Southern Methodist University in University Park, Texas. Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. There is a significant drop between the property prices in the locations in the ninth and tenth position on this list, as it is possible to buy properties in Greenway Parks for well under a million dollars. Here's a look at the top 10 richest neighborhoods in Dallas out of 34 for 2022. EXCELLENT LOCATION: River Oaks is one of the Hottest Neighborhoods in the Inner Loop. 2020: #1 Real Estate Team, Keller Williams Memorial The poorest neighborhood? PROXIMITY TO BUSINESS: The neighborhood is just off to Galleria/Uptown area and Upper Kirby/Greenway Plaza. Most Expensively 2023. Bunker Hill Village sits at the westernmost part of the Memorial Villages, adjacent to Piney Point to the east and Hedwig to the north. - 2017: Texas Most Influential Realtors Top employers include retail chain Bass Pro Shops and Prosper Independent School District, which serves more than 10,000 students at 11 schools across town. Two well-to-do Dallas-area communities, Southlake and Highland Park secured second and third place consecutively. It is a tight-knit neighborhood known for its mid-to-large-sized lots. The River Oaks Theater is one of the shopping centers most defining markers. - 2014: Americas Best Real Estate Agents, RealTrends.com Residents enjoy a central location and an easy commute to the Texas Medical Center, Galleria, Downtown, and Energy Corridor. 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. We used science and data to determine which Dallas neighborhoods have the richest people. The Woodlands is a successful, master-planned community that was first developed in the 1960s. We also considered the median home price in each city between January and November 2022. It is also close to other upscale neighborhoods, such as River Oaks District and Highland Village. VARIETY OF AMENITIES: Memorial City and Beltway 8 are near Piney Point village. Four miles away from Downtown Houston, while less than 5 miles away from the Galleria. Texas has the following boundaries with the other states in the US. And by no one, we really mean you because there's always someone richer than you. There are many sprawling estates in this area that are hidden from view by trees, and there are also large ranch-style residences. 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. All Rights Reserved. With a mean household income of $510,848, it is home to some of the country's leading hedge fund managers and financiers. West University Place - $250,001. Most of its residents are employed as civil servants in the school since The West U is a learning institution. East of the Tollway and north of 121 is home to the Chapel Creek neighborhood in Frisco. The neighborhood was developed in the early 1900s, and it was designed by the same architect as Beverley Hills. With the highest per capita income ($159k) and home prices ($2.4M) in the state, Highland Park is perfect for anyone interested in an upscale neighborhood with first-class amenities. 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. 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. 2015-2023 Chasing Chains, LLC. 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). The Energy Corridor is only 6 miles west of the city, providing excellent access to various retail spots. Big Sky, Montana; Jackson Hole, Wyoming; Aspen, Colorado; Park City, Utah; and Lake Tahoe, California are seeing increased sales amid the Covid-19 pandemic, as wealthy residents flee cities in . We've included the summary real estate statistics for Houston's Most Expensive Neighborhoods. Land value appreciation in Highland Village is among the best in Houston. Compared to Texas, Mesquite home prices are less expensive than the . in addition to over 318 additional awards. TOP-RANKED SCHOOLS: Recognized International Baccalaureate World Schools serve Southampton. Memorial Park is also zoned to the Houston Independent School District (HISD). Get the advice of our luxury realtors - we care more. The center of Dallas is 64 km southwest of Melissa. Approximately 746 residents live in Hilshire Village . - 2019: Americas Best Real Estate Agents, RealTrends.com Cities in this list were included if they had at least 5,000 residents. Ten-year appreciation rates compare 2010 to 2020 and are based on the median sales price. Some of these schools include Memorial High School, Memorial Drive Elementary, and Kinkaid School. Near the city's major job centers and entertainment hubs. It is indeed one of Houston's most affluent towns. - 2016: #1 Individual Agent, Keller Williams, Houston It is one of Houston's Most Expensive Neighborhoods along Southwest Freeway. Celina was established in 1879 and named after the first postmaster town, Celina Tennessee. The name Rockwall is derived from the subterranean rock formation that surrounds the county. It has Bellaire to the west, Southside Place to the south, and Houston to the east and north. Different geographical sources state, Read More The 10 Richest Counties in TexasContinue, Nashville is a diverse city with each of its neighborhoods and suburbs having something different to offer its residents. However, the property prices range from just under $900,000 to a staggering $19.5 million. Residents shop at The Woodlands Mall, Market Street, Portofino Shopping Center, H-E-B, and The Woodlands Town Center. Residents can also take a short drive to Montrose, Downtown, or Upper Kirby for more options. 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. It is also nestled along Zip Code 77024, one of Forbes' "America's Most Expensive Zip Codes.". Residents enjoy a good commute to Galleria, Downtown, Texas Medical Center, and Energy Corridor. Southlake is predominantly city situated within the County of Tarrant with Denton County as its minor area by extension in the Texas State, United States. The neighborhood benefits from security patrols 24 hours a day and seven days a week. Bellaire - $206,734. The area enjoys large lot sizes compared to the standards in Houston. 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 . Terrell Hills - $181,979. 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. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. Population 30,403. The residents can enjoy the area's tree-lined streets, expansive lots, and well-kept grounds. A new list from data provider HomeSnacks ranks Terrell Hills as the richest place in . Where are those places today - the ones that look like Nantucket in 1970? In economy, Bellaire City has light industrial, mixed-use of public and private uses and then the commercial properties. . Let's have a look at the list below. The Golden Triangle is a section in Greenwich, Connecticut that is considered to be America's wealthiest neighborhood. It is a city located within a Bexar, in Comal, and within a Kendall County in the Texas State of United States. 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. Highland Park is one of the most affluent areas in north Dallas. Whereas the Wet climate featured with cotton tied to the old South is associated with West Texas, the East on its own is known for its dryness characterized by an affinity and ranching of cattle. All rights reserved. When there is reduced unemployment and poverty rate, the future of the city is given a richer look. Some of these companies are The Avera Companies, Urban Companies, and Chevron. The city is located in north-central Collin County. 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. Each member is a specialist in their role which is why our homes sell faster and for more money than average. In 2018, it was even ranked the 2nd wealthiest city in the nation based on data from the American Community Survey. And, with a local per capita income of roughly $128k, this area is ideal for individuals interested in a wealthy lifestyle. Where you'll find lawyers, and doctors, and business executives. Most of the neighborhoods here are also among Houston's Most Accessible Neighborhoods. The Royden/Afton Oaks area comprises two upscale deed-restricted communities nestled east of Loop 610 and north of Southwest Freeway. Paige also serves a variety of non-profits, and civic and community boards. Perfect for anyone interested in a big-city lifestyle, this area is home to an abundance of highly acclaimed restaurants, shopping centers, and luxury neighborhoods. Southside Place homes posted great real estate and land value appreciation (with West U) in the past decade. ACCESSIBILITY: Bunker Hill's main roads, like Memorial Drive and Gessner Road, go through the neighborhood. 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal Not only are their great salaries here; nearly three out of every four households earn more than $50,000 per year. PROXIMITY TO RETAIL HUBS: Southside Place has Braes Heights Shopping Center. Arlington Heights. SUPERIOR LOCATION: A city within a city, Bellaire is mostly bordered by Houston. - 2017: Top 25 Residential Realtors in Houston, Houston Business Journal 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 upscale Houston gated community of Caceres is a few minutes from the area. Move over, Manhattan. The districts appeal stems from several factors, including: CULTURE AND ARTS CENTERS: True to its name, the Museum District is home to 19 culture, arts, and scientific institutions. Apart from Alaska, Texas dominate the entire South-central segment of the nation and it stands without any rival as the biggest state in the area. Population 36,649. Its also one of the safest places to live in Texas and has very low crime rates. [1] [2] See also [ edit] 16 %. River Oaks Shopping Area stands nearby major thoroughfares, including Katy Freeway (I-10), Loop 610, and Southwest Freeway (US 59). 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. 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. Sectioned to either Houston's Top Suburbs or Inner Loop's Best Neighborhoods. According to Home Snacks, the median household income in this neighborhood is $114,929. The majority of people in Hillside East rent their houses. The Crestwood/ Glen Cove area is one of Houston's top luxury neighborhoods. But where exactly in Dallas do the richest of the rich people live? - 2017: #10 Individual Agent, Keller Williams, Worldwide Out of the many regions, here are the 10 wealthiest neighborhoods in Texas according to the demographics recorded in the 2010 United States census. Traditional, French, and Georgian are some of the styles of most Memorial Villages homes. Map of 25 Wealthiest Zipcodes in Texas Based on Average Adjusted Gross Income. Additionally, a whopping 24.4% of people living in Celina make over $200,000 per year about double the Texas per capita income. They provide 24-hour security. 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. Hermann Park, located just a short drive away, offers more options. The Federal Reserve just announced the largest interest rate hike in 28 years to address inflation. The resident base is mostly composed of students and young professionals, both of which help to keep the streets alive with commerce and entertainment. Along with the Highland Village, boutiques and restaurants in Westheimer and San Felipe are minutes away. There are many reasons they the Peach State is also known as the Empire of the South. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Shopping and dining are only a few minutes away from residents' homes. 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. Information is provided for informational purposes only. Fair Oaks Ranch is a city in Bexar and Comal counties in the U.S. state of Texas. According to One Girl Two Cities, the richest neighborhood in Dallas is Highland Park. This city is majorly for people of the upper class. West University Place is surrounded by the cities of Bellaire, Houston, and Southside Place. Thus, a variety of amenities are accessible to the neighborhood. 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal River Oaks features a mix of grand mansions, traditional homes from the 1920s and 1930s, luxury condos, and townhomes in gated communities. There are plenty of jobs available in Texas, making it an attractive place to relocate for work or start a business. WELL-MAINTAINED COMMUNITY: The Afton Oaks Civic Club handles common area maintenance, deed restriction enforcement, and other services like additional security. Bellaire, one of Houston's most popular neighborhoods, has a small-town vibe that blends nicely with its proximity to big-city comforts. 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 homes in Terrell Hills are not only beautiful, but theyre also historic. 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. With all of this and more, its no wonder. 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. 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