Using a formula that factors in cost of living, mortgage and utility payments, median home price, and median property tax, Bloomberg Businessweek’s website has declared Hunter’s Creek Village to be the most expensive suburb in all of Texas. (And of course, they’ve named the most expensive burbs in all 49 other states too.) Median home price in the 4,819-resident city: $865,500. [Bloomberg Businessweek, via Prime Property]
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