Richest Neighborhoods in Texas (2026): Where Wealth Is Concentrated

Texas is often associated with affordability and lower taxes, but the state is also home to some of the most affluent residential communities in the country.
The richest neighborhoods in Texas are primarily concentrated in the Dallas, Houston, and Austin metro areas — where household incomes regularly exceed $200,000 and luxury properties reach multi-million-dollar valuations.

Below is a breakdown of Texas neighborhoods with the highest concentration of wealth based on household income levels, property values, and long-term financial patterns.

1. Highland Park (Dallas)

Highland Park consistently ranks among the wealthiest communities in Texas. Located just north of downtown Dallas, the area combines generational wealth, elite school districts, and luxury estate homes.
For a deeper look at income thresholds in the metro area, see our analysis of
what it takes to reach the top 10% of household net worth in Dallas

• Estimated Median Household Income: $250K+
• Typical Home Values: $1.5M – $4M+

2. University Park (Dallas)

Adjacent to Highland Park, University Park shares similar income levels and property values.
The neighborhood remains one of the strongest examples of concentrated wealth in North Texas.

• Estimated Median Household Income: $230K+
• Typical Home Values: $1M – $3M+

3. River Oaks (Houston)

River Oaks is widely considered Houston’s most prestigious residential enclave.
Historic estates, gated properties, and proximity to business districts define the neighborhood.
If you’re exploring Houston’s wealth distribution, read our breakdown of
the richest neighborhoods in Houston

• Estimated Median Household Income: $250K+
• Typical Home Values: $1.5M – $5M+

4. Westlake (Austin Area)

Located near downtown Austin, Westlake has become a hub for tech executives and high-earning professionals.
Luxury hillside homes and lakefront estates contribute to its high net-worth concentration.

• Estimated Median Household Income: $240K+
• Typical Home Values: $1.5M – $4M+

5. Southlake (Dallas–Fort Worth Area)

Southlake represents suburban luxury in the Dallas–Fort Worth region.
Large estate homes, strong school systems, and executive households define the area.

• Estimated Median Household Income: $200K+
• Typical Home Values: $900K – $2M+

6. Tarrytown (Austin)

Tarrytown blends historic homes with new luxury development near central Austin.
Its proximity to downtown and Lake Austin supports continued property appreciation.

• Estimated Median Household Income: $240K+
• Typical Home Values: $1.3M – $3M+

7. Preston Hollow (Dallas)

Preston Hollow is known for expansive estate properties and long-established wealth.
Many business leaders and high-profile residents live in this prestigious Dallas neighborhood.

• Estimated Median Household Income: $250K+
• Typical Home Values: $1.5M – $7M+

What Defines the Richest Neighborhoods in Texas?

• Household incomes well above $200,000 annually
• High concentration of luxury real estate
• Strong school districts and long-term property value growth
• Close proximity to major business and financial hubs

Texas Wealth in National Context

Although Texas overall maintains lower taxes and more moderate statewide housing costs compared to states like California or New York,
its wealthiest neighborhoods rival many coastal luxury markets.
In select cases, property values exceed $10 million and household wealth concentration mirrors top-tier national enclaves.

Bottom Line

The richest neighborhoods in Texas are primarily located in the Dallas, Houston, and Austin metro areas.
These communities demonstrate that while Texas remains broadly affordable, elite pockets of substantial wealth are deeply embedded across the state.