Texas’ upscale communities are among the top 10 wealthiest towns in America, according to a new report for 2024. This community is Houston’s Bunker Hill Village, home to some of the wealthiest residents in Texas. Sorry, Colonial Hills.
This analysis by lending provider TitleMax uses U.S. Census Bureau median household income data to list the 50 wealthiest small towns, one from each state. The median household income in Bunker Hill Village is about $250,000, according to the report.
Of course, calling Bunker Hill Village a “small town” is a bit of a misnomer. Located 13 miles west of downtown Houston, Bunker Hill joins five other communities (Hunter’s Creek, Hillshire, Hedwig, Piney Point, and Spring Valley) to form Houston’s iconic Memorial Village. Masu. In 2023, Bunker Hill ranked as the third most expensive neighborhood in Houston, with homes selling for more than $2.7 million.
Notably, this area is home to Houston’s only Frank Lloyd Wright-designed home.
“We are extremely proud of our peaceful, tree-filled environment, and as a community we are working hard to preserve this environment for future generations,” the city’s website states. It’s dark.
More than half (56.5 percent) of the community of 1,250 households earn more than $200,000 annually, with the enclave’s median household income reaching $247,188, according to the study.
To put this into perspective, TitleMax revealed that the national median household income is $67,521. The Census Bureau’s 2023 American Community Survey estimates the median household income in Texas in 2023 to be $75,780.
Bunker Hill is one of the wealthiest suburbs in America, along with Houston’s Bellaire and West University Place. The north Texas suburb of Southlake also made the list.
Monte Sereno, a suburb of San Jose, Calif., ranked first, with a median household income of more than $250,000, according to the report.
“While many people think of cities as centers of wealth, many seek refuge in small towns that offer safety, beauty, and privacy,” the report’s authors write. .
Below are the top 10 wealthiest small towns in America by median household income.
No. 1 – Monte Sereno, CA ($250,000+) 2 – Cherry Hills Village, CO ($250,000+) No. 3 – Mission Hills, Kansas ($250,000+) No. 4 – Short Hills, NJ ($250,000+) No. 5 – Scarsdale, New York ($250,000+)No. 6 – Belle Meade, Tennessee ($250,000+)No. 7 – Glencoe, Illinois ($248,851)No. 8 – Bunker Hill Village, Texas ($247,188) No. 9 – Clyde Hill, Washington ($238,958)No. 10 – Chevy Chase Village, Maryland ($238,333)
