The community spans 1,100 acres south of the Buffalo Bayou. We used science and data to determine which Dallas neighborhoods have the richest people. Shopping and dining are only a few minutes away from residents' homes. TOP-RATED SCHOOLS: Zone to the Houston Independent School District, Boulevard Oaks is home to one of Houston's Best Schools. The neighborhood is the site of The Boulevard Oaks Historic District, listed on the NRHP. - 2015: Top 25 Residential Realtors in Houston, HBJ Collin County in Texas State, United States is a place where Melissa city is located. Hermann Park, located just a short drive away, offers more options. Explore 9 neighborhoods where African American businesses districts flourished and served as examples of Black economic self-empowerment. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Compared to Texas, Richardson home prices are more expensive than the state's average of $266,490. (See Income Needed To Live In Houstons Top Neighborhoods). Some townhomes in the area feature smaller floor areas, around 1,500 to 2,000 square feet. The population was 9,944 at the 2019 census. These are the wealthiest neighborhoods that Dallas has to offer. Arlington Heights. The per capita income in Melissa is $38,134, which is wealthy relative to Texas and the nation. Bellaireis located in southwest Harris County. Southlake, Texas is one of the richest cities in the nation with a median income of $240,248. Flooding has reshaped the Houston real estate landscape and we're seeing varying trends on different segments of the housing market. Ten-year appreciation rates compare 2010 to 2020 and are based on the median sales price. 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 . That would be University Park where the median income is a cool $198,578. View Map of 25 Poorest Zipcodes in Texas. Due to its central location and proximity to major local employers, white-collar jobs make up roughly 98% of the citys local market. These are Lamar High, Lanier Middle, and Poe Elementary. Terrell Hills (San Antonio) Population: 5,371 Rank last year: 1 Median household income: $181,979 Unemployment. I have compiled a list of the top 10 richest cities in Texas according to their median household income. TOP-RANKED SCHOOLS: The neighborhood boasts access to River Oaks Elementary and premier private schools. Lakewood is a neighborhood that sits alongside White Rock Lake, so there are water views from many of the homes in this area. Trails along the lakeshore connect East Shore parks. It is one of Houston's Most Expensive Neighborhoods along Southwest Freeway. The most impressive and desirable estates sit alongside the lake, and they are also the most expensive, costing up to $18.5 million. With all of this and more, its no wonderMoneymagazine recently ranked Flower Mound as the nations fourth Best Place to Live for 2021-2022. The city is surrounded by San Antonio and other cities, making it almost impossible to grow its borders. 1) Hilshire Village, Texas. To qualify for this list, the neighborhood must have at least 15 home sales in the past year. 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 . Therefore, well-known schools are accessible in the area. Dallas economy is fueled by telecommunications, banking/finance, and defense/aerospace/transportation equipment industries. 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). - 2018: Americas Best Real Estate Agents, RealTrends.com It is home to severalmedical-related institutions, organizations, schools, and hospitals. - 2016: Top 25 Residential Realtors in Houston, HBJ The city is also home to many large companies, including Sabre Holdings, Neiman Marcus, and Santander Consumer USA. As of 2011, West University Place has the fifth-highest fraction of households with incomes $250,001 or greater. TOP-RATED SCHOOLS: Braeswood is zoned to some of Houston ISD's best schools, including Twain Elementary, Pershing Middle School, Bellaire High School, and Lamar High School. 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. Although the property price range in Forest Court is quite broad, with houses costing anything from under $500,000 to $7.5 million, the median price is $2 million in this neighborhood. It is part of the San Antonio Metropolitan Statistical Area. 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. Its no secret that Texas is big, but its probably not the first thing that comes to mind when you think of this state. The community is very walkable and tree-lined with beautiful homes and landscaping. In addition, weve included a bit about each city to give you an idea of what makes it so successful. GREAT ACCESSIBILITY: Bellaire homes are near main roads and freeways including Loop 610, Southwest Freeway, Bissonnet Street, and Bellaire Boulevard. Southlake is known for its high-income households. The median house price in Greenway Parks is around $700,000. 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. Boulevard Oaks is an old luxury neighborhood made up of 21 subdivisions. Houston is the city with the second most billionaires with the highest combined net worth in Texas. The citys wealthiest residents are employed at major companies like Valero Energy Corp., Tesoro Corp., and NuStar Energy, which are headquartered there. Save my name, email, and website in this browser for the next time I comment. River Oaks is a large enough neighborhood with multiple zip codes. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. In Southlake, 6% of residents live below the poverty line, less than a third of the poverty rate nationwide. Many of the residences in this neighborhood are ranch-style properties, although there are also some new-builds with a contemporary style. 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. MULTIPLE PARKS: The area is home to several parks and outdoor entertainment areas. Those who live in Bluffview can probably afford the high property prices. Each Houston Properties Team member is a specialist in their rolewhich is why our homes sell faster and for more money than average. Related: The 10 Most Expensive Places to Live in Texas. 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. EXCELLENT LOCATION: Ideally situated near the Uptown area and the Galleria, the neighborhood offers proximity to business and retail districts in Houston. In 2018, it was even ranked the 2nd wealthiest city in the nation based on data from the American Community Survey. Located 28 miles north of Houston, The Woodlands is one of Houstons Best Suburbs. The residents are having occupations which made it have a low rate of unemployment. Texas is ranked twenty-fifth among US states by median household income, with a per capita income of $19,617 (2000). Using census and extrapolated BLS data, we ranked every neighborhood based on income levels. Piney Point is a haven for homebuyers who love classic elegance and serenity. Thus, a variety of amenities are accessible to the neighborhood. PROXIMITY TO HOUSTONS BEST RETAIL: Afton Oaks is just across from The Galleria, which has over 350 retail stores and establishments. - 2018: #1 Individual Agent, Keller Williams, Texas More than half of the street names in West University Place are allusions to universities, colleges, and poets. Southampton real estate has shown impressive appreciation rates through the years. Residents enjoy a central location and an easy commute to the Texas Medical Center, Galleria, Downtown, and Energy Corridor. Many companies are also nestled around the neighborhood, making Piney Point a good location for career growth. 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. - 2014: #1 Individual Agent, Keller Williams Memorial. EXCLUSIVITY: Some of Houstons most expensive real estate are in the areas of Glen Clove and Crestwood. The sizes range from 7,000 to 10,000 square feet. A. Jayson Adair, $1.0. West University Place is located within the Houston-Sugar Land metropolitan area and called West U for short. 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. The people who call Melissa home describe themselves as belonging to a variety of racial and ethnic groups. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. Spanning ten blocks within the Inner Loop, Southside Place is an affluent independent city. TOP RANKED SCHOOLS: River Oaks homes are zoned to the Houston Independent School District (HISD). The top luxury neighborhoods are also: Top performers in land value appreciation and real estate appreciation over the last 10 years. These neighborhoods offer affordable housing, good schools, and plenty of amenities. LUXURY HOMES: Boulevard Oaks is home to some of Houston's Most Expensive Mansions. HISTORIC ARCHITECTURE: Homes in Boulevard Oaks feature a wide array of architectural designs. Hunters Creek is within the prestigious Memorial Villages. Get the advice of our luxury realtors - we care more. We have reviewed over 400,000 home sales over the last 10 years to get a list of 2022's most exclusive neighborhoods. Russwood Acres is a highly desirable neighborhood in Dallas, where the median listing price is $1.28 million. Grogan's Mill is also the home of one of the fastest-growing luxury neighborhoods in The Woodlands. The more expensive zip code area is 77019, where the median home value of River Oaks homes is $980,008, and . LAND VALUE: Add up to its exclusiveness and charm, its HOA (Highland Village Civic Club) has helped keep an invigorating yet private atmosphere. The neighborhood with the highest median income, University Park, was named the richest neighborhood in Dallas. How do you quantify richer than you? 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? Briargrove is known for its ranch-style homes on large wooded lots. We aim to deliver bite-sized pieces of infotainment about where you live. There are many different styles available, with some properties built in the 1950s and the more recent in the last few years. During the era of World War II, four major countries designed the economy of Texas historically, also the cattle industry stands as a major economic driver for the State before and after the US civil war. There are plenty of jobs available in Texas, making it an attractive place to relocate for work or start a business. Map of 25 Wealthiest Zipcodes in Texas Based on Average Adjusted Gross Income. Located east of Loop 610 and south of I-10. Editor's Note: We updated this article for 2022. Most of the properties in Russwood Acres were built during the 1960s, so 60s architecture is prominent throughout the neighborhood. (Read Houston's Best Schools), SECURITY:Moreover, the community has a private police force. 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. - 2016: Five Star Realtor, Featured in Texas Monthly Out of the many regions, here are the 10 wealthiest neighborhoods in Texas according to the demographics recorded in the 2010 United States census. Texas counties ranked by per capita income[ edit] Note: Data is from the 2010 United States Census Data and the 2006-2010 American Community Survey 5-Year Estimates. WELL-MAINTAINED COMMUNITY: The Afton Oaks Civic Club handles common area maintenance, deed restriction enforcement, and other services like additional security. It is also close to other upscale neighborhoods, such as River Oaks District and Highland Village. 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. The Highland Park Village also offers a great selection of local boutiques and high-end retailers. EXCELLENT ACCESSIBILITY: The neighborhood has immediate access to and from multiple Houston hubs like the Galleria and Downtown. Cordillera Ranch Median Home Value: $989.9K Home Price Per Sq Ft: $300 Population: 1,200 Average Household Income: $190,000 Cordillera Ranch is a luxury master-planned community spread across 8,700 acres of unrivaled Texas Hill Country splendor. It exhibits strong appreciation rates every year. Fair Oaks Ranch boasts one of the wealthiest metropolitan areas in all of Texas. 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. 1. 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 cities of Houston and West University place surrounded Bellaire City in Texas. The center of Dallas is 64 km southwest of Melissa. But where exactly in Dallas do the richest of the rich people live? Hunters Creek homes for sale fetch $2M as the median sales price. And by no one, we really mean you because there's always someone richer than you. This sought-after zip code gives you access to quaint, safe, quiet tree-lined streets featuring homes with 6,500 square feet in living space. Diversification of the economy and high technology industries increased the Texas economy in the mid 20th century. 24/7 SECURITY: Boulevard Oaks has private security provided by the Houston Police and Harris County officers. Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest. Median home prices and household incomes vary. The development of Prosper City accelerated when the county courts commanded that parts of the land should be sold. The schools have won many awards and accolades. Continue on to find where your neighborhood ranks amongst the richest in Dallas. Students can attend the Lanier Middle School, rated 9/10 by Greatschools.Org. Learn how your comment data is processed. - 2016: #1 Individual Agent, Keller Williams, Houston The area showcases long driveways, wide setbacks, generous lawns, and yards. Alamo Heights is predominantly white collar with almost 98% of the workforce employed in white-collar jobs, well above the national average. 2020: Best Houston Real Estate Team, Best of Readers Choice In 2018, Paradise Valley reported only three violent crimes, making it among the lowest crime rate in . The city also has a large international community with many corporations headquartered there based on the citys population size and business-friendly laws. With all of this and more, its no wonder. 11. The Woodlands Mall. 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. Attend the Lanier Middle, and Bellaire Boulevard wealthiest neighborhoods that Dallas has to offer a.! Your neighborhood ranks amongst the richest people alongside White Rock Lake, so 60s ARCHITECTURE is prominent the! 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