Richest Neighborhoods In Austin 2023 - Texas Capital Forum & Coalition (2024)

Are you curious to know which neighborhoods in Austin are the wealthiest? Look no further! In this post, we’ll be exploring the top five richest neighborhoods in Austin, Texas, and uncovering the secrets to their success. From the average household income to the amenities that make these neighborhoods so desirable, you’ll get an inside look at the best of the best. So, let’s get started!

Several factors contribute to why many wealthy people choose to live in Austin, Texas:

• Strong economy: Austin has a strong economy, with a thriving tech industry, a growing healthcare sector, and a significant presence of government and education institutions. This has created a high demand for skilled workers, which has led to job growth and high salaries.
• Quality of life: Austin is often ranked as one of the best cities in the United States, with a high quality of life, good weather, and a range of outdoor activities, cultural events, and entertainment options. This has made it an attractive place for high-income people to live and invest.
• No state income tax: Texas does not have a state income tax, which can be a significant draw for high-income earners. This means they can keep more of their income and use those savings to invest in property and other assets.
• Education: Austin is home to several well-regarded universities, including the University of Texas at Austin, which has a strong reputation for research and innovation. This has helped attract highly educated people to the city, contributing to its economic growth.
• Real estate opportunities: Austin’s market has been strong recently, with many high-end properties available. This has made it an attractive location for wealthy people to invest in property, which has increased property values in some areas.

Overall, Austin’s strong economy, quality of life, tax benefits, education opportunities, and real estate opportunities make it an attractive place for wealthy people to live and invest.

Richest Austin Neighborhoods for 2023

here are the 25 wealthiest neighborhoods in Austin, along with their median household income based on recent data from the United States Census Bureau:

1. West Lake Hills – $215,870
2. Barton Creek – $162,500
3. Tarrytown – $152,000
4. Rollingwood – $151,875
5. Lost Creek – $148,984
6. Old Enfield – $141,563
7. Clarksville – $139,643
8. Pemberton Heights – $138,438
9. Rob Roy – $136,324
10. Westfield – $130,481
11. Balcones Park – $127,708
12. Rosedale – $125,556
13. Judges’ Hill – $124,297
14. Stratford Hills – $123,250
15. Bryker Woods – $119,950
16. Northwest Hills – $117,250
17. Zilker – $113,750
18. Allandale – $112,287
19. Northwest Hills – $109,279
20. Travis Heights – $107,875
21. Rosedale – $105,833
22. Hyde Park – $105,039
23. Mueller – $103,663
24. Westover Hills – $102,500
25. Barton Hills – $100,583

Please note that the median household income for these neighborhoods is subject to change and may not reflect current market conditions.

Ranking of the wealthiest neighborhoods in Austin (Median Income)

According to the most recent data from the United States Census Bureau, here are some of the richest neighborhoods in Austin, Texas, based on median household income:

West Lake Hills

With a median household income of $215,870, West Lake Hills is one of the wealthiest neighborhoods in Austin. It is located just west of downtown and is known for its luxury homes and scenic views of the Texas Hill Country.

Rollingwood

Rollingwood, located just south of West Lake Hills, has a median household income of $173,750. It is a small, affluent community known for its high-end homes and convenient access to downtown Austin.

Barton Creek

With a median household income of $168,125, Barton Creek is another affluent neighborhood in the Austin area. It is located just west of downtown and is known for its luxurious homes and upscale amenities, including a private country club and golf course.

Tarrytown

Tarrytown, located just west of downtown Austin, has a median household income of $159,464. It is a highly sought-after neighborhood with a mix of historic and modern homes and easy access to downtown and other popular Austin attractions.

Lost Creek

Lost Creek, located just west of downtown Austin, has a median household income of $149,464. It is a quiet, upscale neighborhood known for its large homes and highly-rated public schools.

It’s important to note that while these neighborhoods have high median household incomes, Austin is a relatively expensive city, and the cost of living can be high even in affluent areas.

Wealthiest Zip Codes in Austin Area

here’s a table of the 25 wealthiest zip codes in the Austin area, along with the city/county they are in, the population, and the average home values based on recent data from Zillow and the United States Census Bureau:

These average home values are subject to change and may not reflect current market conditions.