To help answer the question where can I afford to live in Houston?, we analyzed median home prices for 52 top neighborhoods and estimated salary requirements to live in each. The majority of people in Hillside East rent their houses. Olmos Park, Terrel Hills, Alamo Heights are all part of the three major cities. The greatest number of Melissa residents report their race to be White, followed by Asian. Champions Ridge Median Price: $755,500 Average Price Per Square Foot: $179 2 Homes Sold for $1 Million+ in 2018 SAFETY: The Southampton/BOCA Patrol keeps the peace in the area 24/7. 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. 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. PROXIMITY TO HOUSTONS BEST RETAIL: Afton Oaks is just across from The Galleria, which has over 350 retail stores and establishments. Many companies are also nestled around the neighborhood, making Piney Point a good location for career growth. The city is also home to many large companies, including Sabre Holdings, Neiman Marcus, and Santander Consumer USA. Answer (1 of 5): I've lived in Austin most of the time since 1985, aside from college & a few years in NYC. Here are the 10 richest areas in Dallas, Texas. 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). From stunning homes and schools to unique cultural attractions, The Woodlands is a great place to live no matter what stage in life you're in! Each Houston Properties Team member is a specialist in their rolewhich is why our homes sell faster and for more money than average. 16 %. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. Median Home Sale Price: $1,797,000. It is part of the San Antonio Metropolitan Statistical Area. The median household income is $121,370. The 10 Most Expensive Places to Live in Texas, The population was 31,292 at the 2019 census, median home value in the city is $623,500, median home value in Alamo Heights currently sits at $717,819, The 10 Richest Cities in Michigan Based on Median Income, The 10 Richest Neighborhoods in New York City, The 10 Wealthiest Cities in Missouri Based on Median Income, The 10 Wealthiest Cities in North Carolina Based on Median Income, The 10 Wealthiest Cities in Maryland Based on Median Income, The 10 Richest Cities in Oregon Based on Median Income, The 10 Wealthiest Cities in New York State, The 10 Wealthiest Cities in Alabama Based on Median Income. The Woodlands Mall. EXCELLENT LOCATION: As one of the Inner Loop neighborhoods, the area boasts a prime location. Rebecca Salinas , mySA.com / San Antonio Express-News. Now a look at how all the neighborhoods in Dallas ranked. There are a total of 14 billionaires in . The cattle industry that serves as a major economic growth for Texas produced the primitive image of the Texas Cowboy. The population was 9,944 at the 2019 census. It is a hub for large corporations, such as Sabre Holdings, Neiman Marcus, and Santander Consumer USA all of which help keep the local community well-employed. The benefits of working with a team include: To meet all the award-winning members of the Houston Properties Team, please go here. here are the 25 wealthiest neighborhoods in Austin, along with their median household income based on recent data from the United States Census Bureau: West Lake Hills - $215,870 Barton Creek - $162,500 Tarrytown - $152,000 Rollingwood - $151,875 Lost Creek - $148,984 Old Enfield - $141,563 Clarksville - $139,643 Pemberton Heights - $138,438 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. The hearth of more than 60 luxury boutiques, dining, and entertainment options is the shopping center. Terrell Hills began to develop as a city when Dr. Terrell sold some acres of the city to Terrell Hills Community. LUXURY RETAIL/SHOPPING: Highland Village homes are a stones throw away from the Highland Village Shopping Center. Using census and extrapolated BLS data, we ranked every neighborhood based on income levels. In addition, weve included a bit about each city to give you an idea of what makes it so successful. Some of the most popular neighborhoods for black residents include: Willow Bend, Preston Hollow, The Colony, and Murphy. Bellaire City, the second richest city in Texas, United States of America is well known as the City of Homes because of its feature characterized by residents mostly. A new list from data provider HomeSnacks ranks Terrell Hills as the richest place in . These neighborhoods are largely residential, featuring single-family homes with generous lot sizes between 8,000 to 10,000 square feet. Let's have a look at the list below. The River Oaks Country Club is approximately one mile away from the neighborhood. The Clear Creek Independent School District, considered one of Texas's highest performing large school districts, serves most of the neighborhood. Flower Mound is another of the richest cities for environmentalists and nature lovers alike. Galleria and Medical Center are only ten minutes drive. Here are the 27 billionaires from Dallas-Fort Worth that Forbes highlighted in its report, along with their estimated net worth, ranked in order of ascending wealth: 27. 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. 2021: Top 100 Women Leaders in Real Estate of 2021 Residents can also take a short drive to Montrose, Downtown, or Upper Kirby for more options. Tcu-West Cliff. The towns estimated median household income of $146,733 is more than double the states $61,874. Median home prices and household incomes vary. UPSCALE NEIGHBORHOOD: River Oaks is Houston's Most Expensive Neighborhood. 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. Newly constructed custom-built homes are available as well. She was appointed by the mayor of Houston to be on the downtown TIRZ board. The poverty rate is only 0.67 percent. 2021: Best Real Estate Teams in America, RealTrends.com 2020: Best Houston Real Estate Team, Best of Readers Choice Situated only 2.7 miles north of Downtown, this area's unique character is defined by its historic architecture, elegant estates, and well-furnished public parks. These high-yield professionals create a per capita income of roughly $101,000 and help to maintain the citys reputation as one of the wealthiest in the state. There is varied architecture in this area, with examples of Tudor, Mid-century, Greek Revival, and Colonial Revival-style houses. It's located five miles north of Dallas. Top 10 Richest Cities In The US Closing West University Place earned first place from the wealthiest city in Texas list. Countryside With a median home price of $3,573,316 and a median rent of $1,693, Countryside is the most expensive neighborhood on our list. An NBC affiliate reports that nearly 60% of the businesses in the DeSoto, Texas, suburb are owned by African Americans. Take a look at the five most expensive listings: 47 Grand Regency Circle: The "Woodlands Closet Lady," whose infamous $500,000 closet was ransacked by robbers in 2015, is selling her infamous . It is also nestled along Zip Code 77024, one of Forbes' "America's Most Expensive Zip Codes.". Neighborhood #1: Hunter's Creek Village On the top of our list is Hunter's Creek Village. TOP-RATED SCHOOLS: Zoned to Houston ISD, the neighborhood students may attend Briargrove Elementary, an International Baccalaureate (IB) World School that serves the community. Additionally, a whopping 24.4% of people living in Celina make over $200,000 per year about double the Texas per capita income. 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. Prosper, a boutique city in Collin and Denton counties, is one of the most affluent communities in Texas. Based on the growth in home prices in Countryside over the last 3 years, it ranks No.1 among all the neighborhoods in Austin. They have been featured on TV and in dozens of publications including The Wall Street Journal, Fortune Magazine, Reuters, Fox News in the Morning, Money Magazine, Houston Business Journal, Houstonia, and Houston Chronicle. They provide 24-hour security. So many families are making six figures in Bellaire and one of the reasons for that is because it is located very close to Houston which means that there are tons of good jobs that are brought into the city by way of Houston companies such as Mattress Firm and Designer Mattress Warehouse. 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. Hilshire Village is a small city and neighborhood located in Harris County in Texas with a median income of $66,620. The city was founded by the president of the South End Land Company, William Baldwin Wright. to 50,000 sqft. As a result, it is no wonder that a lot of people are interested in becoming landlords. And by no one, we really mean you because there's always someone richer than you. Paige Martin, Broker Associate with Keller Williams Realty, and the Houston Properties Team are ranked among the top residential Realtors in the world. - 2017: Top 25 Residential Realtors in Houston, Houston Business Journal LUXURY HOMES: Boulevard Oaks is home to some of Houston's Most Expensive Mansions. This affluent community is located just east of Memorial Park. 1. 2021: Top Real Estate Team (Houston Properties Team), Houston Business Journal All rights reserved. Highland Park The richest city in Texas is Highland Park. Of Dallas residents with a minimum 10-figure net worth, Jerry Jones is the wealthiest, worth an estimated $8.7 billion. Situated along the Katy Freeway and west of Downtown Houston, the upscale neighborhood of Hedwig Village features notable schools and excellent community entertainments. River Oaks is a large enough neighborhood with multiple zip codes. Terrell Hills was named after a local bank president who served as a mayor of San Antonio, Dr. Terrell Frederick. While the median home price in Glen Abbey is $1.6 million, homes cost anything from just under $1 million to $7 million, depending on the property and lot size. There are large wooded grounds and well-kept front/backyards in the neighborhood. It was also once named the Number One Best City to Live In by USA Today. In case you're wondering, the cost of living average for all cities across the nation is 100. 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 . For more Dallas reading, check out the best neighborhoods in Dallas and the worst neighborhoods in Dallas. The state is booming and so is its real estate sector. Highland Park TX (income: $365,025/ bailout: $4.5 million) - The richest town in Texas, the median home price is $1.5 million. 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 . 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. LUXURIOUS AND SERENE ATMOSPHERE: Piney Point features real estate houses that give a homey and rural feel. NEAR SHOPPING AND DINING AREAS: The Hedwig Village community, unlike other communities, allows businesses within its neighborhood. Despite recent events, many of Houston's top neighborhoods have been consistently listed among the wealthiest areas in the nation. With a population that has risen over the years, West U has the highest concentration of median household incomes. Southampton is one of the Most Expensive Neighborhoods in Houston. It is between the Houston -sugar -land -Baytown. 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. TOP-RATED SCHOOLS: Zone to the Houston Independent School District, Boulevard Oaks is home to one of Houston's Best Schools. 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. Collin County in Texas State, United States is a place where Melissa city is located. Southern Methodist University in University Park, Texas. The city can be found in Collin and Denton Counties. This highly educated residence base, along with a myriad of local employers, keeps the local workforce saturated and poverty levels low, making Trophy Club an ideal place to raise a family. Although the properties are modern, they have a traditional appearance, so they have plenty of character. River Oaks features premier living, notable schools, and accessibility. [1] [2] See also [ edit] By extension, Texas is closely 1,600km away from the Northern part to its Southern part still maintaining the unchanged distance from the East to the West. Or, for living around Dallas, out the best Dallas suburbs and the worst Dallas suburbs. - 2016: Americas Best Real Estate Agents, RealTrends.com EXEMPLARY SCHOOLS: The village is zoned to some of the best public schools in Houston. Two well-to-do Dallas-area communities, Southlake and Highland Park secured second and third place consecutively. Most of the neighborhoods here are also among Houston's Most Accessible Neighborhoods. Most of its residents are employed as civil servants in the school since The West U is a learning institution. 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. According to the most recent census data, University Park looks to be the richest Dallas neighborhood to live in. Braeswood Place is located 6 miles from Downtown Houston. Seventy percent of the population is black in DeSoto, according to City-Data . 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. Bellaire is surrounded by West University Place and Houston. This year's list of Houston's most expensiveareas features a lot of familiar names. We also considered the median home price in each city between January and November 2022. Alamo Heights is a small city that covers just 4.77 km of land and has a population of about 8,374 people. Tanglewood is an affluent neighborhood located just outside Loop 610. This incorporated city is almost surrounded by San Antonio. In 1845, Texas joined the state of the Union. When you click through real estate links on our site, we earn an affiliate commission. If youd like to see any neighborhoods, master-planned communities or subdivisions added to this bi-annually updated watch list, please let us know. Old Enfield. Get 15% off CUTS T-shirts and sweatshirts by following the link https://cuts.team/peter Josh's Insta. - 2015: #1 Individual Agent, Keller Williams, Texas ACCESS TO PREMIER SCHOOLS: Piney Point Village is zoned to the Spring Branch ISD and the Houston ISD. Major corporations headquartered in Dallas include Atmos Energy Corporation, AT&T Inc., Comerica, Southwest Airlines Company, and Texas Instruments Incorporated. - 2018: Americas Best Real Estate Agents, RealTrends.com It is also close to other upscale neighborhoods, such as River Oaks District and Highland Village. These are Lamar High, Lanier Middle, and Poe Elementary. LAND VALUE: Add up to its exclusiveness and charm, its HOA (Highland Village Civic Club) has helped keep an invigorating yet private atmosphere. Many of the residences in this neighborhood are ranch-style properties, although there are also some new-builds with a contemporary style. The towns namesake, Southern Methodist University, attracts students and young professionals alike, keeping the resident base young and well-educated. Bellaire, a city of $206,734 median household income ranked fourth. Ideally situated between Grapevine Lake and Lake Lewisville, this city possesses some of the most stunning green spaces, walking trails, biking paths, and equestrian centers in the state. MEMORIAL PARK GOLF COURSE: The John Bredemus-designed course has a 73-course and 122-slope rating. PROXIMITY TO BUSINESS: The neighborhood is just off to Galleria/Uptown area and Upper Kirby/Greenway Plaza. For example, schools, employment opportunities, affordability, and leisure activities are all potential criteria people may use to, Read More The 10 Most Beautiful Places to Live in ColoradoContinue, If you have the American map on your table, you will see Texas state lying in the South-Central part of the nation. In terms of revenue, Texas has been a leading state in exportation since the year 2002. The population was 31,292 at the 2019 census. On average, homes in Preston Hollow cost $1.2 million. Thus making Piney Point homes ideal for families looking to settle down in a tranquil setting. Hunters Creek is within the prestigious Memorial Villages. The daily life of a wealthy San Antonio resident can include a $4,000 annual golf . Hillside East, Anchorage, AK. A team approach handles these parts separately, increased foot traffic through more timely and effective showing schedule coordination; and. Homes in the neighborhood sit on large lots, ranging from 7,000 to more than 20,000 square feet. Traditional, French, and Georgian are some of the styles of most Memorial Villages homes. 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). Arlington Heights. 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. 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. With its beautiful residential architecture, stunning views, and low taxes, Texas is becoming an increasingly popular alternative to the expensive west coast. Major employers like the Valero Energy Corporation and NuStar Energy help to supply the areas job market with high-yield professions. This includes the Houston Zoo, the Houston Garden Center, and a golf course. in addition to over 318 additional awards. Bordering San Jose, this posh neighborhood easily attracts celebrities and even baseball legends, such as Barry Bonds, forbes.com says. 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. - 2018: #5 Individual Agent, Keller Williams, Worldwide What makes an area desirable can differ from one place to the next, although typical factors include substantial houses, nearby amenities, within a catchment area of good schools, low crime rates, and employment opportunities within commuting distance. 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. - 2014: Americas Best Real Estate Agents, RealTrends.com Editor's Note: We updated this article for 2022. 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. The METRORail Red Line has three stops within the Museum District. Fair Oaks Branch can be found in three counties in the United States- Bexar County, Kendall County, and Comal County. Real estate in Highland Park consists mostly of single-family homes available on the market from $500,000 to over $10 million. 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. Some of these schools include Memorial High School, Memorial Drive Elementary, and Kinkaid School. The neighborhood was developed in the early 1900s, and it was designed by the same architect as Beverley Hills. The president of the styles of most Memorial Villages homes celebrities and even baseball legends, such Barry... Homes are a stones throw away from the Galleria, which has over 350 RETAIL stores establishments! Always someone richer than you generous lot sizes between 8,000 to 10,000 square feet 10-figure net worth, Jones. 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