Discovering the Richest Cities in Texas in 2024
Texas is home to some of the wealthiest cities in the nation, where luxury is evident in every corner. From the manicured lawns of West University Place to the elegant homes of Highland Park, these communities offer a lifestyle defined by luxury and comfort. Cities like Southlake and The Woodlands blend suburban tranquility with access to urban conveniences, attracting successful professionals and families. Each of these cities has top-rated schools, exclusive amenities, and vibrant local economies that contribute to their high standard of living. These are places where neighbors know each other, and a strong sense of community thrives amid the wealth.
As Texas continues to grow, these cities remain symbols of the state’s prosperity, showcasing the best that the Lone Star State has to offer. Let’s explore the richest cities in Texas and what makes these cities stand out in a state known for doing everything big.
A List of the Top 10 Richest Cities in Texas
Below are the top richest cities in Texas.
- Westlake
- Hunters Creek Village
- Piney Point Village
- Highland Park
- Round Top
- Bunker Hill Village
- Westover Hills
- Hill Country Village
- West University Place
- Barton Creek
1. Westlake
Westlake, Texas, is the epitome of luxury living in the Dallas-Fort Worth metro area. Situated amidst rolling landscapes, this small town is known for its grand estates and lavish homes, attracting some of the wealthiest individuals in the state, including high-profile executives and celebrities. The town’s average family income of $543,825, the highest in Texas, reflects the success and wealth of its residents.
One of the key attractions of Westlake is its commitment to education. Westlake Academy, a public charter school offering an International Baccalaureate curriculum, draws families seeking top-tier educational opportunities. This focus on education, combined with the town’s exclusive amenities, makes Westlake a sought-after destination for those who prioritize both luxury and learning.
In addition to its educational offerings, Westlake boasts pristine parks, upscale recreational facilities, and a vibrant community spirit. Its strategic location, with easy access to Dallas and Fort Worth’s economic hubs, adds to its appeal, making it an ideal place for professionals who seek convenience without sacrificing an affluent lifestyle. The area’s fine dining, shopping centers, golf courses, and cultural attractions further enhance Westlake’s reputation as a premier place to live.
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2. Hunters Creek Village
Hunters Creek Village, part of the prestigious Memorial Villages in Greater Houston, exemplifies wealth and exclusivity. This small yet wealthy community is renowned for its grand homes, serene surroundings, and high median household income, averaging $507,821. The tree-lined streets and expansive estates create a peaceful suburban retreat just a short drive from the bustling heart of Houston.
Residents of Hunters Creek Village enjoy a unique blend of privacy and accessibility, making it an ideal home for successful professionals, corporate executives, and families seeking a balanced lifestyle. The village’s proximity to downtown Houston allows for easy access to the city’s economic and cultural opportunities, while its secluded atmosphere provides a peaceful escape from the urban rush.
Education is a significant draw for families in Hunters Creek Village, with access to top-rated schools within the Spring Branch Independent School District. The community’s focus on safety, academic excellence, and family well-being fosters a close-knit, supportive environment where neighbors know each other and children thrive. This combination of luxury, privacy, and educational opportunities makes Hunters Creek Village one of the most desirable places to live in Texas.
3. Piney Point Village
Piney Point Village, part of the exclusive Memorial Villages near Houston, represents a blend of wealth and tranquility. Known for its expansive estates, lush greenery, and private ambiance, this luxurious enclave attracts some of Texas’s most successful individuals, with an average household income of $501,062. The city’s residential landscape is marked by luxurious homes set on large lots, often hidden behind meticulously maintained gardens and mature trees, offering residents a serene and secluded lifestyle.
For upscale professionals, corporate executives, and families, Piney Point Village offers an unmatched suburban experience. Despite its peaceful atmosphere, the village provides easy access to Houston’s vibrant urban center, allowing residents to enjoy the best of both worlds—quiet, luxurious living within reach of the city’s dynamic opportunities.
Education is another key attraction in Piney Point Village, with residents benefiting from the highly regarded schools in the Spring Branch Independent School District. The village’s commitment to safety, quality education, and a family-friendly environment makes it an ideal place for raising children, further enhancing its appeal as one of Texas’s most desirable residential areas.
4. Highland Park
Highland Park, nestled in the heart of the Dallas metropolitan area, is synonymous with wealth, exclusivity, and refined elegance. As one of the richest cities in Texas, with an average household income of $469,267, it stands out for its opulent homes, meticulously maintained gardens and prestigious reputation. This community is marked by its stately architecture, where grand homes and historic mansions line tree-shaded streets, creating an atmosphere of timeless sophistication.
The town’s commitment to maintaining its visual appeal is evident in its beautiful parks and public spaces, which contribute to a serene and polished environment. Highland Park Village, a historic shopping district, further elevates the area’s luxurious lifestyle by offering an array of high-end boutiques, fine dining, and entertainment options. Residents enjoy a unique blend of suburban tranquility and urban convenience, with downtown Dallas just a short drive away.
In addition to its architectural beauty, Highland Park offers proximity to cultural and recreational opportunities, including the Dallas Arts District, top-tier museums, and prestigious sports venues. This blend of luxury, culture, and convenience makes Highland Park a sought-after location for those who appreciate an elevated standard of living.
5. Round Top
Round Top, Texas, is a distinct blend of history, charm, and richness set against the scenic background of Fayette County’s hilly terrain. Known for its vibrant arts scene, well-preserved historic buildings, and high quality of life, Round Top attracts both wealthy residents and visitors alike. With an average income of $445,719, this small town boasts a big cultural impact.
Despite its modest size, Round Top is a hub of cultural activity. This is largely due to the renowned Round Top Festival Institute, which draws artists and music enthusiasts from around the globe. This prestigious institution, along with numerous art galleries and antique shops, adds to the town’s sophisticated and artistic atmosphere.
The real estate in Round Top is characterized by expansive ranches, luxurious country estates, and charming historic homes, reflecting the town’s wealth and appeal. Many are drawn to the area for its peaceful setting, close-knit community, and stunning landscapes. The annual Round Top Antiques Fair further solidifies the town’s status as a center of culture and affluence, one of the largest events of its kind, attracting thousands of visitors each year.
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6. Bunker Hill Village
Bunker Hill Village, one of the exclusive Memorial Villages in Greater Houston, epitomizes luxury and serene suburban living. With an average household income of $435,776, it ranks among Texas’s wealthiest and most desirable communities. Known for its sprawling estates, lush landscapes, and private ambiance, Bunker Hill Village offers residents a tranquil escape within proximity to Houston’s vibrant city life.
The residential character of Bunker Hill Village is defined by elegantly designed homes set on large, wooded lots, providing privacy and peace for its residents. The town’s perfectly maintained streets and well-kept parks contribute to its quiet and scenic ambiance. Strict zoning laws and limitations on commercial development help preserve the village’s quiet, suburban charm, making it an ideal retreat for those seeking a luxurious lifestyle away from the hustle and bustle of the city.
Despite its serene setting, Bunker Hill Village offers convenient access to Houston’s upscale dining, world-class shopping, and cultural attractions. The community’s clean parks, recreational facilities, and a strong sense of community further contribute to its appeal, ensuring a high quality of life for its residents.
7. Westover Hills
Westover Hills, located within the Fort Worth metropolitan area, is one of Texas’s most prestigious and rich neighborhoods. This gated community is renowned for its lush homes, stunning landscapes, and wealth that is significantly higher than the national average. With an average household income of $433,379, Westover Hills stands as a symbol of prosperity and exclusivity.
The town is characterized by its expansive, beautifully landscaped estates, often tucked away behind mature trees and meticulously maintained gardens. Westover Hills’ architecture combines modern luxury and historic beauty, with both contemporary residences and grand ancient mansions adding to the neighborhood’s distinct appeal. The strict zoning laws and limited commercial development reflect the community’s commitment to preserving its serene and upscale environment, ensuring a peaceful and idyllic setting for its residents.
Westover Hills strongly values education, with families having access to both great private schools nearby and well-regarded public schools within the Fort Worth Independent School District. The community’s focus on safety and academic excellence makes it an ideal environment for raising children. Westover Hills provides a magnificent, serene living while being convenient to Fort Worth’s facilities and possibilities.
8. Hill Country Village
Hill Country Village, situated in the northern region of San Antonio, Texas, is a prestigious community known for its expansive estates, tranquil atmosphere, and luxurious lifestyle. This affluent enclave is a haven for those seeking elegance, privacy, and a connection to nature. With an average household income of $425,416, Hill Country Village is a testament to the success and wealth of its residents.
The town’s residential landscape is marked by large homes set on sprawling lots, offering a sense of seclusion that well-off families and professionals highly prize. The area’s natural beauty, with its rolling hills, mature trees, and open spaces, further enhances the community’s serene ambiance. Despite its peaceful, rural setting, Hill Country Village is conveniently located near the bustling amenities of San Antonio.
Education is a priority in Hill Country Village, with residents having access to highly regarded schools within the North East Independent School District. The community’s safe, supportive environment, combined with a strong emphasis on education, makes it an ideal place for families to raise children. Hill Country Village offers a unique blend of countryside tranquility and big-city conveniences, providing residents with a well-rounded, luxurious lifestyle.
9. West University Place
West University Place, also known as “West U,” is a prosperous and desirable city in the Houston metropolitan area. Known for its stunning homes, pristine streets, and family-friendly atmosphere, West U is one of Texas’s wealthiest neighborhoods, boasting an average household income of $402,845. This community is synonymous with luxury and comfort, making it a top choice for families and professionals alike.
The city’s real estate is defined by magnificent, spacious residences, many of which are situated along tree-lined avenues that add to the neighborhood’s charm and elegance. West University Place’s wealth is reflected in its median household income, which far surpasses the national average. Education is a significant draw for families in West U, with access to some of the top schools in the Houston Independent School District, including the highly regarded West University Elementary.
West University Place offers a variety of recreational amenities, including well-maintained parks, community centers, and neighborhood events that foster a strong sense of community. This combination of luxury living, excellent schools, and community engagement makes West University Place an ideal location for those seeking a refined and family-oriented lifestyle.
10. Barton Creek
Located near Austin, Texas, in the scenic Hill Country, Barton Creek is a gated community that epitomizes luxury, natural beauty, and an exceptional standard of living. Known for its expansive estates, lush green spaces, and stunning vistas, Barton Creek is one of the most sought-after neighborhoods in Texas. The average household income here is $401,024, reflecting the area’s appeal to affluent individuals seeking both tranquility and sophistication.
Barton Creek is characterized by its vast properties, many of which offer breathtaking views of the creek and surrounding rolling hills. The neighborhood’s wealth is evident not only in its impressive homes but also in the high-end amenities available to residents. Among these are premier golf courses, including those at the renowned Barton Creek Resort, which features multiple championship courses and an award-winning spa.
In addition to golf, Barton Creek offers numerous hiking and biking trails that allow residents to appreciate the area’s natural beauty fully. The community’s serene atmosphere, coupled with easy access to Austin’s vibrant culture and amenities, makes Barton Creek an ideal retreat for those looking for a luxurious and peaceful lifestyle.
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Table Comparison of the Richest Cities in Texas
| Rank | City | Population | Average Income | Median Income |
| 1 | Westlake | 1,920 | $543,825 | $250,001 |
| 2 | Hunters Creek Village | 4,352 | $507,821 | $250,001 |
| 3 | Piney Point Village | 3,067 | $501,062 | $250,001 |
| 4 | Highland Park | 8,642 | $469,267 | $249,923 |
| 5 | Round Top | 93 | $445,719 | $155,000 |
| 6 | Bunker Hill Village | 3,784 | $435,776 | $250,001 |
| 7 | Westover Hills | 636 | $433,379 | $250,001 |
| 8 | Hill Country Village | 947 | $425,416 | $244,000 |
| 9 | West University Place | 14,791 | $403,845 | $250,001 |
| 10 | Barton Creek | 3,234 | $401,024 | $230,556 |
Summing Up
Texas is a state where luxury and success come naturally. From the prestigious neighborhoods of Highland Park and West University Place, with their top-tier schools and elegant homes, to the grand estates in Westlake and Bunker Hill Village, wealth is evident in every corner. The Dallas-Fort Worth metroplex offers a perfect balance of peaceful suburban life and a thriving economy in places like Southlake and Flower Mound.
Meanwhile, Barton Creek and Round Top bring a touch of culture and natural beauty to Texas’s wealthiest areas. Each of these richest cities in Texas showcases the state’s undeniable prosperity and high quality of life.
FAQs
Where Do Billionaires Live in Texas?
Austin is home to more than ten billionaires, including well-known figures like Elon Musk and Michael Dell.
Why Is Dallas So Prosperous?
Dallas’s prosperity stems from several factors: favorable tax policies, a prolonged bull market, and significant GDP growth. The city has thrived due to expansions in foreign trade, oil, banking, transportation, and defense spending.
Which City Is the Largest in Texas?
Houston is the largest city in Texas and the fourth-largest in the United States. It spans over 600 square miles (1,600 km²) and serves as the county seat of Harris County.
What Is Texas Best-Known for?
Texas is famous for its rich cowboy heritage, sprawling cities, varied landscapes, and flavorful Tex-Mex dishes. The state is also known for its significant cattle and oil industries, lively rodeos, vibrant music scene, and unique Texan traditions.
Is Texas Cheaper Than New York?
Yes, Texas is generally much cheaper than New York. For example, the overall cost of living in Dallas is about 84% lower than in New York City, and in Houston, it’s nearly 90% lower. Texas offers more affordable housing, lower rent, and savings on groceries, utilities, and healthcare compared to New York.
