Welcome to the glittering metropolis of Houston, Texas – the wealthiest city in the Lone Star State. Boasting a thriving economy, world-class cultural institutions, and a diverse population, Houston is a city on the rise.
With a GDP of over $450 billion, it’s no surprise that Houston is home to some of the richest and most successful individuals and businesses in the country.
From energy tycoons to medical moguls, Houston’s elite has helped shape the city into a true economic powerhouse.
So come and discover the opulence and opportunity that awaits in Houston, the richest city in Texas.
Richest City in Texas
The richest city in Texas is Highland Park, an upscale area located in central Dallas. It is known for its exclusive properties, prestigious schools, and small-town atmosphere.
Despite its small size, it is one of the wealthiest cities in Texas, with a median household income of over $200,000. The city has a low crime rate, good schools, and high-end shopping and dining options.
It is also home to many notable residents and celebrities, making it one of the most sought-after places to live in Dallas.
It is also close to downtown Dallas and other major parts of the city, giving residents access to all the amenities of a big city while still enjoying the comforts of a small community.
What City in Texas has the Most Millionaires?
Houston, Texas is known to have the most millionaires among the cities in the state.
According to a report by Phoenix Marketing International, Houston had the highest number of households with more than $1 million in investable assets in 2020.
The city has a diverse economy that includes oil and gas, healthcare, and technology.
The presence of large corporations such as ExxonMobil, ConocoPhillips, and Sysco, and the Texas Medical Center, the largest medical center in the world, have attracted many highly-paid executives and professionals to the area.
Additionally, the city’s proximity to the Gulf of Mexico also plays a role in its wealth, as the oil and gas industry is a significant contributor to the economy.