A small part of Houston, TX, will tell you that the richest suburb is near Northwest Highway. However, this might be a bit of a misnomer. Sure, the wealthiest parts of Houston are along the north and west sides of the city, but there is actually a rather large suburb that is full of life and vitality located directly across the freeway and railroad tracks from Downtown Houston.
This suburb is called “The Fort Bend.” Located in central Texas, Fort Bend is the second-largest suburb in the city of Houston, TX. In fact, it is the second-largest suburb in the whole of Texas. Think about that for a moment.
The population of Fort Bend, Texas, is around 310,000. With around 40,000 new homes and apartments being constructed every year, there is plenty of opportunity for a house or apartment purchase. There are a number of excellent schools in the area, too, including four universities. If you are looking to move into a new neighborhood, the options are endless.
Why Is The Fort Bend Area So Rich?
Well, the economy of Fort Bend is certainly a factor. With over 160 Fortune 500 companies located within the confines of the city, it is clear that business is thriving. The area is also home to a large number of millionaires due to its high birth rate and extremely high house value. Those who live in the area are well-to-do, and it shows. The average household income in Fort Bend is around $76,000-$78,000, while the city of Houston’s average household income is around $55,000.
One of the key factors contributing to the wealth of the Fort Bend area is its excellent school system. The city is home to three universities, and those who live in the suburb are usually well-educated. Around 70% of the population has at least a bachelor’s degree, compared to the 35% average for the city of Houston. That alone could explain the $16,000-$18,000 monthly income gap between the two areas.
The Ultimate Houston Luxury Real Estate Guide
If you are looking to invest in real estate in Houston, where should you look? Well, the most luxurious part of the city is along the north and west sides, with wealthy residents living in elegant homes. The suburbs of the city, however, are where the opportunity lies. A few of the most luxurious areas of Texas are located in the Houston area, including a wealthy suburb known as “Northwest Houston.” The average house sale price is around $1.3 million, and many of the homes are valued at over $2 million, so it’s evident that this is a popular choice for those seeking to make an investment.
If you are looking to live in a luxurious environment, with plenty of opportunity for investment, then the Houston suburbs are a perfect choice. While it might not be the most well-known fact, Houston is actually one of the wealthiest cities in the country. Those who live there can enjoy a life of luxury, with many opportunities for investment.
Will Everyone Living In The Fort Bend Area Be Wealthy?
Not necessarily. While there will always be some millionaires living in the Fort Bend area, the school system isn’t necessarily creating future tycoons. Due to its superior educational system and high-paying jobs, the city is attractive to those seeking a better lifestyle. People are moving to Houston from across the country to take advantage of the diverse economy and high property prices.
However, there is one vital thing that this superior school system doesn’t prepare its residents for – the city’s extreme weather conditions. While the temperatures aren’t that bad in the summer, the area is prone to heavy rain and flooding during the rainy season. If you are not prepared for that, living in the Fort Bend area could be risky. Those who live near the border area with Louisiana have an additional concern – the rising seas caused by climate change.
Where Can I Live In The Fort Bend Area?
If you are looking to live in the Fort Bend area, where should you look? Well, there are a few areas that you could consider, but the most important thing is to find a place that you feel comfortable in. You don’t want to move to a neighborhood where you feel out of place or unsafe, so take your time searching for the right location.
One of the best places to live in the Fort Bend area is the Houston Suburbs, particularly the Briarwood community. If you are looking for a new neighborhood with a variety of shops, parks, and restaurants, then Briarwood could be the perfect fit. It also has one of the highest average household incomes in the city, at around $97,000. If you are seeking a more affordable solution, the Sugar Land area is also a good choice. You won’t find many luxurious residences in the area, but you will find a diverse economy, with plenty of places for you to eat and drink. The average household income is around $70,000 there, so it’s not a bad choice either.
Another great place to live in the Fort Bend area is the new Greens point neighborhood. It’s still under construction, but once it’s complete, it will offer an excellent lifestyle. Residents will have access to the nearby Gulf beaches, as well as restaurants and bars located on-site at the water’s edge. Those who live in the center of the neighborhood can walk to Memorial Park, where they can enjoy the countryside and take advantage of the fresh air.