University Park Ranks The Richest Of Texas Towns, Study Finds

The Center Square

University Park was ranked the richest town in Texas in a 24/7 Wall St. analysis examining small, affluent communities where most households earn at least three times the state’s median annual household income.

With a population of 24,954, University Park recorded a median home value of $1,230,200, based on household financial data that was collected before the coronavirus pandemic.

University Park’s poverty rate was pegged at 4.3 percent, and its median annual household income came in at $214,477.

A high level of education is one characteristic that residents of the richest towns have in common, according to the analysis.

The percentage of adults with four-year degrees in the 50 towns is among the highest of any jurisdiction in their states, the study concluded. The analysis considered only towns with populations of 1,000 to 25,000 residents.

Richest Towns by State

State Richest Town Median Household Income Poverty Rate Median Home Value Population
Alabama Highland Lakes $151,055 1.9% $441,000 5,500
Alaska Gateway $100,641 4.2% $296,500 7,037
Arizona Paradise Valley $204,145 5.0% $1,505,300 14,215
Arkansas Centerton $73,015 8.8% $170,700 13,252
California Belvedere $223,182 2.3% $2,000,000 2,098
Colorado Genesee $159,226 5.5% $694,900 3,766
Connecticut Darien $210,511 3.1% $1,461,100 21,759
Delaware North Star $141,533 1.8% $444,400 7,441
Florida Pinecrest $153,417 5.5% $919,800 19,446
Georgia Avondale Estates $108,299 2.9% $349,500 3,135
Hawaii Ocean Pointe $114,801 4.2% $629,800 14,037
Idaho Dalton Gardens $71,111 3.6% $364,600 2,765
Illinois Inverness $180,541 1.2% $625,100 7,747
Indiana Hidden Valley $106,285 3.7% $196,800 5,449
Iowa Robins $129,081 0.7% $301,700 3,414
Kansas Fairway $105,000 2.7% $352,200 3,947
Kentucky Buckner $123,220 11.5% $328,000 5,465
Louisiana Destrehan $92,052 3.6% $234,500 10,933
Maine Topsham $72,537 10.6% $218,800 6,103
Maryland Travilah $235,669 1.6% $1,090,400 11,633
Massachusetts Winchester $159,536 2.5% $893,700 22,677
Michigan Bloomfield Hills $174,750 2.9% $856,700 4,009
Minnesota Dellwood $176,528 0.3% $619,000 1,251
Mississippi Brandon $74,172 3.8% $177,900 23,688
Missouri Clarkson Valley $170,952 1.3% $629,200 2,640
Montana Montana City $93,194 2.4% $331,900 2,796
Nebraska Papillion $80,853 4.1% $180,700 20,466
Nevada Spring Creek $97,143 4.0% $225,400 13,805
New Hampshire Hampton $92,688 4.3% $358,300 9,235
New Jersey Glen Ridge $213,801 3.9% $644,900 7,573
New Mexico Los Alamos $106,288 6.6% $295,600 12,373
New York Greenville $222,115 3.3% $954,400 7,336
North Carolina Weddington $132,587 1.7% $443,600 10,574
North Dakota Horace $131,354 1.5% $293,800 2,660
Ohio New Albany $203,194 2.5% $494,600 10,896
Oklahoma Jenks $93,364 6.4% $205,100 21,793
Oregon Bethany $127,351 4.8% $509,900 24,396
Pennsylvania Edgeworth $161,641 5.8% $602,000 1,596
Rhode Island Cumberland Hill $88,199 5.3% $251,300 8,142
South Carolina Tega Cay $123,564 0.7% $316,500 9,954
South Dakota Brandon $84,075 2.5% $206,600 9,867
Tennessee Oak Hill $159,167 0.8% $649,000 4,634
Texas University Park $214,477 4.3% $1,230,200 24,954
Utah Highland $133,768 2.6% $536,100 18,362
Vermont Essex Junction $75,439 6.2% $283,400 10,395
Virginia Great Falls $228,836 2.8% $1,133,100 15,394
Washington Duvall $156,205 2.1% $452,200 7,811
West Virginia Bridgeport $80,666 4.1% $220,100 8,466
Wisconsin Whitefish Bay $117,300 3.5% $373,200 14,039
Wyoming Rock Springs $75,441 11.0% $217,400 23,633

Source: 24/7 Wall St.

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One Comment

  1. Another typical “dumb truck” story about the unknown location of a town called
    “University Park” which MUST be a fascinating place due to a poverty rate of 4.3%.

    Spoiler: Money only makes boring people more boring. Boring people are
    generally drawn to other boring people by boringingly shared commonalities and
    beliefs boringly expressed as look at me I’m free of everything but boredom, and
    I’m excited that University Park gives me the power to express myself as only it can.

    That’s why I’m glad that I live under a bridge and that’s why I’m glad that University
    Park has a place separate and apart in order to reside in a way that only they can.

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