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3 North Texas Suburbs Ranked Among the Wealthiest in United States

We love driving around these well-to-do communities to point out which houses we like most. Even if we’ll never be able to afford one.
Image: Southlake saw an impressive rise through the rankings between last year and now.
Southlake saw an impressive rise through the rankings between last year and now. Adobe Stock

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A list of the 50 most affluent suburbs in the United States was released last week, and, surprise, several Dallas-area enclaves top the list.

The GoBankingRates annual list averages household income data from the U.S. Census to determine which burbs have the most green. The 2025 list used census data from 2022 and 2023, which were the most recently available.

First, an interesting omission. Highland Park, home of shopping we can’t afford and a country club we’ll never see past the gates of, did not make the list. That’s not because of a lack of wealth, though. GoBankingRates only considered suburbs with 5,000 or more households for the rankings. With just shy of 3,500 roofs, Highland Park is too exclusive even for a list like this one.

Neighboring enclave University Park, however, did make the list as Dallas’ highest-ranked suburb and sixth-wealthiest suburb overall. According to census data, the average household income in University Park sits south of $400k at $389,868 a year. As of May 2025, the average home in University Park was valued at $2,456,871, a 5% increase from the year prior.

University Park also claims the title of Dallas’ wealthiest zip code. We’d say hats off to the esteemed residents of UP, but let’s be real. None of them is reading this article.

Following University Park's placement is Southlake, clinching spot No. 7 on the list. Southlake's annual household income is on par with University Park’s — $382,520 — and is growing by the year. Also increasing is the average home value in the town. If you’re hoping to raise a clan of Southlake Dragons, you’ll generally find yourself looking at a $1,290,325 price tag.

Southlake’s Top 10 spot marks an impressive rise through the rankings; in last year’s list, they were 13th wealthiest.

We figured that was it for humble Big D. Two top 10 rankings are nothing to scoff at, after all!

But as we neared the end of the list, No. 47 beckoned. Colleyville, Texas, long the little brother of Southlake, made the list for the first time this year. If you’re looking for a top 50 suburb, Colleyville is undoubtedly the most affordable of the bunch. The average household income sits at $265,831, and as of May of this year, the average home was valued at $923,032. That’s under a million dollars, people!

Colleyville’s inclusion on the list marks DFW as the first Texas metro area to claim three spots on the list. Houston had two top 50 suburbs, West University Place and Bellaire, while Austin had none.