You either have to strike Texas gold, be related to the Bush Presidents, own a cattle ranch, or have a bank account like Jerry Jones to live in our top ten richest cities in Texas for 2024.
You can stop your search if you’re looking for safe cities with amazing schools, grand swimming pools, great BBQ, and a high-end ten-gallon hat. These cities in the Lone Star State have all of the five-star amenities, and then some. If you move to cities on our list, like Bellaire, you might find yourself living next to notables like Dennis Quaid or one of the 2000 Little League Championship team members.
To narrow down the richest cities in Texas, we used Saturday Night Science to analyze the latest Census and Zillow data on incomes and home prices. We limited the analysis to 479 Texan cities with more than 3,000 residents.
Cities on our list, like Southlake and Trophy Club, have some of the fanciest golf courses. Cities like Fair Oaks Ranch and Prosper provide the idyllic Texas backdrop where you can chase tumbleweed for miles and ride your horse into the sunset.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Texas For 2024
What’s the wealthiest city in Texas? According to the data, when wealthiest city in Texas for 2024 is Hunters Creek Village.
So, if you care about living where there are great jobs and wealthy people, take a look the list below. The Lone Star State is calling.
Rich people not your cup of tea? Feel free to check out some more reading about Texas:
The 10 Richest Cities In Texas For 2024
1. Hunters Creek Village
/10
Population: 4,383
Median Income: $250,001
Median Home Values: $2,507,763
More on Hunters Creek Village: Data | Real Estate
2. Piney Point Village
/10
Population: 3,114
Median Income: $250,001
Median Home Values: $2,507,763
More on Piney Point Village: Data | Real Estate
3. Bunker Hill Village
/10
Population: 3,820
Median Income: $250,001
Median Home Values: $2,507,763
More on Bunker Hill Village: Data | Real Estate
4. University Park
/10
Population: 25,179
Median Income: $250,001
Median Home Values: $2,037,260
More on University Park: Data | Crime | Cost Of Living | Real Estate
5. West University Place
/10
Population: 14,963
Median Income: $250,001
Median Home Values: $1,706,657
More on West University Place: Data | Crime | Cost Of Living | Real Estate
6. Highland Park
/10
Population: 8,840
Median Income: $249,923
Median Home Values: $2,475,526
More on Highland Park: Data | Crime | Cost Of Living | Real Estate
7. Southlake
/10
Population: 30,779
Median Income: $250,001
Median Home Values: $1,122,373
More on Southlake: Data | Crime | Cost Of Living | Real Estate
8. West Lake Hills
/10
9. Spring Valley Village
/10
Population: 4,222
Median Income: $229,702
Median Home Values: $1,324,098
More on Spring Valley Village: Data | Real Estate
10. Bellaire
/10
Population: 17,163
Median Income: $215,636
Median Home Values: $986,454
More on Bellaire: Data | Crime | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Texas For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 479 places with more than 3,000 people in Texas, we ranked each place from 1 to 479 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Hunters Creek Village, crowned the “Richest City In Texas For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Texas.
You can skip to the end to see the rankings for all 479 places.
Summary: The Wealthiest Places In Texas For 2024
Like we said earlier, when we set out to identify the richest places in Texas, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Texas.
The richest cities in Texas are Hunters Creek Village, Piney Point Village, Bunker Hill Village, University Park, West University Place, Highland Park, Southlake, West Lake Hills, Spring Valley Village, and Bellaire.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Texas, according to data:
Poorest: Falfurrias
2nd Poorest: Marlin
3rd Poorest: Tulia
For more Texas reading, check out:
Detailed List Of The Richest Cities In Texas
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Hunters Creek Village | 2.75 | $250,001 | $2,507,763 |
| 2 | Piney Point Village | 2.75 | $250,001 | $2,507,763 |
| 3 | Bunker Hill Village | 2.75 | $250,001 | $2,507,763 |
| 4 | University Park | 4.75 | $250,001 | $2,037,260 |
| 5 | West University Place | 5.25 | $250,001 | $1,706,657 |
| 6 | Highland Park | 5.5 | $249,923 | $2,475,526 |
| 7 | Southlake | 6.25 | $250,001 | $1,122,373 |
| 8 | West Lake Hills | 8.0 | $210,000 | $2,124,938 |
| 9 | Spring Valley Village | 8.0 | $229,702 | $1,324,098 |
| 10 | Bellaire | 10.5 | $215,636 | $986,454 |
| 11 | Lucas | 11.5 | $205,288 | $1,003,546 |
| 12 | Parker | 12.0 | $202,727 | $1,011,628 |
| 13 | Terrell Hills | 15.0 | $199,643 | $840,452 |
| 14 | Shavano Park | 15.0 | $187,750 | $919,482 |
| 15 | Colleyville | 16.0 | $196,298 | $825,914 |
| 16 | Heath | 17.0 | $211,522 | $701,027 |
| 17 | Double Oak | 18.0 | $187,115 | $769,545 |
| 18 | Prosper | 19.5 | $178,224 | $764,610 |
| 19 | Argyle | 21.0 | $205,246 | $653,803 |
| 20 | Mclendon-Chisholm | 22.5 | $167,750 | $714,461 |
| 21 | Lakeway | 23.0 | $154,118 | $782,679 |
| 22 | Trophy Club | 23.5 | $183,125 | $662,834 |
| 23 | Garden Ridge | 26.0 | $156,711 | $700,602 |
| 24 | Fulshear | 28.0 | $170,602 | $601,277 |
| 25 | Keller | 29.0 | $162,094 | $603,388 |
| 26 | Fair Oaks Ranch | 30.0 | $150,237 | $670,180 |
| 27 | Alamo Heights | 30.0 | $149,332 | $699,020 |
| 28 | Sunnyvale | 31.5 | $152,632 | $638,548 |
| 29 | Highland Village | 31.5 | $162,879 | $568,524 |
| 30 | Frisco | 32.5 | $144,567 | $650,075 |
| 31 | Flower Mound | 33.0 | $154,471 | $582,405 |
| 32 | Murphy | 33.5 | $152,847 | $583,866 |
| 33 | Beach City | 34.0 | $169,570 | $517,404 |
| 34 | Weston Lakes | 34.0 | $125,038 | $712,580 |
| 35 | Annetta | 35.0 | $160,893 | $518,149 |
| 36 | Coppell | 36.0 | $143,817 | $591,824 |
| 37 | Celina | 39.0 | $142,643 | $551,707 |
| 38 | Hollywood Park | 44.0 | $137,411 | $510,127 |
| 39 | Hickory Creek | 45.5 | $138,584 | $489,358 |
| 40 | Aledo | 49.5 | $123,045 | $497,638 |
| 41 | Bee Cave | 49.5 | $104,949 | $910,939 |
| 42 | Melissa | 50.0 | $138,465 | $450,384 |
| 43 | Allen | 50.5 | $121,259 | $506,564 |
| 44 | Helotes | 51.5 | $124,367 | $472,660 |
| 45 | Cedar Park | 53.5 | $118,903 | $489,193 |
| 46 | Leander | 54.0 | $129,684 | $445,365 |
| 47 | Dripping Springs | 54.25 | $104,141 | $737,947 |
| 48 | Sachse | 55.0 | $127,888 | $443,583 |
| 49 | Mckinney | 55.0 | $113,286 | $506,871 |
| 50 | Sugar Land | 56.5 | $132,247 | $431,661 |
| 51 | Midlothian | 59.5 | $119,323 | $443,526 |
| 52 | Grapevine | 60.0 | $107,165 | $517,910 |
| 53 | Friendswood | 60.5 | $121,301 | $435,930 |
| 54 | Fairview | 60.5 | $103,219 | $640,850 |
| 55 | Mont Belvieu | 61.5 | $132,010 | $413,425 |
| 56 | Northlake | 62.5 | $105,962 | $511,249 |
| 57 | Rockwall | 64.0 | $114,799 | $440,779 |
| 58 | Bulverde | 64.5 | $107,315 | $484,817 |
| 59 | Ovilla | 65.0 | $109,130 | $468,881 |
| 60 | Plano | 65.5 | $105,679 | $503,025 |
| 61 | Taylor Lake Village | 65.5 | $150,479 | $377,035 |
| 62 | Roanoke | 67.5 | $113,171 | $429,441 |
| 63 | Katy | 68.25 | $114,917 | $415,489 |
| 64 | Corinth | 69.5 | $116,083 | $411,905 |
| 65 | Mansfield | 70.5 | $112,465 | $423,311 |
| 66 | Little Elm | 72.0 | $110,218 | $426,402 |
| 67 | Lago Vista | 73.5 | $108,823 | $427,904 |
| 68 | Oak Point | 76.0 | $104,120 | $447,635 |
| 69 | Castle Hills | 76.5 | $102,768 | $450,113 |
| 70 | Fate | 77.0 | $121,935 | $369,189 |
| 71 | Pflugerville | 77.5 | $111,151 | $402,967 |
| 72 | Kennedale | 78.0 | $112,646 | $385,086 |
| 73 | Wylie | 79.0 | $109,465 | $411,646 |
| 74 | Lavon | 79.5 | $122,889 | $366,648 |
| 75 | Horseshoe Bay | 79.5 | $85,197 | $742,935 |
| 76 | Iowa Colony | 81.0 | $110,000 | $395,615 |
| 77 | Rowlett | 82.0 | $110,954 | $381,572 |
| 78 | Decordova | 82.0 | $115,013 | $368,014 |
| 79 | Willow Park | 82.5 | $104,931 | $415,055 |
| 80 | Buda | 82.5 | $105,378 | $411,841 |
| 81 | Manvel | 83.0 | $105,188 | $413,399 |
| 82 | The Colony | 83.0 | $106,518 | $403,361 |
| 83 | Liberty Hill | 84.0 | $93,198 | $479,584 |
| 84 | League City | 84.5 | $117,316 | $363,433 |
| 85 | Woodway | 86.5 | $111,014 | $368,615 |
| 86 | Pearland | 87.0 | $111,123 | $367,684 |
| 87 | Austin | 88.0 | $86,556 | $533,213 |
| 88 | Richardson | 88.5 | $94,362 | $436,131 |
| 89 | Round Rock | 92.0 | $91,888 | $436,302 |
| 90 | Cibolo | 93.0 | $116,510 | $341,576 |
| 91 | Boerne | 93.5 | $82,982 | $556,332 |
| 92 | Hutto | 94.0 | $105,743 | $367,638 |
| 93 | Georgetown | 96.0 | $87,465 | $447,599 |
| 94 | Carrollton | 96.5 | $95,380 | $410,598 |
| 95 | Royse City | 96.75 | $114,917 | $338,372 |
| 96 | Krum | 101.5 | $105,366 | $352,240 |
| 97 | Aubrey | 106.0 | $93,071 | $378,839 |
| 98 | Red Oak | 108.0 | $105,309 | $339,153 |
| 99 | Providence Village | 110.0 | $101,654 | $350,083 |
| 100 | Addison | 110.5 | $78,153 | $462,821 |