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. While average home values in this area tend to be slightly lower ($529k), a high per capita income keeps this beautiful, forested area one of the richest in all of Texas. The center of Dallas is 64 km southwest of Melissa. Like nearby Memorial area communities, Briargrove features updated/remodeled houses. It is home to severalmedical-related institutions, organizations, schools, and hospitals. 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. The city, located north of San Antonio, has a median household income of $181,979 and the per capita income of $78,597 per year (2015-2019). Flooding has reshaped the Houston real estate landscape and we're seeing varying trends on different segments of the housing market. 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. It is independent of the Houston Police Department. The typical home costs $615,000 with a median household income of $124,375- both higher than the state averages as well. Luxury homes are generally conserved with manicured lots. 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. I have compiled a list of the top 10 richest cities in Texas according to their median household income. Prosper is also home to the majority of the wealthiest 1% of Texans: 0.5% of its households earn more than $1 million a year, which is considerably higher than the states 0.2% share. Its newly constructed luxury homes and vintage bungalows have price tags comparable to homes in nearby West U. Loop 610, Buffalo Speedway, Braeswood Boulevard, and Main Street are only minutes away. Melissa is the last on our list of the top ten richest cities in Texas. This includes the Houston Zoo, the Houston Garden Center, and a golf course. The city also has one of the lowest unemployment rates in Texas at just 8.0%. On average, homes in Preston Hollow cost $1.2 million. Homes in the neighborhood sit on large lots, ranging from 7,000 to more than 20,000 square feet. Southlake is known for its high-income households. 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. Southlake - $240,248. 1) Hilshire Village, Texas. In addition, weve included a bit about each city to give you an idea of what makes it so successful. All Rights Reserved. Cost of Living Index 106 vs 95. With a per capita income of nearly $100k, Southlake is one of the richest cities near Dallas. Median home sale prices are based on single-family home sales. Dotting the area are upscale houses on manicured lawns. - 2018: Americas Best Real Estate Agents, RealTrends.com 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. From stunning homes and schools to unique cultural attractions, The Woodlands is a great place to live no matter what stage in life you're in! Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. TOP SCHOOLS: Among these Inner Loops best schools are Lamar High, Lanier Middle, and St. George Place Elementary School. This affluent community is located just east of Memorial Park. The daily life of a wealthy San Antonio resident can include a $4,000 annual golf . When there is reduced unemployment and poverty rate, the future of the city is given a richer look. 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. Lakeway. All median Houston home sale information was sourced by the HAR MLS database. PROXIMITY TO GALLERIA: Galleria and its hundreds of shops, bars, and restaurants are minutes away from Hunters Creek. CENTRAL LOCATION: West University enjoys close proximity to Rice University, Texas Medical Center, the Galleria, Downtown Houston, and the Museum District. 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. It is a city located within a Bexar, in Comal, and within a Kendall County in the Texas State of United States. It is also nestled along Zip Code 77024, one of Forbes' "America's Most Expensive Zip Codes.". We ranked every neighborhood in Dallas by median income from highest to lowest. This incorporated city is almost surrounded by San Antonio. The median home value in the city is $623,500, more than 3 times greater than both in Texas and the nation overall. A new list from data provider HomeSnacks ranks Terrell Hills as the richest place in . Now a look at how all the neighborhoods in Dallas ranked. Mostly known for his electric car company Tesla, space exploration company SpaceX and his recent acquisition of Twitter, Elon Musk has his eyes set on a new income stream deriving from real estate . 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. Apart from Alaska, Texas dominate the entire South-central segment of the nation and it stands without any rival as the biggest state in the area. There are plenty of jobs available in Texas, making it an attractive place to relocate for work or start a business. Get 15% off CUTS T-shirts and sweatshirts by following the link https://cuts.team/peter Josh's Insta. Piney Point is considered a part of Houston's High-End Neighborhoods. LUSH LANDSCAPES: The neighborhood offers the opportunity for athletic and leisure activities. Median house prices in Mesquite, TX are $174,725, meaning Mesquite homes are much less expensive than the US median of $376,286. 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. Owing to its central location, the neighborhood is a well-liked option. ACCESSIBLE LOCATION AND EASY COMMUTE: The district is nestled between two major employment centers and allows easy access to I-45 and Highway 59. Alamo Heights is one of the wealthiest cities within the San Antonio Metropolitan area. The top 25 wealthiest Houston-area ZIP codes are ranked by median household income. 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. We have reviewed over 400,000 home sales over the last 10 years to get a list of 2022's most exclusive neighborhoods. 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. According to D Magazine, the median household income is $511,549, which is the second-highest of all the Dallas Fort Worth neighborhoods. It is between the Houston -sugar -land -Baytown. Traditional, French, and Georgian are some of the styles of most Memorial Villages homes. Residents can also take a short drive to Montrose, Downtown, or Upper Kirby for more options. 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal With all of this and more, its no wonder. PREMIER NEIGHBORHOOD: Southampton has luxury homes and vintage bungalows. However, it is important, Read More Want to Be a Landlord? 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). - 2015: #1 Individual Agent, Keller Williams, Houston HIGH-RATED SCHOOL: Crestwood/Glen Cove is zoned to Houston ISD. It has fire and police departments, which are shared with the nearby areas. EXCELLENT LOCATION: Piney Point contains some of the city's most prestigious real estate. - 2017: #10 Individual Agent, Keller Williams, Worldwide More than half of the street names in West University Place are allusions to universities, colleges, and poets. These neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet. Boulevard Oaks' community works to preserve the area by restoring older homes and adding modern features. Notable residents. The median price of properties in this neighborhood is $2.5 million. Most of its residents are employed as civil servants in the school since The West U is a learning institution. This site uses Akismet to reduce spam. Arlington Heights. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. However, the property prices range from just under $900,000 to a staggering $19.5 million. A team approach handles these parts separately, increased foot traffic through more timely and effective showing schedule coordination; and. With a population of 12,240 people, Hillside East is the tenth richest neighborhood situated in Anchorage, Alaska. COMMUNITY: Facilities such as libraries, recreation centers, and parks make for one of Houstons most accessible communities. 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. A schoolhouse that also served as a Methodist church was the first building that was constructed in the city. LUXURIOUS AND SERENE ATMOSPHERE: Piney Point features real estate houses that give a homey and rural feel. There are many sprawling estates in this area that are hidden from view by trees, and there are also large ranch-style residences. MULTIPLE PARKS: The area is home to several parks and outdoor entertainment areas. 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. Memorial Park is also zoned to the Houston Independent School District (HISD). The prestigious East Shore is also known as The Woodlands Garden District. Bellaire is surrounded by West University Place and Houston. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. Texass topography includes warm, sandy beaches and rugged hill country, as well as deserts, forests, and mountains. Terrell Hills was named after a local bank president who served as a mayor of San Antonio, Dr. Terrell Frederick. The community features exclusive community living, accessibility, and notable schools. It is zoned to IB World Schools, including Lanier Middle and Lamar High. The area of Memorial Park features a wide range of home options, such as upscale townhomes, mansions, and patio and ranch-style homes. Go here for the full report. The area is popular for its vintage ranch-style homes and sprawling estates. Other nearby communities include Lamar Terrace and Briarmeadow (Woodlake). Here are the 10 wealthiest cities in Texas for 2021, as determined by HomeSnacks. Thus making Piney Point homes ideal for families looking to settle down in a tranquil setting. Alamo Heights is one of the wealthiest areas in Texas and is a part of the greater San Antonio Metropolitan area. It is nicknamed The Neighborhood City and is mainly a bedroom community for upper-class families. The average home in this community costs $1.66 million. When Does a Seller Get Their Money After Closing on a House. TOP-RATED SCHOOLS: The Woodlands is zoned to Conroe, Klein, Magnolia, Spring, and Tomball ISDs. 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. 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. SPRAWLING HOMES & LOTS: The neighborhood features a half-acre lot on average. Tanglewood is a wooded community in Houston featuring ranch-style homes, oak trees around the neighborhood, and exclusivity. 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. Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. Southwest Freeway is only less than ten minutes. EXCELLENT LOCATION: Ideally situated near the Uptown area and the Galleria, the neighborhood offers proximity to business and retail districts in Houston. Texas. Explore 9 neighborhoods where African American businesses districts flourished and served as examples of Black economic self-empowerment. s list of wealthiest Texas cities back in 2021. magazine recently ranked Flower Mound as the nations fourth Best Place to Live for 2021-2022. Best First Time Home Buyer Programs & Grants in NYC. 16 %. 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. In Southlake, 6% of residents live below the poverty line, less than a third of the poverty rate nationwide. 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. Southside Place has its police and fire departments. 2022: #1 Residential Real Estate Team by Sales Volume, Houston Business Journal He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. The median home value in Alamo Heights currently sits at $717,819 and the median household income of $141,048. Celina was established in 1879 and named after the first postmaster town, Celina Tennessee. 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