The 10 Richest Cities in Texas
“Richest” is a rather nebulous label when it comes to cities rather than individuals. There are a number of measurements that can be used to rank cities based on this criterion, but one of the best is per capita income. Said measurement is by no means perfect, but it is nonetheless very useful for creating a picture of the average individual who lives in the relevant region. Here are the 10 richest cities in Texas based on per capita income.
10. Mansfield – $56,446
Mansfield is one of the numerous communities that make up the Dallas-Fort Worth Metroplex. Location-wise, it is interesting in that it is situated at around the same distance to both Dallas and Fort Worth, thus making it an excellent choice for people who commute to either one of those places. 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.
9. Southside Place – $57,021
Southside Place can be found in Harris County, which is one of the most populous counties in the United States thanks to its county seat of Houston. Due to its location, it is one of the bedroom communities that can be found in Houston’s surroundings, though one that specializes in housing upper-middle as well as upper class families. Southside Place incorporated in June of 1931, which is why it wasn’t swallowed up by Houston like much of its surroundings.
8. University Park – $63,414
University Park and Highland Park make up the Park Cities, which is an enclave of Dallas. Generally speaking, University Park is known for being home to Southern Methodist University, thus making it a center of education. Based on the name, it should come as no surprise to learn that Southern Methodist University is a private Methodist research university. However, it teaches in a non-sectarian manner, which has presumably contributed to it having more Catholic students than Methodist students.
7. Olmos Park – $65,697
Olmos Park was meant to be an exclusive suburb of San Antonio from the very start, so it is perhaps unsurprising to learn that it is considered to be one of the richest cities that can be found in the whole of Texas. Nowadays, Olmos Park remains an enclave of said city with the result that its residents often make use of services situated elsewhere.
6. Hilshire Village – $66,620
Despite the name, Hilshire Village is a city rather than a village, though to be fair, its population is counted in the high hundreds. The place started up because of a man named Frank Bruess who bought 30 acres of land in the 1940s before being incorporated in the mid 1950s. Due to the timing, Hilshire Village wasn’t incorporated into Houston in the same manner as its unincorporated surroundings.
5. West University Place – $69,674
West University Place came into existence because of a former governor of Tennessee named Ben Hooper. It is named thus because it was situated so close to Rice Institute, which is now called Rice University. As a result, it is fitting that most of the street names in West University Place are references to either poets or institutes of higher education. Something that can be explained by them having been named by an English major and her friend who was the daughter of the city planner. 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.
4. Hill Country Village – $77,374
Hill Country Village is another excellent example of a place that is classified as a city but boasts numbers that are more in line with what most people would expect from the village that it is called. In any case, Hill Country Village is another one of the enclaves that can be found in the San Antonio Metropolitan Statistical Area. Primarily, it is known for its very small population and its very high per capita income.
3. Bunker Hill Village – $86,434
Technically, Bunker Hill Village is an independent enclave that can be found in western Houston. 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. As such, while Bunker Hill Village’s small size means that its residents can’t expect to find it packed with amenities, they have convenient access to everything that can be found in their surroundings. Suffice to say that this is an excellent reason to consider living in Bunker Hill Village, seeing as how the Memorial Super Neighborhood features a wide range of places offering a wide range of products and services. All of which are housed in mid-century modern and other architectural styles of interest.
2. Hunters Creek Village – $88,821
Speaking of which, Hunters Creek Village is another one of the Memorial Villages that can be found in western Houston. Like a lot of other communities on this list, Hunters Creek Village incorporated early enough that it wasn’t swallowed up by a bigger city’s expansion, with the result that it is now an enclave surrounded on all sides by said neighbor. Moreover, Hunters Creek Village is very similar to Bunker Hill Village in that its residents benefit from everything that can be found in the Memorial Super Neighborhood.
1. Piney Point Village – $133,558
Finally, it is interesting to note that Piney Point Village is one of the Memorial Villages as well, thus cementing the region’s place as one of the richest regions in the whole of Texas. This is rather interesting considering the place’s humble beginnings. In short, Piney Point Village was settled when the railroad came through with the result that German farmers settled in the region. Eventually, a community formed, situated very close to a sawmill that presumably meant a fair amount of economic benefit in those times. In the present, Piney Point Village is a very different kind of place, as shown by how it actually has restrictions against businesses of any kind.