The 10 Richest Cities In Texas For 2021


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

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in Texas.

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 2021.

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 2021, take a look at the list below.

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 353 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 2021 is Terrell Hills.

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 2021

1. Terrell Hills

Terrell Hills, TX

Overall SnackAbility

10
/10

Population: 5,371
Rank Last Year: 1 (No Change)
Median Income: $181,979
Unemployment Rate: 1.2%
Poverty Rate: 0.7%
More on Terrell Hills: Real Estate | Photos

2. Highland Park

Highland Park, TX

Overall SnackAbility

7.5
/10

Population: 9,168
Rank Last Year: 3 (Up 1)
Median Income: $211,136
Unemployment Rate: 1.4%
Poverty Rate: 2.3%
More on Highland Park: Real Estate | Photos

3. Celina

Celina, TX

Overall SnackAbility

6
/10

Population: 11,116
Rank Last Year: 14 (Up 11)
Median Income: $124,375
Unemployment Rate: 1.0%
Poverty Rate: 0.7%
More on Celina: Real Estate | Photos

4. Bellaire

Bellaire, TX

Source: Public domain
Overall SnackAbility

10
/10

Population: 18,815
Rank Last Year: 2 (Down 2)
Median Income: $206,734
Unemployment Rate: 2.0%
Poverty Rate: 2.3%
More on Bellaire: Real Estate | Photos

5. Southlake

Southlake, TX

Overall SnackAbility

10
/10

Population: 31,292
Rank Last Year: 8 (Up 3)
Median Income: $240,248
Unemployment Rate: 2.2%
Poverty Rate: 2.5%
More on Southlake: Real Estate | Photos

6. West University Place

West University Place, TX

Source: Public domain
Overall SnackAbility

10
/10

Population: 15,603
Rank Last Year: 5 (Down 1)
Median Income: $250,001
Unemployment Rate: 2.6%
Poverty Rate: 1.7%
More on West University Place: Real Estate | Photos

7. Prosper

Prosper, TX

Overall SnackAbility

9
/10

Population: 22,517
Rank Last Year: 12 (Up 5)
Median Income: $146,733
Unemployment Rate: 2.1%
Poverty Rate: 2.4%
More on Prosper: Real Estate | Photos

8. Fair Oaks Ranch

Fair Oaks Ranch, TX

Overall SnackAbility

10
/10

Population: 9,944
Rank Last Year: 9 (Up 1)
Median Income: $128,398
Unemployment Rate: 1.8%
Poverty Rate: 3.0%
More on Fair Oaks Ranch: Real Estate | Photos

9. Melissa

Melissa, TX

Source: Public domain
Overall SnackAbility

9
/10

Population: 9,487
Rank Last Year: 4 (Down 5)
Median Income: $118,348
Unemployment Rate: 2.2%
Poverty Rate: 1.1%
More on Melissa: Real Estate | Photos

10. Alamo Heights

Alamo Heights, TX

Overall SnackAbility

9.5
/10

Population: 8,374
Rank Last Year: 32 (Up 22)
Median Income: $141,048
Unemployment Rate: 1.0%
Poverty Rate: 4.4%
More on Alamo Heights: Real Estate | Photos

How We Determined The Richest Places In Texas For 2021

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 2015-2019 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 353 places with more than 5,000 people in Texas, we ranked each place from 1 to 353 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, Terrell Hills, crowned the "Richest City In Texas For 2021". 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 353 places.

There You Have It - The Wealthiest Places In Texas For 2021

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: Carrizo Springs
3rd Poorest: Marlin

For more Texas reading, check out:

Detailed List Of The Richest Cities In Texas

Rank City RichScore Median Income
1 Terrell Hills 5.33 $181,979
2 Highland Park 7.0 $211,136
3 Celina 10.0 $124,375
4 Bellaire 10.33 $206,734
5 Southlake 13.67 $240,248
6 West University Place 14.33 $250,001
7 Prosper 14.33 $146,733
8 Fair Oaks Ranch 16.67 $128,398
9 Melissa 18.67 $118,348
10 Alamo Heights 20.33 $141,048
11 Coppell 20.67 $122,340
12 Keller 27.67 $141,364
13 Lakeway 28.33 $132,899
14 Fairview 30.33 $94,507
15 Buda 32.0 $89,688
16 Lucas 33.33 $160,278
17 University Park 34.33 $224,485
18 Colleyville 37.0 $163,509
19 Pearland 38.0 $104,504
20 Fate 39.0 $110,373
21 Willow Park 39.67 $101,947
22 Flower Mound 40.67 $137,285
23 Frisco 40.67 $127,055
24 Leander 41.0 $101,872
25 Anna 42.0 $95,136
26 Cedar Park 42.33 $104,019
27 Bee Cave 44.33 $94,509
28 Woodway 44.67 $89,196
29 Corinth 45.67 $103,099
30 Krum 46.67 $74,004
31 Midlothian 47.33 $95,306
32 Manvel 48.0 $86,585
33 Bridge City 50.33 $83,885
34 The Colony 51.0 $87,187
35 Highland Village 51.0 $147,222
36 Trophy Club 51.67 $147,477
37 Mansfield 54.33 $99,510
38 Sunnyvale 54.67 $132,488
39 Rockwall 57.67 $95,653
40 Heath 58.67 $155,781
41 Mckinney 59.33 $93,354
42 Nederland 61.67 $79,903
43 Fulshear 61.67 $166,863
44 Cibolo 64.0 $104,601
45 Plano 64.67 $95,602
46 Sachse 64.67 $102,175
47 Portland 65.0 $76,123
48 Boerne 65.33 $70,745
49 Richland Hills 65.67 $62,549
50 Kyle 66.67 $79,348
51 Grapevine 69.0 $91,143
52 Roanoke 70.33 $97,833
53 Saginaw 71.0 $83,402
54 Seabrook 71.0 $89,817
55 Burleson 71.0 $79,784
56 Hewitt 72.0 $72,077
57 Pflugerville 72.33 $93,627
58 Lumberton 72.33 $71,563
59 Sugar Land 73.67 $121,274
60 Allen 74.0 $105,925
61 Murphy 75.67 $126,196
62 Schertz 75.67 $87,059
63 Midland 78.67 $79,329
64 Bedford 79.33 $70,362
65 Carrollton 79.33 $78,306
66 Farmers Branch 79.33 $74,464
67 Iowa Park 79.67 $56,800
68 League City 80.0 $109,073
69 Robinson 85.0 $80,184
70 New Braunfels 87.0 $71,044
71 Providence Village 88.33 $95,539
72 Wylie 88.67 $92,395
73 Sanger 89.0 $65,727
74 Dalhart 89.0 $58,641
75 Selma 89.33 $73,175
76 Forney 90.67 $102,716
77 Friendswood 90.67 $111,478
78 Richardson 91.0 $85,678
79 Benbrook 91.33 $72,699
80 Joshua 91.33 $57,042
81 Rowlett 93.67 $101,085
82 River Oaks 94.67 $62,326
83 Euless 95.33 $65,921
84 Lake Jackson 96.67 $82,465
85 Addison 98.67 $74,986
86 Little Elm 99.33 $98,803
87 Royse City 99.33 $82,860
88 Hondo 99.33 $52,421
89 Red Oak 100.33 $71,957
90 Jersey Village 100.67 $72,852
91 Kennedale 101.0 $77,763
92 Lago Vista 101.0 $78,795
93 Lewisville 102.33 $64,493
94 Seminole 104.0 $58,068
95 Mcgregor 104.33 $58,514
96 Waxahachie 106.0 $65,589
97 Princeton 106.33 $67,204
98 Katy 107.0 $83,091
99 Helotes 108.33 $116,875
100 Andrews 109.0 $76,342

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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.

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