It is one of Houston's Most Expensive Neighborhoods along Southwest Freeway. 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 . 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. According to Investopedia, the richest neighborhood in Houston is Piney Point Village, where the median house price is $1,784,461. Bellaires population was estimated at 18,593 from its 2016 population census reports. Alamo Heights is a highly coveted neighborhood with a population of 8,374 people. 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? In addition to being highly educated (almost half have earned at least a bachelors degree), Celina residents have an average commute time of only 12 minutes and enjoy excellent health with low obesity rates and high life expectancy rates. Hunters Creek Elementary and Memorial High are National Blue Ribbon Schools. 2021: Americas Top 100 Real Estate Agents Most Expensively 2023. An upscale area located in central Dallas, this beautiful neighborhood possesses both a small-town atmosphere and big-city amenities. Out of the many regions, here are the 10 wealthiest neighborhoods in Texas according to the demographics recorded in the 2010 United States census. Many of Houstons most expensive neighborhoods are also, historically, the best performers in real estate appreciation. increased sphere of influence and exposure to more potential buyers. PROXIMITY TO RETAIL HUBS: Southside Place has Braes Heights Shopping Center. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. This keeps local incomes stable ($84k) and local poverty rates below 1%. As a result, it is no wonder that a lot of people are interested in becoming landlords. Hilshire Village is a small city and neighborhood located in Harris County in Texas with a median income of $66,620. The median family income in Bellaire is $165,000 and the per capita income is $101,097 with a median household income of $206,734. Thus, a variety of amenities are accessible to the neighborhood. Because of its increased exportation rate, it has stood to be the second-highest gross state product. It is zoned to IB World Schools, including Lanier Middle and Lamar High. Two well-to-do Dallas-area communities, Southlake and Highland Park secured second and third place consecutively. The area of Rockwall County measures 149 square miles which makes it the smallest area compared to all Texas counties. With its beautiful residential architecture, stunning views, and low taxes, Texas is becoming an increasingly popular alternative to the expensive west coast. s list of wealthiest Texas cities back in 2021. Save my name, email, and website in this browser for the next time I comment. With a per capita income of nearly $100k, Southlake is one of the richest cities near Dallas. Though its population is just under 1,000 residents, the neighborhood's sprawling mansions, mature oak trees, and generous acreage create a sense of private luxury while still remaining . - 2016: Americas Best Real Estate Agents, RealTrends.com Russwood Acres is a highly desirable neighborhood in Dallas, where the median listing price is $1.28 million. It was opened in the 1920s. - 2016: Texas Most Influential Realtors north-central Collin County. 12 %. Bellaire is surrounded by West University Place and Houston. SPACIOUS LOTS: Briargrove homes sit on mid-to-large-sized lots by Houston standards. They provide 24-hour security. - 2016: Five Star Realtor, Featured in Texas Monthly In the 20th century, the finding of major petroleum deposits particularly the Spindletop increased its economic growth and eventually serve as the major driving force behind its economy. Its relatively low poverty rate also tends to make Southlake an expensive area, with home prices averaging around $1.1M. The city was founded by the president of the South End Land Company, William Baldwin Wright. The city is also home to many large companies, including Sabre Holdings, Neiman Marcus, and Santander Consumer USA. A total of 18 billionaires live in Dallas with a combined net worth of $57.9 billion. Southlake is known for its high-income households. This small town of just 9.324 km, has a population of about 18,815 people. TOP-RATED SCHOOLS: Briargrove is zoned to the Houston Independent School District (HISD). Ten-year appreciation rates compare 2010 to 2020 and are based on the median sales price. With the median household income of the residents of these cities, you will need to have a bank account like Larry Ellison to live there. Population 239. 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. T H Rogers School has 10 out of 10 great school ratings. - 2017: #10 Individual Agent, Keller Williams, Worldwide East of the Tollway and north of 121 is home to the Chapel Creek neighborhood in Frisco. The largest city represented on the list was Frisco with its more than 44,000 households, and the smallest place was Lakewood Village, which sits on the shores of Lewisville Lake and has just 144. The city is located in Tarrant County and is a suburb of Dallas Fort-Worth. 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. Due to the diversity of the properties, the price range is also wide, with homes costing between $305,000 and $11.9 million. The median household income in Southlake is $240,248 and the median home value is $1.3M. The Woodlands is a successful, master-planned community that was first developed in the 1960s. 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. 2021: Top 100 Women Leaders in Real Estate of 2021 Highland Park is ranked the third on this list and the seventh richest in the United States. Therefore, well-known schools are accessible in the area. A. Jayson Adair, $1.0. Old Enfield is the richest neighborhood in Austin. in addition to over 318 additional awards. Due to its central location and proximity to major local employers, white-collar jobs make up roughly 98% of the citys local market. We used science and data to determine which Dallas neighborhoods have the richest people. Top 10 Richest Cities In The US Closing West University Place earned first place from the wealthiest city in Texas list. It stands as the fourth richest city in the US when compared to its rate of poverty as 2.5% with $189,432 as of its household income. Metro Area: Houston-The Woodlands-Sugar Land Metro Area. In economy, Bellaire City has light industrial, mixed-use of public and private uses and then the commercial properties. 2020: #1 Real Estate Team, Keller Williams Memorial The city is also perfect for health-conscious individuals who prefer a wealthy community of tightly-knit individuals. Learn These Five Habits, The 10 Richest Neighborhoods in Minneapolis, The 10 Richest Neighborhoods in Pittsburgh, The 10 Richest Neighborhoods in New Orleans, The 10 Richest Neighborhoods in Cincinnati, The 10 Richest Neighborhoods in St. Louis, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time. Most of the properties in Russwood Acres were built during the 1960s, so 60s architecture is prominent throughout the neighborhood. That would be Northwest Dallas. Centrally located, residents have easy access to all major job centers, including Downtown, The Medical Center, and Galleria. The poorest neighborhood? The prestigious East Shore is also known as The Woodlands Garden District. Mission is an agricultural center west. ACCESSIBLE LOCATION AND EASY COMMUTE: The district is nestled between two major employment centers and allows easy access to I-45 and Highway 59. Land value appreciation in Highland Village is among the best in Houston. 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. Alamo Heights is a small city that covers just 4.77 km of land and has a population of about 8,374 people. The towns estimated median household income of $146,733 is more than double the states $61,874. The sizes range from 7,000 to 10,000 square feet. Homes in East Shore are zoned to Conroe ISD. 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 River Oaks Country Club is approximately one mile away from the neighborhood. We aim to deliver bite-sized pieces of infotainment about where you live. . Cost of Living Index 110 vs 95. Residents can also take a short drive to Montrose, Downtown, or Upper Kirby for more options. Distinguished builders like Connor Davis and Taylor Morrison worked on East Shore homes. Galleria and Medical Center are only ten minutes drive. We have dedicated people doing staging, marketing, social media, open houses, and showings. The woodlands of Sugar-land in the Metropolitan area and its nicknamed as the The Neighborhood which is a bedroom community for Zenith class households mainly. The Woodlands Mall. Diversification of the economy and high technology industries increased the Texas economy in the mid 20th century. Loop 610, Buffalo Speedway, Braeswood Boulevard, and Main Street are only minutes away. Safety is one of the area's best qualities. TOP-RANKED SCHOOLS: The neighborhood boasts access to River Oaks Elementary and premier private schools. We also considered the median home price in each city between January and November 2022. Editor's Note: We updated this article for 2022. 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. 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. 11 Richest Cities in Texas Highland Park Hunters Creek Village West University Place University Park Alamo Heights Southlake Terrell Hills Fair Oaks Ranch Trophy Club The Woodlands Flower Mount 1. The population of the city increased over the years. HIGH-RATED SCHOOL: Crestwood/Glen Cove is zoned to Houston ISD. CONVENIENT ACCESS: Nearby Woodland's Town Center is home to an array of hotels, shops, dining establishments, and entertainment venues. These are the wealthiest neighborhoods that Dallas has to offer. 2. Other areas of interest are the Seymour Lieberman Exercise Trail and the Houston Arboretum and Nature Center. 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