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    A nod to North Texas

    Nature-filled Dallas suburb flourishes as Money’s No. 4 best place to live in 2021

    John Egan
    Sep 22, 2021 | 1:44 pm
    Flower Mound, Stone Creek Park
    Flower Mound is known for its outdoorsy offerings in places like Stone Creek Park.
    Facebook/Flower Mound Parks and Recreation

    The Dallas suburb of Flower Mound is enjoying a blossoming reputation.

     

     Money magazine awards Flower Mound the No. 4 spot on its new list of the 50 best places to live in the U.S. Just one other DFW community appears on the list: No. 19 Frisco.

     

    The only other Texas city to make it is No. 25 Round Rock. Chanhassen, Minnesota, a suburb of Minneapolis, lands in the No. 1 spot this year.

     

    Flower Mound bumped Rockwall from the fourth-place perch it earned last year. Money says that to “keep the list interesting,” it disqualified the top five finishers from 2020, including Rockwall.

     

    “Locals say Flower Mound still has a small-town feel, but it’s growing quickly. The city saw the highest job growth of any place on our list over the last five years. It also comes in second for the highest projected job growth over the next five, just after Round Rock down near Austin,” according to Money.

     

    The publication highlights Flower Mound’s:

     
       
    • Recreational activities such as camping, boating, hiking, and horseback riding.
    •  
    • Annual Fourth of July bash.
    •  
    • Close proximity to Dallas.
    •  
    • Location near Dallas/Fort Worth International Airport.
    •  
    • 100 percent graduation rate at Flower Mound High School.
    •  
    • New campus of Midwestern State University.
    •  
     

    And about the name itself, "Flower Mound," Money writes, "According to town legend, in the mid-1800s in what is now Texas, settlers came across a hill covered in an unusually large number of wildflowers and aptly named it The Flower Mound. Now, 150 years later, more than 175 types of wildflowers, plants and grasses have been identified on the mound, and the area surrounding the hill is a thriving Dallas suburb..."

     

    For the list, Money considered communities with populations ranging from 25,000 to 500,000. Flower Mound is home to about 76,000 people, according to the U.S. Census Bureau.

     

    The magazine then narrowed the list to 50 towns or cities based on factors such as:

     
       
    • Crime rate.
    •  
    • Median income.
    •  
    • Population growth.
    •  
    • Diversity.
    •  
    • Cost of living.
    •  
    • Economic opportunity.
    •  
    • Education.
    •  
    • Amenities.
    •  
    • Health and safety.
    •  
    • Housing market.
    •  
    • Quality of life.
    •  
     

    "Flo Mo," as it's affectionately known, is no stranger to making lists. In 2019, it topped Chamber of Commerce's list of best places to live in Texas; came in No. 4 on Apartment List's ranking of best cities for young families; and nabbed SafeHome.org's title as the safest city in Texas.

     
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    Exclusive enclaves

    3 affluent Dallas neighbors dominate new list of wealthiest U.S. suburbs

    Amber Heckler
    Jul 17, 2025 | 10:00 am
    3540 Wentwood Drive, University Park home for sale
    Photo courtesy of Estately
    This over-the-top mansion in University Park is on the market for $7.2 million.

    Three well-to-do Dallas-area communities - University Park, Southlake, and Colleyville - are among the wealthiest suburbs in America in 2025, a new report has confirmed.

    The three affluent Dallas neighbors were lauded in GoBankingRates just-released ranking of the 50 wealthiest U.S. suburbs, based on 2022 and 2023 average household income data sourced from the U.S. Census Bureau.

    University Park ranked as the sixth wealthiest suburb for the second consecutive year, while Southlake moved up into the No. 7 spot after earning a No. 13-rank in 2024.

    Meanwhile, Colleyville made its 2025 debut on the list as the 47th wealthiest American suburb.

    Compared to last year's report, the average income for a University Park household has increased by $8,633, to $389,868. The value of the typical home in this affluent Dallas enclave is in the seven-figure range, surpassing $2.45 million in May, which the report noted is 5 percent higher than it was this time last year.

    University Park's prosperity is no secret; it ranked as the fourth wealthiest U.S. suburb in GoBankingRates' 2023 report.

      1737 Tuscan Ridge Circle, Southlake home for sale Southlake also boasts many charming homes for hefty price tags. This home on Tuscan Ridge Circle is for sale for $1.25 million.Photo courtesy of Estately

    Southlake (No. 7) made a substantial climb up the chart from its 2024 rankings, as did its average household income ($382,520 compared to $360,078 last year). The typical home value for a Southlake home in May came out to more than $1.29 million, up from $1.24 million in the 2024 report.

    Earlier this year, Southlake nearly topped a separate list of the best suburbs to live in America, also in part thanks to its residents' high median income.

    Newcomer Colleyville (No. 47) entered the 2025 rankings with an average household income of $265,831 according to GoBankingRates' findings, and a typical home value of $923,032.

    Dallas-Fort Worth was the only metro in Texas to have three entries on this year's list.

    Elsewhere in Texas
    Two Houston-area suburbs, West University Place and Bellaire, were returnees in the 2025 report. West U held on to its top-three spot for the second year in a row, while Bellaire moved up two places and is now the 23rd most affluent American suburb.

    The top 10 wealthiest suburbs in America for 2025 are:

    • No. 1 – Scarsdale, New York (New York City)
    • No. 2 – Rye, New York (New York City)
    • No. 3 – West University Place, Texas (Houston)
    • No. 4 – Los Altos, California (San Jose)
    • No. 5 – Alamo, California (Oakland)
    • No. 6 – University Park, Texas (Dallas)
    • No. 7 – Southlake, Texas (Fort Worth)
    • No. 8 – Hinsdale, Illinois (Chicago)
    • No. 9 – Orinda, California (Oakland)
    • No. 10 – Wellesley, Massachusetts (Boston)
    dallasfort worthcolleyvilleuniversity parksouthlakesuburbsaffluent householdswealthy suburbsgobankingrates.com
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