The size of the population and the extent of geographical boundaries do not define the prosperity of a territory.
A small town in Texas
He knows it well, because has become the richest in the entire state.
His name appears at the top of a very recent Texas demographics ranking that, Based on national census data on median income, was able to make this discovery. These figures are turning into gold for companies looking to invest more and more businesses in prosperous towns around the United States.
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What is the richest town in Texas?
The richest city in Texas is Westlakea small town located between Denton County and Tarrant County. Its residents had a median household income of $543,825 in 2022.
While it is exceptionally rich, Westlake only had a population of 1,920 people in 2023. The richest city in Texas with at least 5,000 people is Highland Park in Dallas County, with a median household income of $469,267 in 2022 and 8,642 people in 2023, according to the most current census data available.
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The total population of the city under construction is expected to be around 7,000 inhabitants, according to the city’s 2015 Comprehensive Plan.
The town of Westlake was founded by Charles and Matilda Medlin when they arrived in the area with about 20 other families in 1847. They initially settled along Denton Creek, but moved south to higher ground after enduring fierce flooding from the creek.
Years later, The area became the property of several wealthy families. who established their ranches, the same ones that in the 1950s adopted the name Westlake.
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Near Fort Worth, this growing small town in Texas is one of the best to live in
The small town is home to big companies like Charles Schwab, Deloitte University and others. And also famous ranches with facilities full of history, like Circle 12 Ranch, where an old chimney stands out in a field.
