Mo’ money

These 10 affluent Texas cities cash in as the richest places in the state

These 10 affluent Texas cities cash in as richest places in the state

Terrell Hills San Antonio
Terrell Hills is the richest city in Texas. Photo courtesy of Kuper

Forget Beverly Hills. Move over, Manhattan. One San Antonio suburb is cashing in as the richest city in Texas.

A new list from data provider HomeSnacks ranks Terrell Hills as the richest place in Texas with at least 5,000 residents. The company analyzed four factors to arrive at that conclusion: poverty rate, median household income, and unemployment rate, as well as “where the richest of the rich live.”

Terrell Hills, with a population of 5,425 as of July 2018, boasts a median household income of $175,913, a 1.2 percent unemployment rate, and a 0.7 percent poverty rate, according to the HomeSnacks ranking, released January 11. The affluent suburb, just five miles northeast of downtown San Antonio, also topped HomeSnacks’ 2019 list of the richest cities in Texas.

No cities in the Austin-area appear on the list. Terrell Hills is joined by one other San Antonio suburb, plus six cities from the Dallas-Fort Worth area and two from Houston. Here are the 10 richest cities in Texas, as determined by HomeSnacks.

1. Terrell Hills (San Antonio)

2019 rank: 1
Median household income: $175,913
Unemployment rate: 1.2 percent unemployment rate
Poverty rate: 0.7 percent

2. Bellaire (Houston)

2019 rank: 2
Median household income: $201,629
Unemployment rate: 2.4 percent
Poverty rate: 1.7 percent

3. Highland Park (Dallas-Fort Worth)

2019 rank: 25
Median household income: $207,019
Unemployment rate: 2.3 percent
Poverty rate: 2.7 percent

4. Melissa (Dallas-Fort Worth)

2019 rank: 5
Median household income: $113,532
Unemployment rate: 1.4 percent
Poverty rate: 0.3 percent

5. West University Place (Houston)

2019 rank: 3
Median household income: $250,001
Unemployment rate: 2.9 percent
Poverty rate: 1.7 percent

6. Trophy Club (Dallas-Fort Worth)

2019 rank: 6
Median household income: $142,483
Unemployment rate: 2.5 percent
Poverty rate: 2.4 percent

7. Willow Park (Dallas-Fort Worth)

2019 rank: Not ranked
Median household income: $119,511
Unemployment rate: 2.3 percent
Poverty rate: 2.1 percent

8. Southlake (Dallas-Fort Worth)

2019 rank: 4
Median household income: $230,700
Unemployment rate: 3 percent
Poverty rate: 2.2 percent

9. Fair Oaks Ranch (San Antonio)

2019 rank: 7
Median household income: $125,806
Unemployment rate: 2 percent
Poverty rate: 3.6 percent

10. Coppell (Dallas-Fort Worth)

2019 rank: 13
Median household income: $123,802
Unemployment rate: 2.5 percent
Poverty rate: 3.2 percent