Where You'll Find the Richest Place in Texas: A Guide to the State's Most Affluent Suburbs

Texas is home to some of America’s most exclusive neighborhoods, where family incomes soar well above national averages. Research into household earnings and property values across Texas communities reveals a fascinating portrait of the state’s wealthiest places. By examining all Texas cities with 5,000 or more households, financial analysts identified 20 standout neighborhoods where prosperity is the norm rather than the exception. These richest place in texas communities showcase median household earnings ranging from $165,000 to nearly $410,000 annually, with corresponding home values that reflect their status as premier residential destinations.

Houston Area’s Most Exclusive Neighborhoods

The Houston metropolitan region dominates the rankings of Texas’ richest suburbs, claiming seven of the top twenty positions. West University Place leads the entire state with average household earnings of $409,677 and median property values exceeding $1.7 million, establishing it as the quintessential example of concentrated wealth. Bellaire follows within the same metro area, offering families a more established community feel with typical household income of $311,033 and home values around $1.1 million. Additional Houston-area communities in the ranking include Fulshear ($210,123 median income), Cinco Ranch ($178,516), and Sugar Land ($174,026), providing varying price points for affluent families seeking to settle in the region’s thriving economic ecosystem.

Dallas-Fort Worth Region’s Premier Communities

The Dallas-Fort Worth-Arlington metropolitan area commands the most entries on the richest neighborhoods list, with eight of the twenty positions. University Park ranks second nationally with average household income of $389,868 and the highest median home values at approximately $2.4 million, reflecting its status as one of Texas’ most coveted addresses. Southlake claims third place with $382,520 in median household earnings and strong property appreciation patterns. The region extends its affluence through established names like Colleyville ($265,831 annual income), Prosper ($229,754), Keller ($217,210), Coppell ($194,208), Flower Mound ($191,231), Frisco ($186,265), Celina ($184,308), Highland Village ($182,741), and Murphy ($176,156), creating a diverse portfolio of wealthy Dallas suburbs that cater to different lifestyle preferences and investment strategies.

Austin’s Growing Wealthy Communities

The Austin-Round Rock-Georgetown corridor represents Texas’ emerging wealth center, with three communities ranking among the state’s richest suburbs. Steiner Ranch leads the region with $232,530 in typical household income and median home values near $528,500, appealing to professionals relocating to Austin’s booming tech sector. Lakeway offers a more established alternative with $222,045 in median household earnings and waterfront-adjacent properties valued around $824,500. Leander rounds out Austin’s representation with $167,516 annual household income, providing an entry point into the region’s affluent communities for families prioritizing growth potential over current price points.

Understanding Texas’ Wealth Distribution Patterns

Across all three major metropolitan regions, the richest place in texas communities share common characteristics: strong employment centers, excellent school systems, and appreciating property values. The data, derived from 2023 American Community Survey figures and 2025 Zillow valuation data, reveals that proximity to major business hubs drives both income levels and housing costs. West University Place’s position at the top reflects its adjacency to Houston’s Energy Corridor and medical centers, while University Park’s exclusive Dallas location near Southern Methodist University supports its premium positioning. These neighborhoods represent not merely high incomes, but accumulated wealth and economic stability across multiple generations of residents.

The richest suburbs in texas demonstrate that extraordinary household earnings extend well beyond a single city. Rather, affluence in Texas manifests across established neighborhoods and emerging communities throughout the state’s three dominant metropolitan areas, each offering distinct advantages to households seeking to relocate to prosperous environments.