This Is Texas’ Number One Most Expensive Town

Living in Texas sometimes can be a bit expensive isn't it?

What do we mean by that? Well, there's so many places to live in the Lone Star State, and they all have different pricing. We've certainly seen how prices of food have gone up haven't we?

Over the years, we've seen parts of the state grow and shrink depending on the job available to somebody, or perhaps if family is around. But to move to the specified area, one needs the funds to do so. So the question becomes, where is a place one might need to be ready to hurt the wallet to get there?

Data has revealed where in the Lone Star State the most expensive town is to live in, and it's actually in Central Texas!

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The Most Expensive Town In Texas Is None Other Than...

To find out the answer, we turn to LendingTree. Using eight major factors, they were able to determine the most expensive cities in the nation. So before we reveal the Texas city you'll need a lot of money to live in, here's the data:

Total population: 26,953
Median home value: $399,400
Median household income: $70,162
Home value-to-income ratio: 5.69
Metro with comparable median home value: Austin, TX
Median home value (comparable metro): $390,500
Median household income (comparable metro): $92,939
Home value-to-income ratio (comparable metro): 4.20

So where it could it be? Well none other than ranking 12th in the nation was...Fredericksburg, Texas! That's right, the Central Texas city landed in the Top 25 of the nation.

So, to say the least, you better have the money to live in Fredericksburg!