highland Park - Dallas, Texas. Numerous multimillionaires reside in Dallas, one of three Texas towns to appear on the list of the world's richest cities. Some popular attractions include Armstrong Park and Glencoe Park, which have playgrounds and picnic areas. These are the best neighborhoods as judged by the market: the places people most want to live. Terrell Hills has these cities as its boundaries: San Antonios Near Eastside by southern part, on the Eastern part, it has Fort Sam Houston on its East and lastly Uptown San Antonio on its North. Residents shop at The Woodlands Mall, Market Street, Portofino Shopping Center, H-E-B, and The Woodlands Town Center. This keeps local incomes stable ($84k) and local poverty rates below 1%. 10 Everglades Club - Palm . The Richest County in Texas is Rockwall County with a median household income of approximately $103,000. - 2016: #20 Individual Agent, Keller Williams, Worldwide Many companies are also nestled around the neighborhood, making Piney Point a good location for career growth. With its beautiful residential architecture, stunning views, and low taxes, Texas is becoming an increasingly popular alternative to the expensive west coast. The area of Memorial Park is one of the most renowned neighborhoods within the Inner Loop. 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. The citys wealthiest residents are employed at major companies like Valero Energy Corp., Tesoro Corp., and NuStar Energy, which are headquartered there. CONVENIENCE: Retail and leisure options are within a mile at Rice Village. TOP-RANKED SCHOOLS: Recognized International Baccalaureate World Schools serve Southampton. Those who want to splash the cash for the prestige of living in Bluffviews best houses may need to spend up to $8.9 million. The median house price in the neighborhood's 77027 zip code is $892,077, while the median household income is $80,000. Paige also serves a variety of non-profits, and civic and community boards. 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). Braeswood Place is located 6 miles from Downtown Houston. north-central Collin County. Despite recent events, many of Houston's top neighborhoods have been consistently listed among the wealthiest areas in the nation. Please contact us for more data or an analysis of which areas may be best for you. It is located just north of the Texas Medical Center. However, the property prices range from just under $900,000 to a staggering $19.5 million. EXCLUSIVITY: This gated community is one of the Most Expensive Neighborhoods in Houston. Photo by Matthew Rutledge on Flickr 78703, Austin Hunters Creek is within the prestigious Memorial Villages. Flooding has reshaped the Houston real estate landscape and we're seeing varying trends on different segments of the housing market. A deed-restricted neighborhood, Highland Village permits residents to feast a steady glance and feel in the village. They have several schools with high ratings. Sitting on the premier portion of Lake Woodlands real estate, East Shore features homes between $400k and $6 million in price, and it's referred to as the "Garden District" by long-time residents. 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. These neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet. 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. . A team approach handles these parts separately, increased foot traffic through more timely and effective showing schedule coordination; and. Of Dallas residents with a minimum 10-figure net worth, Jerry Jones is the wealthiest, worth an estimated $8.7 billion. 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 . While these areas tend to have lower crime rates and higher quality of life, it is primarily a map of the best areas by median home value in Richardson, TX. Houstons economy is driven by the oil and gas industries, tourism, manufacturing, and health care. Even so, Fair Oaks Ranch is sure to impress those interested in a more affluent neighborhood. The city was formerly an agricultural and residential hub that started in the middle of Westmoreland Farms. While the median home price in Glen Abbey is $1.6 million, homes cost anything from just under $1 million to $7 million, depending on the property and lot size. 2020: #1 Real Estate Team, Keller Williams Memorial According to D Magazine, the median household income is $511,549, which is the second-highest of all the Dallas Fort Worth neighborhoods. With million dollar homes, guarded gates, and sweeping views, these 9 communities are, without a doubt, the most exclusive neighborhoods in San Antonio. The city's spacious luxury properties range from 15,000 sqft. MULTIPLE PARKS: The area is home to several parks and outdoor entertainment areas. The Energy Corridor is only 6 miles west of the city, providing excellent access to various retail spots. 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. Apart from the wealthy person vibe gotten from such cities, there are other numerous benefits to boast of. We ranked every neighborhood in Dallas by median income from highest to lowest. Downtown Austin. It has a per capita income of $69k, which is more than double the state average. 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 . To qualify for this list, the neighborhood must have at least 15 home sales in the past year. The community has a small-town feel, but with all the benefits of being close to a big city, including top-notch schools, restaurants, and entertainment, making it is ideal for young families. University Park is considered one of the overall most affluent neighborhoods in Texas. Tcu-West Cliff. LUSH LANDSCAPES: The neighborhood offers the opportunity for athletic and leisure activities. . 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. Piney Point is considered a part of Houston's High-End Neighborhoods. Sep. 14, 2015. Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. 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. The poorest neighborhood? is located in southwest Harris County. REAL ESTATE APPRECIATION RATES: Home prices are well over $1M, with one of the highest 10-year land value appreciation rates in Houston. Ahwatukee Foothills. The 10 Most Beautiful Places to Live in Colorado, The 20 Best Places to Live in Nashville, TN, Tips on How to Use a HELOC To Buy Real Estate, Want to Be a Landlord? 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. Briargrove is known for its ranch-style homes on large wooded lots. The city was founded by the president of the South End Land Company, William Baldwin Wright. Southside Place homes posted great real estate and land value appreciation (with West U) in the past decade. 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. Paradise Valley is the safest place to live in Phoenix. 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. Large city complex - Southeast Texas, 50 miles inland from the Gulf Coast. PROXIMITY TO RETAIL AND ENTERTAINMENT: Retail and entertainment venues, including River Oaks Shopping Center and the Galleria, are only a short drive away. 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. 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. Contact us for a custom list of homes in these areas and make your Houston real estate investments worth it! OUTDOOR AMENITIES: Bunker Hill Village boasts several open-air recreational amenities. And then you have the wealthiest neighborhoods, where no one can afford to live. How do you quantify richer than you? Thus making Piney Point homes ideal for families looking to settle down in a tranquil setting. With over $500M real estate sales, the Houston Properties Team is the #1 Boutique Real Estate Team in Houston. If youd like to see any neighborhoods, master-planned communities or subdivisions added to this bi-annually updated watch list, please let us know. The residents of Trophy Club are typically well-educated professionals, with 97.1% holding a bachelors degree or higher. 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%. Out of the many regions, here are the 10 wealthiest neighborhoods in Texas according to the demographics recorded in the 2010 United States census. SUPERIOR LOCATION: A city within a city, Bellaire is mostly bordered by Houston. Forget Beverly Hills. 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