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Texas

Southlake, Texas is one of the wealthiest cities in the country.

The US Census Bureau recently released its latest American Community Survey, offering an updated picture of demographic and economic conditions in the United States. The typical American household earned an average of $69,021 in the five years ending 2021, according to new ACS estimates.

This latest figure represents a 6% increase over the five-year period ending in 2020. But while the 2021 ACS shows wage increases for most American households, it also highlights the significant income inequality in the United States, as there are parts of the country where incomes are much higher than average.

Southlake, Texas is one of the places where the median household income is more than double the national average. The typical household in the area earns $239,833 a year, the fourth highest of any city with sufficient data and 247.5% more than the national average.

Incomes in the United States for individuals and the general population tend to rise with higher levels of education. It is estimated that 73.0% of adults in Southlake have a bachelor’s degree or higher, far exceeding the proportion of adults with a similar level of education of 33.7% nationwide.

All data in this story are five-year 2021 ACS estimates. For the purposes of this history, cities are defined as incorporated legal entities or census-defined statistical areas with a population greater than 25,000 and may include communities bordering college or university campuses. Cities were excluded if the number of households for which income was determined was less than 1,000 in ACS 2021 or if the sampling error associated with place data was considered too high.

classify Town Average household income ($) Adults with a bachelor’s degree or higher (%) Average home value ($) population
1 Los Altos, California 250,000+ 85.9 2,000,000+ 31 562
2 University Park, Texas 247 045 88.5 1 380 600 25 029
3 McLean, Virginia 242 610 84.7 1 102 100 49 310
four Southlake, Texas 239 833 73.0 723 800 30 754
five Wellesley, Massachusetts 226 250 84.9 1 251 800 29 365
6 Saratoga, California 224 179 80.6 2,000,000+ 31 194
7 San Carlos, California 204 570 67.7 1 904 400 30 754
8 Lexington, Massachusetts 202 852 85.0 980 100 34 235
nine Cupertino, California 199 778 80.9 2,000,000+ 60 681
10 Potomac, Maryland 198 870 83.8 937 000 46 891
eleven Sammamish, Washington 195 648 76.0 939 600 66 532
12 Palo Alto, California 194 782 82.7 2,000,000+ 68 624
13 Ridgewood, New Jersey 194 256 78.3 789 900 25 991
fourteen Lafayette, California 192 546 74.2 1 606 400 25 384
15 Westfield, New Jersey 185 319 76.4 810 400 30 950
sixteen Needham, Massachusetts 182 813 81.0 939 800 31 808
17 Danville, California 181 453 70.4 1 252 400 43 673
eighteen Collyville, Texas 180 698 68.8 586 400 25 827
nineteen Menlo Park, California 179 913 72.6 2,000,000+ 33 677
20 Bethesda, Maryland 178 370 87.9 958 400 66 294
21 Belmont, California 178 125 69.2 1,682,000 28 109
22 Parkland, Florida 174 295 66.7 655 300 33 772
23 Wilmette, Illinois 173 967 83.8 710 400 27 895
24 Foster City, California 173 721 70.2 1 482 500 33 511
25 San Ramon, California 173 519 70.3 1 063 200 85 688
26 Dublin, California 171 168 67.6 983 000 69 818
27 South Riding, Virginia 170 456 68.2 571 300 33 828
28 Mercer Island, Washington 170 000 77.5 1 504 500 25 506
29 Rancho Ladera, California 169 706 65.8 863 400 25 526
thirty Manhattan Beach, California 169 586 77.9 2,000,000+ 35 585
31 Plainview, New York 168 140 69.0 632 300 26 665
32 Pleasanton, California 167 932 66.3 1 116 800 79 558
33 Los Gatos, California 166 642 73.4 1 893 200 33 309
34 Brentwood, Tennessee 165 948 75.6 711 900 44 354
35 Princeton, New Jersey 165 149 85.3 893 600 30 717
36 Newton, Massachusetts 164 607 80.2 992 800 88 647
37 Mill Creek East, Washington 161 684 60.4 637 300 25 528
38 Sunnyvale, California 161 670 66.8 1 528 500 155 550
39 Olney, Maryland 161 065 66.0 551 300 35 815
40 Hoboken, New Jersey 160 890 80.3 777 600 59 369
41 Leewood, Kansas 159 540 74.7 498 900 33 748
42 Prosper, Texas 159 164 63.7 524 700 28 825
43 Rancho Palos Verdes, California 158 996 68.4 1 247 600 42 316
44 Mountain View, California 158 104 72.1 1 613 300 82 409
45 North Tustin, California 157 487 57.7 973 800 25 708
46 Burke, Virginia 157 336 64.2 573 900 44 191
47 Milton, Massachusetts 153 971 65.0 710 700 28 382
48 Commack, New York 153 858 56.4 560 800 36 252
49 Fremont, California 153 475 60.1 1 069 700 231 502
50 Highland Park, Illinois 153 226 76.4 523 500 30 245

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