x
Breaking News
More () »

Rockwall named wealthiest county in census report

Rockwall County is the wealthiest county in Texas, according to newly-released census data.

<p>Rockwall County is the wealthiest county in Texas, according to newly-released census data.</p>

ROCKWALL COUNTY -- There may not be a price tag on happiness, but there is one for luxury -- real estate agents in Rockwall County will say its about $700,000.

"You get a lot of bang for your buck," said homeowner Tim Dempsey.

The Dempsey's two children have moved out, and they're looking to downsize. That means saying goodbye to their four-bedroom house on the golf course.

That's where Realtor Debbie Branch comes in.

Branch has seen the luxury housing market in Rockwall grow substantially over her 25-year career. It's no surprise to her that the county has once again earned the spot as the wealthiest county in the state.

"When you can come out here, you can buy a very lovely, lovely house in the $350,000-to-$500,000 range," she said. "And [if you] go into the Dallas market, you're going to pay $150,000 for the same house."

According to newly-released census data, the median income for a family in Rockwall county is just over $86,500. That's about $30,000 more than the state median income of $52,500

"You still have a very large population that is relocating to the D/FW area in Rockwall, and they're coming from California and they're coming from the East Coast, and they want luxury homes," Branch said.

Debbie Branch

The downside for the Dempseys is that more-expensive properties tend to stay on the market longer. They listed their house over the holidays and are staying hopeful.

"I expect we'll have a sale in the upcoming months very soon, and I think we'll get what we're asking for that reason -- because you get a lot of home for the money," Tim Dempsey said.

While they're sad to part with the keys, they're happy to sell their piece of luxury for something a little more manageable.

Before You Leave, Check This Out