The 10 Richest Cities In Texas For 2023


We analyzed 349 places in Texas to determine where the 1% live.

HomeSnacks is reader-supported. When you click through real estate links on our site, we earn an affiliate commission. Learn more.

You either have to strike Texas gold — oil that is –, 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 2023.

If you’re looking for safe cities and neighborhoods, amazing schools, grand swimming pools, great BBQ, and high-end ten gallon hat and #$%@-kicker stores with a bank account to match, you can stop your search. There are cities in the Lone Star State that have all of these five star amenities, and then some. And there are many cities in Texas that do just that. Is it like the ‘Beverly Hillbillies’ never left Texas in most of Texas’ richest cities? Absolutely. And 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 members of the 2000 Little League Championship team.

How does one get their hand on one of these super wealthy cities? Well, a couple of things have to fall into place for you. First off, you need to find a job that pays close to $200,000/year. Might we suggest a job with USAA or Valero Energy in our number one richest city? Whether it’s insuring millions of people or digging for oil, we’re sure you’ll stay busy and wealthy. Secondly, you have to be a hard worker. Unemployment rates and poverty rates in these Texas cities, barely reach 3.5%.

Monetary wealth does make a city rich, but there are cities on our list that are both rich in the dollar as well as rich in amenities. Cities on our list like Southlake and Trophy Club have some the fanciest golf courses. And cities like Fair Oaks Ranch and Prosper provide the idyllic Texas backdrop where you can chase tumbleweed for miles and/or ride your horse into the sunset. These cities have staycation written all over them. This means that you can keep money in your wallet to live that posh Texas lifestyle.

To see which cities came out on top of our wealthiest cities in Texas for 2023, take a look at the list below.

Here are the 10 richest places in Texas for 2023:

  1. Southlake
  2. Bellaire
  3. Alamo Heights
  4. Lucas
  5. Lakeway
  6. Coppell
  7. Heath
  8. Highland Village
  9. Bee Cave
  10. Keller

To narrow down the richest cities in Texas, we looked at several factors: poverty rate, median household income, unemployment rate; and obviously, where the richest of the rich live. The cities also had to have a population of at least 5,000.

This left us with 355 cities in the largest state, and one of the most populous states in the country.

What’s the wealthiest city in Texas? According to the data, whe wealthiest city in Texas for 2023 is Southlake.

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 2023

1. Southlake

Southlake, TX

Overall SnackAbility

10
/10

Population: 30,754
Rank Last Year: 1 (No Change)
Median Income: $239,833
Unemployment Rate: 2.2%
Poverty Rate: 2.3%
More on Southlake: Real Estate | Photos

2. Bellaire

Bellaire, TX

Source: Public domain
Overall SnackAbility

8
/10

Population: 17,262
Rank Last Year: 4 (Up 2)
Median Income: $211,202
Unemployment Rate: 2.4%
Poverty Rate: 2.1%
More on Bellaire: Real Estate | Photos

3. Alamo Heights

Alamo Heights, TX

Overall SnackAbility

10
/10

Population: 7,360
Rank Last Year: 3 (No Change)
Median Income: $152,188
Unemployment Rate: 1.7%
Poverty Rate: 3.9%
More on Alamo Heights: Real Estate | Photos

4. Lucas

Overall SnackAbility

6
/10

Population: 7,437
Rank Last Year: 5 (Up 1)
Median Income: $159,563
Unemployment Rate: 2.9%
Poverty Rate: 1.1%
More on Lucas: Real Estate

5. Lakeway

Lakeway, TX

Overall SnackAbility

9.5
/10

Population: 18,471
Rank Last Year: 9 (Up 4)
Median Income: $142,566
Unemployment Rate: 2.3%
Poverty Rate: 3.0%
More on Lakeway: Real Estate | Photos

6. Coppell

Coppell, TX

Overall SnackAbility

10
/10

Population: 42,420
Rank Last Year: 6 (No Change)
Median Income: $130,805
Unemployment Rate: 2.4%
Poverty Rate: 2.6%
More on Coppell: Real Estate | Photos

7. Heath

Heath, TX

Overall SnackAbility

6
/10

Population: 9,362
Rank Last Year: 15 (Up 8)
Median Income: $193,767
Unemployment Rate: 3.5%
Poverty Rate: 1.5%
More on Heath: Real Estate | Photos

8. Highland Village

Highland Village, TX

Overall SnackAbility

10
/10

Population: 15,769
Rank Last Year: 25 (Up 17)
Median Income: $151,951
Unemployment Rate: 3.3%
Poverty Rate: 1.8%
More on Highland Village: Real Estate | Photos

9. Bee Cave

Bee Cave, TX

Overall SnackAbility

9
/10

Population: 8,538
Rank Last Year: 13 (Up 4)
Median Income: $100,179
Unemployment Rate: 1.4%
Poverty Rate: 4.7%
More on Bee Cave: Real Estate | Photos

10. Keller

Keller, TX

Overall SnackAbility

9.5
/10

Population: 45,190
Rank Last Year: 10 (No Change)
Median Income: $149,822
Unemployment Rate: 3.0%
Poverty Rate: 3.5%
More on Keller: Real Estate | Photos

Methodology: How We Determined The Richest Places In Texas For 2023

Map Of The Richest Places To Live In Texas
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify 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 2017-2021 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 355 places with more than 5,000 people in Texas, we ranked each place from 1 to 355 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, Southlake, crowned the “Richest City In Texas For 2023”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 355 places.

Summary: The Wealthiest Places In Texas For 2023

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.

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: Prairie View
2nd Poorest: Marlin
3rd Poorest: Roma

For more Texas reading, check out:

Detailed List Of The Richest Cities In Texas

Rank City RichScore Median Income
1 Southlake 15.67 $239,833
2 Bellaire 17.33 $211,202
3 Alamo Heights 19.33 $152,188
4 Lucas 22.0 $159,563
5 Lakeway 26.0 $142,566
6 Coppell 26.67 $130,805
7 Heath 30.33 $193,767
8 Highland Village 31.67 $151,951
9 Bee Cave 33.0 $100,179
10 Keller 34.33 $149,822
11 Royse City 35.0 $99,726
12 Corinth 36.33 $109,922
13 Krum 38.0 $85,089
14 Rockwall 39.33 $107,301
15 Roanoke 39.33 $111,694
16 Fair Oaks Ranch 41.67 $127,917
17 Bulverde 46.0 $100,419
18 Celina 47.33 $126,474
19 Prosper 47.67 $159,164
20 Pearland 47.67 $107,941
21 Parker 49.67 $177,413
22 Cedar Park 50.33 $110,478
23 Melissa 52.67 $127,391
24 Lumberton 53.67 $88,295
25 Bridge City 54.33 $93,867
26 Flower Mound 54.67 $145,153
27 Manvel 55.0 $99,081
28 Midlothian 56.0 $107,532
29 Frisco 57.33 $134,210
30 Kennedale 57.33 $102,217
31 Trophy Club 60.0 $170,679
32 University Park 62.0 $247,045
33 Decatur 62.67 $66,034
34 Leander 63.33 $117,090
35 Boerne 66.0 $79,692
36 Highland Park 66.0 $234,427
37 Buda 66.0 $87,571
38 Mckinney 66.33 $106,437
39 Colleyville 67.67 $180,698
40 Red Oak 69.33 $86,902
41 Wake Village 69.33 $76,583
42 League City 70.0 $112,273
43 Allen 70.0 $118,254
44 Woodway 72.0 $105,483
45 Providence Village 73.33 $100,134
46 White Oak 73.67 $81,219
47 Terrell Hills 75.67 $180,958
48 Princeton 76.33 $85,548
49 Carrollton 76.67 $87,299
50 Seabrook 77.0 $94,967
51 Seminole 77.0 $66,128
52 Fulshear 78.0 $170,236
53 Mansfield 81.67 $105,579
54 Manor 82.0 $91,285
55 West University Place 82.33 $250,001
56 Saginaw 82.67 $89,071
57 Portland 83.0 $82,439
58 Rowlett 83.67 $102,965
59 Burleson 84.0 $84,373
60 The Colony 84.0 $96,901
61 Plano 84.33 $99,729
62 Anna 84.67 $77,787
63 Friendswood 86.67 $114,516
64 Sugar Land 86.67 $123,733
65 Nederland 87.0 $74,745
66 Kyle 88.0 $80,622
67 Midland 88.0 $87,900
68 North Richland Hills 88.67 $80,932
69 Lake Dallas 90.0 $64,921
70 Burnet 90.67 $70,766
71 Joshua 91.0 $62,203
72 Jersey Village 92.33 $83,877
73 Farmers Branch 92.67 $77,306
74 Pflugerville 92.67 $98,938
75 Waxahachie 95.0 $74,789
76 Cibolo 96.33 $106,654
77 Addison 96.67 $74,012
78 Murphy 97.0 $147,257
79 Round Rock 97.33 $86,587
80 Northlake 97.33 $96,056
81 Katy 98.0 $115,250
82 River Oaks 98.0 $61,566
83 Fate 99.33 $114,280
84 Sachse 99.33 $114,593
85 Fairview 101.67 $92,326
86 Robinson 101.67 $87,282
87 Lockhart 101.67 $64,633
88 Wylie 101.67 $98,994
89 Lago Vista 103.33 $92,667
90 Iowa Park 103.67 $56,517
91 Ingleside 103.67 $63,639
92 Port Neches 104.0 $78,467
93 Sanger 104.67 $75,531
94 Nassau Bay 106.67 $62,449
95 Bedford 106.67 $76,409
96 New Braunfels 107.33 $76,890
97 Benbrook 108.0 $76,348
98 Richland Hills 108.0 $67,266
99 Aubrey 109.67 $74,216
100 Angleton 109.67 $70,717

How Is The Area In ?

Editor’s Note: Data has been updated for 2023. This is our tenth time ranking the richest cities in Texas.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.