Dallas, TX

11 Wealthiest Cities in Texas 2024

Texas is home to some of the wealthiest cities in the United States- from the extravagant ranch-style homes of Piney Point Village to the sought-after hillside residences in Westover Hills. Here are the richest cities in Texas.  

Houston TX

What is the Richest Town in Texas?

Westlake is the richest town in Texas with a mean household income of $471,768 and a median sale price of homes of $4,022,051. It is home to wealthy Texans including many former Dallas Cowboys and Texas Ranger players!

Dallas, TX
Dallas, TX

What is the Richest City in Texas?

Hunters Creek Village is the richest city in Texas with a mean household income of $477,852 and a median sale price of homes of $2,611,269. It’s a very wealthy suburb of Houston.

11 Richest Cities in Texas

Westlake, TX

Westlake is the wealthiest town in Texas. Nestled in Tarrant County, Westlake is a small affluent town with a population of only 1,623.

Westlake’s mean household income stands at an impressive $471,768. Not surprisingly, Westlake is famous for being home to a host of former Dallas Cowboys and Texas Rangers players, as well as other influential business executives.  

Suburban Home mansion

Westlake’s downtown exudes an upscale charm with a range of high-end boutiques, fine-dining restaurants, and galleries. 

The median home sale price at Westlake is over $4 million! Westlake is a haven for luxury living with high-end homes, gated communities, and beautifully manicured golf courses.

It’s also home to the regional campus of Fidelity Investments and Deloitte University.

Being a suburb of Fort Worth, Westlake is a perfect blend of peaceful suburban life and city convenience. With Forth Worth just approximately 30 minutes away, Westlake residents enjoy easy commutes and quick access to the diverse cultural and entertainment amenities that Fort Worth has to offer.

With 32% of the population being children under 18, Westlake is a family-oriented community known for its excellent schools and safe environment.

Westlake, TX
Mean Household Income$471,768
Median Sales Price of Homes$4,022,051
Westlake, TX Profile

Hunters Creek Village, TX

Hunters Creek Village is one of the richest cities in Texas. Located in the western part of Harris County, Hunter Creek Village is home to a small population of 4,385 residents. 

Suburban Home mansion

Hunters Creek Village’s wealthy residents earn an impressive mean household income of $477,852. Not surprisingly, Hunters Creek Village residents are well-educated with 83.1% of the residents having a bachelor’s degree or higher.

Hunters Creek Village is home to luxury mansions, set in private neighborhoods with spacious backyards and lawns with a median sales price of $2,611,269. 

A suburb of Houston, Hunters Creek Village is part of the prestigious Memorial Villages, a collection of six independent and wealthy cities. 

Hunters Creek Village residents enjoy the close proximity to Houston’s bustling downtown, Galleria, and Museum District as well as the suburban lifestyle giving them an escape from the city’s hustle and bustle.

With 26.1% of its population being children under 18 years old, Hunters Creek Village is a family-friendly community.  

Hunters Creek Village, TX
Mean Household Income$477,852
Median Sales Price of Homes$2,611,269
Hunters Creek Village, TX Profile

Piney Point Village, TX

Piney Point Village is one of the wealthiest cities in Texas. Located in Harris County, Piney Point Village is an upscale residential suburb of Houston. 

Suburban Home

With a population of 3,128, the rich Texas city has an eye-popping mean household income of $465,566. An impressive 78.80% of the residents hold a bachelor’s degree or higher.

Just a few miles from downtown Houston, Piney Point Village is part of the prestigious Memorial Villages, a collection of six independent cities known for their wealth and exclusivity.

Piney Point Village is a haven that offers a quiet, wooded environment away from the hustle and bustle of the city, yet it’s conveniently located near Energy Corridor, the Galleria, and the Museum District.

Piney Point Village has a median sale price of $2,986,832. It is home to some of Houston’s most luxurious ranch-style homes and custom-built mansions, many of which sit on sprawling lots.

With 21% of the population being children under 18 years old, Piney Point Village is home to lots of families. The city’s location and top-ranked schools make it a sought-after place for families to settle down.

Piney Point Village, TX
Mean Household Income$465,566
Median Sales Price of Homes$2,986,832
Piney Point Village, Tx Profile

Check out the Richest Suburbs of Houston

Highland Park, TX

Highland Park is one of the wealthiest towns in Texas. Located just north of downtown Dallas, Highland Park is an affluent town home to 8,864 residents earning a mean household income of $429,832.

suburban home

Highland Park residents are well educated with a significant 84.60% of the residents having a bachelor’s degree or higher.

Highland Park, overlooking downtown Dallas, is an upscale town with small-town charm. It’s Park Cities living at its best with hedge-lined streets, luxury mansions, upscale shops, and excellent public schools.

The median sale price of homes at Highland Park is $2,432,566. In addition to its wealth and beauty, Highland Park is prized for its safety and walkability. The town’s police force is vigilant, and the town is walkable. 

The city’s education system is top-tier as well, with Highland Park ISD providing a private-school-quality education. With 26% of its population being children under 18 years old, Highland Park attracts a lot of families.

Highland Park, TX
Mean Household Income$429,832
Median Sales Price of Homes$2,432,566
Highland Park, TX Profile

Westover Hills, TX

Just a stone’s throw from Fort Worth is the affluent town of Westover Hills, Texas. With a population of 641, this 455-acre neighborhood shines with an average household income of $392,987, making it one of the wealthiest towns in Texas. 

suburban home

Notably, 77.30% of the population hold a bachelor’s degree or higher.

Westover Hills is more than just a suburb of Fort Worth; it holds the distinction of being one of the wealthiest suburbs of Fort Worth. With a median sale price of $3,500,000, Westover Hills residents live in grand mansions on elevated lots with stunning views.

Westover Hills affluent residents live the country club lifestyle in proximity to Shady Oaks Country Club. 

With a strong emphasis on safety for its affluent residents, Westover Hills have its own dedicated police department.

Westover Hills, TX
Mean Household Income$392,987
Median Sales Price of Homes$3,500,000
Westover Hills, TX Profile

Barton Creek, TX

Barton Creek is one of the wealthiest neighborhoods in Texas. It is a wealthy suburb of Austin, Texas. This exclusive neighborhood spans 5.4 square miles of picturesque wooded hill country and houses a small population of 3,356. 

Suburban Home

The mean household income at Barton Creek stands at an impressive $397,726, with a substantial 80.60% of residents holding a bachelor’s degree or higher.

Just 20 minutes from downtown Austin, Barton Creek offers its residents a perfect balance of city convenience and suburban lifestyle. 

The affluent Texas neighborhood is home to the renowned Barton Creek Resort and Club, multiple world-class golf courses, and a variety of high-end homes from garden estates to luxurious Mediterranean villas. The median sale price of homes at Barton Creek, TX is a whopping $3,401,692!

With 16% of the population being children under 18 years old, Barton Creek is a family-friendly community. Barton Creek is in the acclaimed Eanes School District, and several private schools, such as St. Gabriel’s School and St. Michael’s Academy, are within walking distance from many homes.

The Barton Creek area offers easy access to downtown Austin and is close to the upscale Hill Country Galleria for excellent dining and shopping options. 

Barton Creek, TX
Mean Household Income$397,726
Median Sales Price of Homes$3,401,692
Barton Creek, TX Profile

Check out: Places in Texas Where Homes are Selling Fast

Bunker Hill Village, TX

Bunker Hill Village is one of the wealthiest cities in Texas. It is an affluent suburb of Houston,  Bunker Hill Village is an upscale residential community that forms part of the prestigious Memorial Villages. 

Suburban Home

Bunker Hills has a small population of 3,822 with a high mean household income of $396,465. An impressive 83.30% of the residents have a bachelor’s degree or higher, home to well-educated working professionals.

Known for its tree-lined streets, expansive lots, and upscale homes, Bunker Hill Village is home to some of the most expensive properties in the Houston suburbs with a median sale price of $1,885,541. 

Yet it’s not just affluence that sets this city apart – part of the Spring Branch ISD, it is home to top-rated schools attracting families with 29.7% of its residents under 18 years old. 

Bunker Hill Village is centrally located, close to Houston, and within an hour away from the Gulf of Mexico beaches. In addition, the local crime rate is lower than the national average.

Bunker Hill Village, TX
Mean Household Income$396,465
Median Sales Price of Homes$1,885,541
Bunker Hill Village, TX Profile

Check out the Richest Suburbs of Austin

West University Place, TX

West University Place, affectionately known as “West U,” is one of the wealthiest cities in Texas. It is an affluent suburb of Houston that is consistently featured on national “best places to live” lists.

Suburban Home

With a population of 14,955, West University Place residents are lucky to enjoy a unique blend of urban comfort and suburban lifestyle. 

West University Place residents are wealthy with a mean household income of $365,547. Property prices are also high, with a median home sale price of $1,564,590.

West University Place residents are very well educated with the community boasting an impressive 91.30% of residents with a bachelor’s degree or higher. Also, home to Rice University, this neighborhood appeals to families and young professionals who value education.

The family-friendly appeal of “West U” is further amplified by the fact that 31.7% of its population is under 18 years old. 

West University Place residents live conveniently close to upscale shopping and dining- locals frequent the pedestrian-friendly Rice Village Shopping Center and enjoy the bustling nightlife along Morningside Boulevard.

West University Place, TX
Mean Household Income$365,547
Median Sales Price of Homes$1,564,590
West University Place, TX Profile

Check out the Richest Suburbs of San Antonio

University Park, TX

University Park is one of the wealthiest cities in Texas. It is an upscale suburb of Dallas,  just five miles from downtown Dallas. 

suburban home

Home to Southern Methodist University (SMU), University Park is often collectively referred to with Highland Park as the Park Cities. It is a small city with a population of 25,278, boasting a mean household income of $351,025. 

Not surprisingly, it is home to well-educated residents with an impressive 88.50% of University Park’s residents having a bachelor’s degree or higher.

Property values in University Park are among the highest in the Dallas suburbs, with the median sales price of homes reaching $1,838,796. 

Volk Estates, the city’s most prestigious neighborhood, features a collection of luxurious estate properties, many situated on plots over an acre.

University Park is centrally located with close proximity to Dallas and the high-end stores of Highland Park Village. 

University Park residents enjoy lots of upscale dining options, high-end local boutiques, and top-notch public schools. 

University Park is part of the Highland Park Independent School District, renowned as one of the best school systems in Texas. 

University Park, TX
Mean Household Income$351,025
Median Sales Price of Homes$1,838,796
University Park, TX Profile

Check out the Richest Suburbs of Dallas/Fort Worth

Southlake, TX

Southlake is one of the richest cities in Texas. It is a suburb of Dallas and Fort Worth, giving its residents big city convenience in an affluent suburban setting. 

Suburban Home pool

Southlake is known for its upscale real estate market with beautiful custom homes and luxurious estates, where the median home sale price of $1,259,744.

The city is home to a population of 31,265, boasting a mean household income of $325,046. With 73% of residents having a bachelor’s degree or higher.

Southlake is a family-friendly community attracting a lot of affluent families with 33.2% of its population under the age of 18 years old. It has a highly-rated school system. 

The heart of the city is the Southlake Town Square. Built around the Town Hall, this downtown district is a bustling center of community life with boutique stores and dining, a movie theater- it is easy to see why Southlake is a great place to live in. 

Southlake, TX
Mean Household Income$325,046
Median Sales Price of Homes$1,259,744
Southlake, TX Profile

West Lake Hills, TX

West Lake Hills is one of Texas’s wealthiest cities. It is an affluent suburb of Austin, located just a mere six miles west of downtown Austin. 

Suburban Home

West Lake Hills is a family-friendly suburb, home to 3,444 residents, enjoys a mean household income of $277,603, and a remarkable 83.10% of its population holds a bachelor’s degree or higher.

The neighborhood is a medley of luxurious hillside homes that provide breathtaking views of the hill country. With a median sale price of $2,704,146, it is one of the most exclusive areas in all of Austin.

West Lake Hills residents are attracted to its excellent schools, proximity to downtown for jobs and entertainment, and larger estate-sized homes in gated communities. 

With 26.8% of the population being children under 18 years old, West Lake Hills is a top choice for families. The entire suburb is located within the coveted Eanes Independent School District. 

West Lake Hills residents can live the country club lifestyle by being so close to Austin Country Club. It is also close to shopping and dining at the Village at Westlake shopping center and the Forum shopping mall.

West Lake Hills is a hub for various companies, including Accenture and Intel, and has top-tier medical facilities like the Hospital at Westlake Medical Center and Arise Austin Medical Center.

West Lake Hills, TX
Mean Household Income$277,603
Median Sales Price of Homes$2,704,146
West Lake Hills, TX Profile

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