Austin neighborhoods belong to the nation’s 1,000 wealthiest communities

money-down-the-drainNine of Austin’s high-income earner neighborhoods secure a place to the nation’s 1,000 walthiest areas. Professor Stephen Higley of University of Montevallo, said that nine of austin’s neighborhood have an annual household income of $388,436.

West lake Oaks-Bee Creek Terrace ranked 64th, ranking highest among the richest areas in Austin. A comparisson was made with other neighborhoods and it was found that Austin has a less diverse population. Unlike other neighborhoods with a multi-race residence. Ausitn’s population consist of caucasian residents of 87 percent and the other percentage of the population is made up of Asians, Latins, and Black Americans.

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