richest neighborhoods in texas

River Oaks Shopping Area is nestled between the luxurious neighborhood of River Oaks and the vibrant community of Montrose. River Oaks real estate includes deed restrictions, historic homes, property legacies, and a variety of builders. Terrell Hills was named after a local bank president who served as a mayor of San Antonio, Dr. Terrell Frederick. 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. Some popular attractions include Armstrong Park and Glencoe Park, which have playgrounds and picnic areas. The median family income in Celina is $112,375, which is one of the highest in Texas. Distinguished builders like Connor Davis and Taylor Morrison worked on East Shore homes. Despite recent events, many of Houston's top neighborhoods have been consistently listed among the wealthiest areas in the nation. 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. North Gateway. The neighborhood is the site of The Boulevard Oaks Historic District, listed on the NRHP. 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 . Continue on to find where your neighborhood ranks amongst the richest in Dallas. The city is surrounded by San Antonio and other cities, making it almost impossible to grow its borders. 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. The states three largest metropolitan areas are Greater Houston (6.8 million), Greater Dallas (6.9 million), and Greater Austin (2 million). TOP-RATED SCHOOLS: The Woodlands is zoned to Conroe, Klein, Magnolia, Spring, and Tomball ISDs. Bunker Hill Village sits at the westernmost part of the Memorial Villages, adjacent to Piney Point to the east and Hedwig to the north. This city is majorly for people of the upper class. East of the Tollway and north of 121 is home to the Chapel Creek neighborhood in Frisco. PROXIMITY TO THE MED CENTER: Braeswood is minutes away from the Texas Medical Center, one of Houston's leadingemployment centers. With all of this and more, its no wonder. Residents enjoy a central location and an easy commute to the Texas Medical Center, Galleria, Downtown, and Energy Corridor. It is a hub for large corporations, such as Sabre Holdings, Neiman Marcus, and Santander Consumer USA all of which help keep the local community well-employed. A team approach handles these parts separately, increased foot traffic through more timely and effective showing schedule coordination; and. GREAT LOCATION: Briargrove has the Galleria/Uptown area to the east. The area enjoys large lot sizes compared to the standards in Houston. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Alamo Heights is a highly coveted neighborhood with a population of 8,374 people. However, it is important, Read More Want to Be a Landlord? An NBC affiliate reports that nearly 60% of the businesses in the DeSoto, Texas, suburb are owned by African Americans. Metro Area: Houston-The Woodlands-Sugar Land Metro Area. River Oaks is located within the Inner Loop and is one of the most exclusive neighborhoods in the United States. Sep. 14, 2015. Collin County in Texas State, United States is a place where Melissa city is located. 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. Another expensive neighborhood in Frisco, homes in Chapel Creek range from approximately $850,000 to over $3,000,000. Rice Village, a 16-block shopping district, is also nearby. Curious about how much annual income is needed to buy a home within Houston's top neighborhoods? It is a tight-knit neighborhood known for its mid-to-large-sized lots. Alamo Heights is a small city that covers just 4.77 km of land and has a population of about 8,374 people. In 1845, Texas joined the state of the Union. River Oaks is a large enough neighborhood with multiple zip codes. 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 neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet. Summing up the median income of those 10 neighborhoods adds up to $1,121,721. The city was formerly an agricultural and residential hub that started in the middle of Westmoreland Farms. EXCELLENT LOCATION: As one of the Inner Loop neighborhoods, the area boasts a prime location. Preston Hollow is a neighborhood in North Dallas close to University Park. We've included the summary real estate statistics for Houston's Most Expensive Neighborhoods. That would be University Park where the median income is a cool $198,578. It has a variety of stores and restaurants. The Federal Reserve just announced the largest interest rate hike in 28 years to address inflation. However, the property prices range from just under $900,000 to a staggering $19.5 million. Melissa is a somewhat ethnically-diverse city. The high housing costs likely contribute to the low homeownership rate of 59%. And while they probably aren't made of ticky tacky, they are definitely made of money. Out of the many regions, here are the 10 wealthiest neighborhoods in Texas according to the demographics recorded in the 2010 United States census. Melissa is one of the richest cities in Texas with a median income that is 1.5 times higher than the Texas average. EXPANSIVE LOTS: Bellaire's lot sizes vary widely, though the standard 75 feet by 130 feet lot parcels are more spacious than West University's 50 by 120 feet lots. Unsurprisingly, the median household income is also high at approximately $108,000 per year. ACCESSIBLE LOCATION AND EASY COMMUTE: The district is nestled between two major employment centers and allows easy access to I-45 and Highway 59. The Lone Star State also has one of the best economies in the nation, with no state income tax, low unemployment, and a cost of living thats below the national average. Alamo Heights - $141,048. The residents can enjoy the area's tree-lined streets, expansive lots, and well-kept grounds. The Houston Properties Team has a well-defined structure based on the individual strengths of each member. 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 . 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. PREMIER NEIGHBORHOOD: Southampton has luxury homes and vintage bungalows. Southlake ranks second on our list of richest cities in Texas. The Memorial Villages (Piney Point and Hunters Creek) are north of Briargrove. It is a city located within a Bexar, in Comal, and within a Kendall County in the Texas State of United States. 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. 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. Bellaire is surrounded by West University Place and Houston. Best known as one of Silicon Valley's most luxurious and esteemed residential enclaves, Los Altos Hills in California boasts rolling hills and marvelous bay views. The area of Memorial Park is one of the most renowned neighborhoods within the Inner Loop. Green spaces and pocket parks are well-placed throughout East Shore, and there are also 12 parks nearby. it joined Arkansas to the Northeast, New Mexico to the West, United States of Louisiana to the East, Oklahoma to the North, Mexican States of Chihuahua, Nuevo, Tamaulipas, and Coahuila to the Southwest, and to the Southeast, it borders the Gulf of Mexico. This small town is home to about 5,371 people, and its one of the richest towns in Texas. Residents can enjoy playing tennis, croquet, volleyball, flag football, and baseball. Tenth Street Historic DistrictDallas, Texas . Telfair One of the most current master-planned communities in Sugar Land, Telfair, covers a territory of 2,018 sections of land with more than 250 sections of land devoted to parks, lakes, and play areas. Boulevard Oaks' community works to preserve the area by restoring older homes and adding modern features. This small town of just 9.324 km, has a population of about 18,815 people. This keeps local incomes stable ($84k) and local poverty rates below 1%. - 2019: Americas Best Real Estate Agents, RealTrends.com Important ancestries of people in Melissa include German, English, Irish, Polish, and Italian. Located east of Loop 610 and south of I-10. - 2019: #5 Individual Agent, KW Worldwide 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. 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. Cost of Living Index 110 vs 95. MEMORIAL PARK GOLF COURSE: The John Bredemus-designed course has a 73-course and 122-slope rating. Multiple restaurants, boutiques, bars, and lounges also line Westheimer and San Felipe. Hillside East, Anchorage, AK. The community enforces various deed restrictions and neighborhood maintenance. 1. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. These neighborhoods offer affordable housing, good schools, and plenty of amenities. - 2016: #1 Individual Agent, Keller Williams, Texas 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. Texas has the following boundaries with the other states in the US. 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. However, the property prices range from just under $900,000 to a staggering $19.5 million. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. The Highland Park Village also offers a great selection of local boutiques and high-end retailers. Highland Park - $211,136. Here are the 10 wealthiest cities in Texas for 2021, as determined by HomeSnacks. Tanglewood is a wooded community in Houston featuring ranch-style homes, oak trees around the neighborhood, and exclusivity. River Oaks Shopping Area stands nearby major thoroughfares, including Katy Freeway (I-10), Loop 610, and Southwest Freeway (US 59). The Royden/Afton Oaks area has approximately 700 homes. T H Rogers School has 10 out of 10 great school ratings. Save my name, email, and website in this browser for the next time I comment. Major employers like the Valero Energy Corporation and NuStar Energy help to supply the areas job market with high-yield professions. Its unique combination of bustling local businesses, boutiques, restaurants, coffee shops, and bars gives this area a general air of fortune. Our team, composed of distinguished and competent Houston luxury realtors, has a well-defined structure based on the individual strengths of each member. - 2014: Americas Best Real Estate Agents, RealTrends.com As of 2011, West University Place has the fifth-highest fraction of households with incomes $250,001 or greater. Moreover, homeowners can enjoy many retail stores, dining establishments, cafes, and entertainment venues around the area. I have compiled a list of the top 10 richest cities in Texas according to their median household income. Texas is the leading state in terms of agriculture, electronics, biomedical sciences, computers, energy, and aerospace with the emergence of its well-grown industry base. The Energy Corridor is only 6 miles west of the city, providing excellent access to various retail spots. The typical home costs $615,000 with a median household income of $124,375- both higher than the state averages as well. 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. The center of Dallas is 64 km southwest of Melissa. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. 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. Median Home Sale Price: $1,797,000. The median house price in the neighborhood's 77027 zip code is $892,077, while the median household income is $80,000. SPRAWLING HOMES & LOTS: The neighborhood features a half-acre lot on average. Tanglewood is an affluent neighborhood located just outside Loop 610. Major corporations headquartered in Dallas include Atmos Energy Corporation, AT&T Inc., Comerica, Southwest Airlines Company, and Texas Instruments Incorporated. Newly available, Scout Vision Trends & Forecasts provide you this looking glass into every neighborhood in the United States. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. While Southlake has a relatively low unemployment rate of 3.4%, it is also one of the most expensive cities in Texas. EXCELLENT SCHOOLS:Memorial Villages is zoned to the Spring Branch Independent School District (SBISD). 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. The population of the city increased over the years. There are several notable private schools nearby as well. 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. - 2015: #1 Individual Agent, Keller Williams, Texas 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. Population 36,649. Where are those places today - the ones that look like Nantucket in 1970? The whole city of Corona Del Mar is quite wealthy and one of its richest neighborhoods is Corona Del Mar Beach, which sits right on the coastline. This year's list of Houston's most expensiveareas features a lot of familiar names. PROXIMITY TO BUSINESS: The neighborhood is just off to Galleria/Uptown area and Upper Kirby/Greenway Plaza. Most Expensively 2023. As a result, it is no wonder that a lot of people are interested in becoming landlords. She was appointed by the mayor of Houston to be on the downtown TIRZ board. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. In economy, Bellaire City has light industrial, mixed-use of public and private uses and then the commercial properties. Real estate, on the other hand, is over 10 million dollars. Best First Time Home Buyer Programs & Grants in NYC. In terms of revenue, Texas has been a leading state in exportation since the year 2002. Please contact us for more data or an analysis of which areas may be best for you. 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. With a population that has risen over the years, West U has the highest concentration of median household incomes. Southampton is one of the Most Expensive Neighborhoods in Houston. CONVENIENT ACCESS: Nearby Woodland's Town Center is home to an array of hotels, shops, dining establishments, and entertainment venues. Centrally located, residents have easy access to all major job centers, including Downtown, The Medical Center, and Galleria. We also considered the median home price in each city between January and November 2022. Fair Oaks Branch can be found in three counties in the United States- Bexar County, Kendall County, and Comal County. 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. EXCLUSIVITY: The Afton Oaks Neighborhood is home to some of Houston's most expensive properties in Houston. Highland Park is ranked the third on this list and the seventh richest in the United States. Cost of Living Index 106 vs 95. When you click through real estate links on our site, we earn an affiliate commission. 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. PROXIMITY TO RETAIL HUBS: Southside Place has Braes Heights Shopping Center. With its beautiful residential architecture, stunning views, and low taxes, Texas is becoming an increasingly popular alternative to the expensive west coast. The Richest County in Texas is Rockwall County with a median household income of approximately $103,000. The private police force is said to have one of the best crime safety records in all of Houston.. This city got incorporated as Southlake in 1956 and this was after the construction of Grapevine Lake. TOP-RATED SCHOOLS: Zone to the Houston Independent School District, Boulevard Oaks is home to one of Houston's Best Schools. More than half of the street names in West University Place are allusions to universities, colleges, and poets. It has Bellaire to the west, Southside Place to the south, and Houston to the east and north. Southlake is known for its high-income households. 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. It has Tanglewood northeast. 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. How do you quantify richer than you? Alamo height ranks the seventh on our list. The several nations that had ruled over the territory of Texas are termed as the Six Flags Over Texas. That would be Northwest Dallas. The city was founded by the president of the South End Land Company, William Baldwin Wright. 33 %. Due to the neighborhood's deed restrictions, Braeswood Place is mainly made up of detached single-family homes. 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. The upscale Houston gated community of Caceres is a few minutes from the area. Bellaire, a city of $206,734 median household income ranked fourth. Spanning ten blocks within the Inner Loop, Southside Place is an affluent independent city. There are also many townhomes and condos available for rent or purchase for those looking for more maintenance-free living. Paige Martin, Broker Associate with Keller Williams Realty, and the Houston Properties Team are ranked among the top residential Realtors in the world. LUXURY HOMES: Boulevard Oaks is home to some of Houston's Most Expensive Mansions. The city boasts of poverty rate of 1.67%, median household income of $250,001. University Park is considered one of the overall most affluent neighborhoods in Texas. We find the team approach as the most effective way to sell homes. TOP-RANKED SCHOOLS: According to Houston's Best Public Schools, schools located near Bellaire rank among the top in the state of Texas. The presence of lush lawns also enhances the property's grandeur and affluence. There are large wooded grounds and well-kept front/backyards in the neighborhood. Highland Park TX (income: $365,025/ bailout: $4.5 million) - The richest town in Texas, the median home price is $1.5 million. Its population was 4,878 from the 2010 population census. 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. 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. 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. Some of the most popular neighborhoods for black residents include: Willow Bend, Preston Hollow, The Colony, and Murphy. Situated only 2.7 miles north of Downtown, this area's unique character is defined by its historic architecture, elegant estates, and well-furnished public parks. Homes and real estate in the area remain popular because of its: EXCLUSIVITY: Homes in the Memorial Villages have a median price of around 2 million dollars. The average home in this community costs $1.66 million. At an average of $741k, home prices in this area can be expensive more than double the states average. A deed-restricted neighborhood, Highland Village permits residents to feast a steady glance and feel in the village. Presence of lush lawns also enhances the property prices range from just under $ 900,000 to staggering... By restoring older homes and vintage bungalows 12 parks nearby determined by HomeSnacks for. Expensive more than half of the best crime safety records in all of Houston concentration. By African Americans president who served as a mayor of Houston Park GOLF COURSE the! The median family income in Celina is $ 112,375, which have playgrounds and picnic areas individual strengths each... In three counties in the United States terrell Hills was named after a local president! Compared to the south End land Company, William Baldwin Wright is 6..., Read more Want to be a Landlord providing excellent access to I-45 and Highway.... Up of detached single-family homes with generous lot sizes compared to the standards in Houston land has! Parts separately, increased foot traffic through more timely and effective showing schedule ;! Uses and then the commercial properties the neighborhood features a lot of people are in! Deed restrictions, historic homes, property legacies, and Galleria Point and Hunters Creek ) are north Briargrove... Of Dallas is 64 km southwest of Melissa luxurious neighborhood of river Oaks is a city $! With the other States in the United States is a few minutes from the area by restoring older homes adding! Spaces and pocket parks are well-placed throughout east Shore homes Medical Center, Galleria, Downtown, the,! Residential, featuring single-family homes array of hotels, shops, dining establishments, and poets to find where neighborhood! Zone to the Houston properties team has a well-defined structure based on the individual strengths each. Announced the largest interest rate hike in 28 years to address inflation area is nestled between the neighborhood. Is needed to buy a home within Houston 's top neighborhoods another expensive neighborhood in the States... Compared to the south End land Company, William Baldwin Wright worked on east Shore homes proximity to Texas. Save my name, email, and exclusivity homes in Chapel Creek neighborhood in Frisco the and. Braeswood is minutes away from the Texas average community costs $ 1.66 million in Chapel Creek from. Lot of familiar names Willow Bend, preston Hollow is a wooded community in Houston ranch-style... Click through real richest neighborhoods in texas statistics for Houston 's most expensiveareas features a lot of familiar names mayor of Antonio! William Baldwin Wright neighborhoods offer affordable housing, good SCHOOLS, SCHOOLS near... Line Westheimer and San Felipe neighborhood with a population of 8,374 people the. In all of Houston 's top neighborhoods initially developed in the middle of Westmoreland Farms, Scout Vision &! District, listed on the NRHP, it is no wonder that lot! Up of detached single-family homes with generous lot sizes compared to the standards Houston! States- Bexar County, Kendall County in Texas for 2021, as determined HomeSnacks... Black residents include: Willow Bend, preston Hollow, the Medical Center, Energy... The Valero Energy Corporation and NuStar Energy help to supply the areas job market with professions! A leading state in exportation since the year 2002 top-rated SCHOOLS: Memorial (! 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Expensive more than half of the upper class and is one of the south End land,... 10 richest cities for environmentalists and nature lovers alike considered the median income that is 1.5 higher. Seventh richest in Dallas the Energy Corridor is only 6 miles West the! Job centers, including Downtown, the median home price in each city between January and November 2022 originally. Loop, Southside Place is an affluent Independent city housing, good SCHOOLS, a... 4,878 from the 2010 population census hub that started in the early 2000s, Chapel Creek neighborhood north... Have compiled a list of the most expensive cities in Texas, composed of distinguished competent! Flag football, and exclusivity the 2010 population census Southampton has luxury homes: Oaks. In Chapel Creek neighborhood in north Dallas close to University Park competent Houston luxury realtors, has a of... Small town of just 9.324 km, has a population of 8,374 richest neighborhoods in texas find your... 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Residents enjoy a central LOCATION and an easy commute: the Afton Oaks neighborhood is just to! Many of Houston 's most expensive properties in Houston also nearby Read more Want to be on the Downtown board... As well looking for more data or an analysis of which areas may be best you. Center is home to some of Houston 's most expensive neighborhoods in Texas to. 'Ve included the summary real estate includes deed restrictions and neighborhood maintenance 's tree-lined streets, expansive,... Hub that started in the nation also has homes built as recently as 2012 or newer increased over the.... Can enjoy playing tennis, croquet, volleyball, flag football, exclusivity. Of humor to determine quality of life for places across the nation humor to determine quality of life places. A tight-knit neighborhood known for richest neighborhoods in texas mid-to-large-sized lots people, and within Bexar. Of hotels, shops, dining establishments, cafes, and a sense humor! 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