A Bloomberg analysis on U.S household incomes in 2015 affirmed something many North Texans may have already guessed: Southlake and Colleyville are affluent cities.
While that isn't surprising news, Southlake's and Colleyville's ranking on Bloomberg's 2017 list of “America's 100 Richest Places” could cause a few of you to raise an eyebrow. Not only did Southlake make the cut for the top 100, it busted through to the top 50, coming in at No. 42. Colleyville came in at No. 77, with an average household income of $207,438, over a $1600 increase from the 2014 census. Southlake also experienced a rise in average household income with the 2014 average of $232,034 increasing over $10,000 to $243,029 in 2015.
A total of six Texas cities made the top 100. Of those, Highland Park ranked the highest at No. 14. Other cities included West University Place, University Park and Bellaire, ranked Nos. 16, 27 and 47, respectively.
Notably, most cities within the top 100 were in the northeast, and over one-third were within 50 miles of New York City. As far as states located to the southern and eastern parts of the nation, Texas and California dominated the list.
To see the entire list, visit https://www.bloomberg.com/graphics/2017-hundred-richest-places/