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Laid-back Dallas suburb named 5th best in U.S. by Travel + Leisure

Coppell is the No. 2 best suburb to live in Texas, and No. 5 nationwide.

City of Coppell, TX Municipal Government / Facebook

The Dallas-Fort Worth city of Coppell has new bragging rights: It was declared the No. 5 best American suburb to live in by a recent Travel + Leisure report.

The report analyzed feedback from Realtors and data from "recent livability rankings" to determine the 10 best U.S. suburbs with the most "affordable housing, top-rated schools, and excellent job opportunities."

Johns Creek, Georgia (located 30 miles outside Atlanta) claimed the title as the No. 1 best American suburb to live in. The Houston suburb of Cinco Ranch came in at No. 2.

Coppell was described in the report as a quieter alternative to the hustle and bustle of Dallas-Fort Worth, with average value of a home at more than $643,000 in July. The suburb's hot housing market means available homes go from on sale to pending in just six days, according to the Zillow Home Values Index.

Coppell's status as a commuter city, and its residents' laid-back lifestyles, are two of the main reasons families flock to the city over any others in Dallas-Fort Worth, the report said.

"[Coppell is] conveniently located within a short distance to the Dallas-Fort Worth International Airport and makes a wonderful location for those who travel for business and pleasure," said Deb Borrell, executive vice president of relocation at Allie Beth Allman & Associates, in the report.

Coppell Arts Center is a great place to take the kids during the weekend. Photo courtesy of Coppell Arts Center

Families can also take advantage of the many high-ranking schools in Coppell Independent School District, which are some of the best public high schools in Texas, according to Niche.

"Today, half of all Americans live in suburbs of different densities, driven by rising costs in cities plus a desire for more space and a laid-back lifestyle," the report said. "Because of that shift, suburbs are now more racially diverse than ever, offering a wide range of amenities like excellent restaurants, shops, and entertainment, but also top-rated public schools, medical centers, and recreational facilities."

The city has an active arts and entertainment scene, thanks to the always-busy Coppell Arts Center and nearby Sound at Cypress Waters. NBA star Monta Ellis recently opened a new elite basketball academy in Coppell. And its dining and shopping scene is newly buzzy, with a new kind of ramen restaurant choosing Coppell for its local debut, and a Trader Joe's grocery store and Tim Horton's coffee-and-doughnut shop on the way.

Dallas suburbs have been on a roll in national surveys lately: Flower Mound recently ranked the No. 29 most livable small U.S. city; University Park and Southlake were listed among the wealthiest American suburbs; and McKinney was just ranked the No. 4 best city in the nation for renters.

The top 10 best suburbs to live in, according to Travel + Leisure, are:

No. 1 – Johns Creek, Georgia
No. 2 – Cinco Ranch, Texas
No. 3 – Okemos, Michigan
No. 4 – North Bethesda, Maryland
No. 5 – Coppell, Texas
No. 6 – Brookline, Massachusetts
No. 7 – Brentwood, Mississippi
No. 8 – Carmel, Indiana
No. 9 – Short Pump, Virginia
No. 10 – Chesterbrook, Pennsylvania

The full report can be found on travelandleisure.com.

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in demand

Dallas ranks among top 10 U.S. metros for surge in millionaire renters

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The number of millionaire renters and homeowners in the U.S. has surged over the last five years, and Dallas has cracked the top 10 metros with the largest growth rates among these affluent renter households.

Nationwide, the number of millionaire renter households grew 229 percent from 2020 to 2024, far outpacing the 193 percent growth rate among millionaire homeowners, a new RentCafe study found.

In Dallas, the number of millionaire renter households has more than quintupled, from just 30 in 2020 to 165 in 2024. That represents a renter growth rate of 450 percent, which - surprisingly - is only the 8th highest nationwide.

Houston leads the nation with the No. 1 increase in millionaire renters. The number of these wealthy households increased from 18 to 232 over the last five years, representing an impressive 1,189 percent growth rate.

The top 10 U.S. metros with the biggest surge in millionaire renters are:

No. 1 – Houston
No. 2 – Naples, Florida
No. 3 – Miami
No. 4 – Seattle
No. 5 – Los Angeles
No. 6 – Denver
No. 7 – St. Louis, Missouri
No. 8 – Dallas
No. 9 – Boston
No. 10 – Phoenix

But when it comes to the largest populations of millionaire renters, New York City and San Francisco still lead the way. New York claimed the No. 1 spot with nearly 7,300 millionaire renters living in the city in 2024. Dallas ranked 17th on that list.

Elsewhere in Texas, Houston and Austin ranked as the 12th and 16th, respectively, for the largest population of millionaire renters. There were 232 millionaire renters living in Houston in 2024, and 206 in Austin.

This is who the typical millionaire renter is
The report also revealed a surprising statistic about the typical millionaire renter in the U.S. — a lot of them are millennials working in "white-collar, high-earning fields."

"Nearly half (49 percent) of millionaire renters are Millennials, and the number of affluent Millennial renter households surged 392 percent during the five-year period," the report said. "Gen X follows with 33 percent of millionaire Gen X households renting after increasing by 147 percent."

The report continued, "Although Gen Z still represents a small share of millionaire renters (just 2 percent of the total), no generation has expanded faster: Gen Z millionaire renter households leaped from fewer than a dozen to more than 400 — a tiny cohort today, but one that was virtually nonexistent five years ago."

The top three most common professions for millionaire renters are chief executives, software developers, and managers, the report additionally found.

"These roles tend to generate steady, substantial income without necessarily tying workers to one location, making renting a practical fit, rather than a financial necessity," the report said.

Hotspots for millionaire homeowners
In RentCafe's separate list comparing the top 10 most popular U.S. metros for millionaire homeowners, Dallas ranked 10th nationally with 4,731 millioniare homeowners living in the metro as of 2024. These wealthy Dallas residents are most likely working as chief executives, physicians, managers, and lawyers and judges.

Dallas has already proven to be a hotspot for millennial homebuyers, and the latest RentCafe data says millennials make up 19 percent of all millionaire homeowners in the U.S. Gen Xers and Baby Boomers still maintain the largest shares of millionaire homeowners nationwide, at 45 and 33 percent, respectively.

Houston (No. 12) and Austin (No. 20) appeared further down the list among the hottest metros for millionaire homeowners.

Only one Texas city appeared among RentCafe's list of the 20 fastest-growing metros for millionaire homeowners: College Station ranked 13th nationwide with a growth rate of 1,329 percent. From 2020-2024, the number of millionaire homeowners residing in College Station grew from 14 to 200.

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