Surrounded by San Antonio and other neighboring cities with limited room for expansion, Alamo Heights maintains its close community vibe. Thats the kind of quality that pays dividends down the road. I mean, in just fifteen minutes you can be at an Astros game or Houstons world-class Museum of Natural Science, depending on your inclination.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'homesnacks_com-box-4','ezslot_4',109,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-box-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'homesnacks_com-box-4','ezslot_5',109,'0','1'])};__ez_fad_position('div-gpt-ad-homesnacks_com-box-4-0_1');.box-4-multi-109{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:5px!important;margin-left:auto!important;margin-right:auto!important;margin-top:5px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}. Wagons have used this as a marker to ensure that they can safely cross the creek. Terrell Hills, with a population of 5,425 as of July 2018, boasts a median household income of $175,913, a 1.2 percent unemployment rate, and a 0.7 percent poverty rate, according to the HomeSnacks ranking, released January 11. Flower Mound is another northern suburb in the Dallas/Fort Worth metro area located on Grapevine Lake. Besides this point of interest, it should be mentioned that West University Place offers a higher quality of life than most of its counterparts in the state thanks to its status as a bedroom community for upper-class families. You can see those two top tens at the bottom of the post. Gruene has long been a favorite family destination for Texans for more reasons than one, starting with its position along the Guadalupe River, which is a popular route for floating on rafts and innertubes during warm months. The metro area is one of the fastest-growing in the country as companies often relocate their headquarters or core operations to the tax-friendly state. The H-E-B Center is a multi-use entertainment facility that hosts more than 150 events every year. Several major industries also have a presence in the city, including a Bell helicopter plant and the Pantex Nuclear Weapons Facility, the nations only facility to assemble and disassemble nuclear weapons. Dallas' rank remained the same year-over-year from the previous report at No. According to a recent GOBankingRates study, you would need annual income of $10 million or more to be considered rich in this East Coast state. 10 Reasons Why. Fort Worth is a neighboring suburb of Dallas, but it can be safer and more affordable. With a median age of 35, University Park is the youngest city to make this list, so you know its a vibrant place with fresh ideas. The metro area is currently the nations fourth-largest and is likely to take the number three spot in the second half of this decade. Penske has been reporting on the migration patterns of Americans for 13 years, using data from the U.S. cities with the most inbound one-way consumer rentals throughout the year. It is safer than 87% of Texas cities, has an income per capita of $53,809, and the median home value is 75% higher than the Texas average. Located betwen Galveston and Houston, League City has a median household income of $98,593. Located only about half an hour from San Antonio and less than two hours from Austin, the town is largely centered around a lively downtown district known as the Hill Country Mile, which consists of the Main Street drag lined with dozens of antiques shops and specialty stores, including The Dienger Trading Co. Read more about Boerne, Texas. Bellaires residents mostly work white-collar jobs nearly 98% of them do which is significantly higher than the national average. Technically, Bunker Hill Village is an independent enclave that can be found in western Houston. Texas is ranked twenty-fifth among US states by median household income, with a per capita income of $19,617 (2000). Theyre no stranger to our lists as they took the top spot last year and rank as one of the wealthiest places in Texas. University Park is the perfect example its a small suburb outside of Houston that has everything youd could ever want, but without the constant hustle and bustle. Poverty rates among U.S.-born and foreign-born Asians were 9% and 11%, respectively, that year. With one of the lowest unemployment rates in Texas at just 8%, Bellaire attracts families who appreciate financial stability. 1 moving destination. Continue with Recommended Cookies. Alamo Heights has a diverse population, high-quality public schools, and hot markets for both jobs and housing. Learn how your comment data is processed. Many areas in the city played a part in the states rich history which is why it holds an important spot in Texas. The incorporated city of Flower Mound is considered the richest city in Texas. Regardless if you are visiting or living in this zip code, you can enjoy numerous world-class amenities and entertainment options. Cumberland Center might be one of the richest small towns, but its median household income doesn't meet the definition of what Mainers call rich. If youre looking to move or invest in the state, knowing where the wealthiest cities are located can be a great starting point. Congratulations are in order for Southlake: The "small city" is the most affluent city of its size in America, according to a new study. Every one of the top 20 towns have households that bring in at least $300,000 a year. Sports fans can enjoy a minor league baseball team and the teams at the University of Texas at El Paso (UTEP). Terrell Hills is a small, charming town in Texas with many wealthy residents. Terrell Hills. A town of only 1,724 people, Salado is situated halfway between Austin and Waco. 10:08 AM on Mar 17, 2021 CDT. Midland, Tx. Alamo Heights is a city of 8,501 people almost completely surrounded by the bigger city, which helps give it the title of 9th most densely populated city in Texas. University Park and Highland Park make up the Park Cities, which is an enclave of Dallas. Here are the 10 richest cities in Texas, as determined by HomeSnacks. The 20 Best Place for Singles to Live in Their 50s in the U.S. 10 Companies Providing the Best Renters Insurance, The 10 Best Places to Live in The Bronx, NY, How Kendra Scott Achieved a Net Worth of $580 Million, How GloRilla Achieved a Net Worth of $800,000. Our ratings take into consideration the city size, crime rate, unemployment rate and cost of living. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. The richest cities in Texas are nearly identical to the wealthiest cities in Arizona when comparing spot for spot. If your city or town isnt among the top 10, jump down to the bottom of the post to see a detailed chart of the best places in Texas. Nobody gets left out of the good times in West University Place, as evidenced by the citys ranking as the place with the 4th lowest poverty level in Texas. In addition to Forbes, his bylines have also been featured on Credible, Fox Business, Wallet Hacks, and Well Kept Wallet. The 10 Richest Cities in Oklahoma According to Census Report, The 10 Richest Cities in Indiana Based on Census Data, The 10 Most Expensive Suburbs in Melbourne, 10 Wealthiest Cities in North Carolina Based on Census Report, The 10 Richest Cities in Oregon According to Census Bureau, The 10 Wealthiest Cities in New York State: Census Data, 10 Wealthiest Cities in Maryland Based on Census Report, The 10 Wealthiest Cities in Missouri Based on Census Report, The 10 Wealthiest Cities in Alabama According to Census Data, Why Are Movado Watches So Expensive? However, it is one of a number of residential communities meant for upper-class families called the Memorial Villages, which fall within the Memorial Super Neighborhood. Here are the 10 richest cities in Texas based on per capita income. Homes here will cost you a pretty penny with the median price being 223,621, but thats a bargain compared to some other places on this list. And since people with good jobs usually also have health insurance, West University place also has the 2nd highest rate of insured residents in the state. Khambrel Marshall sits down with newsmakers in our community to discuss the issues having the greatest impact on our region, our state, our country, and our world. In our opinion, the spirit of the Lone Star State can best be found through its charming small towns where friendly smiles and Southern hospitality are still the norm, and you're rarely far away from a Tex-Mex taco or piled-high barbecue sandwich. Here are the 10 richest cities in Texas, as determined by HomeSnacks. The richest zip code in Texas is 77010 which is located near Downtown Houston in Harris County. Celina (Dallas-Fort Worth) 4. A bedroom community of the Dallas-Fort Worth Area, Coppell is a city of 41,494 that ranks as the 6th best place to live in Texas. That work ethic really pays off for Colleyvilles residents, who earn the 9th highest pay in Texas, around $171,485/year. The median home value in this city is $623.5K more than triple compared to both Texas and the nations overall figures. It's almost impossible to get bored in this nostalgic town located just 30 minutes from Dallas via car. We then decided, no matter how much anyone loves their town, the best cities to live in Texas have more of everything and therefore you need to have over 5,000 people to truly be the best. Thirteen percent of homes in the area are worth more than $1 million, and 5% of residents earn . Its also a great jumping off point for getting to Natural Bridge Caverns, Texas largest underground attraction and a serene, but strangely eerie, spot to spend the day. 10 this year, which is a one-place drop from the 2021 report. The history of this city dates back to the mid-1800s; however, it was incorporated in 1946. With that said, what makes Mansfield stand out is the fact that it has been named one of the best places to live in the United States on more than one occasion. Population: 25,027Rank Last Year: 2 (Up 1)Median Home Value: $1,351,400Unemployment Rate: 4.4%More on University Park: Real Estate|Crime Report|Cost Of Living. Well provide you with a brief overview of each citys economy and highlight some of the factors that contribute to their financial success. In the historic downtown, you'll find winery tasting rooms and plenty of shopping. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Performance information may have changed since the time of publication. According to an Assurant Survey, 45 percent of tenants lack renters insurance coverage even though, Read More 10 Companies Providing the Best Renters InsuranceContinue, As the state capital of Massachusetts, Boston is a large and diverse city. If University Park is out of your price range, dont worry, the top ten has a place for everyone. One of the greatest things about Flower Mound is the extensive trail system that was developed by the municipal government. Johnson City usually rings a bell in Texans' minds for one of two reasons. Bellaire (Wealthiest Cities in Texas)- $206,734. These North Texas cities are among the most affluent in America