Four miles away from Downtown Houston, while less than 5 miles away from the Galleria. Let's take a look at the top wealthiest neighborhoods of San Antonio: 1. Important ancestries of people in Melissa include German, English, Irish, Polish, and Italian. (Read Houston's Best Schools), SECURITY:Moreover, the community has a private police force. Hillside East, Anchorage, AK. The most impressive and desirable estates sit alongside the lake, and they are also the most expensive, costing up to $18.5 million. In 2018, it was even ranked the 2nd wealthiest city in the nation based on data from the American Community Survey. There are a total of 14 billionaires in . 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. It has Bellaire to the west, Southside Place to the south, and Houston to the east and north. Melissa is a somewhat ethnically-diverse city. Near the city's major job centers and entertainment hubs. Preston Hollow is a neighborhood in North Dallas close to University Park. However, the property prices range from just under $900,000 to a staggering $19.5 million. 2021: #1 Real Estate Team, Keller Williams Memorial These neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet. 1) Hilshire Village, Texas. Residents shop at The Woodlands Mall, Market Street, Portofino Shopping Center, H-E-B, and The Woodlands Town Center. Where you'll find lawyers, and doctors, and business executives. 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. 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. Map of 25 Wealthiest Zipcodes in Texas Based on Average Adjusted Gross Income. Metro Area: Houston-The Woodlands-Sugar Land Metro Area. An upscale area located in central Dallas, this beautiful neighborhood possesses both a small-town atmosphere and big-city amenities. The median house price in the neighborhood's 77027 zip code is $892,077, while the median household income is $80,000. The greatest number of Melissa residents report their race to be White, followed by Asian. The city is also home to many large companies, including Sabre Holdings, Neiman Marcus, and Santander Consumer USA. For more Dallas reading, check out the best neighborhoods in Dallas and the worst neighborhoods in Dallas. In Southlake, 6% of residents live below the poverty line, less than a third of the poverty rate nationwide. 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. Owing to its central location, the neighborhood is a well-liked option. 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. (Read Income Needed To Buy A House in Houstons Best Neighborhoods.). The community features exclusive community living, accessibility, and notable schools. Related: The 10 Most Expensive Places to Live in Texas. The population of the city increased over the years. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. It is home to severalmedical-related institutions, organizations, schools, and hospitals. It is between the Houston -sugar -land -Baytown. Today, the city takes pride in a variety of scenic walking trails, golfing communities, kayaking trips, live music festivals, and more. Hunters Creek homes for sale fetch $2M as the median sales price. There are also some slightly more affordable options in this area, as property prices start at around $895,000. Continue on to find where your neighborhood ranks amongst the richest in Dallas. The population was 9,944 at the 2019 census. Of Dallas residents with a minimum 10-figure net worth, Jerry Jones is the wealthiest, worth an estimated $8.7 billion. Paradise Valley. Luxury homes are generally conserved with manicured lots. EXCELLENT LOCATION: Piney Point contains some of the city's most prestigious real estate. Editor's Note: We updated this article for 2022. The Royden Oaks area, in particular, is right next to the River Oaks neighborhood. All Rights Reserved. However, it is important, Read More Want to Be a Landlord? Major employers like the Valero Energy Corporation and NuStar Energy help to supply the areas job market with high-yield professions. A total of 18 billionaires live in Dallas with a combined net worth of $57.9 billion. 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. 2021: Best Houston Real Estate Team, Best of Readers Choice Rice Military borders the north side, while Upper Kirby is on the southwest of the neighborhood. 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. WELL-MAINTAINED COMMUNITY: The Afton Oaks Civic Club handles common area maintenance, deed restriction enforcement, and other services like additional security. 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. The area of Memorial Park features a wide range of home options, such as upscale townhomes, mansions, and patio and ranch-style homes. These are Lamar High, Lanier Middle, and Poe Elementary. In 1845, Texas joined the state of the Union. The area enjoys large lot sizes compared to the standards in Houston. Fair Oaks Branch can be found in three counties in the United States- Bexar County, Kendall County, and Comal County. INDEPENDENT CITY: The City of Southside Place operates a council-manager form of government. From luxury high rises to the hill country's wide-open spaces, Texas's high-dollar zip codes attract billionaires and celebrities looking to call the Lone Star state home. Briargrove is known for its ranch-style homes on large wooded lots. Melissa is the last on our list of the top ten richest cities in Texas. Along with the Highland Village, boutiques and restaurants in Westheimer and San Felipe are minutes away. The center of Dallas is 64 km southwest of Melissa. Highland Park was formerly owned by some investors from Philadelphia. Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. 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). River Oaks Shopping Area is nestled between the luxurious neighborhood of River Oaks and the vibrant community of Montrose. - 2016: #20 Individual Agent, Keller Williams, Worldwide It is nicknamed The Neighborhood City and is mainly a bedroom community for upper-class families. In addition to being one of the best places for rich people to live in America, its also the best place to live in America. The three major cities are situated along the Midtown San Antonio, Uptown San Antonio, Fort Sam Houston, and then Downtown San Antonio. 56. 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. Cost of Living Index 106 vs 95. Its also one of the safest places to live in Texas and has very low crime rates. Bellaires population was estimated at 18,593 from its 2016 population census reports. 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. COVID-19 also had an undeniable impact on home sales. Its active civic club enforces deed restrictions and architectural guidelines. Southampton is one of the Most Expensive Neighborhoods in Houston. East of the Tollway and north of 121 is home to the Chapel Creek neighborhood in Frisco. Its population was 4,878 from the 2010 population census. Here are the 10 wealthiest cities in Texas in 2021, according to HomeSnacks: 1. West University also goes by The Neighborhood City as it exudes a small-town look that makes West University homes for sale highly desired. Members of the Hunters Creek Village community enjoy an affluent, laid-back lifestyle surrounded by exquisite architecture, hiking trails, biking paths, and some of the best schools in the state. The Golden Triangle is a section in Greenwich, Connecticut that is considered to be America's wealthiest neighborhood. 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. It is also nestled along Zip Code 77024, one of Forbes' "America's Most Expensive Zip Codes.". The average home in this community costs $1.66 million. LUSH LANDSCAPES: The neighborhood offers the opportunity for athletic and leisure activities. Texas has a different landscape that is identical to both the US southern and Southwestern regions as a result of its size and geological characters as seen in the Balcones fault. Information is provided for informational purposes only. We aim to deliver bite-sized pieces of infotainment about where you live. The West University State of Texas is commonly known as the The West U. - 2018: Texas Most Influential Realtors Large city complex - Southeast Texas, 50 miles inland from the Gulf Coast. The area of Rockwall County measures 149 square miles which makes it the smallest area compared to all Texas counties. The median household income in Southlake is $240,248 and the median home value is $1.3M. List of 25 Wealthiest Zipcodes in Texas; Rank Map Key Zipcode Zip Name County Adjusted Gross Income Median Household Income; 1: 77010: Houston: Harris: $631580: $240417: 2: 75225 . Other than the location next to the lake, one of the reasons the area is so desirable is that it has one of the best elementary schools in Dallas. Hunters Creek is within the prestigious Memorial Villages. Due to its central location and proximity to major local employers, white-collar jobs make up roughly 98% of the citys local market. Southlake became a boom-burb afterward. Its no secret that Texas is big, but its probably not the first thing that comes to mind when you think of this state. Traditional, French, and Georgian are some of the styles of most Memorial Villages homes. 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal 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. Some homes feature brick cottages and Georgian homes. Bellaire - $206,734. The Royden/Afton Oaks area comprises two upscale deed-restricted communities nestled east of Loop 610 and north of Southwest Freeway. West Loop South runs through the neighborhood and connects it to Uptown Houston. The high housing costs likely contribute to the low homeownership rate of 59%. Two well-to-do Dallas-area communities, Southlake and Highland Park secured second and third place consecutively. Alamo Heights is predominantly white collar with almost 98% of the workforce employed in white-collar jobs, well above the national average. HomeSnacks is reader-supported. What's the richest neighborhood to live in Dallas for 2022? The median home value in the city is $623,500, more than 3 times greater than both in Texas and the nation overall. Moreover, homeowners can enjoy many retail stores, dining establishments, cafes, and entertainment venues around the area. 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. The neighborhood benefits from security patrols 24 hours a day and seven days a week. EXCELLENT LOCATION: As one of the Inner Loop neighborhoods, the area boasts a prime location. Each member is a specialist in their role which is why our homes sell faster and for more money than average. Likewise, an active civic organization enforces deed restrictions in the area. population was estimated at 18,593 from its 2016 population census reports. Dallas economy is fueled by telecommunications, banking/finance, and defense/aerospace/transportation equipment industries. SPACIOUS LOTS: Briargrove homes sit on mid-to-large-sized lots by Houston standards. Fair Oaks Ranch boasts one of the wealthiest metropolitan areas in all of Texas. 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. Boulevard Oaks' community works to preserve the area by restoring older homes and adding modern features. PROXIMITY TO RETAIL HUBS: Southside Place has Braes Heights Shopping Center. Most Expensively 2023. Its relatively low poverty rate also tends to make Southlake an expensive area, with home prices averaging around $1.1M. These neighborhoods offer affordable housing, good schools, and plenty of amenities. In case you're wondering, the cost of living average for all cities across the nation is 100. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. However, those who live here know that the size of Texas gives rise to quite a few wealthy citiesand the following are 10 of the richest cities in Texas according to median household income and per capita income measures. Newly available, Scout Vision Trends & Forecasts provide you this looking glass into every neighborhood in the United States. Its newly constructed luxury homes and vintage bungalows have price tags comparable to homes in nearby West U. EXEMPLARY SCHOOLS: The village is zoned to some of the best public schools in Houston. . The area contains several ofHoustons Most Expensive Neighborhoods. According to D Magazine, the median household income is $511,549, which is the second-highest of all the Dallas Fort Worth neighborhoods. 1. Located east of Loop 610 and south of I-10. 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. 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. 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%. Top 10 Richest Cities In The US Closing West University Place earned first place from the wealthiest city in Texas list. EXCLUSIVITY: The Afton Oaks Neighborhood is home to some of Houston's most expensive properties in Houston. It has a variety of stores and restaurants. The median property price in University Park is $1.7 million, although the most expensive houses in this neighborhood can cost as much as $16.5 million. 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. 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. In the 78739 zip code, home to lots of families with community parks and golf courses, that can afford the nearly million dollar price tags. Save my name, email, and website in this browser for the next time I comment. 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). Trophy Club is another one of the richest cities in Texas that is known for its acres of greenspaces, parks, golfing communities, and lake access. In fact, Highland Park is the most affluent city in Texas and the 7th . Which factors people look for when deciding where to live depends on their stage of life,, Read More The 20 Best Places to Live in Nashville, TNContinue, If you dont know what a HELOC is, dont feel stupid. 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 city was formerly an agricultural and residential hub that started in the middle of Westmoreland Farms. To qualify for this list, the neighborhood must have at least 15 home sales in the past year. Additionally, a whopping 24.4% of people living in Celina make over $200,000 per year about double the Texas per capita income. 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. - 2017: Americas Best Real Estate Agents, RealTrends.com Tcu-West Cliff. When Does a Seller Get Their Money After Closing on a House. So, there is a direct correlation between the richest areas and the most desirable. 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. The residents of Trophy Club are typically well-educated professionals, with 97.1% holding a bachelors degree or higher. Thus making Piney Point homes ideal for families looking to settle down in a tranquil setting. There is varied architecture in this area, with examples of Tudor, Mid-century, Greek Revival, and Colonial Revival-style houses. Paige Martin was just ranked as the #5 agent in the world with Keller Williams, completing over $1 Billion in Houston residential real estate sales. Hilshire Village is a small city and neighborhood located in Harris County in Texas with a median income of $66,620. The top luxury neighborhoods are also: Top performers in land value appreciation and real estate appreciation over the last 10 years. La Colonia Escondida. Furthermore, certain areas command a premium. ACTIVE HOMEOWNERS ASSOCIATION: Briargrove's HOA enforces the community's deed restrictions. Hunters Creek is one of the most affluent and expensive neighborhoods in the state of Texas. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. 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. Most of the neighborhoods here are also among Houston's Most Accessible Neighborhoods. In every city, there are desirable areas and locations that people want to avoid, and this applies to Dallas, Texas. 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