These are Lamar High, Lanier Middle, and Poe Elementary. The towns estimated median household income of $146,733 is more than double the states $61,874. Near the city's major job centers and entertainment hubs. This small town of just 9.324 km, has a population of about 18,815 people. Hermann Park, located just a short drive away, offers more options. To help answer the question where can I afford to live in Houston?, we analyzed median home prices for 52 top neighborhoods and estimated salary requirements to live in each. In this video, we explore LA's richest neighborhoods. The area of Memorial Park is one of the most renowned neighborhoods within the Inner Loop. West University Place is a city within a city, subdivided into 26 sections called blocks. The population was 31,292 at the 2019 census. 2022: #1 Residential Real Estate Team by Sales Volume, Houston Business Journal Located in Bexar County and part of the San Antonio metropolitan area, Fair Oaks Ranch is the wealthiest city in Texas. Sectioned to either Houston's Top Suburbs or Inner Loop's Best Neighborhoods. So, there is a direct correlation between the richest areas and the most desirable. Highland Park - DFW Richest Neighborhood The Dallas metro region, which includes Fort Worth, has 7.2 million residents and is similarly expansive to Los Angeles. It is part of the San Antonio Metropolitan Statistical Area. Arlington Heights. The prestigious East Shore is also known as The Woodlands Garden District. Many of them were built in the 1920s, but there are plenty of newer homes to choose from as well. Contact us for a custom list of homes in these areas and make your Houston real estate investments worth it! 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. Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. It features some of the most expensive real estate in Houston. 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. Additionally, its top-rated school systems and low crime . So without further ado, here are your top 10 richest cities in Texas! Some of these schools include Memorial High School, Memorial Drive Elementary, and Kinkaid School. It is a neighborhood that attracts affluent families, as the Highland Park School District falls within the boundaries of this neighborhood, and it is one of the most highly rated schools in Texas. is located in southwest Harris County. 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. It is one of the smallest cities in Texas. Apart from the wealthy person vibe gotten from such cities, there are other numerous benefits to boast of. Paradise Valley is the safest place to live in Phoenix. The residents are having occupations which made it have a low rate of unemployment. The area of Rockwall County measures 149 square miles which makes it the smallest area compared to all Texas counties. 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 Crestwood/ Glen Cove area is one of Houston's top luxury neighborhoods. The residents of Trophy Club are typically well-educated professionals, with 97.1% holding a bachelors degree or higher. According to D Magazine, the median household income is $511,549, which is the second-highest of all the Dallas Fort Worth neighborhoods. Major employers like the Valero Energy Corporation and NuStar Energy help to supply the areas job market with high-yield professions. The median home value in the city is $623,500, more than 3 times greater than both in Texas and the nation overall. However, the property prices range from just under $900,000 to a staggering $19.5 million. - 2019: #5 Individual Agent, KW Worldwide - 2014: #1 Individual Agent, Keller Williams Memorial. - 2015: #1 Individual Agent, Keller Williams, Houston Amenities include resort-style pools, Mercer Arboretum, a playground, and grand rooms for events. Hunters Creek is within the prestigious Memorial Villages. Alamo Heights - $141,048. 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. Tenth Street Historic DistrictDallas, Texas . Thus making Piney Point homes ideal for families looking to settle down in a tranquil setting. Texas is ranked twenty-fifth among US states by median household income, with a per capita income of $19,617 (2000). While Southlake has a relatively low unemployment rate of 3.4%, it is also one of the most expensive cities in Texas. Hillside East is located in the Borough of Anchorage. Due to the diversity of the properties, the price range is also wide, with homes costing between $305,000 and $11.9 million. Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. - 2016: #1 Individual Agent, Keller Williams, Houston To qualify for this list, the neighborhood must have at least 15 home sales in the past year. It has Bellaire to the west, Southside Place to the south, and Houston to the east and north. The city was formerly an agricultural and residential hub that started in the middle of Westmoreland Farms. You can also take your children to Exall Park, which has a swimming pool, tennis courts, and jogging trails. We aim to deliver bite-sized pieces of infotainment about where you live. Learn These Five HabitsContinue. River Oaks is located within the Inner Loop and is one of the most exclusive neighborhoods in the United States. Residents can also take a short drive to Montrose, Downtown, or Upper Kirby for more options. Or, for living around Dallas, out the best Dallas suburbs and the worst Dallas suburbs. Save my name, email, and website in this browser for the next time I comment. It is nicknamed The Neighborhood City and is mainly a bedroom community for upper-class families. 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal ACCESSIBILITY: Bunker Hill's main roads, like Memorial Drive and Gessner Road, go through the neighborhood. It is between the Houston -sugar -land -Baytown. The name Rockwall is derived from the subterranean rock formation that surrounds the county. Its also one of the safest places to live in Texas and has very low crime rates. Other areas of interest are the Seymour Lieberman Exercise Trail and the Houston Arboretum and Nature Center. Texas. This year's list of Houston's most expensiveareas features a lot of familiar names. Lakewood is a neighborhood that sits alongside White Rock Lake, so there are water views from many of the homes in this area. Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. According to Home Snacks, the median household income in this neighborhood is $114,929. EXCELLENT LOCATION: As one of the Inner Loop neighborhoods, the area boasts a prime location. Old Enfield is the richest neighborhood in Austin. These local amenities typically attract nature-loving residents who want the best parts of an affluent city life without the inner city prices. Of Dallas residents with a minimum 10-figure net worth, Jerry Jones is the wealthiest, worth an estimated $8.7 billion. The typical home costs $615,000 with a median household income of $124,375- both higher than the state averages as well. Piney Point is recognized as the wealthiest town in Texas based on its annual average income. The swankiest neighborhood in Dallas is University Park, ZIP code 75205, an area known for its attractive homes, beautiful parks and many churches. It has a variety of stores and restaurants. Where are those places today - the ones that look like Nantucket in 1970? The towns namesake, Southern Methodist University, attracts students and young professionals alike, keeping the resident base young and well-educated. The states three largest metropolitan areas are Greater Houston (6.8 million), Greater Dallas (6.9 million), and Greater Austin (2 million). Editor's Note: We updated this article for 2022. Texas has the following boundaries with the other states in the US. Southlake is known for its high-income households. In economy, Bellaire City has light industrial, mixed-use of public and private uses and then the commercial properties. Highland Park The richest city in Texas is Highland Park. It's located five miles north of Dallas. The citys wealthiest residents are employed at major companies like Valero Energy Corp., Tesoro Corp., and NuStar Energy, which are headquartered there. 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 . The average median household income has increased 12% over a five-year period to $126,966 in 2018 from $112,255 . Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. Every city has it's best neighborhoods -- where everyone wants to live -- and the worst neighborhoods -- where no one wants to live. Southwest Freeway is only less than ten minutes. This includes the Houston Zoo, the Houston Garden Center, and a golf course. - 2016: #20 Individual Agent, Keller Williams, Worldwide Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology. According to the most recent census data, University Park looks to be the richest Dallas neighborhood to live in. There are many different styles available, with some properties built in the 1950s and the more recent in the last few years. - 2018: Texas Most Influential Realtors PROXIMITY TO BUSINESS: The neighborhood is just off to Galleria/Uptown area and Upper Kirby/Greenway Plaza. There is an overwhelming amount of information out there about the most luxurious homes and neighborhoods in Houston. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. PROXIMITY TO GALLERIA: Galleria and its hundreds of shops, bars, and restaurants are minutes away from Hunters Creek. There are several notable private schools nearby as well. Homes further away from the lake and on less substantial plots can cost closer to $425,000, but the average listing price in this area is $1.2 million. These are the 10 richest neighborhoods in Austin. T H Rogers School has 10 out of 10 great school ratings. This incorporated city is almost surrounded by San Antonio. Paige also serves a variety of non-profits, and civic and community boards. Map of 25 Wealthiest Zipcodes in Texas Based on Average Adjusted Gross Income. Highland Park is one of the most affluent areas in north Dallas. This is mostly because of its convenient location, accessibility, and atmosphere. Richest Dallas neighborhood to live in Phoenix White rock Lake, so there are other numerous benefits boast..., next luxury, Wanderlog, NurseJournal, NewsBreak, ThaiWare, and atmosphere an $! 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