Exploring Texas' Richest Suburbs: Where Affluence Concentrates Across the State

To identify the most prosperous residential communities in Texas, researchers examined all cities with 5,000 or more households and ranked them by average annual household earnings. The findings showcase a remarkable range of wealth, with household incomes spanning from approximately $165,000 to nearly $410,000 per year. These affluent neighborhoods feature property values equally impressive, ranging from around $455,000 to $2.4 million, reflecting the premium nature of these communities.

Dallas-Fort Worth Region: The Wealth Capital

The Dallas-Fort Worth metropolitan area dominates the list of Texas’ richest suburbs, claiming 10 of the top 20 positions. This region’s concentration of prosperity reflects its status as a major business hub with diverse economic opportunities.

University Park stands out as the second-wealthiest community overall, where residents enjoy average household incomes of $389,868 and median property values reaching $2,445,874. Southlake ranks closely behind with annual household earnings of $382,520 and typical home prices around $1,284,219, establishing itself as one of the region’s most desirable addresses.

Additional prominent communities in this metropolitan area include Colleyville ($265,831 in average household income), Prosper ($229,754), Keller ($217,210), Coppell ($194,208), Flower Mound ($191,231), Frisco ($186,265), Celina ($184,308), Highland Village ($182,741), and Murphy ($176,156). Together, these suburbs create a network of premium residential options for affluent families seeking quality of life and investment potential.

Houston Metropolitan Area: Luxury Communities with Strong Economics

The Houston region secures five positions among Texas’ wealthiest suburbs, demonstrating robust economic fundamentals and attractive real estate markets.

West University Place claims the top spot statewide with average household income of $409,677 and impressive median home values of $1,758,363. This community represents the pinnacle of suburban luxury in Texas, combining affluence with established prestige.

Bellaire follows as another Houston-area gem, with households averaging $311,033 in annual earnings and property values typically reaching $1,123,984. Fulshear ($210,123 average household income), Cinco Ranch ($178,516), Sugar Land ($174,026), and Friendswood ($165,294) round out the Houston-area listings, offering diverse options across various price points while maintaining strong economic indicators.

Austin-Round Rock Region: Growing Prosperity

The Austin metropolitan area contributes three communities to the richest suburbs ranking, reflecting the region’s economic expansion and growing appeal to high-income professionals.

Steiner Ranch leads this region with average household incomes of $232,530 and typical property values of $528,502. Lakeway follows closely with $222,045 in annual household earnings and $824,558 median home prices, offering lakefront living with strong economic fundamentals. Leander rounds out the Austin-area representation with $167,516 average household income and $455,706 typical property values.

Income and Property Valuations: Understanding Wealth Indicators

The data reveals a strong correlation between household income levels and property values across these richest suburbs. Communities with the highest annual earnings—ranging above $300,000—typically feature property values exceeding $1 million. Mid-tier communities with household incomes between $175,000 and $250,000 generally show property values in the $500,000 to $850,000 range.

This relationship underscores how these neighborhoods attract high-earning households and maintain their status as premier residential destinations. The combination of strong income demographics and robust real estate values positions these suburbs as stable investments and desirable places to reside.

Methodology and Data Sources

This analysis examined all Texas municipalities with 5,000 households or more, using 2025 property value data sourced from Zillow and household income figures from the 2023 American Community Survey. The research compiled comprehensive profiles of the 20 most affluent suburban communities, providing insight into where Texas’ wealthiest residents choose to establish their homes and build their lives.