Affluent Fort Worth neighbor cashes in among richest cities in Texas

Southlake is one of the wealthiest cities in Texas.

A new ranking from data provider HomeSnacks shows that the city of Tarrant County, home to professional athletes, CEOs and transplants from California, rose from # 8 on the list of the richest cities in Texas in 2020 to # 5 on this year’s list.

To compile the ranking, HomeSnacks looked at median household incomes, poverty rates, and unemployment rates for cities in Texas with at least 5,000 residents. Therefore, the ranking is not just based on how rich a city’s residents are. Still, you’re curious about the money, aren’t you?

In terms of household income, Southlake – population 31,292 – has an average of $ 240,248. The unemployment rate is 2.2 percent and the poverty rate 2.5 percent.

It is one of five Dallas-Fort Worth cities to be on the exclusive list for 2021. Southlake includes the Dallas enclave of Highland Park (No. 2) and the northern suburbs of Celina (No. 3), Prosper (No. 7). and Melissa (No. 9).

DFW’s Trophy Club (now # 36), Willow Park (now # 21) and Coppell (now # 11) have lost their top 10 finishes from last year.

Top of HomeSnacks’ nationwide list is once again the San Antonio suburb of Terrell Hills, with an average household income of $ 181,979. The unemployment rate is 1.2 percent and the poverty rate 0.7 percent.

One of Terrell Hills’ neighbors, Alamo Heights, entered the top 10 this year. It rose from 32nd place last year to 10th place this year. Alamo Heights has a median household income of $ 141,048, an unemployment rate of 1 percent, and a poverty rate of 4.4 percent.

Here are the 10 richest cities in Texas for 2021 as determined by HomeSnacks.

1. Terrell Hills (San Antonio)

Population: 5,371
Rank last year: 1st
Median household income: $ 181,979
Unemployment rate: 1.2 percent
Poverty rate: 0.7 percent

2. Highland Park (Dallas-Fort Worth)

Population: 9,168
Rank last year: 3rd
Median household income: $ 211,136
Unemployment rate: 1.4 percent
Poverty rate: 2.3 percent

3. Celina (Dallas-Fort Worth)

Population: 11,116
Rank last year: 14
Median household income: $ 124,375
Unemployment rate: 1 percent
Poverty rate: 0.7 percent

4. Bellaire (Houston)

Population: 18,815
Rank last year: 2
Median household income: $ 206,734
Unemployment rate: 2 percent
Poverty rate: 2.3 percent

5. Southlake (Dallas-Fort Worth)

Population: 31,292
Rank last year: 8
Median household income: $ 240,248
Unemployment rate: 2.2 percent
Poverty rate: 2.5 percent

6. West University Place (Houston)

Population: 15,603
Rank last year: 5th
Median household income: $ 250,001
Unemployment rate: 2.6 percent
Poverty rate: 1.7 percent

7. Prosper (Dallas-Fort Worth)

Population: 22,517
Rank last year: 12
Median household income: $ 146,733
Unemployment rate: 2.1 percent
Poverty rate: 2.4 percent

8. Fair Oaks Ranch (San Antonio)

Population: 9,944
Rank last year: 9
Median household income: $ 128,398
Unemployment rate: 1.8 percent
Poverty rate: 3 percent

9. Melissa (Dallas-Fort Worth)

Population: 9,487
Rank last year: 4th
Median household income: $ 118,348
Unemployment rate: 2.2 percent
Poverty rate: 1.1 percent

10. Alamo Heights (San Antonio)

Population: 8,374
Rank last year: 32
Median household income: $ 141,048
Unemployment rate: 1 percent
Poverty rate: 4.4 percent

Comments are closed.