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 schools have won many awards and accolades. 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 . The center of Dallas is 64 km southwest of Melissa. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. PROXIMITY TO BUSINESS: The neighborhood is just off to Galleria/Uptown area and Upper Kirby/Greenway Plaza. The residential architecture of this area ranges from beautiful, colonial-style brick homes to multi-million dollar mansions, keeping average home prices close to $1.6 Million. 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. It has a per capita income of $69k, which is more than double the state average. Paige Martin, Broker Associate, Keller Williams Memorial1220 Augusta Dr, 300, Houston, TX 77057, Texas Real Estate Commission Consumer Protection Notice, Texas Real Estate Commission Information About Brokerage Services, PMartin@HoustonProperties.com 2002 2023, Guide To Houston's Most Expensive Neighborhoods. Diversification of the economy and high technology industries increased the Texas economy in the mid 20th century. The Woodlands is a successful, master-planned community that was first developed in the 1960s. In addition, weve included a bit about each city to give you an idea of what makes it so successful. The name of the city was derived from was from Ralph Fair Sr., who acquired it in the 1930s. Additionally, its top-rated school systems and low crime . East of the Tollway and north of 121 is home to the Chapel Creek neighborhood in Frisco. 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. In fact, Highland Park is the most affluent city in Texas and the 7th . HIGHLY-RATED SCHOOLS: Hedwig Village is zoned to Spring Branch Independent School District, where the neighborhood students can attend two of the National Blue Ribbon Schools, that is the Spring Branch Middle School and Memorial High School. Melissa is a somewhat ethnically-diverse city. 2021: Best Real Estate Teams in America, RealTrends.com 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. Top 10 Richest Cities In The US Closing West University Place earned first place from the wealthiest city in Texas list. It is also close to other upscale neighborhoods, such as River Oaks District and Highland Village. It is home to major employers like Chevron, JP Morgan, and ExxonMobil. - 2017: #1 Individual Agent, Keller Williams, Houston They provide 24-hour security. PROXIMITY TO RETAIL HUBS: Southside Place has Braes Heights Shopping Center. What's the richest neighborhood to live in Dallas for 2022? 12 %. While many of the jobs in Prosper are likely filled by commuters, there are some opportunities for employment within the city limits. Notable residents. While these areas tend to have lower crime rates and higher quality of life, it is primarily a map of the best areas by median home value in Richardson, TX. However, the property prices range from just under $900,000 to a staggering $19.5 million. 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. Of Dallas residents with a minimum 10-figure net worth, Jerry Jones is the wealthiest, worth an estimated $8.7 billion. It is just south of Newport Beach and is about a 45 minute drive away from Los Angeles. With a per capita income of nearly $100k, Southlake is one of the richest cities near Dallas. TOP-RANKED SCHOOLS: According to Houston's Best Public Schools, schools located near Bellaire rank among the top in the state of Texas. If youd like to see any neighborhoods, master-planned communities or subdivisions added to this bi-annually updated watch list, please let us know. Prosper, a boutique city in Collin and Denton counties, is one of the most affluent communities in Texas. EXCLUSIVITY: Some of Houstons most expensive real estate are in the areas of Glen Clove and Crestwood. 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. 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 median house price in Greenway Parks is around $700,000. One of the Most Expensive Neighborhoods in Houston, the Hedwig Village is the only independent city among the Memorial Villages that has a commercial sector. Other nearby communities include Lamar Terrace and Briarmeadow (Woodlake). Some of the most popular neighborhoods for black residents include: Willow Bend, Preston Hollow, The Colony, and Murphy. 16 %. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Southside Place has its police and fire departments. 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. GOOD COMMUTE: Located west of Downtown Houston and north of Galleria/Uptown area, the neighborhood features easy commute to major roadways, including the San Felipe Street, Memorial Drive, Loop 610, and Katy Freeway. Olmos Park, Terrel Hills, Alamo Heights are all part of the three major cities. 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 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. 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. A post office, stores, school, and other buildings followed. Continue on to find where your neighborhood ranks amongst the richest in Dallas. The area of Memorial Park is one of the most renowned neighborhoods within the Inner Loop. Melissa is the last on our list of the top ten richest cities in Texas. These are Lamar High, Lanier Middle, and Poe Elementary. With its beautiful residential architecture, stunning views, and low taxes, Texas is becoming an increasingly popular alternative to the expensive west coast. Other nearby schools are Briargrove Elementary School and Tanglewood Middle. Practical matters are often at the forefront of peoples minds when they are searching for somewhere to live. The Crestwood/ Glen Cove area is one of Houston's top luxury neighborhoods. This year's list of Houston's most expensiveareas features a lot of familiar names. This is a town or city that is within a Bexar County, Texas State in the United States of America. Highland Park is bordered by the cities of University Park, Dallas, and Mesquite. LAND VALUE: Add up to its exclusiveness and charm, its HOA (Highland Village Civic Club) has helped keep an invigorating yet private atmosphere. Southlake, Texas is one of the richest cities in the nation with a median income of $240,248. There are many sprawling estates in this area that are hidden from view by trees, and there are also large ranch-style residences. 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. The area contains several ofHoustons Most Expensive Neighborhoods. West University Place is located within the Houston-Sugar Land metropolitan area and called West U for short. Terrell Hills began to develop as a city when Dr. Terrell sold some acres of the city to Terrell Hills Community. She was appointed by the mayor of Houston to be on the downtown TIRZ board. Population 36,649. Let's have a look at the list below. Circle C. Flickr/Lars Plougmann. Its central location gives residents easy access to an abundance of local employers and job opportunities, which keeps the per capita income around $75k. Median Home Sale Price: $1,797,000. But where exactly in Dallas do the richest of the rich people live? 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. Residents enjoy a central location and an easy commute to the Texas Medical Center, Galleria, Downtown, and Energy Corridor. The hearth of more than 60 luxury boutiques, dining, and entertainment options is the shopping center. This includes the Houston Zoo, the Houston Garden Center, and a golf course. - 2018: #1 Individual Agent, Keller Williams, Houston Celine Park was the first road constructed for automobiles in Celine. Two well-to-do Dallas-area communities, Southlake and Highland Park secured second and third place consecutively. Additionally, the citys stunning architecture and accessibility to downtown San Antonio make it a superb market for high-end living. Related: The 10 Most Expensive Places to Live in Texas. Loop 610, Buffalo Speedway, Braeswood Boulevard, and Main Street are only minutes away. The neighborhood is the site of The Boulevard Oaks Historic District, listed on the NRHP. T H Rogers School has 10 out of 10 great school ratings. - 2014: Americas Best Real Estate Agents, RealTrends.com Factors that make Hunters Creek a much-coveted choice: EXCLUSIVITY: Hunters Creek makes it to the Forbes list of Houston's Top Suburbs to Live Well. 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. The city also has a large international community with many corporations headquartered there based on the citys population size and business-friendly laws. Luxury homes are generally conserved with manicured lots. Fair Oaks Ranch, Texas is part of the San Antonio Metropolitan statistician Area with a population of 5,986 from its 2010 population census results. SPACIOUS LOTS: Briargrove homes sit on mid-to-large-sized lots by Houston standards. 2020: Americas Best Real Estate Teams, Best of America Trends Every city has it's best neighborhoods -- where everyone wants to live -- and the worst neighborhoods -- where no one wants to live. Highland Park is ranked the third on this list and the seventh richest in the United States. 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. Major employers like the Valero Energy Corporation and NuStar Energy help to supply the areas job market with high-yield professions. The several nations that had ruled over the territory of Texas are termed as the Six Flags Over Texas. - 2018: Americas Best Real Estate Agents, RealTrends.com The Memorial Villages (Piney Point and Hunters Creek) are north of Briargrove. The 8 Richest Neighborhoods in Colorado in 2023 8. (Read Houston's Best Schools), SECURITY:Moreover, the community has a private police force. Houstons economy is driven by the oil and gas industries, tourism, manufacturing, and health care. - 2016: #1 Individual Agent, Keller Williams, Houston 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. Briargrove is known for its ranch-style homes on large wooded lots. 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. Bellaire is known for its coolness, hence the name Bellaire which means Good Air. Best First Time Home Buyer Programs & Grants in NYC. Alamo Heights is predominantly white collar with almost 98% of the workforce employed in white-collar jobs, well above the national average. Bellaire is surrounded by West University Place and Houston. There are plenty of jobs available in Texas, making it an attractive place to relocate for work or start a business. The daily life of a wealthy San Antonio resident can include a $4,000 annual golf . COVID-19 also had an undeniable impact on home sales. Here are the 10 wealthiest cities in Texas for 2021, as determined by HomeSnacks. Go here for the full report. With all of this and more, its no wonderMoneymagazine recently ranked Flower Mound as the nations fourth Best Place to Live for 2021-2022. With a population that has risen over the years, West U has the highest concentration of median household incomes. This city got incorporated as Southlake in 1956 and this was after the construction of Grapevine Lake. Here are the 10 wealthiest cities in Texas in 2021, according to HomeSnacks: 1. The METRORail Red Line has three stops within the Museum District. 2020: Best Houston Real Estate Team, Best of Readers Choice The area of Memorial Park features a wide range of home options, such as upscale townhomes, mansions, and patio and ranch-style homes. 2020: Top Real Estate Team (Houston Properties Team), Houston Business Journal According to Investopedia, the richest neighborhood in Houston is Piney Point Village, where the median house price is $1,784,461. The 1,500-acre Memorial Park is just a few blocks away from the community. The city can be found in Collin and Denton Counties. Initially developed in the early 2000s, Chapel Creek also has homes built as recently as 2012 or newer. Southlake is known for its high-income households. It is a tight-knit neighborhood known for its mid-to-large-sized lots. The poorest neighborhood? TOP-RATED SCHOOLS: Zone to the Houston Independent School District, Boulevard Oaks is home to one of Houston's Best Schools. West University Place - $250,001. EXCELLENT SCHOOLS:Memorial Villages is zoned to the Spring Branch Independent School District (SBISD). It is strategically located near Woodland's Town Center and has a spectacular view of Lake Woodlands. Listed below are the most expensive neighborhoods in El Paso for 2023, sorted by overall cost of living which includes: groceries, goods and services, real estate and rent prices. The Royden/Afton Oaks area comprises two upscale deed-restricted communities nestled east of Loop 610 and north of Southwest Freeway. (Read Income Needed To Buy A House in Houstons Best Neighborhoods.). Highland Park The richest city in Texas is Highland Park. The towns namesake, Southern Methodist University, attracts students and young professionals alike, keeping the resident base young and well-educated. The median home value in the city is $623,500, more than 3 times greater than both in Texas and the nation overall. Preston Hollow is a neighborhood in North Dallas close to University Park. Houston is the city with the second most billionaires with the highest combined net worth in Texas. We analyzed a significant sample of cities with similar populations like Everett, WA and Bridgeport, CT, and found homes in Mesquite cost much less. - 2019: #1 Individual Agent, KW Texas Homes in the neighborhood sit on large lots, ranging from 7,000 to more than 20,000 square feet. 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 . State: Texas. Southwest Freeway is only less than ten minutes. 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. It is independent of the Houston Police Department. 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. It's a great opportunity for buyers. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. These are the best neighborhoods as judged by the market: the places people most want to live. River Oaks real estate includes deed restrictions, historic homes, property legacies, and a variety of builders. TOP-RATED SCHOOLS: Zoned to Houston ISD, the neighborhood students may attend Briargrove Elementary, an International Baccalaureate (IB) World School that serves the community. The Royden Oaks area, in particular, is right next to the River Oaks neighborhood. When there is reduced unemployment and poverty rate, the future of the city is given a richer look. ACCESSIBLE LOCATION AND EASY COMMUTE: The district is nestled between two major employment centers and allows easy access to I-45 and Highway 59. - 2015: #1 Individual Agent, Keller Williams, Houston We also considered the median home price in each city between January and November 2022. Source: US Internal Revenue Service - 2018. A total of 18 billionaires live in Dallas with a combined net worth of $57.9 billion. The homes in Terrell Hills are not only beautiful, but theyre also historic. Data is deemed accurate but is not guaranteed. Paige Martin, Broker Associate with Keller Williams Realty, and the Houston Properties Team are ranked among the top residential Realtors in the world. Green spaces and pocket parks are well-placed throughout East Shore, and there are also 12 parks nearby. The Crestwood/Glen Cove is popular for its: EXCLUSIVITY: Crestwood/Glen Cove real estate is among the most expensive in Houston. Shady Oaks homes are considered architectural masterpieces, standing on enormous lots as part of a wealthy communitythat has been voted one of the richest neighborhoods in the country. The high housing costs likely contribute to the low homeownership rate of 59%. The area enjoys large lot sizes compared to the standards in Houston. Despite recent events, many of Houston's top neighborhoods have been consistently listed among the wealthiest areas in the nation. The neighborhood was developed in the early 1900s, and it was designed by the same architect as Beverley Hills. 33 %. An area that attracts wealth and stability, Flower Mound boasts an aesthetic community layout, high per capita income ($60k), and high average home values ($615k). Collin County in Texas State, United States is a place where Melissa city is located. Old Enfield is the richest neighborhood in Austin. It is located in Bexar County. By area and population, Texas stands as the second-largest state in the United States of America. RETAIL AND ENTERTAINMENT: The neighborhood provides easy access to around 200 restaurants, cafs, and bars. Bellaire - $206,734. Near the city's major job centers and entertainment hubs. Champions Ridge Median Price: $755,500 Average Price Per Square Foot: $179 2 Homes Sold for $1 Million+ in 2018 The city is located in north-central Collin County. Its local per capita income of $84k is nearly triple the states average, which earned it the number one position inHomeSnacks list of wealthiest Texas cities back in 2021. SUPERIOR LOCATION: A city within a city, Bellaire is mostly bordered by Houston. The San Antonio suburb was ranked the second-most populous city in Texas and West University Place ranked the wealthiest. The city boasts of poverty rate of 1.67%, median household income of $250,001. Compared to Texas, Mesquite home prices are less expensive than the . Townhouses and condos rule this areas local real estate market, and an abundance of sidewalk space makes it easy for residents to walk or bike along the tree-lined streets. Melissa is the last on our list of the top ten richest cities in Texas. - 2017: Top 25 Residential Realtors in Houston, Houston Business Journal - 2015: #1 Individual Agent, Keller Williams, Texas 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. PROXIMITY TO GALLERIA: Galleria and its hundreds of shops, bars, and restaurants are minutes away from Hunters Creek. The average home in this community costs $1.66 million. Rice Village, a 16-block shopping district, is also nearby. The city was formerly an agricultural and residential hub that started in the middle of Westmoreland Farms. 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. 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. Each Houston Properties Team member is a specialist in their rolewhich is why our homes sell faster and for more money than average. Because of its increased exportation rate, it has stood to be the second-highest gross state product. Terrell Hills - $181,979. Briargrove is a deed-restricted community located about 12 miles from Downtown Houston. - 2017: #1 Individual Agent, Keller Williams, Texas The Energy Corridor is only 6 miles west of the city, providing excellent access to various retail spots. The median price of properties in this neighborhood is $2.5 million. It's located five miles north of Dallas. Hillside East is located in the Borough of Anchorage. EXCELLENT LOCATION: As one of the Inner Loop neighborhoods, the area boasts a prime location. They have several schools with high ratings. The Golden Triangle is a section in Greenwich, Connecticut that is considered to be America's wealthiest neighborhood. Barton Creek. - 2015: #9 Individual Agent, Keller Williams, United States 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. Living in Plano Dallas provides an excellent quality of life for African Americans. The Clear Creek Independent School District, considered one of Texas's highest performing large school districts, serves most of the neighborhood. Lamar High School is one of the best schools that serve the area. Southside, Houston, and Bellaire are the three cities that surrounded the The West U. 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 . River Oaks Shopping Area stands nearby major thoroughfares, including Katy Freeway (I-10), Loop 610, and Southwest Freeway (US 59). According to Home Snacks, the median household income in this neighborhood is $114,929. Contact us at Paige@HoustonProperties.com for a full report. Residents enjoy a good commute to Galleria, Downtown, Texas Medical Center, and Energy Corridor. Here's a look at the top 10 richest neighborhoods in Dallas out of 34 for 2022. Some homes in the area are served by top-ranked schools in the US. Additionally, a whopping 24.4% of people living in Celina make over $200,000 per year about double the Texas per capita income. Additionally, the citys per capita income ($99k) and household spending are roughly double the nations average, making this area perfect for anyone who prefers a lavish lifestyle. Numerous multimillionaires reside in Dallas, one of three Texas towns to appear on the list of the world's richest cities. TOP-RANKED SCHOOLS: The neighborhood boasts access to River Oaks Elementary and premier private schools. When Does a Seller Get Their Money After Closing on a House. Fair Oaks Ranch boasts one of the wealthiest metropolitan areas in all of Texas. Where are those places today - the ones that look like Nantucket in 1970? Southlake is known for its high-income households. Important ancestries of people in Melissa include German, English, Irish, Polish, and Italian. Paige also serves a variety of non-profits, and civic and community boards. Its active civic club enforces deed restrictions and architectural guidelines. 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