Texas's Richest Areas: A Complete Ranking of the 20 Most Affluent Suburbs

If you’re looking to understand which areas in Texas hold the greatest concentration of wealth, you’ll want to know about the richest communities currently topping the income charts. Research analyzing Texas cities with at least 5,000 households has identified 20 suburbs that stand out for exceptionally high average household earnings. These top richest areas in Texas showcase median household incomes ranging from approximately $165,000 up to nearly $410,000 annually—a significant indicator of the economic disparity across different Texas communities.

The data behind this ranking comes from the 2023 American Community Survey paired with current property valuations, providing a comprehensive snapshot of where Texas wealth is concentrated. Understanding these richest areas can help anyone looking to relocate, invest in property, or simply understand Texas’s economic landscape.

1. West University Place – Houston Metro Area

Average Household Income: $409,677
Typical Home Value: $1,758,363

West University Place claims the top spot among Texas’s wealthiest suburbs with an average household income just under $410,000. As part of the Houston-The Woodlands-Sugar Land metropolitan area, this suburb represents the pinnacle of wealth concentration in the state.

2. University Park – Dallas-Fort Worth Region

Average Household Income: $389,868
Typical Home Value: $2,445,874

University Park comes in second with average household income exceeding $389,000. Part of the Dallas-Fort Worth-Arlington metro area, this suburb commands the highest median home prices across all richest areas ranked.

3. Southlake – Dallas-Fort Worth Region

Average Household Income: $382,520
Typical Home Value: $1,284,219

Southlake rounds out the top three with household incomes above $382,000, maintaining its position as one of the most prosperous Dallas suburbs.

4. Bellaire – Houston Metro Area

Average Household Income: $311,033
Typical Home Value: $1,123,984

Bellaire, part of Houston’s affluent suburbs, represents a secondary tier of wealth with household incomes exceeding $311,000.

5. Colleyville – Dallas-Fort Worth Region

Average Household Income: $265,831
Typical Home Value: $924,700

Colleyville continues the strong Dallas-Fort Worth presence among Texas’s richest areas with average household earnings around $266,000.

6. Steiner Ranch – Austin Metro Area

Average Household Income: $232,530
Typical Home Value: $528,502

Steiner Ranch represents Austin’s entry into the state’s wealthiest communities, with household incomes exceeding $232,000.

7. Prosper – Dallas-Fort Worth Region

Average Household Income: $229,754
Typical Home Value: $842,332

Prosper maintains Dallas-Fort Worth’s dominance in the rankings with approximately $230,000 average household income.

8. Lakeway – Austin Metro Area

Average Household Income: $222,045
Typical Home Value: $824,558

Lakeway, another Austin-area affluent suburb, demonstrates the region’s strong economic performance with household incomes above $222,000.

9. Keller – Dallas-Fort Worth Region

Average Household Income: $217,210
Typical Home Value: $658,426

Keller continues the strong showing of Dallas-Fort Worth suburbs with household incomes around $217,000.

10. Fulshear – Houston Metro Area

Average Household Income: $210,123
Typical Home Value: $545,379

Fulshear represents Houston’s growing affluent communities with household incomes exceeding $210,000.

11. Coppell – Dallas-Fort Worth Region

Average Household Income: $194,208
Typical Home Value: $643,052

Coppell enters the second tier of richest areas with household incomes approaching $195,000.

12. Flower Mound – Dallas-Fort Worth Region

Average Household Income: $191,231
Typical Home Value: $630,589

Flower Mound maintains Dallas-Fort Worth’s strong presence with household incomes near $191,000.

13. Frisco – Dallas-Fort Worth Region

Average Household Income: $186,265
Typical Home Value: $697,813

Frisco, a rapidly growing suburb, shows household incomes around $186,000 while maintaining substantial property values.

14. Celina – Dallas-Fort Worth Region

Average Household Income: $184,308
Typical Home Value: $616,746

Celina continues Dallas-Fort Worth’s representation with household incomes exceeding $184,000.

15. Highland Village – Dallas-Fort Worth Region

Average Household Income: $182,741
Typical Home Value: $609,887

Highland Village shows household incomes near $183,000 among the affluent Dallas suburbs.

16. Cinco Ranch – Houston Metro Area

Average Household Income: $178,516
Typical Home Value: $557,775

Cinco Ranch brings Houston back into the rankings with household incomes around $179,000.

17. Murphy – Dallas-Fort Worth Region

Average Household Income: $176,156
Typical Home Value: $608,510

Murphy contributes to Dallas-Fort Worth’s strong showing with household incomes near $176,000.

18. Sugar Land – Houston Metro Area

Average Household Income: $174,026
Typical Home Value: $462,592

Sugar Land, a well-known Houston suburb, demonstrates household incomes around $174,000.

19. Leander – Austin Metro Area

Average Household Income: $167,516
Typical Home Value: $455,706

Leander represents Austin’s growing prosperity with household incomes near $168,000.

20. Friendswood – Houston Metro Area

Average Household Income: $165,294
Typical Home Value: $464,519

Friendswood completes the ranking of Texas’s 20 richest areas with household incomes around $165,000.

Key Takeaways About Texas’s Wealthiest Communities

Examining these richest areas reveals clear patterns. The Dallas-Fort Worth-Arlington metro area dominates the list with 10 suburbs, followed by Houston-The Woodlands-Sugar Land with 6 affluent communities, and Austin-Round Rock-Georgetown with 3 prosperous suburbs. The income range from top to bottom spans more than $240,000, demonstrating significant wealth stratification across Texas’s metropolitan regions.

The richest areas in Texas consistently command premium home values, with University Park topping the list at over $2.4 million in typical home values. This correlation between household income and property value remains consistent throughout these 20 wealthiest suburbs.

Whether evaluating investment opportunities or considering relocation to one of Texas’s most affluent communities, this ranking provides essential data sourced from the 2023 American Community Survey and 2025 property valuations as of July 2025.